Priority Jewels IPO entered its final day of bidding with the issue subscribed 21.23 times on Day 2, led by strong retail and NII demand. The IPO is also commanding a 23% GMP, indicating expectations of a potentially healthy listing gain, while Anand Rathi has assigned a “Subscribe for Long Term” rating, citing the company’s established customer base and growth opportunities.
Market Samachar is a news aggregator. This article was originally published by Markets-Economic Times. Tap the button above to read the full story on their site.