Priority Jewels Ltd IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| QIB | 39.87x | 915,000 | 36,480,225 | ₹18 Cr |
| NII (HNI) | 🔥 166.49x | 686,250 | 114,256,350 | ₹14 Cr |
| Retail | 🔥 106.76x | 1,601,250 | 170,954,700 | ₹32 Cr |
| Σ Total | 🔥 100.45x | 3,202,500 | 321,691,275 | ₹64 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 75 | ₹15,000 |
| Retail (Max) | 13 | 975 | ₹195,000 |
| S-HNI (Min) | 14 | 1,050 | ₹210,000 |
| B-HNI (Min) | 67 | 5,025 | ₹1,005,000 |
Financial Statements Amount in ₹ Crore
| Metric | 30 Jun 2026 | 31 Mar 2026 | 31 Mar 2025 |
|---|---|---|---|
| Revenue | 147 | 539 | 436 |
| EBITDA | 10 | 34 | 24 |
| Profit After Tax | 6 | 18 | 11 |
| Net Worth | 146 | 139 | 105 |
| Total Assets | 311 | 292 | 309 |
| Reserves & Surplus | 132 | 125 | 92 |
| Total Borrowing | 110 | 103 | 146 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- Repayment / pre-payment, in full or in part, of certain borrowings availed by Company – 75.00
- General Corporate Purposes –
Company Overview
Incorporated in 2007, 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.
The company sells products to independent jewellers and jewellery chains in India and globally, like CaratLane Trading Pvt Ltd, Kalyan Jewellers, Reliance Retail, Malabar Gold & Diamonds, Thribhovandas Bhimji Zaveri Ltd, and Senco Gold Ltd.
As of June 30, 2026, it has served over 200 customers, including 125 independent jewellers and 53 jewellery chains. The company has a strong market presence across 21 states and 3 union territories, and exports products to 13 countries, including the United States of America, UAE, Hong Kong, and Norway.
It has two jewellery manufacturing facilities in Mumbai 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 relationship with customers
- Strong market presence across domestic and international markets