Priority Jewels Ltd

Issue period

Opens On: 28 Aug 2026

Closes On: 01 Sep 2026

Price band

₹ 190 to 200 per equity share

Bid lot

75 shares and in multiples thereof

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More about the IPO

Issue size	Rs. 91.50 Cr
Price band	Rs. 190 to 200 per equity share
Bid lot	75 shares and in multiples thereof
Issue break-up	QIB - Rs. 45.75 Cr
	HNI - Rs. 13.73 Cr
	RET - Rs. 32.03 Cr
Registrar	MUFG Intime India Pvt. Ltd.
Listing at	BSE & NSE

Company Details

They are engaged in the design, manufacturing and sale of light-weight, affordable diamond-studded gold and platinum fine jewellery. Their product portfolio includes rings, earrings, pendants, neckwear, bracelets and occasion couture jewellery, supplied to jewellery retailers and chains in India and select international markets.

They supply fine jewellery to leading jewellery chains and retailers, including CaratLane, Kalyan Jewellers, Reliance Retail, Malabar Gold & Diamonds, Tribhovandas Bhimji Zaveri and Senco Gold. Their ability to combine craftsmanship with innovation has helped them establish long-standing relationships with major jewellery retailers and strengthen their position as a trusted supplier.

Their manufacturing process spans design, rapid prototyping, model making, mould making, casting, polishing, stone setting, rhodium plating and quality control. In addition to gold and platinum jewellery, they also manufacture lab-grown diamond jewellery based on customer requirements.

Their portfolio is focused on light-weight, affordable daily-wear jewellery, designed using contemporary aesthetics and modern manufacturing techniques. By emphasizing innovative designs, functionality and affordability, they cater to the growing demand for designer jewellery among a broad consumer base with rising disposable incomes.

Log in to the Mirae Asset Sharekhan appMirae Asset Sharekhan app opens in a new tab/window and tap the hamburger menu.
Under the EQUITY dropdown option, tap IPO/OFS/BOND to land on the IPO dashboard.
Click on the Current IPO tab and select the IPO of your choice.
On the IPO application form that opens, fill in details like the Demat Account Number, Category of investor, number of lots you wish to invest in, the Cut-Off Price and others.
Now enter your UPI ID (make sure this UPI ID is connected to your Mirae Asset Sharekhan-mapped bank account) on the form.
Read and accept the Terms & Conditions and click on the SUBMIT button. Recheck the details on the order confirmation screen and confirm the order.
Once the exchange receives details about your bid, you will get a notification (IPO mandate request) on your UPI app and an SMS as well.
Log in to your UPI app and go to the pending mandates section.
Verify all the details once again and authenticate your bid amount by entering your UPI PIN.
Once done, the IPO application amount will be blocked and you will receive an SMS about the blocked Bid amount.

Note: The actual amount will be debited when the shares are allotted to you.

How to apply for an IPO on the Mirae Asset Sharekhan app

How to apply for an IPO on the Mirae Asset Sharekhan website

Log in to the Mirae Asset Sharekhan websiteMirae Asset Sharekhan website opens in a new tab/window and click the IPO & OTHERS menu option you see on the top-right.
From the list of Active IPOs, select the IPO of your choice
On the IPO application form that opens, fill in details like the Demat Account Number, Category of investor, number of lots you wish to invest in, the Cut-Off Price and others.
Now enter your UPI ID (make sure this UPI ID is connected to your Mirae Asset Sharekhan-mapped bank account) on the form. Read and accept the Terms & Conditions and click on the SUBMIT button.
Recheck the details on the order confirmation screen and confirm the order.
Once the exchange receives details about your bid, you will get a notification (IPO mandate request) on your UPI app and an SMS as well. Log in to your UPI app and go to the pending mandates section.
Verify all the details once again and authenticate your bid amount by entering your UPI PIN.
Once done, the IPO application amount will be blocked and you will receive an SMS about the blocked Bid amount.
Your IPO order will now appear on your Mirae Asset Sharekhan Order Book, from where you can modify or cancel your IPO bid if you so wish.

Note: The actual amount will be debited when the shares are allotted to you.

How does an IPO work?

An IPO offers share market participants like you and me an opportunity to be a shareholder in an erstwhile privately held company that is now going public and being listed on the market. Historically speaking, investors who choose the right IPOs make significant returns on their investments, which increases the attraction of IPOs.

Once you are a shareholder, you are eligible to receive dividends from the company proportional to the shares you own. You can also sell your stocks for profit on the stock exchange.

In exchange for its shares, the company has an opportunity to raise huge capital to be used to further enhance its business and scale up its operations. The company also has other benefits, such as credibility; visibility; better leverage to effect mergers, acquisitions and even to procure loans at lower rates of interest.

In India, the entire IPO process is ably regulated by the Securities & Exchange Board of India (SEBI), right from the IPO filing by the company to the bidding, allotments and refunds (in case you aren't allotted shares due to oversubscription).

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Open Date: 28 Aug 2026 | Close Date: 01 Sep 2026

Issue period

Price band

Bid lot

More about the IPO

Company Details

How to apply for an IPO on the Mirae Asset Sharekhan app

How to apply for an IPO on the Mirae Asset Sharekhan website

How does an IPO work?

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