Priority Jewels

Priority Jewels Limited - IPO

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Priority Jewels IPO Details

Open Date
-
Close Date
-
Listing Date
-
Issue Price
₹0 - ₹0
Face Value
₹10 per share
Lot Size
0
GMP
₹0
Issue Type
IPO
Listing On
NSE, BSE
Type
Book Built Issue
Share holding pre issue
12600000
Share holding post issue
18000000
Total Issue Size
54,00,000 shares (aggregating up to ₹0.00 Cr)
Fresh Issue
54,00,000 shares (aggregating up to ₹0.00 Cr)
Offer for Sale
-
DRHP Status
Filed With SEBI

Priority Jewels IPO Lot Size

ApplicationLotsSharesAmount
To be announced

Priority Jewels IPO Reservation

Promoter Holding

Pre Issue:100%
Post Issue:-
Promoter Names:
Shailesh Sangani, Manisha Shailesh Sangani, Tushar Mehta, Aditi Karan Motla, Aashna Sangani Parikh, Priority Retail Ventures Pvt Ltd.

Documents

Priority Jewels IPO Valuations

ROE:7.35%
ROCE:17.47%
DEBT/EQUITY:1.32
RONW:7.54%
PAT MARGIN:1.74

Priority Jewels Limited Financial Information

Period Ended31 Dec 202431 Mar 202431 Mar 202331 Mar 2022
Assets278.26268.99280.48231.90
Revenue295.57410.61471.42403.57
Profit After Tax8.157.154.505.37
Net Worth102.5694.7899.8495.41
Total Borrowing119.56124.96117.08103.74
Amount in ₹ Crore

About Priority Jewels IPO

Incorporated in 2007, Priority Jewels designs, manufactures, and sells diamond-studded gold and platinum fine jewellery. It offers a variety of daily wear jewellery products, like rings, earrings, pendants, neckware, bracelets, and occasion couture jewellery.

The company sells products to independent jewellers and jewellery chains in India and globally, like CaratLane Trading Pvt Ltd, Kalyan Jewellers, Reliance Retail, Malabar Gold & Diamonds, Thribhovandas Bhimji Zaveri Ltd, and Senco Gold Ltd.

As of December 31, 2024, it has served over 200 customers, including 159 independent jewellers and 35 jewellery chains. The company has a strong market presence across 21 states and 3 union territories, and exports products to 13 countries, including the United States of America, UAE, Hong Kong, and Norway.

It has two jewellery manufacturing facilities in Mumbai across 19,008.79 square feet.

Competitive Strengths

  • Diversified product portfolio with strong design capabilities
  • Integrated manufacturing facility in Mumbai
  • Experienced promoters and leaders
  • Longstanding relationship with customers
  • Strong market presence across domestic and international markets

Strength Of Priority Jewels IPO

To be announced

Risk Of Priority Jewels IPO

To be announced

Objectives Priority Jewels IPO

1. Repayment / pre-payment, in full or in part, of certain borrowings availed by our Company

2. General corporate purposes

Company Contact Details

Priority Jewels Limited
Plot No. 121,
Street No.15/18 MIDC,
Andheri (East)
Mumbai, Maharashtra
Phone: +91 22 6767 9898
Email: cs@priorityindia.com
Website: http://www.priorityjewels.in/

Registrar Contact Details

Name: MUFG Intime India Private Limited
Phone: +91-22-4918 6270

Lead Mangers

To be announced

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