Priority Jewels IPO
Priority Jewels Limited (PRIORITY) · mainboard IPO on NSE and BSE · Book Building. Listed on 04 September 2026.
Issue details
Listing day
Back-tested estimate (from a model that had only seen earlier years' IPOs): listing gain +4.5% (likely range -4% to +60%), day's high +9.5%, chance of a gain 82%. Actual: +15.0% at the open, +20.8% at the high.
Subscription status
| Category | Shares offered | Shares bid for | Subscribed | |
|---|---|---|---|---|
| QIB (institutions) | 9,15,000 | 3,64,80,225 | 39.9x | |
| NII (HNI) total | 6,86,250 | 11,42,56,350 | 166x | |
| Big NII (above ₹10 lakh) | 4,57,500 | 6,96,40,125 | 152x | |
| Small NII (₹2-10 lakh) | 2,28,750 | 4,46,16,225 | 195x | |
| Retail | 16,01,250 | 17,09,54,700 | 107x | |
| Total | 32,02,500 | 32,16,91,275 | 100x |
Bids on NSE and BSE together, as published by NSE, as of 01 Sep 2026, 07:00 PM. Shares offered exclude the anchor portion. 45% of all shares bid for were at the cut-off price.
Past IPOs with similar demand
Earlier mainboard IPOs whose QIB, NII and retail subscription and size were closest to Priority Jewels's, and how they listed.
| IPO | QIB | NII | Retail | Total | Size | Listing gain | Day high |
|---|---|---|---|---|---|---|---|
| Amanta HealthcareSep 2025 | 35.9x | 209x | 55.0x | 82.6x | ₹126 Cr | +7.1% | +12.5% |
| Sigachi IndustriesNov 2021 | 86.5x | 172x | 80.5x | 102x | ₹125 Cr | +249.7% | +267.2% |
| Nova AgritechJan 2024 | 79.3x | 224x | 77.1x | 109x | ₹148 Cr | +34.1% | +40.9% |
| Jinkushal IndustriesSep 2025 | 35.7x | 146x | 47.1x | 65.1x | ₹116 Cr | +3.3% | +4.9% |
| SRM ContractorsMar 2024 | 59.6x | 215x | 47.0x | 86.6x | ₹130 Cr | +2.5% | +7.6% |
| Diffusion EngineersSep 2024 | 95.7x | 208x | 85.6x | 114x | ₹158 Cr | +15.2% | +20.9% |
Lead managers and their listing record
| Book running lead manager | Mainboard IPOs since 2019 | Avg listing gain | Listed at a premium |
|---|---|---|---|
| Mefcom Capital Markets | 3 | +4.8% | 67% |
Offer documents (NSE)
Frequently asked
What is the Priority Jewels IPO price band and lot size? ₹190–200 per share, with a lot of 75 shares, so the smallest retail bid is ₹15,000.
How many times has it been subscribed? 100x overall: QIB 39.9x, NII 166x, retail 107x.
How did it list? It opened at ₹230, +15.0% against the issue price of ₹200, and closed its first day +20.8%.
