- Issue price
- ₹200per share
- Issue size
- ₹91.5 Cr45,75,000 shares
- Face value
- ₹10per equity share
- Lot size
- 75 sharesMin. ₹15,000 at the upper price
- Anchor biddingThu, 2026
- OpensFri, 2026
- ClosesTue, 2026
- AllotmentWed, 2026Refunds same day
- ListingFri, 2026
Dates marked in the offer document as tentative. Times in IST.
Information only, not investment advice. This page provides information compiled from official offer documents for information purposes only. It is not investment advice or a recommendation to apply for, buy or sell any security. We are not a SEBI-registered investment adviser or research analyst. Investments in IPOs are subject to market risks; read the offer document carefully before investing.
Issue details
- Issue type
- Book built, fresh issue
- Fresh issue
- 45,75,000 shares (₹91.5 Cr)
- Offer for sale
- None
- Total issue
- 45,75,000 shares (₹91.5 Cr)
- Face value
- ₹10
- Listing at
- BSE, NSE
Source: ProspectusUpdated
Reservation
Share of the total issue- Retail43.8%
- Anchor37.5%
- Big NII12.5%
- Small NII6.3%
| Category | Shares | Of net offer | Stated in RHP |
|---|---|---|---|
| Retail individual investors | 16,01,250 | 43.75% | 35% |
| Non-institutional investors (NII) | 6,86,250 | 18.75% | 15% |
| Small NII (₹2–10 lakh) | 2,28,750 | 6.25% | — |
| Big NII (above ₹10 lakh) | 4,57,500 | 12.50% | — |
| Qualified institutional buyers (QIB) | 22,87,500 | 62.50% | 50% |
| Anchor investors | 13,72,500 | 37.50% | — |
Source: ProspectusUpdated
Lot size
Amounts at ₹200 per share| Category | Lots | Shares | Amount |
|---|---|---|---|
| Retail individual investors | 1 | 75 | ₹15,000 |
Source: ProspectusUpdated
Subscription
Category-wise subscription is published by the exchanges while the issue is open. It appears here once the figures are added.
Valuation
Fiscal 2026- EPS (basic)
- ₹14.03
- EPS (diluted)
- ₹14.03
- P/E (Fiscal 2026 at Floor Price)
- 13.54×
- P/E (Fiscal 2026 at Cap Price)
- 14.26×
- RoNW
- 12.73%
- ROCE
- 25.36%
- NAV per share (As at June 30, 2026)
- ₹108.59
- NAV per share (After the Issue at Issue Price)
- ₹131.83
- EBITDA margin
- 6.24%
- PAT margin
- 3.27%
- Debt to equity
- 0.74
Source: ProspectusUpdated
Financials
Consolidated, restated · ₹ crore| Period ended | 30 Jun 20263 months | 31 Mar 2026FY 2025-26 | 31 Mar 2025FY 2024-25 | 31 Mar 2024FY 2023-24 |
|---|---|---|---|---|
| Revenue from operations | 146.73 | 538.95 | 435.50 | 410.51 |
| Total income | 147.40 | 539.03 | 435.87 | 410.61 |
| EBITDA | 10.29 | 33.62 | 24.28 | 19.35 |
| Profit after tax | 6.48 | 17.65 | 10.51 | 7.15 |
| Net worth | 145.66 | 138.61 | 104.89 | 94.78 |
| Reserves and surplus | 132.36 | 125.26 | 92.29 | 91.63 |
| Total assets | 310.61 | 291.95 | 309.14 | 268.99 |
FY 2025-26 vs FY 2024-25: revenue +23.8%, profit after tax +67.9%. Periods shorter than 12 months are shown as reported and are not annualised.
Source: ProspectusUpdated
About the company
The company designs, manufactures and sells light-weight, affordable diamond-studded gold and platinum fine jewellery. It sells mainly to independent jewellers and jewellery chains in India and also exports to select international markets. It runs two manufacturing units in Mumbai and has an in-house design team.
- Incorporated
- 2007
- Industry
- Gems and Jewellery
- CIN
- U52393MH2007PLC174977
- Website
- priorityjewels.in
Source: ProspectusUpdated
Promoters and shareholders
| Name | Before issue | After issue |
|---|---|---|
| Promoters (aggregate of six promoters) | 93.85% | — |
Source: ProspectusUpdated
Objects of the issue
₹ crore| Purpose | Amount |
|---|---|
| Repayment or prepayment of certain working capital borrowings | 75.00 |
| General corporate purposes | 18.85 |
Source: ProspectusUpdated
Peer comparison
As listed in the offer document| Company | EPS | P/E | RoNW | NAV per share |
|---|---|---|---|---|
| Priority Jewels LimitedIssuer | ₹14.03 | — | 12.73% | ₹103.3 |
| Khazanchi Jewellers Ltd | ₹36.1 | 22.24× | 27.98% | ₹129.13 |
| RBZ Jewellers Ltd | ₹13.7 | 10.08× | 18.28% | ₹74.96 |
| Ashapuri Gold Ornament Ltd | ₹0.56 | 7.02× | 11.13% | ₹5 |
Source: ProspectusUpdated
Strengths and risks
Our summary of what the offer document statesStrengths
- Broad range of daily-wear and occasion jewellery, supported by in-house design capability.
- Integrated manufacturing in Mumbai with advanced casting and CAD/CAM and 3D printing.
- Long-standing relationships with jewellery chains and independent jewellers in India.
- Export sales to several countries, mainly to overseas stores of Indian jewellery chains.
- Promoters with long experience in the gems and jewellery industry.
Risks
- A large share of revenue comes from a small number of customers, with top ten customers at 53.19% of revenue in the quarter ended June 30, 2026.
- Raw material costs are high relative to expenses and are sourced on a spot basis without long-term supply contracts.
- Fluctuations in gold and diamond prices and supply disruptions could affect margins and production.
- Most of the Net Proceeds are planned for repaying working capital borrowings, and management has broad discretion over use of proceeds.
- Shares were issued in the Pre-IPO Placement at ₹190, which is below the Issue Price.
Source: ProspectusUpdated
Documents
Contacts
Source: ProspectusUpdated
Allotment status
Check whether shares were allotted on the official pages below, using your PAN, application number or DP/client ID. Results appear once the basis of allotment is finalised.
- Allotment
- Refunds
- Demat credit
- Listing
Source: ProspectusUpdated
After listing
Listing price, day-one high and low, and the change from the issue price (₹200) appear here after the shares list on BSE and NSE.
Work out the gain or loss on allotted shares after charges and tax →
Frequently asked questions
When does the Priority Jewels IPO open and close?
According to the Prospectus, the issue opens on Friday, 28 August 2026 and closes on Tuesday, 1 September 2026.
What is the Priority Jewels IPO price band?
The final issue price is ₹200 per share.
What is the lot size of the Priority Jewels IPO?
One lot is 75 shares, which is ₹15,000 at ₹200 per share.
Where will Priority Jewels shares list?
On BSE and NSE. The tentative listing date is Friday, 4 September 2026.
Who is the registrar of the issue?
MUFG Intime India Private Limited (SEBI registration INR000004058). Allotment status is checked on the registrar's website.
How do I check the Priority Jewels IPO allotment status?
The basis of allotment is expected to be finalised on Wednesday, 2 September 2026. After that, search by PAN, application number or DP/client ID on the registrar's website (MUFG Intime India Private Limited), the BSE website or the NSE website. Shares that are allotted are credited to your demat account; for an application that is not allotted, the blocked amount is released.
How will the money raised be used?
₹75 Cr for repayment or prepayment of certain working capital borrowings, ₹18.85 Cr for general corporate purposes.
Related IPOs
Spotted something wrong?
Our data comes from official offer documents, but mistakes can slip through. Report an error and tell us which figure looks wrong and where you saw the correct one (the offer-document page number helps). For anything else, see Contact.