IPO Compass Mainboard IPOsPriority Jewels

Priority Jewels

MAIN · IPO ·Gems, Jewellery And Watches ·closed ·28 Aug to 1 Sep, 2026
Grey market
+14.0%
implied listing pop
History says
+6.9%
median at this premium · middle half +2% to +12% · n=68
📈 GMP🧾 Subscription 🎟️ Allotment📋 Issue Overview 📊 Financials 🤝 Peers 🏢 About 🔬 GMP Engine
Latest GMP
₹28
grey-market premium
Implied pop
+14.0%
GMP over issue price
History says
+6.9%
median actual listing at this GMP (n=68)
Range of outcomes
middle half of outcomes: +1.8% to +11.8% · median +6.9%+2%+12%
middle half of 68 listings at this GMP
GMP trend
₹4009/02₹2809/04
14 street quotes since 09/02
📋Issue Details
Offer TypeBookbuilding IPO
Sale TypeFresh capital only
Listing AtBSE, NSE
Face Value₹ 10 per share
Price Band₹190 to ₹200
Lot Size75 shares
Total Issue Size45,75,000 shares (agg. up to ₹ 92 Cr)
Fresh Issue45,75,000 shares (agg. up to ₹ 92 Cr)
🗓️IPO Schedule
Open
Fri, Aug 28, 2026
Close
Tue, Sep 1, 2026
Allotment
Wed, Sep 2, 2026
Refunds
Thu, Sep 3, 2026
Demat credit
Thu, Sep 3, 2026
Listing
Fri, Sep 4, 2026
🏛️Pre & Post Issue Capital
CategoryPre IPOPost IPO
Promoter and Promoter Group93.85%
Public6.15%
Total100%
💰Valuation & Market Cap
EPS(₹) (pre → post)13.15 → 14.39
P/E (x) (pre → post)15.21 → 13.9
Market Cap at Offer Price₹360.00 Cr
📊Company Financials ₹ crore
Metric30 Jun 202631 Mar 202631 Mar 202531 Mar 2024
Assets310.61291.95309.14268.99
Total Income147.40539.03435.87410.61
Profit After Tax6.4817.6510.517.15
EBITDA10.2933.6224.2819.35
NET Worth145.66138.61104.8994.78
Reserves and Surplus132.36125.2692.2991.63
Total Borrowing110.49102.59145.85124.96
🎯Key Performance Indicators
ROE4.55%
ROCE6.92%
Debt/Equity0.76
RoNW4.44%
PAT Margin4.39%
EBITDA Margin7.01%
NAV108.59
Price to Book Value
🤝Recently Listed PeersGems, Jewellery And Watches
CompanyIssue priceP/EListing-day close
Shankesh Jewellers Ltd.₹9310.24₹94.82
Lalithaa Jewellery Mart Ltd.₹2019.95₹248.44
Advit Jewels Ltd.₹13818.41₹179.46
PNGS Reva Diamond Jewellery Ltd.₹38610.96₹411.70
Shringar House of Mangalsutra Ltd.₹16519.47₹184.88
SMR Jewels Ltd.₹12818.01₹103.05
Yaashvi Jewellers Ltd.₹835.6₹87.05
Grover Jewells Ltd.₹8812.31₹100.80
Lot Size — what an application costs
ApplicationLotsSharesAmount
Retail (Min)175₹15,000
Retail (Max)13975₹1,95,000
S-HNI (Min)141,050₹2,10,000
S-HNI (Max)664,950₹9,90,000
B-HNI (Min)675,025₹10,05,000
GMP trend
DateGMP ₹Implied
2026-09-0428+14.0%
2026-09-0428+14.0%
2026-09-0428+14.0%
2026-09-0428+14.0%
2026-09-0431+15.5%
2026-09-0331+15.5%
2026-09-0231+15.5%
2026-09-0231+15.5%
2026-09-0231+15.5%
2026-09-0231+15.5%
2026-09-0231+15.5%
2026-09-0231+15.5%
2026-09-0231+15.5%
2026-09-0240+20.0%
🏢About Priority Jewels

Priority Jewels IPO is a book build issue of ₹91.50 crores. The issue is entirely a fresh issue of 0.46 crore shares of ₹91.50 crore.

Priority Jewels IPO opens for subscription on Aug 28, 2026 and closes on Sep 1, 2026. The allotment for the Priority Jewels IPO is expected to be finalized on Sep 2, 2026. Priority Jewels IPO will list on NSE and BSE with a tentative listing date fixed as Sep 4, 2026.

Priority Jewels IPO is set issue price band at ₹190 to ₹200 per share. The lot size for an application is 75 shares. The minimum amount of investment required by an individual investor (retail) is ₹15,000 (75 shares) (based on upper price).

Mefcom Capital Markets Ltd. is the book running lead manager and MUFG Intime India Pvt.Ltd. is the registrar of the issue.

🎯Objects of the Issue
Object₹ Cr
Repayment / pre-payment, in full or in part, of certain borrowings availed by Company75.00
General Corporate Purposes
💼Lead Managers
  • • Mefcom Capital Markets Ltd.
🗳️Registrar
  • • MUFG Intime India Pvt.Ltd.
  • allotment status is checked on the registrar's portal
🏢Registered Office
📍 Plot No. 121,, Street No.15/18 MIDC,, Andheri (East), Mumbai, Maharashtra, 400093
📞 +91 22 6767 9898
✉️ cs@priorityindia.com
Grey-market numbers are unofficial street quotes, aggregated across sources. Not investment advice.