Business Overview
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 Size
Objects of Issue
- Repayment/pre-payment, of certain borrowings availed by the Company.
- General corporate purposes.
Priority Jewels IPO Financial Performance
(Rs. in crores)
| 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 |
Key Performance Indicators (KPIs)
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 Holding
Promoter
100.00%
Public
0.00%
Management
Registrar & Lead Managers
Registrar
MUFG Intime India
Lead Managers (1)
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
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