Priority Jewels Ipo
Priority Jewels IPO Review & Key Points
Review:
IPO Lead Managers aka Merchant Bankers
Mefcom Capital Markets Limited
| Name of the Company | Face Value (₹) | EPS basic (₹) | EPS Diluted (₹) | RONW (%) | P/E Ratio | NAV (₹) |
| Powerica Limited | 5 | 15.26 | 15.26 | 15.37 % | 24.45 | 99.76 |
| Listed Peers | ||||||
| Cummins India Limited | 2 | 72.15 | 72.15 | 26.45% | 64.13 | 272.78 |
| Kirloskar Oil Engines Limited | 2 | 33.71 | 33.60 | 15.85% | 43.24 | 212.60 |
| NTPC Green Energy Limited | 10 | 0.67 | 0.67 | 2.58% | 129.40 | 21.88 |
| Acme Solar Holdings Limited | 2 | 4.55 | 4.53 | 5.59% | 50.74 | 74.54 |
| Adani Green Energy Limited | 10 | 8.37 | 8.37 | 11.90% | 101.53 | 76.62 |
| IPO Open Date: | 2026 |
| IPO Close Date: | 2026 |
| Face Value: | ₹10 Per Equity Share |
| IPO Price Band: | ₹[.] to ₹[.] Per Share |
| Issue Size: | Approx ₹[.] Crores |
| Fresh Issue: | Approx ₹[.] Crores |
| Offer for Sale: | Approx [.] Equity Shares |
| Issue Type: | Book Built Issue |
| IPO Listing: | BSE & NSE |
| DRHP Draft Prospectus: | |
| RHP Draft Prospectus: |
| Application | Lot Size | Shares | Amount |
| Retail Minimum | – | – | ₹- |
| Retail Maximum | – | – | ₹- |
| S-HNI Minimum | – | – | ₹- |
| S-HNI Maximum | – | – | ₹- |
| B-HNI Minimum | – | – | ₹- |
| Investor Category | Share Offered | -% Shares |
| Anchor Investor | – Shares | -% |
| QIB (Ex. Anchor) | – Shares | 50% |
| NII Shares Offered | – Shares | 15% |
| Retail Shares Offered | – Shares | 35% |
| Anchor Bidding Date | 2026 |
| Anchor Investors List | |
| Shares Offered | [.] Shares |
| Anchor Size | [.] Cr. |
| lock-in period end date 50% shares (30 Days) | 2026 |
| lock-in period end date 50% shares (90 Days) | 2026 |
| IPO Open Date: | 2026 |
| IPO Close Date: | 2026 |
| Basis of Allotment: | 2026 |
| Refunds: | 2026 |
| Credit to Demat Account: | 2026 |
| IPO Listing Date: | 2026 |
| IPO Bidding Cut-off Time: | 2026- 5 PM |
| Particular | Shares | % Share |
| Promoter Holding Pre Issue | 1,26,00,000 | 100% |
| Promoter Holding Post Issue | 1,80,00,000 | -% |
| Purpose | Crores |
| Repayment / pre-payment, in full or in part, of certain borrowings availed by our Company | ₹75 |
| General corporate purposes | ₹- |
| Period Ended | Revenue | Expense | PAT | Assets |
| 2022 | ₹403.57 | ₹396.32 | ₹5.37 | ₹231.90 |
| 2023 | ₹471.42 | ₹465.32 | ₹4.50 | ₹280.48 |
| 2024 | ₹410.61 | ₹400.97 | ₹7.15 | ₹268.99 |
| December 2024 | ₹295.57 | ₹284.21 | ₹8.15 | ₹278.26 |
| KPI | Values |
| ROE: | 7.35% |
| ROCE: | 17.47% |
| EBITDA Margin: | 4.71% |
| PAT Margin: | 1.74% |
| Debt to equity ratio: | 1.32 |
| Earning Per Share (EPS): | ₹5.67 (Basic) |
| Price/Earning P/E Ratio: | N/A |
| Return on Net Worth (RoNW): | 7.54% |
| Net Asset Value (NAV): | ₹300.90 |
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
| Khazanchi Jewellers Ltd | 11.04 | 50.09 | 14.55% | 75.87 | 820.78 Cr. |
| RBZ Jewellers Ltd. | 8.23 | 16.82 | 14.38% | 51.87 | 327.43 Cr. |
| Ashapuri Gold Ornament Ltd. | 0.40 | 17.83 | 11.65% | 3.60 | 165.07 Cr. |
| Shringar House of Mangalsutra Ltd. | 4.39 | NA | 25.65% | 154.34 | 1101.52 Cr. |
| Period Ended | Revenue | Expense | PAT | Assets |
| 2023 | ₹184.81 | ₹154.97 | ₹32.10 | ₹251.58 |
| 2024 | ₹206.45 | ₹175.85 | ₹34.44 | ₹339.25 |
| 2025 | ₹322.58 | ₹261.43 | ₹28.13 | ₹455.49 |
| Dec 2025 | ₹236.50 | ₹186.96 | ₹38.69 | ₹561.34 |