Priority Jewels Limited IPO
28 Aug 2026 – 1 Sept 2026
Share Price
- Candle
- 6 Oct
- O
- ₹291.5
- H
- ₹314
- L
- ₹291.3
- C
- ₹311.85
21 trading days since listing · NSE end-of-day prices
Issue Details
- Price Band
- ₹190 – ₹200
- Lot Size
- 75 shares
- Min Investment
- ₹15,000 (1 lot · 75 shares)
- Face Value
- ₹10
- Issue Size
- Initial Public Offer comprising of Fresh Issue up to 45,75,000 Equity Shares (Including Anchor Portion of 13,72,500 Equity Shares)
- Registrar
- MUFG Intime India Private Limited ↗
Timetable
GMP History
Latest GMP ₹28 · Last updated 7 Oct 2026, 11:51 am IST
| Date | GMP | GMP % | Change | Est. Listing | Updated (IST) |
|---|---|---|---|---|---|
| 2 Sept | ₹30 | +15.0% | −₹1 | ₹230 | |
| 1 Sept | ₹31 | +15.5% | −₹14 | ₹231 | |
| 31 Aug | ₹45 | +22.5% | — | ₹245 | |
| 30 Aug | ₹45 | +22.5% | — | ₹245 | |
| 29 Aug | ₹45 | +22.5% | +₹8 | ₹245 | |
| 28 Aug | ₹37 | +18.5% | — | ₹237 | |
| 27 Aug | ₹37 | +18.5% | +₹7 | ₹237 | |
| 26 Aug | ₹30 | +15.0% | — | ₹230 | |
| 25 Aug | ₹30 | +15.0% | — | ₹230 |
Subscription
Day-wise subscription
| Date | QIB | NII / HNI | Retail | Total |
|---|---|---|---|---|
| 1 Sept | — | — | — | 70.19x |
| 31 Aug | 1.68x | 42.32x | 38.96x | 29.03x |
| 30 Aug | 0.44x | 1.24x | 3.07x | 1.93x |
| 29 Aug | 0.44x | 1.24x | 3.07x | 1.93x |
| 28 Aug | 0.44x | 1.24x | 3.07x | 1.93x |
Financials
All values in ₹ crore
About Priority Jewels
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
As published in the company's own offer documents.
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
As stated by the company in its prospectus — not our assessment.
The company's own risk factors are not shown here. They run to dozens of pages in the Red Herring Prospectus, under “Risk Factors”, and are worth the read before applying.
Lead Managers
- Mefcom Capital Markets Limited
Offer details
Application sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min)one lot, the smallest bid allowed | 1 | 75 | ₹15,000 |
| Retail (max)most that stays under ₹2L | 13 | 975 | ₹1,95,000 |
| S-HNI (min)first bid over ₹2L | 14 | 1,050 | ₹2,10,000 |
| S-HNI (max)most that stays under ₹10L | 66 | 4,950 | ₹9,90,000 |
| B-HNI (min)first bid over ₹10L | 67 | 5,025 | ₹10,05,000 |
Priced at the top of the band, which is what a cut-off bid pays. Retail ends at ₹2,00,000 and S-HNI at ₹10,00,000; these are SEBI's limits, not the issuer's.
Issue mechanics
- Issue Type
- Book Building
- Categories
- FI, IC, MF, FII, OTH, CO, IND, NOH
- Max Bid (Retail)
- Rs. 2,00,000
- Tick Size
- Re. 1
- Bidding Hours
- 10.00 a.m. to 5.00 p.m.
- UPI Mandate Cut-off
- 01-Sep-2026 (upto 5:00 PM) The new cut-off time for UPI mandate acceptance is 05:00 PM on last day of IPO bidding. Further bids with confirmed status of mandate amount blocked (RC100) shall be considered as valid applications and hence, investors are advised to submit their UPI applications in IPO well in advance to avoid any last minute technical/systemic constraints that may hamper their ability
- Sponsor Bank
- Axis Bank Limited
Registrar
- Name
- MUFG Intime India Private Limited
- Address
- C-101, 1st Floor, 247 Park, Lal Bahadur Shastri Marg, Vikhroli (West), Mumbai 400 083, Maharashtra, India; Tel +91 81081 14949
- Contact
- Shanti Gopalkrishnan, +91 81081 14949 , priorityjewels.ipo@in.mpms.mufg.com
Documents
- Red Herring ProspectusThe full offer documentPDF
- Basis of Issue PriceHow the band was arrived atPDF
- Anchor AllocationWho was allotted before the issue openedPDF
Published by NSE as ZIP archives; opened here as the PDF inside.
Collected from NSE and public sources. Always confirm against the prospectus before applying.
Frequently Asked Questions
What is the GMP of Priority Jewels Limited IPO today?
The latest grey market premium for Priority Jewels Limited IPO is ₹28. GMP is unofficial and indicative only — it is not a guarantee of listing price.
What is the price band of Priority Jewels Limited IPO?
The price band is ₹190 – ₹200, with a lot size of 75 shares. The minimum investment is ₹15,000.
When does Priority Jewels Limited IPO open and close?
The issue opens on 28 Aug 2026 and closes on 1 Sept 2026. Listing is expected on 4 Sept 2026.
Who is the registrar for Priority Jewels Limited IPO?
MUFG Intime India Private Limited is the registrar. Allotment status can be checked on the registrar's website once allotment is finalised.