Priority Jewels IPO
Priority Jewels IPO Details
-
Open Date
28 Aug 2026
-
Close Date
01 Sep 2026
- IPO Price Range
₹ 190 to ₹200
- IPO Size
₹ 91.50 Cr
Priority Jewels IPO Timeline
Last Updated: 26 August 2026 3:29 PM by 5paisa
Priority Jewels designs, manufactures and sells diamond-studded gold and platinum fine jewellery, offering daily wear and occasion pieces. The company serves independent jewellers and leading jewellery chains across India and international markets. As of June 2026, it had served over 200 customers, with a presence across 21 states, three union territories and 13 countries. Its operations are supported by two manufacturing facilities in Mumbai spanning 19,008.79 square feet.
Established in: 2007
Managing Director: Shailesh Sangani
Peers :
| Metric | Priority Jewels Limited | Khazanchi Jewellers Ltd. | RBZ Jewellers Ltd. |
|---|---|---|---|
| Total Revenue | 538.95 | 2049.22 | 636.48 |
| Face Value | 10 | 10 | 10 |
| Closing Price as on August 21, 2026 (₹) | NA | 802.85 | 138.09 |
| P/E | NA | 22.24 | 10.08 |
| EPS (Basic & Diluted) | 14.03 | 36.10 | 13.70 |
| RoNW (%) | 12.73 | 27.98 | 18.28 |
| NAV | 103.30 | 129.13 | 74.96 |
Priority Jewels Objectives
1. Repayment / pre-payment, in full or in part, of certain borrowings availed by Company
2. General Corporate Purposes
Priority Jewels IPO Size
| Types | Size |
|---|---|
| Total IPO Size | ₹91.50 Cr |
| Offer For Sale | - |
| Fresh Issue | ₹91.50 Cr |
Priority Jewels IPO Lot Size
| Application | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 75 | 14,250 |
| Retail (Max) | 13 | 975 | 1,95,000 |
| S-HNI (Min) | 14 | 1,050 | 1,99,500 |
| S - HNI (Max) | 66 | 4,950 | 9,90,000 |
| B - HNI (Min) | 67 | 5,025 | 9,54,750 |
| Particulars (In ₹ Crores) | FY24 | FY25 | FY26 |
| Revenue | 410.51 | 435.50 | 538.95 |
| EBITDA | 19.35 | 24.28 | 33.62 |
| PAT | 7.15 | 10.51 | 17.65 |
| Particulars (In ₹ Crores) | FY24 | FY25 | FY26 |
| Total Assets | 268.99 | 309.14 | 291.95 |
| Share Capital | 3.15 | 12.60 | 13.43 |
| Total Liabilities | 268.99 | 309.14 | 291.95 |
| Cash Flows (₹ Crores) | FY24 | FY25 | FY26 |
| Net Cash Generated From / (used in) Operating Activities | -1.82 | 2.51 | 17.69 |
| Net Cash Generated From / (used in) Investing Activities | 4.60 | -18.72 | 17.59 |
| Net Cash Generated From / (used in) Financing Activities | -12.37 | 13.30 | -34.93 |
| Net Increase (Decrease) in Cash and Cash Equivalents | -9.59 | -2.91 | 0.35 |
Strengths
1. Diverse portfolio across gold and platinum jewellery
2. Established relationships with leading Indian jewellery chains
3. Wide presence across domestic and international markets
4. Two manufacturing facilities supporting jewellery production capabilities
Weaknesses
1. Manufacturing operations concentrated entirely within Mumbai facilities
2. Business dependent on jewellery sector demand cycles
3. Exposure to fluctuations in precious metal prices
4. Limited manufacturing footprint may restrict operational diversification
Opportunities
1. Growing demand for branded fine jewellery products
2. Expansion potential across existing international export markets
3. Rising preference for diamond-studded daily wear jewellery
4. Scope to deepen relationships with jewellery chains
Threats
1. Intense competition within organised jewellery manufacturing sector
2. Volatility in gold, platinum and diamond prices
3. Changing consumer preferences may affect product demand
4. Economic slowdowns could impact discretionary jewellery spending
1. Established relationships with prominent Indian jewellery retail chains
2. Diversified presence across domestic and international jewellery markets
3. Broad portfolio spanning daily wear and couture jewellery
4. Manufacturing capabilities support diverse fine jewellery product offerings
Priority Jewels operates within India’s evolving fine jewellery market, supported by demand for diamond-studded gold and platinum products. Its presence across domestic and international markets provides opportunities to broaden customer reach. Relationships with independent jewellers and established jewellery chains support its distribution network. With manufacturing capabilities in Mumbai and exports spanning 13 countries, the company has potential to expand its geographical presence, customer base and product portfolio over time.
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FAQs
Priority Jewels IPO opens from August 28, 2026 to September 1, 2026.
The size of Priority Jewels IPO is approximately ₹ 91.50 crore.
The price band of Priority Jewels IPO is fixed at ₹190 to ₹200 per share.
To apply for Priority Jewels IPO, follow the steps given below:
● Login to your 5paisa demat account and select the issue in the current IPO section
● Enter the number of lots and the price at which you wish to apply for the Priority Jewels IPO.
● Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange.
You will receive a mandate notification to block funds in your UPI app.
The minimum lot size is 75 shares, requiring an investment of approximately ₹ 14,250.
The share allotment date of Priority Jewels IPO is September 2, 2026.
The Priority Jewels IPO will likely be listed on September 4, 2026.
Mefcom Capital Markets Ltd is the book-running lead manager.
1. Repayment / pre-payment, in full or in part, of certain borrowings availed by Company
2. General Corporate Purposes