loader image
Connect with us

National News

Priority Jewels Raises ₹15.67 Crore in Pre-IPO Placement; Invictus Continuum Fund I Leads Investment

Mumbai-based diamond-studded jewellery maker allots 8.25 lakh shares at ₹190 each ahead of BSE and NSE listing

Published

on

1,492 Views

Mumbai-headquartered Priority Jewels Ltd., a manufacturer of diamond-studded gold and platinum fine jewellery, has successfully completed its pre-IPO placement, raising approximately Rs.15.67 crore.

The company, in consultation with its book running lead manager, issued 8,25,000 equity shares at ₹190 per share, including a premium of Rs.180 per share.

Among the key participants was Invictus Continuum Fund I, which was allotted 1,00,000 equity shares on 14 February 2026, aggregating to Rs.1.9 crore. Cheay Investments Private Limitedand Plutus Equity Investment Serviceswere each allotted 50,000 equity shares at Rs.190 per share, amounting to Rs.95 lakh each. The placement also saw participation from Maple Leaf Trading and Servicesalong with 18 other investors.

Priority Jewels designs, manufactures and supplies a diverse range of lightweight and affordable diamond-studded jewellery in gold and platinum. Its portfolio spans everyday wear — including rings, earrings, pendants, neckwear and bracelets — as well as contemporary occasion couture jewellery crafted using modern design and manufacturing techniques.

The company caters to leading organised retail chains such as CaratLane Trading Private Limited, Kalyan Jewellers India Limited, Reliance Retail Limited, Malabar Gold and Diamonds FZCO, Tribhovandas Bhimji Zaveri Limited and Senco Gold Limited, in addition to serving independent jewellers across India and select international markets.

According to a report by CARE Ratings, the company’s blend of craftsmanship and innovation has enabled it to build long-standing relationships with major retail jewellery players, reinforcing its position as a trusted supplier.

Mefcom Capital Markets will act as the book running lead manager for the IPO. The company plans to list its equity shares on both BSE and NSE.

Continue Reading
Advertisement JewelBuzz Banner
Click to comment
Subscribe
Notify of
guest
0 Comments
Oldest
Newest Most Voted
Inline Feedbacks
View all comments

National News

Celebrate Akshaya Tritiya with Timeless Investment From Candere

Blending Tradition With Modern Design, Candere’s Akshaya Tritiya Edit Redefines Gold and Diamond Jewellery As Everyday, Wearable Investments

Published

on

1,977 Views

Akshaya Tritiya has always been a significant occasion, rooted in the belief that investments made on this day bring lasting prosperity. Traditionally associated with buying gold, it has long symbolised good fortune and “eternal success.” Today, however, the way we celebrate the occasion is evolving. While the essence of inviting prosperity remains unchanged, the focus has shifted beyond simply storing gold. It is now equally about personal expression and meaningful gifting.

Jewellery is increasingly becoming an extension of individual style pieces that not only carry the auspicious sentiment of the day but are also designed to be worn and enjoyed every day.

Candere, the lifestyle jewellery brand from the house of Kalyan Jewellers, reflects this modern approach through designs that seamlessly blend tradition with contemporary aesthetics. Whether it’s a personal milestone purchase or a thoughtful gift, each piece is crafted to be both meaningful and effortlessly wearable.

Here’s what stands out in Candere’s Akshay Tritiya jewellery edit:

Parallely Braided Gold Bar Ring

A refined take on modern minimalism, the Parallely Braided Gold Bar Ring by Candere features a sleek open-band design with two parallel bars detailed in intricate braiding. Elegant and versatile, it’s perfect for everyday wear or stacking, offering a subtle blend of sophistication and contemporary style.

Oeshi Gold Pendant Necklace

A modern statement piece, the Oeshi Gold Pendant Necklace by Candere features a sleek circular design with layered accents and a bold central detail. Crafted in radiant gold and suspended on a delicate chain, it offers a perfect balance of elegance and contemporary style—ideal for both everyday wear and special occasions.

Glorious Links Diamond Chain Bracelet

This piece strikes a natural balance between occasion and everyday wear. The linked design gives it a clean, modern edge, while the diamond accents add just enough detail to make it feel special for the day. It’s easy to wear on its own or paired with a watch, and works just as well as a thoughtful gift, something that feels meaningful without being too formal.

Sleek Strength Diamond Men’s Pendant

Crafted in gold, the Sleek Strength Diamond Men’s Pendant features a streamlined, elongated form that highlights a structured, masculine design. The surface is accented with a neat arrangement of diamonds, adding a subtle touch of brilliance without overpowering its clean aesthetic. With its sharp lines and polished finish, the pendant is designed to sit comfortably against the neckline, making it a versatile piece that transitions seamlessly from everyday wear to occasion styling.

Asher Diamond Ring

The Asher Diamond Ring is defined by its geometric precision and refined construction. Set in gold, the ring features a cluster of well-cut diamonds arranged in a structured pattern that enhances their natural brilliance. The band is sleek and balanced, allowing the design to feel substantial yet easy to wear. Its contemporary silhouette, combined with classic diamond detailing, makes it ideal for both daily styling and more elevated occasions.

Continue Reading

Trending

JewelBuzz is Asia’s First Digital Jewellery Media & India’s No.1 B2B Jewellery Magazine, published by AM Media House. Since 2016, we’ve been the trusted source for jewellery news, market trends, trade insights, exhibitions, podcasts, and brand stories, connecting jewellers, retailers, and industry professionals worldwide.

We would like to hear from you...

GET WHATSAPP NEWS ALERTS

0
Would love your thoughts, please comment.x
()
x