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Priority Jewels Ltd

Registered Office : Plot No 121 Street No 15/18,MIDC Andheri (East),Mumbai Maharashtra 400093 Phone : +91 22 6767 9898
Fax :

Email : cs@priorityindia.com

Website : www.priorityjewels.in

Initial public offering of up to 54,00,000 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. [*] per equity share (Including a Premium of Rs. [*] per Equity Share) ("Issue Price") aggregating up to Rs. [*] crores (the "Issue"). The issue comprises of a fresh issue of up to 54,00,000 equity shares of face value of Rs. 10/- each by the company aggregating up to Rs. [*] 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, may consider issue of specified securities, as may be permitted under applicable law to any person(s) prior to filing of the ("pre-ipo placement"). The pre-ipo placement, if undertaken, will be at a price to be decided by the company, in consultation with the brlm. If the pre-ipo placement is completed, the amount raised pursuant to the pre-ipo placement will be reduced from the issue, subject to compliance with Rule 19(2)(b) of the scrr. The pre-ipo placement, if undertaken, shall not exceed 20 % of the size of the issue. The utilisation of the proceeds raised pursuant to the pre-ipo placement will be done towards the objects in compliance with applicable law. Prior to the completion of the issue and the allotment pursuant to the pre-ipo placement, the company shall appropriately intimate the subscribers to the pre-ipo placement that there is no guarantee that the company may proceed with the issue or the issue may be successful and will result into listing of the equity shares on the stock exchanges. Further, relevant disclosures in relation to such intimation to the subscribers to the pre-ipo placement (if undertaken). The price band and the minimum bid lot size shall be decided by the company.

Issue

Opens On

Closes On

01-Jan-1970

Money Payable On

Application

Allotment

0.00

Minimum Application for shares in Nos : 0.0 Further Multiples of : 0.0

₹Cr

Lead Managers to the Issue

Project Cost (₹.Cr)

Project Financed through Current Offer (₹.Cr)

Post Issue Equity Share Capital (₹.Cr)

Issue Price (₹.Cr)

0.00

Mefcom Capital Markets Ltd

Projects

Repayment/Pre-payment in full or in part of certain borrowings availed by the company

General corporate purposes

Promoted By

Shailesh Sangani

Manisha Shailesh Sangani

Tushar Mehta

Listing At

Registrar to the Issue

MUFG Intime India Pvt Ltd