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Explore how Advit Jewels Ltd.’s IPO performed on its first day of subscription, including investor participation, price band details, important dates, and the process to apply through ASBA or UPI.
The Advit Jewels Ltd. IPO opened for subscription on 23 June 2026, marking the company's entry into the public markets through a book-built issue. The IPO has garnered strong investor interest on Day 1, particularly from retail and non-institutional investors. The issue aims to raise funds for working capital requirements, repayment of borrowings, and general corporate purposes.
The Advit Jewels Ltd. IPO received a robust response on the first day of bidding. At the closing day 1 on 23 June 2026, the issue was subscribed 9.53 times overall, led by strong participation from the Non-Institutional Investor (NII) and Retail Individual Investor (RII) categories.
The IPO witnessed healthy demand across investor categories, with the NII segment emerging as the strongest contributor.
| Investor Category | Subscription (Times) |
|---|---|
Qualified Institutional Buyers (QIBs ex-anchors) |
1.09x |
Non-Institutional Investors (NIIs) |
18.71x |
Retail Individual Investors (RIIs) |
10.42x |
Overall |
9.53x |
The strong response from NIIs and retail investors indicates substantial market interest in the issue. The QIB category also crossed full subscription on the first day, reflecting broad-based participation across investor segments.
The Advit Jewels Ltd. IPO witnessed a sharp increase in investor participation on the second day of bidding. The issue was subscribed 30.79 times overall, driven by exceptionally strong demand from Non-Institutional Investors (NIIs) and robust participation from retail investors. The broad-based response highlights strong market interest in the jewellery company's public offering.
| Investor Category | Subscription (Times) |
|---|---|
Qualified Institutional Buyers (QIBs) |
1.24x |
Retail Individual Investors (RIIs) |
27.39x |
Non-Institutional Investors (NIIs) |
78.08x |
Overall |
30.79x |
The NII category emerged as the strongest contributor on Day 2, subscribing over 78 times its allocated quota. Retail investors also demonstrated significant interest, with subscriptions crossing 27 times. Meanwhile, the QIB portion remained fully subscribed. The strong Day 2 momentum positions the IPO for a closely watched final day of bidding ahead of its closure.
The Advit Jewels Ltd. IPO concluded its subscription period with an overwhelming response from investors across all categories. On the final day of bidding, the issue was subscribed 192.13 times overall, supported by exceptional demand from Non-Institutional Investors (NIIs), healthy participation from Retail Individual Investors (RIIs), and robust interest from Qualified Institutional Buyers (QIBs).
| Investor Category | Subscription (Times) |
|---|---|
Qualified Institutional Buyers (QIBs) |
134.23x |
Retail Individual Investors (RIIs) |
86.57x |
Non-Institutional Investors (NIIs) |
515.43x |
Overall |
192.13x |
The NII category led the subscriptions with an impressive 515.43 times subscription, while the retail segment recorded 86.57 times subscription. QIB participation also strengthened significantly on the final day, helping the overall issue cross 190 times subscription. The robust investor response reflects broad market interest in the IPO ahead of the basis of allotment scheduled for 29 June 2026.
The table below provides an overview of the important details of the IPO:
| Particulars | Details |
|---|---|
Price Band |
₹130 to ₹138 per share |
Face Value |
₹10 per share |
Lot Size |
100 shares |
Minimum Investment |
₹13,800 (1 lot at the upper price band) |
Issue Size |
₹165.16 Crores |
Issue Type |
Book Building IPO |
Total Shares Offered |
1.20 Crore shares |
Fresh Issue |
1.20 Crore shares |
Listing Platform |
NSE & BSE |
The IPO consists entirely of a fresh issue of shares. The company intends to utilise the proceeds towards funding incremental working capital requirements, repayment or prepayment of certain outstanding borrowings, and general corporate purposes.
For detailed insights about the company, issue particulars, and the latest updates, visit the Advit Jewels Ltd. IPO on Bajaj Markets.
The following timeline highlights the milestones associated with the IPO:
| Event | Date | Description |
|---|---|---|
IPO Open Date |
23 June 2026 |
Subscription window opens |
IPO Close Date |
25 June 2026 |
Last date to submit bids |
Basis of Allotment |
29 June 2026 |
Expected allotment finalisation |
Initiation of Refunds |
30 June 2026 |
Refunds for unallotted applicants |
Credit of Shares |
30 June 2026 |
Shares credited to Demat accounts |
Listing Date |
1 July 2026 |
Expected listing on NSE and BSE |
Note: These dates represent procedural milestones based on publicly available data and are intended for informational purposes only.
Investors can apply for the Advit Jewels Ltd. IPO using either the ASBA facility through net banking or the UPI route through broker platforms.
This is a convenient and secure method where your application amount stays blocked until shares are allotted.
Log in to your internet banking account.
Go to the ‘Investments’ or ‘IPO Application’ section.
Select ‘Advit Jewels Ltd. IPO’ from the available list.
Enter your preferred bid quantity and price.
Confirm and submit your application.
The bid amount will remain blocked in your account until allotment.
Upon allotment, the amount will be debited, and shares credited to your Demat account.
You can apply using UPI through your stockbroker’s or financial marketplace’s online platform.
Log in to your trading account or Demat account on your broker’s platform or financial marketplace.
Navigate to the IPO section and select ‘Advit Jewels Ltd. IPO’.
Enter your application details including number of lots and price.
Provide your UPI ID linked to your bank account.
Approve the UPI mandate request on your UPI app (like BHIM, Google Pay, or PhonePe).
Funds will be debited only upon share allotment.
Once allotted, shares will be credited directly to your Demat account.
Sources
LiveMint — IPO News and Updates, https://www.livemint.com/market/ipo
Economic Times — IPO News: Latest IPO News, Upcoming IPO, https://economictimes.indiatimes.com/markets/ipo
Financial Express — IPO News, https://www.financialexpress.com/market/ipo-news/
NDTV Profit — IPOs, https://www.ndtvprofit.com/ipos
Business Today — IPO Corner: Latest IPO News & Analysis, https://www.businesstoday.in/markets/ipo-corner
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