Priority Jewels Shares List at 15% Premium on NSE
Priority Jewels made its stock market debut on Friday, September 4, 2026, with its shares listing at a 15% premium on the NSE. The stock opened at ₹230.00 apiece on the NSE against its IPO issue price of ₹200 per share. On the BSE, the shares debuted at ₹225.20 per share, representing a 12.60% premium over the issue price.
The company’s ₹91.50 crore IPO was open for subscription from August 28 to September 1, 2026, and witnessed strong investor interest. The issue was subscribed 100.45 times by the end of the bidding period.
Priority Jewels IPO - Issue Details
- Issue Type: Book Built Issue (Fresh Issue only)
- Total Issue Size: Up to ₹91.50 crore
- Fresh Issue: Up to ₹91.50 crore
- Offer for Sale (OFS): Not Applicable
- Face Value: ₹10 per equity share
- Price Band: ₹190 to ₹200 per share
- Lot Size: 75 shares
- Minimum Investment Amount (Retail Investor): ₹15,000 (75 shares at the upper price)
- Listing: BSE, NSE
- Book Running Lead Managers: Mefcom Capital Markets Limited
- Registrar: MUFG Intime India Private Limited
Priority Jewels IPO Overall Subscription Status
[September 1, 2026, 7:00 P.M.]
|
Category |
Subscription (x) |
|
Qualified Institutional Buyers (QIBs) |
39.87x |
|
Non-Institutional Investors (NIIs) |
166.49x |
|
Retail Individual Investors (RIIs) |
106.76x |
|
Total |
100.45x |
Utilisation of IPO Proceeds
The company intends to utilise the net proceeds from the fresh issue towards:
- Repayment and, or prepayment in full or in part of certain working capital borrowings availed by the company.
- General corporate purposes
About Priority Jewels Limited
Priority Jewels Limited is a designer, manufacturer, and supplier of lightweight diamond-studded gold and platinum jewellery. Established in 2007, the company caters to independent jewellers, organised retail chains, and select international markets.
Its product portfolio includes rings, earrings, pendants, necklaces, bracelets, and other lightweight jewellery for both everyday wear and special occasions. It also offers customised lab-grown diamond jewellery, with a focus on contemporary designs and cost-efficient manufacturing.
Key Financial Highlights
|
Particulars |
FY26 (in ₹ crore) |
FY25 (in ₹ crore) |
FY24 (in ₹ crore) |
|
Revenue from operations |
538.95 |
435.49 |
410.51
|
|
EBITDA |
33.62 |
24.28 |
19.35 |
|
Profit After Tax (PAT) |
17.65 |
10.51 |
7.14 |
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