The Economic Times

Priority Jewels IPO Day 2: GMP points to 23% listing gains. Is it time to subscribe?

Priority Jewels IPO enters Day 2 with strong investor demand, after the issue was subscribed 1.93 times on Day 1. Retail investors subscribed 3.07 times, while the grey market premium stood at 23%, signalling potential listing gains. Priced at Rs 190200 per share, the Rs 91.05-crore IPO closes on September 1, with analysts recommending subscription for the long term.