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ASX:SHL 2 February 2026 - 19 February 2026

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  • Advit Jewels (NSE:ADVITJEWEL) jumps 36.88% at open after strong IPO demand
    July 1, 2026, 3:04 AM EDT. Shares of Advit Jewels started trading at ₹188.90 on the NSE, up 36.88% from the IPO price of ₹138. On the BSE, the stock opened at ₹187, a 35.51% premium. The IPO saw heavy interest, getting subscribed 212.63 times, led by non-institutional investors at 536.38 times and qualified institutional buyers at 174.98 times. The issue was all fresh shares-1.2 crore-no sale from existing holders. Funds are meant for working capital and repaying ₹65 crore in bank loans. Advit Jewels, founded in 2019 in Jaipur, operates under the Rambhajo label and sells handcrafted fine jewellery in both B2B and B2C channels, mainly in 14K and 18K gold.
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