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The Economic Times

Business

Akash Podishetti

Over 200x subscription! Advit Jewels becomes the hottest IPO of 2026; GMP at 41%

Advit Jewels IPO NII QIB

The issue witnessed overwhelming demand across investor categories. The non-institutional investor (NII) portion was subscribed 536.38 times, while the qualified institutional buyer (QIB) quota received bids for 174.98 times the shares reserved. The retail investor segment was subscribed 95.29 times.

The subscription surpassed all IPOs launched so far this year, underscoring the strong appetite for quality SME offerings despite a mixed broader primary market.

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