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Priority Jewels Ltd IPO

Listed Mainboard BSE, NSE Bookbuilding IPO
Min Investment
₹15,000
75 shares · 1 lot

Priority Jewels Ltd IPO was priced at ₹190–₹200 per share with an issue size of ₹92 crore. The IPO opened on Aug 28, 2026 and closed on Sep 01, 2026, with a lot size of 75 shares and a minimum investment of ₹15,000.

Open
28 Aug
Close
01 Sep
Allotment
02 Sep
Refund
03 Sep
Listing
04 Sep

Market Sentiment

Grey Market Premium

Full history →
+₹23.00 +11.5%
Est. listing: ₹223
Updated 02 Sep 2026
GMP is an informal, unregulated grey-market figure. It is not a guaranteed listing price and can move sharply during the bidding window.

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IPO Details

Price Band ₹190.00 - ₹200.00 per share
Lot Size75 shares
Min Investment₹15,000
Total Issue Size ₹92.00 crore
Shares Offered45,75,000
Issue Structure Fresh Issue
Issue TypeBookbuilding IPO
Lead Manager(s)Mefcom Capital Markets Ltd.
RegistrarMUFG Intime India Pvt.Ltd.
Listing AtBSE, NSE

Quick Profit Calculator

Issue price ₹200 · lot size 75 shares · estimated listing price ₹223 (GMP +₹23)

Category Lots Shares Investment Value at listing Profit
Retail (Min) 1 75 ₹15,000 ₹16,725 +₹1,725
Retail (Max) 13 975 ₹1,95,000 ₹2,17,425 +₹22,425
S-HNI (Min) 14 1,050 ₹2,10,000 ₹2,34,150 +₹24,150
S-HNI (UPI limit) 33 2,475 ₹4,95,000 ₹5,51,925 +₹56,925
S-HNI (Max) 66 4,950 ₹9,90,000 ₹11,03,850 +₹1,13,850
B-HNI (Min) 67 5,025 ₹10,05,000 ₹11,20,575 +₹1,15,575
Estimated from the grey market premium, an informal and unregulated figure that moves sharply and frequently differs from the eventual listing price. Not a forecast. Assumes full allotment, which is rarely guaranteed when an issue is oversubscribed.

Financial Analysis

EPS
₹13.15
P/E (Post)
13.9 x
RoNW
4.44%
RoCE
6.92%
Net Worth
₹145.66 Cr
MetricLatest Reported
Total Income₹147.40 Cr
Profit After Tax₹6.48 Cr
Net Worth₹145.66 Cr

Promoters & Holding

Promoters: Shailesh Sangani, Manisha Shailesh Sangani, Tushar Mehta, Aditi Karan Motla, Aashna Sangani Parikh and Priority Retail Ventures Pvt.Ltd.

Promoter Holding (Pre-Issue)13425000%
Promoter Holding (Post-Issue)18000000%

Strengths & Risks

Strengths

  • Diversified product portfolio with strong design capabilities
  • Integrated manufacturing facility in Mumbai
  • Experienced promoters and leaders
  • Longstanding relationship with customers
  • Strong market presence across domestic and international markets

Risks & Concerns

  • Dependence on a limited number of customers for a significant portion of revenue
  • Fluctuations in gold and diamond prices
  • Intense competition in the jewellery industry
  • Regulatory changes affecting the jewellery sector
Summarised from the company's own DRHP/RHP disclosures. Informational only, not investment advice — always read the full prospectus before applying.

Company Information

Priority Jewels designs, manufactures, and sells diamond-studded gold and platinum fine jewellery. It offers a variety of daily wear jewellery products, like rings, earrings, pendants, neckware, bracelets, and occasion couture jewellery.

Founded2007
HeadquartersMumbai, Maharashtra
IndustryJewellery
Websitehttps://www.priorityjewels.in/

Objects of the Issue

  • Repayment / pre-payment, in full or in part, of certain borrowings availed by Company
  • General Corporate Purposes

Registrar & Allotment

RegistrarMUFG Intime India Pvt.Ltd.
Phone022-49186000
Email[email protected]

Resources & Documents

Frequently Asked Questions

11 answers about Priority Jewels Ltd IPO — dates, pricing, allotment and listing.

Priority Jewels Ltd IPO is a bookbuilding ipo of ₹92 crore. The issue was priced at ₹190–₹200 per share, with a lot size of 75 shares. Bidding ran from Fri, 28 Aug 2026 to Tue, 01 Sep 2026, with shares listed on BSE and NSE.

The price band was ₹190–₹200 per share.

One lot was 75 shares. Bids had to be placed in multiples of 75.

A retail investor needed at least ₹15,000 – one lot of 75 shares at ₹200, the upper end of the price band.

Priority Jewels Ltd IPO opened on Fri, 28 Aug 2026 and closed on Tue, 01 Sep 2026.

Allotment was finalised on Wed, 02 Sep 2026.

Priority Jewels Ltd shares were listed on Fri, 04 Sep 2026 on BSE and NSE.

The company intended to use the net proceeds towards repayment / pre-payment, in full or in part, of certain borrowings availed by company and general corporate purposes.

Mefcom Capital Markets Ltd. is the book running lead manager. MUFG Intime India Pvt.Ltd is the registrar to the issue.

Category-wise demand from retail, NII and QIB bidders is on the Priority Jewels Ltd IPO subscription page, and on the BSE and NSE websites.

From Wed, 02 Sep 2026, check the Priority Jewels Ltd IPO allotment status using your PAN, application number or DP ID – also available on the registrar's website.