Priority Jewels Limited IPO DRHP
Priority jewels is engaged in the design, manufacturing, and sale of lightweight, affordable, diamond-studded gold and platinum fine jewellery. Operating on a business-to-business model, it supplies to over 200 customers, including 159 independent jewellers and 35 jewellery chains across India, as of December 31, 2024. With a presence in 21 states and 3 union territories and exports to 13 countries including the USA, UAE, Hong Kong, and Norway, the company combines craftsmanship, design innovation, and precision manufacturing to deliver customized fine jewellery that meets diverse client requirements in domestic and international markets.
Priority Jewels IPO Objects
- Repayment/pre-payment, of certain borrowings availed by the Company.
- General corporate purposes.
Priority Jewels IPO Details
Price Band₹ |
Listing AtNSE & BSE |
IPO Issue Type100% Book Built Offer |
Fresh Issue(0.54 Cr Shares) |
Offer For Sale( Shares) |
Total Issue(0.54 Cr Shares) |
Face Value₹10 per equity share |
Category Allocation
| Particulars | Allocation |
|---|---|
| QIBs | Not more than 50% of Net Offer |
| Big HNIs (NII) | Not less than 10% of Net Offer |
| Small HNIs (NII) | Not less than 5% of Net Offer |
| Retail | Not less than 35% of Net Offer |
Priority Jewels IPO Financials
| Particulars | Dec-24 | Mar-24 | Mar-23 | Mar-22 |
|---|---|---|---|---|
| Revenue from Operations | 295.42 | 410.51 | 470.85 | 403.08 |
| Profit after Tax | 8.15 | 7.15 | 4.50 | 5.37 |
| Net Worth | 102.56 | 94.78 | 99.84 | 95.41 |
| Total Borrowing | 119.56 | 124.96 | 117.08 | 103.74 |
| Total Assets | 278.26 | 268.99 | 280.48 | 231.90 |
| NAV per share (in ₹) | 81.39 | 75.22 | 79.24 | 75.72 |
| EPS - Basic (in ₹) | 6.47 | 5.67 | 3.31 | 3.95 |
The financial information presented is on a consolidated basis.
Key Performance Indicators
| KPI | VALUES |
|---|---|
| EBITDA | 4.71% |
| PAT | 1.74% |
| ROE | 7.35% |
| ROCE | 17.47% |
| Debt to Equity | 1.32 |
- All the data pertains to FY 2024-25.
- PE, PB, and market capitalization are calculated based on the Upper Price Band.
Promoter Details
| Name | Shareholding |
|---|---|
| Shailesh Sangani | 36.51% |
| Manisha Sangani | 15.87% |
| Aditi Karan Motla | 15.87% |
| Aashna Sangani Parikh | 15.87% |
| PRVPL | 15.37% |
| Others | 0.51% |
| Total | 100.00% |
Management Details
| Name | Designation |
|---|---|
| Shailesh Sangani | Chairman & MD |
| Tushar Mehta | CFO |
Company Details
Name: Priority Jewels Limited
Address: Plot No. 121, Street No.15/18 MIDC, Andheri (East), Mumbai City, Mumbai 400 093, Maharashtra, India
Number: +91 22 6767 9898
Email: cs@priorityindia.com
Website: www.priorityjewels.in
RTAs
MUFG Intime India
Visit WebsiteFrequently Asked questions?
Find answers to common questions that come in your mind related to IPO.
Priority Jewels IPO is a Mainboard IPO having an issue size of Rs. ₹0.00 Crs. Priority Jewels IPO is priced at ₹ - ₹ per share. The issue opens on 11 Feb 26 and closes on 11 Feb 26.
Priority Jewels IPO opens on 11 Feb 26 and closes on 11 Feb 26.
The estimated Grey Market Premium of Priority Jewels IPO is ₹0 per share (-).
The minimum lot size of Priority Jewels IPO is shares & the minimum application amount is Rs. 0.
The allotment date of Priority Jewels IPO is 11 Feb 26.
The listing date of Priority Jewels IPO is 11 Feb 26.
Priority Jewels IPO is subscribed -.
Priority Jewels IPO is priced at ₹ - ₹ per share.
Click the allotment link on Priority Jewels IPO page of IPO360.
- Go to Kite App → Tap on Bids → Tap on IPO
- Select the IPO → Tap on apply → Enter UPI ID
- Enter Qty and Price
- Submit the application
- Approve the UPI Mandate on your UPI app
- Go to Groww App → Stocks Section → Select IPO option
- Select the IPO you want to apply
- Enter your bid details and price
- Enter UPI ID & submit
- Approve the UPI Mandate on your UPI app
- Log in to your bank's net banking portal.
- Navigate to the 'IPO' or 'ASBA' section.
- Select Priority Jewels IPO from the list of available IPOs.
- Enter the required details: Bid quantity, Price, DP ID & Client ID, etc
- Submit the application.
- Money will remain blocked till the refund date
