GMP IPO Watch
Priority Jewels IPO
Priority Jewels IPO details, live grey market premium (GMP), dates, price band, lot size, subscription & review.
Priority Jewels IPO Details
Key facts at a glance| IPO Open Date | 27 August 2026 | IPO Close Date | 31 August 2026 |
|---|---|---|---|
| Basis of Allotment | 1 September 2026 | Listing Date | 3 September 2026 |
| Price Band | ₹190 - ₹200 per share | Face Value | ₹10 per share |
| Market Lot Size | 75 Shares | Min Investment (Retail) | ₹15,000 |
| Total Issue Size | ₹200 Cr | Issue Type | Book Built Issue IPO |
| Fresh Issue | — | Offer for Sale (OFS) | — |
| Listing At | NSE, BSE | Issue Category | Mainboard Issue |
| Registrar | TBA | ||
Priority Jewels IPO Timetable (Tentative Dates)
| Event | Tentative Date | Status |
|---|---|---|
| IPO Open Date | 27 August 2026 | Confirmed |
| IPO Close Date | 31 August 2026 | Confirmed |
| Basis of Allotment | 1 September 2026 | Tentative |
| Initiation of Refunds | 3 September 2026 | Tentative |
| Credit of Shares to Demat | 3 September 2026 | Tentative |
| IPO Listing Date | 3 September 2026 | Tentative |
| Cut-off time for UPI Mandate Confirmation | 1 September 2026 (5:00 PM) | Deadline |
* Note: Timelines are tentative and subject to regulatory confirmation. UPI mandate approvals must be completed by 5:00 PM on the IPO closing day.
Priority Jewels IPO Lot Size & Investment Details
Application limits for Retail and HNI investors| Application Category | Lots | Shares | Amount (at Cut-off) |
|---|---|---|---|
| Retail (Min) | 1 Lot | 75 Shares | ₹15,000 |
| Retail (Max) | 13 Lots | 975 Shares | ₹1,95,000 |
| S-HNI (Min) | 14 Lots | 1,050 Shares | ₹2,10,000 |
| S-HNI (Max) | 66 Lots | 4,950 Shares | ₹9,90,000 |
| B-HNI (Min) | 67 Lots | 5,025 Shares | ₹10,05,000 |
Priority Jewels IPO Live GMP & Movement History
Daily unofficial grey market trends₹28 +14.0%
| Date | IPO GMP (₹) | Estimated Listing Price | Estimated Listing Gain (%) |
|---|---|---|---|
| 2 Sept 2026 | ₹31 | ₹231.00 | +15.50% |
| 1 Sept 2026 | ₹45 | ₹245.00 | +22.50% |
| 31 Aug 2026 | ₹45 | ₹245.00 | +22.50% |
| 27 Aug 2026 | ₹20 | ₹220.00 | +10.00% |
| 26 Aug 2026 | ₹30 | ₹230.00 | +15.00% |
| 25 Aug 2026 | ₹28 | ₹228.00 | +14.00% |
| 24 Aug 2026 | ₹0 | ₹200.00 | +0.00% |
Priority Jewels IPO Subscription Status
Demand breakdown by investor categoryAbout Priority Jewels
Priority Jewels is engaged in the design, manufacture, and sale of light-weight, affordable diamond-studded gold and platinum fine jewellery. The company primarily operates on a business-to-business (B2B) model, supplying its products directly to independent jewellers and major retail chains across India and in select international markets, including the USA, UAE, and Hong Kong. Its product portfolio is centered on daily wear pieces such as rings, earrings, pendants, and bracelets, and also includes an occasion-based couture line. The company’s revenue is generated from the direct sale of its finished jewellery products. With two manufacturing facilities in Mumbai, the business leverages modern design and production technologies like CAD/CAM and 3D printing to create a diverse range of customized and ready-to-sell products for its customers.
Priority Jewels IPO Reservation & Share Quotas
The Priority Jewels IPO reservation is divided among Qualified Institutional Buyers (QIBs), Non-Institutional Investors (NIIs), Retail Individual Investors and the anchor investor portion, where applicable.
As per the provided category-wise allocation, 50% of the issue is reserved for Qualified Institutional Buyers excluding the anchor portion, 15% is allocated to Non-Institutional Investors, while 35% is reserved for Retail Individual Investors.
| Investor Category | Shares Offered | Shares (%) |
|---|---|---|
| Anchor Investor | – Shares | -% |
| QIB (Ex. Anchor) | – Shares | 50% |
| NII Shares Offered | – Shares | 15% |
| Retail Shares Offered | – Shares | 35% |
Priority Jewels IPO Anchor Investors
The Priority Jewels IPO anchor bidding is scheduled for August 27, 2026, one working day before the public issue opens for subscription on August 28, 2026.
The final anchor investor list, number of shares allotted and total anchor investment amount are currently awaited. These details can be updated after completion of the anchor bidding process and announcement of the final anchor allocation.
| Particular | Details |
|---|---|
| Anchor Bidding Date | August 27, 2026 |
| Anchor Investors List | Awaited |
| Shares Offered | – Shares |
| Anchor Size | – Cr. |
| Lock-in Period End Date – 50% Shares (30 Days) | 2026 |
| Lock-in Period End Date – Remaining 50% Shares (90 Days) | 2026 |
Priority Jewels IPO Important Dates
| Particular | Dates |
|---|---|
| IPO Open Date | 28 Aug 2026 |
| IPO Close Date | 01 Sept 2026 |
| Basis of Allotment | 02 Sept 2026 |
| Refunds | - |
| Credit to Demat Account | - |
| IPO Listing Date | 04 Sept 2026 |
Note: The timeline for Priority Jewels IPO is tentative and subject to change.
Priority Jewels Promoters and Shareholding Pattern
The promoters of Priority Jewels Limited are Shailesh Sangani, Manisha Shailesh Sangani, Tushar Mehta, Aditi Karan Motla, Aashna Sangani Parikh and Priority Retail Ventures Private Limited.
Before the IPO, the promoter holding stands at 1,26,00,000 equity shares, representing 100% of the pre-issue share capital. Following the fresh issue, the company's total outstanding equity share capital is expected to increase to 1,80,00,000 shares.
Promoters of Priority Jewels
- Shailesh Sangani
- Manisha Shailesh Sangani
- Tushar Mehta
- Aditi Karan Motla
- Aashna Sangani Parikh
- Priority Retail Ventures Private Limited
| Particular | Shares | % Share |
|---|---|---|
| Promoter Holding Pre Issue | 1,26,00,000 | 100% |
| Promoter Holding Post Issue | 1,80,00,000 | -% |
Priority Jewels Objects of the Issue & Utilisation of Proceeds
To Be Updated Soon
Priority Jewels About the IPO
Priority Jewels was incorporated in 2007 and is one of the leading companies engaged in the manufacturing of fine jewellery. The company follows the process from designing, manufacturing, to selling a comprehensive range of lightweight, affordable, and diamond-studded gold and platinum fine jewellery. The company is engaged in supplying gold and platinum jewellery directly to independent jewellers and jewellery chains in India, such as CaratLane Trading, Kalyan Jewellers, Malabar Gold & Diamonds, Tribhovandas Bhimji Zaveri, and Senco Gold. Their manufacturing facilities situated in Mumbai span 19,008 sq ft. and 6,821 sq. ft., which are provided with advanced casting as well as modern CAD/CAM and 3D printing technology, enabling precision manufacturing. The company consists of over 200 customers in India, 159 independent jewellers, and 35 jewellery chains as of December 2024. Khazanchi Jewellers, RBZ Jewellers, Ashapuri Gold Ornament, and Shringar House of Mangalsutra are the competitors of the priority jewels.
Priority Jewels Company Financial Report
To Be Updated Soon
Priority Jewels Company Valuation & Key Performance Indicators
To Be Updated Soon
Priority Jewels Peer Group Comparison
To Be Updated Soon
Priority Jewels Lead Managers & Merchant Bankers
- Mefcom Capital Markets Limited
Priority Jewels IPO FAQs
Priority Jewels IPO opens for subscription on 27 August 2026 and closes on 31 August 2026.
The price band for Priority Jewels IPO is set at ₹190.00 to ₹200.00 per share.
The minimum market lot size is 75 shares. A retail investor can apply for a minimum of 1 lot requiring an investment of 75 Shares (₹15,000).
The latest Grey Market Premium (GMP) for Priority Jewels IPO is ₹28. GMP represents the unofficial premium at which shares trade prior to listing.
The basis of allotment for Priority Jewels IPO is tentatively scheduled for 1 September 2026, and shares are expected to list on the stock exchanges on 3 September 2026.
The registrar details will be confirmed in the official prospectus.