Priority Jewels IPO Date, Review, Price, Allotment Details

Priority Jewels IPO open date is 2025 and the IPO will close on 2025. Priority Jewels IPO is a Book Built Issue. The company to raise around ₹[.] crores via IPO that comprises fresh issue of ₹[.] crores and offer for sale up to [.] equity shares with face value of ₹10 each.

Priority Jewels IPO price band is ₹[.] to ₹[.] per share. The retail quota is 35%, QIB is 50%, and HNI is 15%. Priority Jewels IPO to list on BSE, NSE on 2025. The allotment of Priority Jewels IPO date is 2025.

The company reported revenue of ₹410.61 crores in 2024 against ₹471.42 crore in 2023. The company reported profit of ₹7.15 crores in 2024 against profit of ₹4.50 crores in 2023. As per the financials the IPO investors should apply the IPO for a long term.

Table of Contents

Priority Jewels IPO Details

IPO Open Date:2025
IPO Close Date:2025
Face Value:₹10 Per Equity Share
IPO Price Band:₹[.] to ₹[.] Per Share
Issue Size:Approx ₹[.] Crores
Fresh Issue:Approx ₹[.] Crores
Offer for Sale:Approx [.] Equity Shares
Issue Type: Book Built Issue
IPO Listing:BSE & NSE
DRHP Draft Prospectus:PDF
RHP Draft Prospectus:PDF

Priority Jewels IPO Review & Key Points

  • Review:

Priority Jewels IPO Market Lot

The Priority Jewels IPO minimum market lot is [.] shares with ₹[.] application amount. The retail investors can apply up-to 13 lots with [.] shares of ₹[.] amount.

ApplicationLot SizeSharesAmount
Retail Minimum₹-
Retail Maximum₹-
S-HNI Minimum₹-
S-HNI Maximum₹-
B-HNI Minimum₹-

IPO Reservation

Investor CategoryShare Offered-% Shares
Anchor Investor– Shares-%
QIB (Ex. Anchor)– Shares50%
NII Shares Offered– Shares15%
Retail Shares Offered– Shares35%

Priority Jewels IPO Anchor Investors

Anchor Bidding Date2025
Anchor Investors ListPDF
Shares Offered[.] Shares
Anchor Size[.] Cr.
lock-in period end date 50% shares (30 Days) 2025
lock-in period end date 50% shares (90 Days) 2025

Priority Jewels IPO Dates

The Priority Jewels IPO date is 2025 and the close date is 2025. The Priority Jewels IPO allotment will be finalized on 2025 and the IPO listing on 2025.

IPO Open Date:2025
IPO Close Date:2025
Basis of Allotment:2025
Refunds:2025
Credit to Demat Account:2025
IPO Listing Date:2025
IPO Bidding Cut-off Time:2025- 5 PM

Promoters and Holding Pattern

The promoters of the company are Shailesh Sangani, Manisha Shailesh Sangani, Tushar Mehta, Aditi Karan Motla, Aashna Sangani Parikh And Priority Retail Ventures Private Limited.

ParticularShares% Share
Promoter Holding Pre Issue1,26,00,000100%
Promoter Holding Post Issue1,80,00,000-%

Objects of the Issue & Utilisation of proceeds

PurposeCrores
Repayment / pre-payment, in full or in part, of certain borrowings availed by our Company₹75
General corporate purposes₹-

About Priority Jewels IPO

Priority Jewels was incorporated in 2007 and is one of the leading companies engaged in the manufacturing of fine jewellery. The company follows the process from designing, manufacturing, to selling a comprehensive range of lightweight, affordable, and diamond-studded gold and platinum fine jewellery. The company is engaged in supplying gold and platinum jewellery directly to independent jewellers and jewellery chains in India, such as CaratLane Trading, Kalyan Jewellers, Malabar Gold & Diamonds, Tribhovandas Bhimji Zaveri, and Senco Gold. Their manufacturing facilities situated in Mumbai span 19,008 sq ft. and 6,821 sq. ft., which are provided with advanced casting as well as modern CAD/CAM and 3D printing technology, enabling precision manufacturing. The company consists of over 200 customers in India, 159 independent jewellers, and 35 jewellery chains as of December 2024. Khazanchi Jewellers, RBZ Jewellers, Ashapuri Gold Ornament, and Shringar House of Mangalsutra are the competitors of the priority jewels.

Priority Jewels IPO Company Financial Report

Amount ₹ in Crores

Period EndedRevenueExpensePATAssets
2022₹403.57₹396.32₹5.37₹231.90
2023₹471.42₹465.32₹4.50₹280.48
2024₹410.61₹400.97₹7.15₹268.99
December 2024₹295.57₹284.21₹8.15₹278.26

Priority Jewels IPO Valuation – FY2024

Check Priority Jewels IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.

KPIValues
ROE:7.35%
ROCE:17.47%
EBITDA Margin:4.71%
PAT Margin:1.74%
Debt to equity ratio: 1.32
Earning Per Share (EPS):₹5.67 (Basic)
Price/Earning P/E Ratio:N/A
Return on Net Worth (RoNW):7.54%
Net Asset Value (NAV):₹300.90

Peer Group Comparison

CompanyEPSPE RatioRoNW %NAVIncome
Khazanchi Jewellers Ltd11.0450.0914.55%75.87820.78 Cr.
RBZ Jewellers Ltd.8.2316.8214.38%51.87327.43 Cr.
Ashapuri Gold Ornament Ltd.0.4017.8311.65%3.60165.07 Cr.
Shringar House of Mangalsutra Ltd.4.39NA25.65%154.341101.52 Cr.

IPO Lead Managers aka Merchant Bankers

  • Mefcom Capital Markets Limited

Company Address

Priority Jewels Limited
Plot No. 121, Street No.15/18
MIDC, Andheri (East), Mumbai
City, Mumbai 400 093,
Maharashtra, India
Phone: +91 22 6767 9898
Email: [email protected]
Website: www.priorityjewels.in

IPO Registrar

MUFG Intime India Private Limited
Phone: +91 81081 14949
E-mail: [email protected]
Website: https://in.mpms.mufg.com/Initial_Offer/public-issues.html

Priority Jewels IPO FAQs

What is Priority Jewels IPO?

Priority Jewels IPO is a Mainboard IPO. The company is going to raise ₹[.] Crores via IPO. The issue is priced at ₹[.] to ₹[.] per equity share. The IPO is to be listed on BSE & NSE.

When Priority Jewels IPO will open for subscription?

The IPO is to open on 2025 for QIB, NII, and Retail Investors. The IPO will close on 2025.

What is Priority Jewels IPO Investors Portion?

The investors’ portion for QIB is 50%, NII is 15%, and Retail is 35%.

How to Apply the Priority Jewels IPO?

You can apply for Priority Jewels IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.

What is Priority Jewels IPO Issue Size?

Priority Jewels IPO issue size is ₹[.] crores.

What is Priority Jewels IPO Price Band?

Priority Jewels IPO Price Band is ₹[.] to ₹[.].

What is Priority Jewels IPO Lot Size?

The minimum bid is [.] Shares with ₹[.] amount.

What is the Priority Jewels IPO Allotment Date?

Priority Jewels IPO allotment date is 2025.

What is the Priority Jewels IPO Listing Date?

Priority Jewels IPO listing date is 2025. The IPO is to list on BSE & NSE.

Note: The Priority Jewels IPO price band and date are officially announced. The (Priority Jewels IPO grey market premium) will be added to the IPO GMP page as it will start).

Disclaimer: This content is provided strictly for educational and informational purposes. The securities or investments mentioned are not to be considered as investment advice or recommendations. The Investors are advised to do their own research or connect with a financial advisor before making any investment decisions.