PRIORITY JEWELS LIMITED
₹ 190 - ₹ 200
28-Aug-2026 - 01-Sep-2026
₹ 15000.00

/ 75 Shares

PRIORITY JEWELS LIMITED

28-Aug-2026 - 01-Sep-2026

₹ 190 - ₹ 200

Price Band

₹ 15000.00

Minimum Investment

75

Bid Lot

4,575,000

Shares

IPO Details

Fresh Issue of up to 45,75,000 Equity Shares

Category % Shares/Amount
QIB 50% 2,287,500 Shares RS. 45.75 CR
HNI 1 5% 228,750 Shares RS.4.58 CR @ 218 FORM 1X
HNI 2 10% 457,500 Shares RS.9.15 CR @ 436 FORM 1X
Retail 35% 1,601,250 Shares RS.32.03 CR @ 21350 FORM 1X

BRLMs: Mefcom Capital Markets Limited


Application Require for 1 Time

Retail (Upto 2 Lakh) HNI (2 Lakh to 10 Lakh) HNI (Above 10 Lakh)
21350 FORM 1X 218 FORM 1X 436 FORM 1X

IPO Lot Size

Category Lots Shares Amount
Retail (Upto 2 Lakh) 1 75 ₹ 15,000
Retail (Upto 2 Lakh) 13 975 ₹ 195,000
S-HNI (2 Lakh to 10 Lakh) 14 1050 ₹ 210,000
S-HNI (2 Lakh to 10 Lakh) 66 4950 ₹ 990,000
B-HNI (Above 10 Lakh) 67 5025 ₹ 1,005,000

IPO Timeline

  • Open Date

    28-Aug-2026
  • Close Date

    01-Sep-2026
  • Basis of Allotment Date

    02-Sep-2026
  • Initiation of Refunds

    03-Sep-2026
  • Credit Shares to Demat A/c

    03-Sep-2026
  • IPO Listing Date

    04-Sep-2026

About Company

  • Priority Jewels Ltd, headquartered in Mumbai, is engaged in designing, manufacturing and sale of a wide range of light-weight, affordable diamond-studded gold and platinum fine jewellery. 
  • q The company sells directly to independent jewellers and jewellery chains in India as well as select international markets. The company supplies its products to jewellery chains, including CaratLane Trading Pvt. Ltd, Kalyan Jewellers India Ltd, Reliance Retail Ltd, Malabar Gold & Diamonds FZCO, Tribhovandas Bhimji Zaveri Ltd and Senco Gold Ltd.
  • q The Company's portfolio primarily comprises lightweight, affordable daily wear jewellery, including rings, earrings, pendants, neckwear and bracelets, as well as occasion couture jewellery, developed using contemporary design approaches and modern manufacturing techniques.
  • q As of June 30, 2026, the Company had over 200 customers, predominantly in India, including 125 independent jewellers and 53 jewellery chains.
  • q The company has expanded its presence across 21 states and 3 union territories in India and exported products to 13 countries, including the United States, UAE, Hong Kong and Norway. Most exports are to overseas stores of Indian jewellery chains catering to the Indian diaspora.
  • q The Company operates two integrated jewellery manufacturing facilities in Mumbai with an aggregate area of ~25,831 square feet, equipped with advanced casting, CAD/CAM and 3D printing technologies.
  • q  The Company has an installed manufacturing capacity of approximately 700 kgs. per annum, with capacity utilisation of around 58% across the last three fiscals and the three months ended June 30, 2026.
  • q  The Company's gold jewellery is hallmarked by the Bureau of Indian Standards, while diamonds are certified by recognised independent gemmological laboratories.
  • q The Company's PAT increased from ?7.15 crore in Fiscal 2024 to ?17.65 crore in Fiscal 2026, reflecting a CAGR of 57.13%, while quantity processed and sold grew from 1,72,108 units to 2,03,860 units during the same period, registering a CAGR of 8.83%.
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Strengths

Competitive Strength 

 Business Strategies 

  • Expansion of manufacturing facilities 
  • Strengthen customer relationships 
  • Enhance product portfolio to broaden customer base and improve margins
  • Focus on growth through strategic partnerships and joint ventures
  • Capitalise on India’s economic growth and evolving consumer demand
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Company Promoters

Company Financials

Period Ended 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 and Surplus 132.36 125.26 92.29 91.63
Total Borrowing 110.49 102.59 145.85 124.96
Amount in ? Crore

Objects of the Issue

# Issue Objects Est Amt (? Cr.)
1 Repayment / pre-payment, in full or in part, of certain borrowings availed by Company 75.00
2 General Corporate Purposes  
  Total 75.00

How to Apply

Apply for IPO in few simple steps.

  • Step 01 :

    Once you create your account, Login to InvestoYard.

  • Step 02 :

    Under IPO Section, you will be able to see a list of Ongoing IPOs, where you can click on apply button.

  • Step 03 :

    Add quantity of shares to apply – Maximum 3 bids are allowed (For retail category – max amount Rs.2,00,000/-).

  • Step 04 :

    Enter your UPI ID and you will receive mandate on your UPI App.

  • Step 05 :

    Once you accept the mandate, Application is submitted successful.

  • Applying for an IPO is easier than ever with InvestoYard, in just a few clicks your application is processed. You can bid for any IPO through InvestoYard, the bidding process is simple and hassle free. Every company has a lot size decided & you can buy in multiples of the decided lot.
  • If lot size is 15, then you have to bid for multiples of 15 share like 30,45,60 and so on.
  • The maximum subscription amount for retail investors is 2 lakh.
  • Any bid can be at a desired price or cut off price given by the company.

  • Enter the number of shares you wish to buy, as per the lot size.
  • You can apply at the cut off price set by the company or bid for a desired amount within the price band.
  • Maximum three bids will be accepted.
  • You then need to enter the UPI ID on InvestoYard’s IPO application form.

  • You will immediately get a fund blocked request on your UPI for the submitted IPO application.
  • The funds will be blocked in your bank account until allotment when it is debited.
  • The limit for IPO application is Rs 2 lakh per transaction on UPI.
  • On allotment of the shares, the money will be automatically debited.
  • If the share aren’t allotted the blocked funds will reflect back into your account.

Frequently Asked Questions

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