Priority Jewels IPO

Diamond-Studded Fine Jewellery (Manufacturing) - Listed on 04 September 2026

+15.0% listing gain
Issue Price (Upper)
Rs 200
Listing Price
Rs 230
Closing Price (NSE)
Rs 241.5
Total Subscription
100.45x

Priority Jewels IPO listing summary

Priority Jewels (Diamond-Studded Fine Jewellery (Manufacturing)) closed its IPO window in 2026 and listed on NSE and BSE on 04 September 2026 at an upper band issue price of Rs 200, opening at Rs 230 for a listing gain of +15.0% and closing day one at Rs 241.5 (+20.8% on closing basis). The IPO was subscribed 100.45x overall - QIB 39.87x, HNI/NII 166.49x, Retail 106.76x. The total issue size was Rs 91.5 Cr (Fresh Issue Rs 91.5 Cr, OFS Rs 0 Cr). IPO GMP data, subscription trends across Day 1 - Day 3 and Nifty performance around the listing window are detailed below.

Listing day performance

Listing Gain (Open)
+15.00%
Listing Gain (Close)
+20.75%
Day Change After Listing
+5.00%
Retail Quota
35.0%

Subscription breakdown

Final (Day 3) subscription

Number of times each investor category subscribed by close of Day 3.

QIB39.87x
HNI / NII166.49x
Retail106.76x
Overall100.45x

Day-wise overall subscription

How overall subscription built up across the three-day issue window.

Day 11.93x
Day 221.23x
Day 3 (Final)100.45x

Priority Jewels IPO GMP history

Grey market premium (GMP) tracked day-by-day across the IPO window. Absolute GMP is the premium in rupees over the upper issue price; GMP % is that premium as a percent of the issue price.

DayGMP (Rs)GMP %
Day 1Rs 31+15.50%
Day 2Rs 31+15.50%
Day 3Rs 40+20.00%
Day 4Rs 45+22.50%
Day 5Rs 38+19.00%

GMP Prediction vs IPOGyani AI Prediction

Comparison between market-based GMP prediction and IPOGyani's AI-powered listing gain prediction.

GMP Prediction Range
15.5%-22.5%
IPOGyani AI Prediction
13.4%
Actual Listing Gain
+15.0%

Prediction Accuracy: 1.6 pp (Highly accurate)

Issue & financials

Issue SizeRs 91.5 Cr
Fresh IssueRs 91.5 Cr
OFSRs 0 Cr
IPO PE20.39
Peer / Sector PE13.11
PE vs Sector Ratio1.56
Latest EBITDA (Cr)6.24
Debt / Equity0.74

Market context at listing

How the broader market moved around the Priority Jewels IPO window. Helpful for isolating how much of the listing gain came from company fundamentals vs. market tailwind.

Nifty 3D Return-0.66%
Nifty 1W Return-1.15%
Nifty 1M Return-1.04%
Nifty during IPO window-1.15%

Priority Jewels IPO - FAQs

What was the listing gain of Priority Jewels IPO?

Priority Jewels IPO listed at +15.0% versus the upper issue price of Rs 200 on 04 September 2026.

How many times was Priority Jewels IPO subscribed?

Priority Jewels IPO was subscribed 100.45x overall. QIB portion was subscribed 39.87x, HNI / NII 166.49x and Retail 106.76x.

What was the IPO GMP for Priority Jewels?

IPO GMP started at Rs 31 on Day 1 and moved to Rs 38 by the close of the issue window. See the day-by-day GMP table above for the full trajectory.

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