Priority Jewels Ltd.
IPOIssue Details
Issue Size
₹91.5 Cr
Fresh Issue
– Cr
OFS
– Cr
Price Band
₹190 – ₹200
Lot Size
75
₹15,000
Face Value
₹10
Important Dates
Open Date
28 Aug 2026
Close Date
01 Sept 2026
Allotment
02 Sept 2026
Refund
03 Sept 2026
Listing
04 Sept 2026
About Company
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 December 31, 2024, it has served over 200 customers, including 159 independent jewellers and 35 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
Objects of the Issue
| # | Description | Amount (₹ Cr) |
|---|---|---|
| 1 | Repayment / pre-payment, in full or in part, of certain borrowings availed by Company | ₹75 |
| 2 | General Corporate Purposes | – |
Financial Performance
Priority Jewels Ltd. IPO Peer Comparison
The table below shows peer comparison from DRHP/RHP.
| Company | EPS Basic | EPS Diluted | NAV | P/E(x) | RoNW | Financial statements |
|---|---|---|---|---|---|---|
| Priority Jewels | 14.03 | 14.03 | 103.3 | – | 12.73 | Consolidated |
| Khazanchi Jewellers Ltd | 36.1 | 36.1 | 129.13 | 22.24 | 27.98 | Consolidated |
| Rbz Jewellers Ltd | 13.7 | 13.7 | 74.96 | 10.08 | 18.28 | Consolidated |
| Ashapuri Gold Ornament | 0.56 | 0.56 | 5 | 7.02 | 11.13 | Consolidated |
Priority Jewels Ltd. - Documents & Links
Registrar
Company contact
Priority Jewels Ltd.
Address: Plot No. 121, Street No.15/18 MIDC, Andheri (East), Mumbai, Maharashtra
cs@priorityindia.comhttps://www.priorityjewels.in/