Priority Jewels IPO listing tomorrow. What GMP signals ahead of debut?
New Delhi, Sept. 3 -- The shares of Priority Jewels are all set to make its stock market debut on Friday, 4 September, after witnessing stellar response from investors during the three-day subscription period.
The allotment of the Priority Jewels IPO was finalised on Wednesday, 2 September.
The IPO, which opened for subscription on August 28 and closed on 1 September, received an overwhelming response, with the issue subscribed 100.45 times overall. Retail investors placed bids for 106.76 times the shares on offer, while the Non-Institutional Investors (NIIs) quota was subscribed 166.49 times. Qualified Institutional Buyers (QIBs) subscribed 39.87 times.
The grey market premium (GMP) of Priority Jewels IPO is currently around Rs.30 , i...
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