Advit Jewels Limited IPO
ListedMainboard
212.63×
Subscribed
Price band
₹138 – ₹138
Issue size
₹165.16 Cr
Open – close
23 Jun 2026
to 25 Jun 2026
Listing
01 Jul 2026
Listing gain
+36.88%
What the filing actually says
Our read of the offer document and the exchange data — not the issuer's summary of itself
We can't judge this issue yet. A verdict needs at least three independent dimensions — valuation, growth, profitability, balance sheet, issue structure, governance or demand — and this issue does not yet publish enough of them for a read that would mean anything. The offer document has been analysed but reports too few of these to conclude on. A confident score from two fields would be worse than this notice.
Dates
The issuer's tentative timetable — a date passing is not confirmation the step completed
- Opens23 Jun 2026
- Closes25 Jun 2026
- Listing01 Jul 2026
Demand and your odds
How the book filled, and what that means for an application
Subscription by category
Qualified institutionalQIB174.98x
Non-institutionalNII / HNI536.38x
Big NIIabove ₹10L553.65x
Small NII₹2L – ₹10L501.83x
Retail individualRII95.30x
32,04,037 applications received — how many people bid, as opposed to how much money did. Exchange figures as of 25 Jun 2026.
Chance of allotment
Retail95.30× subscribed
~1 in 95.3
Retail is 95.3× subscribed. Allotment is a lottery on a single lot, so roughly 1 in 95.3 applications gets one lot. Bidding for extra lots does not improve these odds.
HNI / NII536.38× subscribed
~1 in 536.4
HNI is 536.38× subscribed. This category is allotted proportionately, so a bid receives roughly 1/536.4 of the shares applied for, subject to the minimum-lot draw.
Derived from SEBI's allotment mechanics and the subscription figures beside it. Retail allotment is a lottery on a single lot, so applying for more lots does not improve your chance of getting something.
Grey market premium
Unofficial dealer quotes — not published by NSE, BSE, SEBI or the company
₹64+46.4%
over the upper band · last seen 07 Sept 2026
What this number is not. Grey-market premium is an unregulated, thinly-traded quote from private dealers. It is not a forecast of the listing price, it is not verifiable, and it can be moved by the same people who benefit from it looking high. We publish it because you will look it up anyway — and we deliberately do not convert it into an expected listing gain, because that arithmetic implies a reliability the number has never earned. For what actually happened to comparable issues, see recent outcomes below.
The offering
Terms, structure and who is selling
Terms
Price band₹138 – ₹138
Total issue size₹165.16 Cr
Listing atMainboard
Company & valuation
ROE35.89%
ROCE24.09%
RoNW30.41%
PAT Margin20.55%
EBITDA Margin29.63%
NAV26.13
ISININE1SJO01012
RegistrarBigshare Services Private Limited
Lead managersHolan i Consultants Private Limited
Who gets what
How the issue is split between investor categories, and what each may bid.
| Category | Shares | % of issue |
|---|---|---|
| QIB Shares Offered | 59,81,300 | — |
| Anchor Investor Shares Offered | 35,88,700 | — |
| QIB (Ex. Anchor) Shares Offered | 23,92,600 | — |
| NII (HNI) Shares Offered | 17,96,700 | — |
| bNII > ₹10L | 11,97,800 | 798.00% |
| sNII < ₹10L | 5,98,900 | 399.00% |
| Retail Shares Offered | 41,90,000 | 41900.00% |
Total issue 1,19,68,000 shares. Indented rows sit inside the category above them and are not added to it.
What each category may bid
Retail (Min)₹13,8001 lot · 100 sh
Retail (Max)₹1,93,20014 lots · 1,400 sh
S-HNI (Min)₹2,07,00015 lots · 1,500 sh
S-HNI (Max)₹9,93,60072 lots · 7,200 sh
B-HNI (Min)₹10,07,40073 lots · 7,300 sh
Lot size alone does not answer "how much do I need" — an S-HNI minimum is several lots, not one.
Anchor book
Shares allotted35,88,700
Anchor portion₹49.52 Cr
Bid date22 Jun 2026
Lock-in ends (50%)29 Jul 2026
Lock-in ends (rest)27 Sept 2026
Anchors are institutional money placed a day before bidding opens, against a lock-in. Those two dates are when that stock can first be sold — a supply event worth knowing if you still hold.
What happened to comparable issues
The last 8 issues to list with a recorded opening price, most comparable first
Median listing gain
+6.1%
Listed up
6 of 8
Best
+65.4%
Orient Cables (India) Limited
Worst
-2.3%
Vishal Nirmiti Limited
Fusion CX Limitedsame segment
4.5× sub+5.5%
HD Fire Protect Limitedsame segment
131.7× sub+23.6%
Nityas Gems and Jewellery Limitedsame segment
2.3× sub+6.7%
Vishal Nirmiti Limitedsame segment
1.7× sub-2.3%
Shah Investor's Home Limitedsame segment
38.1× sub+2.4%
Srit India Limitedsame segment
125.2× sub+13.8%
Runwal Enterprises Limitedsame segment
2.5× sub+0.0%
Orient Cables (India) Limitedsame segment
92.3× sub+65.4%
Past issues are context, not a forecast — this issue is a different company at a different price. We show it because "how have issues like this one actually opened" is a question with a real answer, and grey-market premium is not that answer.
Offer documents
The primary sources everything above is drawn from
Common questions
What is the Advit Jewels Limited IPO GMP today?
The most recent grey-market premium recorded for Advit Jewels Limited is ₹64 per share — about 46.4% over the ₹138 upper band. Grey-market premium is an unofficial, unregulated quote from private dealers. It is not published by NSE, BSE, SEBI or the company, and it is not a forecast of the listing price.
How many times is the Advit Jewels Limited IPO subscribed?
Advit Jewels Limited is subscribed 212.63× overall (QIB 174.98×, NII 536.38×, retail 95.30×). Subscription keeps changing until the issue closes; the final basis of allotment is published by the registrar, Bigshare Services Private Limited.
What are the chances of allotment in the Advit Jewels Limited IPO?
The retail portion is subscribed 95.30×, so allotment is by lottery and the odds of receiving at least one lot are roughly 1 in 95. Applying for more lots does not improve the chance of getting something — every retail applicant competes for the same single minimum lot.
Disclaimer. Figures are compiled from the issuer's offer document and exchange-published bidding data. Subscription changes until the issue closes, and the final basis of allotment is published by the registrar. Grey-market premium is unofficial and is not a forecast. Nothing here is investment advice or a recommendation — read the offer document and consult a SEBI-registered adviser before applying.