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Advit Jewels IPO

Jewellery Retail - Listed on 01 July 2026

+35.4% listing gain
Issue Price (Upper)
Rs 138
Listing Price
Rs 186.7
Closing Price (NSE)
Rs 174.9
Total Subscription
70.00x

Advit Jewels IPO listing summary

Advit Jewels (Jewellery Retail) closed its IPO window in 2026 and listed on NSE and BSE on 01 July 2026 at an upper band issue price of Rs 138, opening at Rs 186.7 for a listing gain of +35.4% and closing day one at Rs 174.9 (+26.7% on closing basis). The IPO was subscribed 70.00x overall - QIB 174.98x, HNI/NII 536.38x, Retail 95.30x. The total issue size was Rs -0.17 Cr (Fresh Issue Rs 0.65 Cr, OFS Rs 160.37 Cr). IPO GMP data, subscription trends across Day 1 - Day 3 and Nifty performance around the listing window are detailed below.

Listing day performance

Listing Gain (Open)
+35.37%
Listing Gain (Close)
+26.74%
Day Change After Listing
-8.63%
Retail Quota
35.0%

Subscription breakdown

Final (Day 3) subscription

Number of times each investor category subscribed by close of Day 3.

QIB174.98x
HNI / NII536.38x
Retail95.30x
Overall70.00x

Day-wise overall subscription

How overall subscription built up across the three-day issue window.

Day 160.00x
Day 265.00x
Day 3 (Final)70.00x

Advit Jewels IPO GMP history

Grey market premium (GMP) tracked day-by-day across the IPO window. Absolute GMP is the premium in rupees over the upper issue price; GMP % is that premium as a percent of the issue price.

DayGMP (Rs)GMP %
Day 1Rs 155.58+65.00%
Day 2Rs 0+70.00%
Day 3Rs 60+38.90%
Day 4Rs 65+38.90%
Day 5Rs 38.9+38.90%

GMP Prediction vs IPOGyani AI Prediction

Comparison between market-based GMP prediction and IPOGyani's AI-powered listing gain prediction.

GMP Prediction Range
38.9%-70.0%
IPOGyani AI Prediction
38.9%
Actual Listing Gain
+35.4%

Prediction Accuracy: 3.5 pp (Reasonably accurate)

Issue & financials

Issue SizeRs -0.17 Cr
Fresh IssueRs 0.65 Cr
OFSRs 160.37 Cr
IPO PE25.73
Peer / Sector PE38.90
PE vs Sector Ratio17.42
Latest EBITDA (Cr)1.29
Debt / Equity38.90

Market context at listing

How the broader market moved around the Advit Jewels IPO window. Helpful for isolating how much of the listing gain came from company fundamentals vs. market tailwind.

Nifty 3D Return+7.92%
Nifty 1W Return+1.06%
Nifty 1M Return-0.65%
Nifty during IPO window-0.81%

Advit Jewels IPO - FAQs

What was the listing gain of Advit Jewels IPO?

Advit Jewels IPO listed at +35.4% versus the upper issue price of Rs 138 on 01 July 2026.

How many times was Advit Jewels IPO subscribed?

Advit Jewels IPO was subscribed 70.00x overall. QIB portion was subscribed 174.98x, HNI / NII 536.38x and Retail 95.30x.

What was the IPO GMP for Advit Jewels?

IPO GMP started at Rs 155.58 on Day 1 and moved to Rs 38.9 by the close of the issue window. See the day-by-day GMP table above for the full trajectory.

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