Priority Jewels IPO Gets 100.45 Times Subscription on Final Day

Authored By PTI | Last Modified: Sep 2, 2026 10:16 AM IST

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New Delhi: The initial share sale of Priority Jewels Ltd received 100.45 times subscription on the final day of bidding on Tuesday.

The Rs 91.50-crore initial public offer (IPO) attracted bids for 32,16,91,275 shares against 32,02,500 shares on offer, as per NSE data.

The category for non-institutional investors garnered 166.49 times subscription. The quota for retail investors was subscribed 106.76 times, and qualified institutional buyers (QIBs) received 39.87 times subscription.

The initial share sale of Priority Jewels Ltd received 1.93 times subscription on the first day of bidding on Friday.

Priority Jewels Ltd raised Rs 27.5 crore from four anchor investors, including WhiteOak Capital and Sanshi Fund-I.

The price band for the offer has been fixed at Rs 190-200 per share.

The IPO comprises a fresh issue of up to 45.75 lakh equity shares, aggregating to Rs 91.50 crore at the upper end of the price band.

Mefcom Capital Markets Ltd is the book-running lead manager to the IPO.

(Disclaimer: Except for the headline, this article has not been edited by HDFC Sky editorial team and is auto-generated from PTI feed.)

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