August, 25 2026 Tuesday 03:37 Hrs
Last update 11-9-2025
  • SENSEX :   77,369.11

  • Top commodity trading and broking companies in India-171.72( -0.22%) 24-Aug-2026

IPO Synopsis

Priority Jewels Ltd
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. 190-200 per equity share (Including a Premium of Rs. 180-190 per Equity Share) ("Issue Price") aggregating up to Rs. 86.93-91.5 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. 86.93-91.5 crores (the "Fresh Issue" or the "Issue"). The issue shall constitute [*]% 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 8,25,000equity 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. 190 to 200 per equity share of face value of Rs. 10/- each. The floor price is 19 times of the face value of the equity shares and the cap 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
Opens On Closes On
28-Aug-26 01-Sep-26
Money Payable On
Application Allotment
190.00 0.00
Minimum Application for shares in Nos : 75 Further Multiples of : 75
(.Cr) Lead Managers to the Issue
Project Cost (.Cr) 0.00 Mefcom Capital Markets Ltd
Project Financed through Current Offer (.Cr) 86.93  
Post Issue Equity Share Capital (.Cr) 18.00
Issue Price () 190.00
Projects
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
Top

Attention Investor:

Prevent unauthorised transactions in your account Update your mobile numbers/email IDs with your stock brokers/Depository Participant.     KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, ,Mutual ).    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.