Advit Jewels IPO subscribed 10.94 times, led by strong sHNI demand
Advit Jewels IPO subscribed 10.94 times overall. sHNI category subscribed 35.81x, bHNI 16.83x, Retail 11.32x, and QIB 1.11x. Employees did not subscribe.
*this image is generated using AI for illustrative purposes only.
Advit Jewels secured total subscriptions of 10.94 times for its initial public offering (IPO), driven primarily by strong interest from Non-Institutional Buyers (sHNI). The subscription data indicates robust demand from specific investor categories despite varied participation levels across segments.
Non-Institutional Buyers (sHNI) subscribed 35.81 times, emerging as the largest driver of demand. Non-Institutional Buyers (bHNI) followed with a subscription of 16.83 times. Retail individual investors subscribed 11.32 times, while Qualified Institutional Buyers (QIB) recorded a subscription of 1.11 times. The employee category received zero subscriptions.
The following table details the subscription status across investor categories:
| Investor Category | Subscription Status |
|---|---|
| Non-Institutional Buyers (sHNI) | 35.81 x |
| Non-Institutional Buyers (bHNI) | 16.83 x |
| Retail | 11.32 x |
| Qualified Institutional Buyers (QIB) | 1.11 x |
| Employees | 0 x |
| Total Subscribed | 10.94 x |
The filing confirms the final subscription figures for the IPO.
What factors contributed to the lack of interest from Qualified Institutional Buyers given the high demand from other categories?
How will the overwhelming demand from Non-Institutional Buyers impact the listing price and initial trading volatility?
What does the zero subscription from employees suggest about internal sentiment or the structure of the employee reservation?
20
Access Market Heat-map & Insights 
Create, Save & Share your Screener 
Use 200+ Screening Filters 
