Priority Jewels IPO

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Price Band

190 – ₹200

Issue Size

91.5 Cr

Issue Dates

28 Aug 1 Sept 2026

Listing Date

4 Sept 2026

About Priority Jewels Ltd.

Incorporated in 2007, Priority Jewels designs, manufactures, and sells diamond-studded gold and platinum fine jewellery. It offers a variety of daily wear jewellery products, like rings, earrings, pendants, neckware, bracelets, and occasion couture jewellery. The company sells products to independent jewellers and jewellery chains in India and globally, like CaratLane Trading Pvt Ltd, Kalyan Jewellers, Reliance Retail, Malabar Gold & Diamonds, Thribhovandas Bhimji Zaveri Ltd, and Senco Gold Ltd. As of June 30, 2026, it has served over 200 customers, including 125 independent jewellers and 53 jewellery chains. The company has a strong market presence across 21 states and 3 union territories, and exports products to 13 countries. It has two jewellery manufacturing facilities in Mumbai across 19,008.79 square feet.

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IPO Details

Price Band₹190 – ₹200
Face Value₹10
Issue Size₹91.5 Cr
Fresh Issue₹91.5 Cr
Total Shares Offered45,75,000
Listed OnBoth

Objects of the Issue

Repayment / pre-payment, in full or in part, of certain borrowings availed by the Company (est. ₹75.00 Cr); and General Corporate Purposes.

Key Financial Metrics

ROE

4.55%

ROCE

6.92%

Debt / Equity

0.76

Financial Performance

Particulars (₹ Cr)FY 2024FY 2025FY 20263M ended Jun 30, 2026
Revenue
EBITDA19.3524.2833.6210.29
PAT7.1510.5117.656.48
Total Assets268.99309.14291.95310.61
Net Worth94.78104.89138.61145.66
Total Borrowings124.96145.85102.59110.49

Valuation

Market Capitalisation

Pre-IPO₹269 Cr
Post-IPO₹360 Cr

P/E Ratio

Pre-IPO15.21x
Post-IPO13.9x

Promoter Holding

Pre-IPO93.85%
Post-IPO

Public Holding

Pre-IPO6.15%
Post-IPO

Lot Size & Allocation

Investment by Category

CategoryLot SizeMin InvestmentMax Investment
retail_min75 shares₹15,000
retail_max975 shares₹1,95,000
shni_min14 × 1050₹2,10,000
shni_max4950 shares₹9,90,000
bhni_min67 × 5025₹10,05,000

Reservation / Allocation

CategoryAllocationCut-off
QIB50%No
Retail35%No
NII15%No

Registrar & Lead Managers

Registrar

MUFG Intime India Pvt. Ltd.

Lead Managers (1)

Mefcom Capital Markets Ltd.

Frequently Asked Questions

5 questions about Priority Jewels IPO IPO

Priority Jewels IPO is a main-board IPO of 45,75,000 equity shares of face value ₹10 aggregating up to ₹92 Crores, entirely a fresh issue. The issue is priced at ₹190 to ₹200. The minimum order quantity is 75 shares. The IPO opens on Aug 28, 2026 and closes on Sep 1, 2026. MUFG Intime India Pvt. Ltd. is the registrar, and the shares are proposed to be listed on BSE and NSE.

Important Dates

Issue Opens28 Aug 2026
Issue Closes1 Sept 2026
Allotment2 Sept 2026
Refund Initiation3 Sept 2026
Demat Credit3 Sept 2026
Listing Date4 Sept 2026

Live GMP

Grey Market Premium28
GMP %14%
View GMP History

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