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 |
| Retail Quota: | Not more than 35% |
| QIB Quota: | Not more than 50% |
| NII Quota: | Not more than 15% |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
| Anchor Investors List: | Click Here |
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.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | – | ₹- |
| Retail Maximum | 13 | – | ₹- |
| S-HNI Minimum | 14 | – | ₹- |
| B-HNI Minimum | 68 | – | ₹- |
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 |
Promoters of Priority Jewels IPO
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.
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
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.
Amount ₹ in Crores
| Period Ended | Revenue | Expense | Profit After Tax | Assets |
| 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.
| KPI | Values |
| 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
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
| Khazanchi Jewellers Ltd | 11.04 | 50.09 | 14.55% | 75.87 | 820.78 Cr. |
| RBZ Jewellers Ltd. | 8.23 | 16.82 | 14.38% | 51.87 | 327.43 Cr. |
| Ashapuri Gold Ornament Ltd. | 0.40 | 17.83 | 11.65% | 3.60 | 165.07 Cr. |
| Shringar House of Mangalsutra Ltd. | 4.39 | NA | 25.65% | 154.34 | 1101.52 Cr. |
Objects of the Issue
- Repayment/pre-payment, in full or in part, of certain borrowings availed by our Company; and
- General corporate purposes.
Priority Jewels IPO Review
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Priority Jewels 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
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
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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).
