Priority Jewels IPO

Priority Jewels Limited is open for subscription, offered in a price band of ₹190 to ₹200 per share, in lots of 75 shares. Every figure below is taken from the issue's own filings and exchange disclosures.

Issue details

Price band

₹190 – ₹200

Lot size

75 shares

Minimum investment

₹15,000

Issue size

₹91.5 Cr

Fresh issue

₹91.5 Cr

Offer for sale

—

Opens

28 Aug 2026

Closes

1 Sept 2026

Listing date

4 Sept 2026

Registrar

MUFG Intime India Private Limited

Symbol

PRIORITY

One lot of 75 shares at the upper band price of ₹200 is ₹15,000 — the smallest retail application this issue accepts.

Lead managers: Mefcom Capital Markets Limited.

Grey market premium (GMP)

Latest reported GMP

₹20

Implied over upper band

10.00%

As of

27 Aug 2026, 09:05 pm IST

How the reported premium has moved. The trend matters more than any single reading — a premium that is drifting down into the close is a different signal from one holding firm.

Grey Market Premium is an unofficial, unregulated over-the-counter datapoint reported by third parties. It is not a price, a forecast, or an indication of listing gains, and is not investment advice.

Reported financials

As disclosed in the offer document. Figures in ₹ crore unless the filing states otherwise.

Strengths disclosed in the offer document

• The company offers a broad and evolving range of jewellery products catering to various customer preferences, price points, and usage occasions.
• The company has a diversified product portfolio that includes contemporary and traditional styles, as well as special occasion pieces.
• The company has in-house design capabilities and works closely with clients to develop bespoke products.
• The company operates integrated manufacturing facilities with advanced technology, enabling precision manufacturing and superior product quality.
• The company has established long-standing relationships with major Indian retail jewellery players, reinforcing its position as a trusted supplier.
• The company has a strong presence across domestic and international markets, mitigating reliance on any single geography and providing market insights.

Risk factors disclosed in the offer document

• The company derived a significant portion of its revenue from its top ten customers, and the loss of these customers could adversely impact its business.
• The non-availability or high cost of gold, diamonds, precious and semi-precious metals and stones may adversely affect the company's business and financial condition.
• The company does not register its jewellery designs under the Designs Act, 2000, which could lead to competitors copying designs and potential loss of income.
• Volatility in commodity prices may materially affect the company's production costs, operating margins, and overall financial performance.
• The company's business is dependent and will continue to depend on its manufacturing facilities situated in Maharashtra, which exposes it to regional risks.
• Any downgrade in the company's credit ratings could increase borrowing costs and adversely affect its ability to obtain financing.
• The company may be affected by competition laws, the adverse application or interpretation of which could adversely affect its business, results of operations and cash flows.

These are the company's own disclosures, not Alphave's assessment. Read the offer document →

What this page will not tell you

Whether to apply

Alphave is NISM-certified, not a SEBI-registered research analyst. There is no rating, verdict or recommendation on this issue anywhere on this page.

What it will list at

Nobody knows, and GMP is not a forecast of it. It is an unofficial over-the-counter quote reported by third parties, shown here with its source time so you can judge how stale it is.

Your allotment

Allotment is decided by the registrar (MUFG Intime India Private Limited) after the issue closes. Track the whole calendar in the IPO Centre.

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