Priority Jewels IPO Day 2: Issue subscribed 15.30x so far. GMP hints 23% listing gain. Should you subscribe?

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The Priority Jewels IPO opened for subscription from 28 August to 1 September with a price band of ₹190–200. The estimated listing price is ₹245, reflecting optimism due to a grey market premium of +45. Listing on BSE and NSE is scheduled for 4 September.