· Mainboard · NSE, BSE
Price Band
₹190–200
Lot Size
75 shares
Issue Size
₹92 Cr
Min. Investment
₹15,000
Indicative, updates through the day
Cap price plus current GMP: ₹228 — arithmetic, not a forecast
Priority Jewels IPO is a Mainboard issue that listed on NSE, BSE on 4 September 2026. The issue price band is fixed at ₹190–₹200 per equity share with a minimum market lot size of 75 shares, bringing the total issue size to ₹92 Cr. At the upper price band, the minimum retail application requires one lot amounting to ₹15,000.
The latest unlisted Grey Market Premium (GMP) for Priority Jewels IPO is quoted at ₹28, representing a premium of approximately 14% over the upper price band of ₹200. On a simple cap price plus GMP basis, the estimated opening price indicates a listing near ₹228, and informal quotes have held steady over recent sessions. Please note that GMP is an unregulated sentiment indicator quoted by off-market dealers; it fluctuates based on supply-demand dynamics and does not constitute a guaranteed listing price. For historical accuracy studies, read our research on IPO GMP accuracy, or compare with live GMP quotes for all active IPOs.
As per the latest exchange feeds from BSE and NSE, Priority Jewels IPO has been subscribed 99.85x overall — with QIB at 39.87x, NII at 166.38x, bNII at 152.22x, sNII at 194.71x, Retail at 105.61x, representing over 20,62,580 retail and institutional applications. When the retail category is oversubscribed, SEBI regulations mandate that allotment is determined via an automated computerized lottery where each valid PAN gets one equal chance.
The minimum investment for retail investors is one lot of 75 shares (approx. ₹15,000 at the cut-off price), while the maximum retail bid is capped at 13 lots (under ₹2,00,000). Applications must be submitted using ASBA via Net Banking or the UPI Mandate route through registered stockbrokers (Zerodha, Groww, Angel One, Upstox).
The official registrar appointed for this issue is MUFG Intime India Pvt. Ltd. (formerly Link Intime), with the basis of allotment finalised on 2 September 2026 and listing completed on 4 September 2026. Once declared, you can check your allotment status on our IPO Allotment Checker using your PAN or Application Number. If you are not allotted shares, the ASBA block on your bank funds is automatically released by T+2 day.
Issue Price
₹200
Listed At
₹230
Current Price
₹241.5
Priority Jewels IPO raises ₹27.45 crore from anchor investors. Priority Jewels IPO Anchor bid date is August 27, 2026.
| Category | Shares Offered | % |
|---|---|---|
| QIB | 22,87,500 | 50% |
| − Anchor Investor | 13,72,500 | 30% |
| − QIB (Ex. Anchor) | 9,15,000 | 20% |
| NII (HNI) | 6,86,250 | 15% |
| − bNII > ₹10L | 4,57,500 | 10% |
| − sNII < ₹10L | 2,28,750 | 5% |
| Retail | 16,01,250 | 35% |
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 75 | ₹15,000 |
| Retail (Max) | 13 | 975 | ₹1,95,000 |
| S-HNI (Min) | 14 | 1050 | ₹2,10,000 |
| S-HNI (Max) | 66 | 4950 | ₹9,90,000 |
| B-HNI (Min) | 67 | 5025 | ₹10,05,000 |
EPS (Pre IPO)
13.15
EPS (Post IPO)
14.39
ROE
4.44%
P/E (Pre IPO)
15.21
P/E (Post IPO)
13.9
Price / Book
Market Cap
₹269Cr.
| Company | P/E | ROE | Revenue |
|---|---|---|---|
| Shankesh Jewellers Ltd. | 10.24 | ₹367.18 Cr | |
| Lalithaa Jewellery Mart Ltd. | 9.95 | ₹1,700.00 Cr | |
| Advit Jewels Ltd. | 18.41 | ₹165.16 Cr | |
| PNGS Reva Diamond Jewellery Ltd. | 10.96 | ₹379.52 Cr | |
| Shringar House of Mangalsutra Ltd. | 19.47 | ₹400.92 Cr | |
| SMR Jewels Ltd. | 18.01 | ₹63.74 Cr |
Priority Jewels Ltd. Address
MUFG Intime India Pvt. Ltd. (formerly Link Intime)