Registered Office:
Plot No 121 Street No 15/18,MIDC Andheri (East),
Mumbai
-
400093,
Maharashtra, India.
Phone : +91 22 6767 9898
Fax : NA
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.
Opens On
Closes On
Application
Allotment
28-Aug-26
01-Sep-26
190.00-200.00
0.00-0.00
Minimum Application for shares in Nos :
75
Further Multiples of :
75
(Rs.Cr)
Lead Managers to the Issue
Project Cost
0.00
Mefcom Capital Markets Ltd
Project Financed through Current Offer
86.93
Post Issue Equity Share Capital
18.00