Jaipur’s Advit Jewels IPO is witnessing overwhelming investor interest, subscribed over 212 times by day three, with a significant 40% grey market premium. The Rs 165 crore issue, a fresh equity offering, will fund working capital and debt repayment. The handcrafted jewellery brand, operating under the Rambhajo name, specializes in traditional and contemporary designs, boasting strong financial growth and an integrated manufacturing facility.
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