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Priority Jewels Ltd

Registered Office: Plot No 121 Street No 15/18,MIDC Andheri (East), Mumbai - 400093, Maharashtra, India.
Phone : +91 22 6767 9898   Fax:
Email :  cs@priorityindia.com  
Website :  www.priorityjewels.in

Initial public offering of up to 45,75,000 equity shares of face value of Rs. 10 each ("Equity Shares") of Priority Jewels Limited (the "Company" or the "Company" or the "Issuer") for cash at a price of Rs. 200 per equity share (Including a Premium of Rs. 190 per Equity Share) ("Issue Price") aggregating up to Rs. 91.5 Crores (the "Issue"). The issue comprises of a fresh issue of up to 45,75,000 equity shares of face value of Rs. 10 each by the company aggregating up to Rs. 91.5 crores (the "Fresh Issue" or the "Issue"). The issue shall constitute 25.42% of the post-issue paid-up equity share capital of the company. The company, in consultation with the brlm, has undertaken a pre-issue placement of 8,25,000 equity shares at an issue price of Rs. 190.00 per equity share (including a premium of Rs. 180.00 per equity share) aggregating to an amount of Rs. 15.68 Crores,by way of a private placement in accordance with section 42 of the companies act, 2013 and rule 14 of the companies (prospectus and allotment of securities) rules, 2014, each as amended. The pre-ipo placement has been undertaken pursuant to the approval of the board and shareholders, each dated January 28,2026, and equity shares through the pre-ipo placement have been allotted pursuant to board resolution dated February 14, 2026. Price Band: Rs. 200 per equity share of face value of Rs. 10/- each. The floor price is 20 times of the face value of the equity shares. respectively. Bids can be made for a minimum of 75 equity shares of face value of Rs. 10/- each and in multiples of 75 equity shares of face value of Rs. 10/- each thereafter.

Issue Money Payable On
Opens on Closes On Application Allotment
28-Aug-26 01-Sep-26 200.00-0.00 0.00-0.00
Minimum Application for shares in Nos : 75   Further Multiples of : 75
  Rs(Cr.) Lead Managers to the Issue
Project Cost 93.85 Mefcom Capital Markets Ltd
Project Financed through Current Offer 91.50  
Post Issue Equity Share Capital 18.00  
Issue Price 200.00  

Project

  • Repayment/Pre-payment in full or in part of certain borrowings availed by the company
  • General corporate purposes

Promoted By

Shailesh Sangani

Manisha Shailesh Sangani

Tushar Mehta

Listing At

BSE

NSE

Registrar to the Issue

MUFG Intime India Pvt Ltd

Attention Investor:

1) "KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (Broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary."         2) For Stock Broking Transaction "Prevent unauthorised transactions in your account Update your mobile numbers / email IDs with your stock brokers. Receive information of your transactions directly from Exchange on your mobile / email at the end of the day .... Issued in the interest of Investors."         3) For Depository Transaction "Prevent Unauthorized Transactions in your demat account --> Update your Mobile Number with your Depository Participant. Receive alerts on your Registered Mobile for all debit and other important transactions in your demat account directly from NSDL on the same day....Issued in the interest of investors."         4) No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account.