
Consumer Discretionary · NSE / BSE
Founded in 2007, Priority Jewels is a company that designs, manufactures, and sells diamond-studded gold and platinum jewellery. Its product range includes daily wear items like rings, earrings, pendants, necklaces, and bracelets, as well as occasion jewellery. The company supplies its products to independent jewellers and major jewellery chains in India and abroad, including well-known names like CaratLane, Kalyan Jewellers, Reliance Retail, Malabar Gold & Diamonds, TBZ, and Senco Gold. As of December 31, 2024, it has served over 200 customers across India and exports to 13 countries such as the USA, UAE, Hong Kong, and Norway. The company operates two manufacturing facilities in Mumbai, supporting its production and design activities.
Price Band
₹190 – ₹200
Issue Size
₹457.50 L Cr
Lot Size
75 shares
GMP
+14.0%
Est. Listing
₹228
at current GMP
Subscribed
100.45x
overall
Open
28 Aug 2026
Close
1 Sep 2026
Allotment
2 Sep 2026
Refund
3 Sep 2026
Demat Credit
4 Sep 2026
Listing
4 Sep 2026
Overall Subscription
100.45x
Total Demand
QIB Multiplier
39.87x
Institutions & Funds
NII / HNI
166.49x
High Net-Worth
Retail (RII)
106.76x
Individual Bidders
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| QIB | 915,000 | 36,480,225 | 39.87x |
| NIB | 686,250 | 114,256,350 | 166.49x |
| HNIs(10L +) | 457,500 | 69,640,125 | 152.22x |
| HNIs (2-10L) | 228,750 | 44,616,225 | 195.04x |
| RETAIL | 1,601,250 | 170,954,700 | 106.76x |
| Total | 3,888,750 | 435,947,625 | 100.45x |
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| RETAIL | 21,350 | 2,027,964 | 94.99x |
| HNIs(10L +) | 436 | 13,638 | 31.28x |
| HNIs (2-10L) | 218 | 41,134 | 188.69x |
| Total Applications | 22,004 | 2,082,736 | 94.65x |
Priority Jewels Limited is bringing an initial public offering (IPO) in the Consumer Discretionary sector with an aggregate issue size of ₹45,75,000 Crores. The shares are offered at a price band of ₹190 to ₹200 per equity share on NSE and BSE. Currently, traders and retail applicants are calculating expected listing gains and break-even points based on unofficial grey market quotations.
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 75 shares (approx. ₹15,000 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.
Allotment reconciliation will be managed by Link Intime India Private Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2026-09-04, while un-allotted funds or UPI block mandates will be released on 2026-09-03.
The Priority Jewels Limited IPO aggregate issue size is ₹45,75,000 Crores with an equity price band set at ₹190 to ₹200 per equity share. The retail lot size is 75 shares requiring a minimum capital outlay of approx. ₹15,000.
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. You can track QIB, NII/HNI, and Retail category multiples directly on our dedicated live subscription page.
The basis of allotment will be published on the official registrar portal (Link Intime India Private Limited) and the BSE status verification website on or around 2026-09-02.