Non-Institutional Investors portion subscribed 536.38 times on Day 3
FinTech BizNews Service
Mumbai, June 25, 2026: The Initial Public Offering of Advit Jewels Limited IPO was subscribed 212.63 times on the final day of bidding.
The issue received bids of 1,78,16,51,400 equity shares against the offered 83,79,300 equity shares, according to data available on the stock exchanges.
Non-institutional Portion and Qualified Institutional Buyers portion were subscribed 536.38 and 174.98 times, respectively. Retail portion was subscribed 95.30 times.
Advit Jewels is in the heart of India's gemstone and jewellery hub Jaipur, Rajasthan, and it is a manufacturer and seller of traditional and contemporary handcrafted fine jewellery, specializing in Kundan, Polki, diamond and studded pieces. Its brand name is Rambhajo.
The company’s expertise in craftsmanship and a keen understanding of changing customer tastes, the company blends traditional methods with contemporary designs to create jewellery that feels both timeless and relevant. Its pieces are crafted using age-old techniques, but it also incorporates modern design elements, ensuring each item is not only beautiful but also reflects a rich cultural heritage. The result is jewellery that is elegant, meaningful and appeals to both classic and modern sensibilities.
The table below shows subscription data for all the categories of investors:
Advit Jewels Limited | ||||
Last updated on | ||||
25 Jun 2026 | 05:30:00 PM | ||||
Sr.No. | Category | No.of shares offered/reserved | No. of shares bid for | No. of times of total meant for the category |
1 | Qualified Institutional Buyers (QIBs) | 23,92,600 | 41,86,47,500 | 174.98 |
1(a) | Foreign Institutional Investors (FIIs) | - | 4,95,84,200 | - |
1(b) | Domestic Financial Institutions(Banks/ Financial Institutions(FIs)/ Insurance Companies) | - | 16,41,14,500 | - |
1(c) | Mutual Funds | - | 20,90,700 | - |
1(D) | Others | - | 20,28,58,100 | - |
2 | Non Institutional Investors(NIIS) | 17,96,700 | 96,37,11,700 | 536.38 |
2.1 | Non Institutional Investors(Bid amount of more than Ten Lakh Rupees) | 11,97,800 | 66,31,67,800 | 553.65 |
2.1(a) | Corporates | - | 53,20,800 | - |
2.1(b) | Individuals (Other than RIIs) | - | 63,22,34,500 | - |
2.1(c) | Others | - | 2,56,12,500 | - |
2.2 | Non Institutional Investors(Bid amount of more than Two Lakh Rupees and upto 10 lakh rupees) | 5,98,900 | 30,05,43,900 | 501.83 |
2.2(a) | Corporates | - | 4,54,300 | - |
2.2(b) | Individuals (Other than RIIs) | - | 29,16,66,600 | - |
2.2(c) | Others | - | 84,23,000 | - |
3 | Retail Individual Investors (RIIs) | 41,90,000 | 39,92,92,200 | 95.30 |
3(a) | Cut Off | - | 34,01,33,900 | - |
3(b) | Price Bids | - | 5,91,58,300 | - |
4 | Employee Reserved | - | - | - |
4(a) | Employee (Cut off) | - | - | - |
4(b) | Employee (Price) | - | - | - |
5 | Reservation PortionShareholder | - | - | - |
5(a) | RPS (Cut off) | - | - | - |
5(b) | RPS (Price) | - | - | - |
| Total | 83,79,300 | 1,78,16,51,400 | 212.63 |
