About the Priority Jewels IPO
Priority Jewels is a Mainboard issue listing on Equity with an issue size of 91.5. The price band is ₹190-200 per share and one lot is 75 shares. Bidding runs from 28 Aug 2026 to 1 Sep 2026. The minimum application is one lot, which costs ₹15,000 at the upper band.
What the GMP implies
At the last recorded GMP of ₹28, the grey market is pricing Priority Jewels at about ₹228 on listing, against the upper price band of ₹200, or roughly ₹2,100 per lot.
.GMP changes daily and is often wrong on listing day: it is an unofficial figure from informal dealers, not a price you can trade at.
Priority Jewels IPO key dates
| Bidding opens | 28 Aug 2026 |
| Bidding closes | 1 Sep 2026 |
| Allotment | 2 Sep 2026 |
| Refunds start | 3 Sep 2026 (expected) |
| Shares credited to demat | 3 Sep 2026 (expected) |
| Listing | 4 Sep 2026 |
Dates marked "expected" follow SEBI's T+3 timeline from the closing date and change if the company announces otherwise.
How much to apply with
| Category | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min) | 1 | 75 | ₹15,000 |
| Retail (max) | 13 | 975 | ₹1,95,000 |
| Small HNI (min) | 14 | 1,050 | ₹2,10,000 |
| Small HNI (max) | 66 | 4,950 | ₹9,90,000 |
| Big HNI (min) | 67 | 5,025 | ₹10,05,000 |
Retail bids are capped at ₹2 lakh; small HNI is ₹2–10 lakh; big HNI is above ₹10 lakh. Amounts at the upper price band.
How to apply
1. Open the IPO section in your broker app, or ASBA in your bank's net banking.
2. Pick Priority Jewels, enter the number of lots and bid at the cut-off price.
3. Approve the UPI mandate on your phone before the closing day's cut-off.
4. Check allotment after 2 Sep 2026 using the button above.