Mumbai, Aug. 28 -- The initial public offer Priority Jewels received bids for 61,76,325 shares as against 32,02,500 shares on offer, according to stock exchange data at 17:00 IST on 28 August 2026. The issue was subscribed 1.93 times.

The issue opened for bidding on 28 August 2026 and will close on 1 September 2026. The price band of the IPO is fixed between Rs 190 and 200 per share. An investor can bid for a minimum of 75 equity shares and multiples thereof.

The IPO comprises fresh issue of 45,75,000 equity shares worth up to Rs 91.5 crore.

The objectives of the fresh issue include Rs 75 crore for Repayment/pre-payment of certain working capital borrowings, and remaining amount for general corporate purposes.

Ahead of the IPO, Priori...