Minimum Investment
About Company
Company Name: Priority Jewels Limited
Industry / Sector: Gems, Jewellery & Watches
Founded Year: 2007
Promoters: Shailesh Sangani, Manisha Shailesh Sangani, Tushar Mehta, Aditi Karan Motla, Aashna Sangani Parikh, Priority Retail Ventures Pvt. Ltd.
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. 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, including the USA, UAE, Hong Kong, and Norway. It has two jewellery manufacturing facilities in Mumbai across 19,008.79 square feet.
IPO Basic Details
| Company Name | Priority Jewels Limited |
| IPO Type | Mainboard IPO |
| Price Band | ₹190 – ₹200 |
| Lot Size | 75 Shares |
| Total Issue Size | 45,75,000 Equity Shares (₹91.50 Cr) |
IPO Strengths & Risks
Strengths
- Diversified product portfolio with strong design capabilities
- Integrated manufacturing facility in Mumbai
- Experienced promoters and leaders
- Longstanding relationship with customers
- Strong market presence across domestic and international markets
Risks
- Dependence on the diamond and gold jewellery market
- Exposure to gold and diamond price volatility
- Competition from organized and unorganized players
- Customer concentration risk
- Working capital intensive business model
- Geographical concentration of manufacturing facilities
IPO Important Dates
| IPO Open Date | 28 Aug 2026 |
| IPO Close Date | 01 Sep 2026 |
| Basis of Allotment | 02 Sep 2026 |
| Refund Initiation | Not specified in the source |
| Demat Credit Date | 03 Sep 2026 |
| Listing Date | 04 Sep 2026 |
| Anchor Investor Date | - |
| UPI Mandate Deadline | - |
IPO Objectives
- Capital expenditure for machinery and equipment – -
- Funding working capital requirements – -
- Debt repayment – -
- General corporate purposes – Balance Amount
Investor Reservation
| QIB Quota | Not more than 50% of the Offer |
| Retail Quota | Not less than 35% of the Offer |
| HNI Quota | - |
| Employee Quota | - |
| Shareholder Quota | - |
| Anchor Investor Allocation | - |
Market Lot Details
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 Lot | 75 | ₹15,000 |
| Retail Maximum | 13 Lots | 975 | ₹1,95,000 |
| S-HNI Minimum | 14 Lots | 1,050 | ₹2,10,000 |
| S-HNI Maximum | 66 Lots | 4,950 | ₹9,90,000 |
| B-HNI Minimum | 67 Lots | 5,025 | ₹10,05,000 |
Key Performance Indicators (KPI)
| ROE | 14.49% (Mar 31, 2026) |
| ROCE | 25.36% (Mar 31, 2026) |
| RoNW | - |
| PAT Margin | 3.27% (Mar 31, 2026) |
| EBITDA Margin | 6.24% (Mar 31, 2026) |
| EPS | ₹13.15 (Pre-IPO) |
| NAV per share | - |
| Debt to Equity | 0.74 (Mar 31, 2026) |
| P/E Ratio | - |
| Industry P/E | - |
Company Financial Data
| Period | Assets | Total Income | PAT | EBITDA | Net Worth | Borrowings |
|---|---|---|---|---|---|---|
| FY2026 (Mar 31, 2026) | ₹291.95 Cr | ₹539.03 Cr | ₹17.65 Cr | ₹33.62 Cr | ₹138.61 Cr | ₹102.59 Cr |
| FY2025 (Mar 31, 2025) | ₹309.14 Cr | ₹435.87 Cr | ₹10.51 Cr | ₹24.28 Cr | ₹104.89 Cr | ₹145.85 Cr |
| FY2024 (Mar 31, 2024) | ₹268.99 Cr | ₹410.61 Cr | ₹7.15 Cr | ₹19.35 Cr | ₹94.78 Cr | ₹124.96 Cr |
Grey Market Premium
| GMP Price | Not Available |
| Kostak Rate | Not Available |
| Subject to Sauda | Not Available |
| Last Updated | Not Available |
| Estimated Listing Price | TBA |
IPO Subscription Data
| Total Subscription | Pending |
| QIB (Ex Anchor) | Pending |
| HNI Subscription | Pending |
| Retail Subscription | Pending |
| Anchor | - |
IPO Intermediaries
Registrar: MUFG Intime India Pvt. Ltd.
Registrar Website: https://in.mpms.mufg.com/Initial_Offer/public-issues.html
IPO Lead Manager(s)
Company Information
Address: Plot No. 121, Street No.15/18 MIDC, Andheri (East), Mumbai, Maharashtra - 400093
Website: https://www.priorityjewels.in
Email: cs@priorityindia.com
Phone: +91 22 6767 9898
IPO Documents
Frequently Asked Questions (FAQ)
Explore More Investment Opportunities
Discover IPOs, unlisted shares, and broker comparison tools curated for smart investors.