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The Economic Times
The Economic Times
Business
Ritesh Presswala

Priority Jewels IPO Day 3: GMP hints at 23% listing gain, issue subscribed 21 times. Should you subscribe?

The Priority Jewels IPO has entered its third and final day of bidding, with investors showing strong appetite for the issue. While subscription numbers have already painted a positive picture, the grey market is adding further optimism, with the IPO currently commanding a grey market premium (GMP) of 23%.

If the current GMP trend holds, investors could see a potentially healthy listing gain when the shares make their debut.

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