Priority Jewels IPO subscribed 100.45 times
Mumbai, Sept. 1 -- The initial public offer Priority Jewels received bids for 32,16,86,025 shares as against 32,02,500 shares on offer, according to stock exchange data at 17:30 IST on 1 September 2026. The issue was subscribed 100.45 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 a 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/prepayment of certain working capital borrowings and the remaining amount for general corporate purposes.
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