Advit Jewels IPO Live Subscription Status
How to Apply for this IPO? Read here.
Advit Jewels Ltd. provides handcrafted fine jewellery to various clients across the PAN India. The company started its operations in 2019 and is based in Jaipur. This IPO helps the company fund working capital and clear debt. The company will use the fresh issue money to expand its liquid business resources. It also wants to settle outstanding bank borrowings completely or partially. Investors can now track the demand for these shares through the subscription status and the interest of different buyer categories.
Anchor Investor Allocation
Anchor investors are big institutions that buy shares before the public. The Book Running Lead Manager finalised the allocation of 35,88,700 Equity Shares to Anchor Investors at Rs. – per share.
| Anchor Investor Details | |
|---|---|
| Bid Date | – |
| Shares Offered | 35,88,700 |
| Anchor Portion (₹ Cr.) | – |
| Anchor lock-in period end date for 50% shares (30 Days) | – |
| Anchor lock-in period end date for remaining shares (90 Days) | – |
| Sr. | Anchor | Group Entity | Shares Allotted | Amt (₹ cr.) | % Allocated | % Allotment of Issue |
|---|---|---|---|---|---|---|
Disclaimer: This information is for educational purposes only. Always seek advice from a qualified financial professional before making investment choices.
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