Priority Jewels IPO Subscription Status
Final figures at close of bidding: 4 Sept 2026, 6:30 pm IST
| Category | Subscription |
|---|---|
| QIB | 39.87x |
| NII | 166.49x |
| sNII (₹2L–₹10L) | 195.04x |
| bNII (above ₹10L) | 152.22x |
| Retail (RII) | 106.76x |
| Total | 100.45x |
Bidding day 5
Day-wise subscription
| Day | QIB | sNII | bNII | Retail | Total |
|---|---|---|---|---|---|
| Day 1 | 0.44x | 1.64x | 1.05x | 3.07x | 1.93x |
| Day 2 | 0.44x | 1.64x | 1.05x | 3.07x | 1.93x |
| Day 3 | 0.44x | 1.64x | 1.05x | 3.07x | 1.93x |
| Day 4 | 1.68x | 59.8x | 33.6x | 39.02x | 29.06x |
| Day 5 | 39.87x | 195.04x | 152.22x | 106.76x | 100.45x |
Times subscribed per category (bids vs shares offered, anchor portion excluded). Bidding has closed — these are the final figures.
How the book filled
Day-by-day demand
The Priority Jewels book was built over 5 days: overall subscription stood at 1.93× at the close of day 1, read 1.93× at the end of day 2, read 1.93× at the end of day 3, read 29.06× at the end of day 4, and finished at 100.45× on day 5. On the final day it was non-institutional investors (NII) driving the book, at 166.49× of the shares set aside for the category. More than half of the final demand arrived after day 1 — a late-building book. The largest single-day addition came on day 5, when the overall multiple moved from 29.06× to 100.45×.
Category detail
Qualified institutional buyers took their portion to 39.87×. Non-institutional investors came in at 166.49×, split 195.04× in the small-NII bucket (bids under ₹10 lakh) and 152.22× among big NIIs (above ₹10 lakh). Within the NII book, the smaller sub-₹10-lakh applications outpaced the bigger bids. Retail investors put in bids for 106.76× the shares reserved for them. That puts non-institutional investors (NII) at the top of the book at 166.49× and qualified institutional buyers (QIB) at the bottom at 39.87×.
What the multiple means for allotment
With retail subscription at 106.76×, applications in that category exceeded the shares available to it by a factor of about 106.76. When a retail book is oversubscribed, the registrar does not allot proportionately — allotment runs as a computerised lottery among all valid applications, with each successful application receiving at least one lot of 75 shares — ₹15,000 of stock at the upper band. The multiple above is the data point that determines how thinly that draw is spread; it describes the final book, not the outcome of any single application.
Frequently asked questions
- When does the Priority Jewels IPO open and close?
- The Priority Jewels IPO opens on 28 Aug 2026 and closes on 1 Sept 2026.
- How many times was the Priority Jewels IPO subscribed?
- The Priority Jewels IPO was subscribed 100.45 times in total across all investor categories.
- What is the reservation split in the Priority Jewels IPO?
- Of the total shares offered, retail investors get 35%, QIBs 20% (plus 30% anchor), non-institutional investors 15%.