
Diamond & Jewellery · Listed on BSE , NSE · 28 Aug 2026 - 01 Sept 2026
Jagat JoshiPriority 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 and 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, located in Mumbai, span 19,008 sq ft. and 6,821 sq. ft. and are equipped with advanced casting, 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 Priority Jewels.
| Date & Time | GMP (₹) | Est. Listing Price | Est. Gain (%) | Est. Profit / Lot (₹) |
|---|---|---|---|---|
| 04-Sep-2026 12:00 AM | +₹28 | ₹228 | +14.00% | ₹2,100 |
| 03-Sep-2026 12:00 AM | +₹31 | ₹231 | +15.50% | ₹2,325 |
| 02-Sep-2026 12:00 AM | +₹31 | ₹231 | +15.50% | ₹2,325 |
| 01-Sep-2026 12:00 AM | +₹40 | ₹240 | +20.00% | ₹3,000 |
| 31-Aug-2026 12:00 AM | +₹45 | ₹245 | +22.50% | ₹3,375 |
| 29-Aug-2026 12:00 AM | +₹45 | ₹245 | +22.50% | ₹3,375 |
| 28-Aug-2026 12:00 AM | +₹37 | ₹237 | +18.50% | ₹2,775 |
| 27-Aug-2026 12:00 AM | +₹20 | ₹220 | +10.00% | ₹1,500 |
| 26-Aug-2026 12:00 AM | +₹30 | ₹230 | +15.00% | ₹2,250 |
| 25-Aug-2026 12:00 AM | +₹28 | ₹228 | +14.00% | ₹2,100 |
| 24-Aug-2026 12:00 AM | +₹15 | ₹215 | +7.50% | ₹1,125 |
| Category | Subscription (x) | Shares Offered | Shares bid for | Total Amount (₹ Cr) |
|---|---|---|---|---|
| QIB (Ex. Anchor) | 39.87x | 9,15,000 | 3,64,80,225 | ₹729.60 Cr |
| NII | 166.49x | 6,86,250 | 11,42,56,350 | ₹2,285.13 Cr |
| bNII > ₹10L | 152.22x | 4,57,500 | 6,96,40,125 | ₹1,392.80 Cr |
| sNII < ₹10L | 195.04x | 2,28,750 | 4,46,16,225 | ₹892.32 Cr |
| Retail | 106.76x | 16,01,250 | 17,09,54,700 | ₹3,419.09 Cr |
| Total | 100.45x | 32,02,500 | 32,16,91,275 | ₹6,433.83 Cr |
| Period Ended | 30 JUN 2026 | 31 MAR 2026 | 31 MAR 2025 | 31 MAR 2024 |
|---|---|---|---|---|
| Total Income | 147.40 | 539.03 | 435.87 | 410.61 |
| Profit After Tax | 6.48 | 17.65 | 10.51 | 7.15 |
| EBITDA | 10.29 | 33.62 | 24.28 | 19.35 |
| NET Worth | 145.66 | 138.61 | 104.89 | 94.78 |
| Reserves and Surplus | 132.36 | 125.26 | 92.29 | 91.63 |
| Total Borrowing | 110.49 | 102.59 | 145.85 | 124.96 |
| Company Name | EPS (₹) | P/E (x) | NAV (₹) | RoNW (%) | Income (₹ Cr) |
|---|---|---|---|---|---|
| Ashapuri Gold Ornament Ltd. | 0.56 | 7.02 | 5.00 | 11.13 | 317.21 |
| RBZ Jewellers Ltd. | 13.70 | 10.08 | 74.96 | 18.28 | 636.48 |
| Khazanchi Jewellers Ltd | 36.10 | 22.24 | 129.13 | 27.98 | 2,049.22 |
Shailesh Sangani, Manisha Shailesh Sangani, Tushar Mehta, Aditi Karan Motla, Aashna Sangani Parikh and Priority Retail Ventures Pvt.Ltd.. is the company's promoter of Priority Jewels.
| Particular | Pre IPO | Post IPO |
|---|---|---|
| Promoter and Promoter Group | 93.85% | 70.00% |
| Others* | 6.15% | 30.00% |
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