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Priority Jewels IPO Day 2: Issue book over 15 times so far, GMP signals 23% listing gain. Should you subscribe?
Economic Times — Markets✓
Original Reporting
AI EXECUTIVE SUMMARY
Priority Jewels IPO has attracted strong demand on Day 2, with the issue subscribed 15.61 times. The IPO is also commanding a 23% grey market premium, signalling potential listing gains. With the issue fully priced at 20.5x FY26 P/E, Anand Rathi has recommended subscribing to the IPO for long-term gains.
Priority Jewels IPO has attracted strong demand on Day 2, with the issue subscribed 15.61 times. The IPO is also commanding a 23% grey market premium, signalling potential listing gains. With the issue fully priced at 20.5x FY26 P/E, Anand Rathi has recommended subscribing to the IPO for long-term gains.
This story was originally reported by Economic Times — Markets. As an automated real-time news aggregator, NewsToolBar provides multi-perspective indexing and AI summarization while directing full readership directly to primary publisher sources.
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