Priority Jewels Limited IPO Price: ₹190 to ₹200 per share
IPO Dates: 28 Aug to 1 sept, 2026
Company Overview
Incorporated in 2007, Priority Jewels designs, manufactures, and sells diamond-studded gold and platinum fine jewellery.
The company offers a variety of daily wear jewellery products, including rings, earrings, pendants, neckware, bracelets, and occasion couture jewellery.
Business Operations
The company designs, manufactures, and sells diamond-studded gold and platinum fine jewellery.
Product Portfolio
The company offers daily wear jewellery products such as rings, earrings, pendants, neckware, and bracelets, along with occasion couture jewellery.
Customer Base
The company sells its products to independent jewellers and jewellery chains in India and globally.
Its customers include CaratLane Trading Pvt Ltd, Kalyan Jewellers, Reliance Retail, Malabar Gold & Diamonds, Tribhovandas Bhimji Zaveri Ltd, and Senco Gold Ltd.
As of June 30, 2026, the company had served over 200 customers, including 125 independent jewellers and 53 jewellery chains.
Market Presence
The company has a strong market presence across 21 states and 3 union territories.
The company also exports its products to 13 countries, including the United States of America, UAE, Hong Kong, and Norway.
Manufacturing Facilities
The company has two jewellery manufacturing facilities in Mumbai spread across 19,008.79 square feet.
Competitive Strengths
- Diversified product portfolio with strong design capabilities.
- Integrated manufacturing facility in Mumbai.
- Experienced promoters and leaders.
- Longstanding relationships with customers.
- Strong market presence across domestic and international markets.
Bidding Starts In
Priority Jewels Limited IPO Specifics:
| IPO Date | 28 Aug to 1 Sep, 2026 |
| Listing Date | Fri, Sep 4, 2026 |
| Face Value | ₹10 per share |
| Price Band | ₹190 to ₹200 |
| Lot Size | 75 Shares |
| Sale Type | Fresh capital only |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Total Issue Size |
45,75,000 shares (agg. up to ₹92 Cr) |
| Fresh Issue |
45,75,000 shares (agg. up to ₹92 Cr) |
| Share Holding Pre Issue | 1,34,25,000 shares |
| Share Holding Post Issue | 1,80,00,000 shares |
Priority Jewels Limited IPO Timetable (Important Dates)
| Event | Date |
|---|---|
| IPO Open | Fri, Aug 28, 2026 |
| IPO Close | Tue, Sep 1, 2026 |
| Allotment | Wed, Sep 2, 2026 |
| Refund | Thu, Sep 3, 2026 |
| Credit of Shares | Thu, Sep 3, 2026 |
| Listing | Fri, Sep 4, 2026 |
Priority Jewels Limited IPO Lot Size
Bidders have the opportunity to bid for a minimum of 75 shares, with the option to increase in multiples. The table below outlines the minimum and maximum investment thresholds for both retail investors and High Net Worth Individuals (HNIs), specifying the corresponding number of shares and amounts involved.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 75 | ₹15,000 |
| Retail (Max) | 13 | 975 | ₹1,95,000 |
| S-HNI (Min) | 14 | 1,050 | ₹2,10,000 |
| S-HNI (Max) | 66 | 4,950 | ₹9,90,000 |
| B-HNI (Min) | 67 | 5,025 | ₹10,05,000 |
Priority Jewels Limited IPO Reservation
| Investor Category | Shares |
|---|---|
| QIB | Not more than 50% of the Offer |
| Retail | Not less than 35% of the Offer |
| NII | Not less than 15% of the Offer |
Priority Jewels Limited IPO Financial Information
| Particulars (₹ Cr) | 30 Jun 2026 | 31 Mar 2026 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|---|
| Assets | 310.61 | 291.95 | 309.14 | 268.99 |
| 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 & Surplus | 132.36 | 125.26 | 92.29 | 91.63 |
| Total Borrowing | 110.49 | 102.59 | 145.85 | 124.96 |
Key Performance Indicator- Priority Jewels Limited IPO
| KPI | Jun 30, 2026 | Mar 31, 2026 |
|---|---|---|
| ROE | 4.55% | 14.49% |
| ROCE | 6.92% | 25.36% |
| Debt/Equity | 0.76 | 0.74 |
| RoNW | 4.44% | 12.73% |
| PAT Margin | 4.39% | 3.27% |
| EBITDA Margin | 7.01% | 6.24% |
| NAV | 108.59 | 103.30 |
| Price to Book Value | – | 1.94 |
| Valuation Metric | Pre IPO | Post IPO |
|---|---|---|
| EPS (₹) | 13.15 | 14.39 |
| P/E (x) | 15.21 | 13.9 |
| Market Cap at Offer Price | ₹269Cr. | ₹360.00 Cr |
Prospectus Links:
Prospectus: Official documents that provide detailed information about the IPO and the company.
Priority Jewels Limited IPO RHP
Kaashika is a social media strategist and financial content creator at Lakshmishree. She specialises in simplifying complex IPO and stock market concepts into clear, easy-to-understand content. Having created over 500+ pieces of financial content across reels, blogs, website posts and digital creatives, Kaashika helps audiences connect with the world of finance in a more accessible and engaging way.
