Priority Jewels IPO Details
Priority Jewels IPO Review & Key Points
- Review: May Apply
Priority Jewels IPO Market Lot
The Priority Jewels IPO minimum market lot is 75 shares with ā¹15,000 application amount. The retail investors can apply up-to 13 lots with 975 shares of ā¹195,000 amount.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 75 | ā¹15,000 |
| Retail Maximum | 13 | 975 | ā¹195,000 |
| S-HNI Minimum | 14 | 1,050 | ā¹210,000 |
| S-HNI Maximum | 66 | 4,950 | ā¹990,000 |
| B-HNI Minimum | 67 | 5,025 | ā¹1,005,000 |
IPO Reservation
| Investor Category | -% Shares |
| QIB (Ex. Anchor) | 50% |
| NII Shares Offered | 15% |
| Retail Shares Offered | 35% |
Priority Jewels IPO Anchor Investors
Priority Jewels IPO Dates
The Priority Jewels IPO date is August 28 and the close date is September 1. The Priority Jewels IPO allotment will be finalized on September 2 and the IPO listing on September 4.
| IPO Open Date: | August 28, 2026 |
| IPO Close Date: | September 1, 2026 |
| Basis of Allotment: | September 2, 2026 |
| Refunds: | September 3, 2026 |
| Credit to Demat Account: | September 3, 2026 |
| IPO Listing Date: | September 4, 2026 |
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.
| Particular | Pre IPO Shares | Pre IPO % Shares | Post IPO Shares | Post IPO % Shares |
| Promoter and Promoter Group | 1,26,00,000 | 93.85% | – | -% |
| Others* | 8,25,000 | 6.15% | – | -% |
| Total | 1,34,25,000 | 100% | – | 100% |
Objects of the Issue & Utilisation of proceeds
| Purpose | Crores |
| Repayment / pre-payment, in full or in part, of certain borrowings availed by our Company | ā¹75 |
| General corporate purposes | ā¹- |
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 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.
Priority Jewels IPO Company Financial Report
Amount ā¹ in Crores
| Period Ended | Revenue | Expense | PAT | Assets |
| 2024 | ā¹410.61 | ā¹400.97 | ā¹7.15 | ā¹268.99 |
| 2025 | ā¹435.87 | ā¹420.88 | ā¹10.51 | ā¹309.14 |
| 2026 | ā¹539.03 | ā¹515.55 | ā¹17.65 | ā¹291.95 |
| June 2026 | ā¹147.40 | ā¹138.86 | ā¹6.48 | ā¹310.61 |
Priority Jewels IPO Valuation – FY2026
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: | 4.55% |
| ROCE: | 6.92% |
| EBITDA Margin: | 7.01% |
| PAT Margin: | 4.39% |
| Debt to equity ratio: | 0.76 |
| Earning Per Share (EPS): | ā¹14.03 (Basic) |
| Price/Earning P/E Ratio: | N/A |
| Return on Net Worth (RoNW): | 12.73% |
| Net Asset Value (NAV): | ā¹103.30 |
Peer Group Comparison
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
| Khazanchi Jewellers Ltd | 36.10 | 22.24 | 27.98% | 129.13 | 2049.22 Cr. |
| RBZ Jewellers Ltd. | 13.70 | 10.08 | 18.28% | 74.96 | 636.48 Cr. |
| Ashapuri Gold Ornament Ltd. | 0.56 | 7.02 | 11.13% | 5.00 | 317.21 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: cs@priorityindia.com
Website: www.priorityjewels.in
IPO Registrar
MUFG Intime India Private Limited
Phone: +91 81081 14949
E-mail: priorityjewels.ipo@in.mpms.mufg.com
Website: https://in.mpms.mufg.com/Initial_Offer/public-issues.html
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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).