Priority Jewels IPO
Priority Jewels IPO is a mainboard IPO raising ₹92 Cr at ₹190 – ₹200 a share. It listed on 4 Sept 2026 at ₹230, +15.0% against its issue price of ₹200, and trades at ₹227 today (+13.5% since issue). It was subscribed 100× in total.
100.5 times more demand than shares on offer
populated partly populated we hold nothing here — the tab says why
Who bid for it
| Investor category | Shares offered | Shares bid for | Subscribed |
|---|---|---|---|
| QIB Banks, funds and other large institutions | 9,15,000 | 3,64,80,225 | 40× |
| Foreign Institutional Investors | no separate quota | 60,53,700 | n/a |
| Domestic Financial Institutions | no separate quota | 87,67,050 | n/a |
| Mutual funds | no separate quota | 17,56,050 | n/a |
| Others | no separate quota | 1,99,03,425 | n/a |
| Non-institutional Wealthy individuals and companies bidding above ₹2 lakh | 6,86,250 | 11,42,56,350 | 166× |
| Non Institutional Investors | 4,57,500 | 6,96,40,125 | 152× |
| Corporates | no separate quota | 14,30,925 | n/a |
| Individuals | no separate quota | 6,55,26,975 | n/a |
| Others | no separate quota | 26,82,225 | n/a |
| Non Institutional Investors | 2,28,750 | 4,46,16,225 | 195× |
| Corporates | no separate quota | 2,26,500 | n/a |
| Individuals | no separate quota | 4,28,86,725 | n/a |
| Others | no separate quota | 15,03,000 | n/a |
| Retail Ordinary investors bidding up to ₹2 lakh | 16,01,250 | 17,09,54,700 | 107× |
| Cut Off | no separate quota | 14,62,97,625 | n/a |
| Price bids | no separate quota | 2,46,57,075 | n/a |
| Total | 32,02,500 | 32,16,91,275 | 100× |
Sub-categories read no separate quota rather than a dash: the exchange publishes bids at that level but never a reservation against them, so a subscription multiple does not exist — it is not missing data. Bids across both exchanges (NSE and BSE) — the figure usually quoted publicly. Last updated 2 Sept, 08:15 am IST.
Where the bids landed
Demand barely changes across the price band — bidders were not price-sensitive. 45% of the book was bid at cut-off — investors who accept whatever price is set.
Cumulative shares bid for at each price, across both exchanges. “Cut-off” means the investor accepts whatever final price is set — mostly small retail applications. A band where demand barely changes between the low and high price tells you bidders were not price-sensitive.
How demand built
Our own series — the exchanges publish a running total and never a history.25 readings held.
Institutions typically enter the book on the final day, which is why a day-one subscription figure tells you very little.