Issue Price
₹200
Per Share
GMP
+₹30
+15% Grey Market
Est. Listing
₹230
Expected Price
Min. Application
₹30,000
2 lots × 75 shares
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 StrengthsDiversified product portfolio with strong design capabilitiesIntegrated manufacturing facility in MumbaiExperienced promoters and leadersLongstanding relationship with customersStrong market presence across domestic and international markets
Priority Jewels Ltd proposes to utilise the net proceeds from the Issue for the following objects:
| Category | Shares Offered | % Issue | Amount (₹ Cr)* | Subscription |
|---|---|---|---|---|
| QIB (Ex Anchor) | 915,000 | — | ₹18.30 Cr | 39.87x |
| NII / HNI | 686,250 | — | ₹13.73 Cr | 166.49x |
| Retail (RII) | 1,601,250 | — | ₹32.03 Cr | 106.76x |
| TOTAL | 3,202,500 | 100.00% | ₹64.05 Cr | 100.45x |
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 75 | ₹15,000 |
| Retail (Max) | 13 | 975 | ₹195,000 |
| sNII (Min) | 14 | 1,050 | ₹210,000 |
| bNII (Min) | 68 | 5,100 | ₹1,020,000 |
| Particulars | 30 Jun 2026 | 31 Mar 2026 | 31 Mar 2025 |
|---|---|---|---|
| Revenue from Operations | 147.40 | 539.03 | 435.87 |
| EBITDA | 10.29 | 33.62 | 24.28 |
| Profit After Tax (PAT) | 6.48 | 17.65 | 10.51 |
| Net Worth | 145.66 | 138.61 | 104.89 |
| Total Assets | 310.61 | 291.95 | 309.14 |
| Reserves & Surplus | 132.36 | 125.26 | 92.29 |
| Total Borrowings | 110.49 | 102.59 | 145.85 |