Priority Jewels, which is engaged in designing, manufacturing and sale of a wide range of light-weight, affordable diamond-studded gold and platinum fine jewellery, has garnered Rs 27.45 crore from anchor investors ahead of its initial public offering, which opens for public subscription on Friday, August 28, 2026.The company informed the bourses that it allocated 13.72 lakh shares at Rs 200 per share to anchor investors.Some of the marquee institutions that participated in the anchor include Whiteoak Capital Equity Fund, Sanshi Fund - I, Plutus Investment Trust - Plutus Equity Investments Series and Khandelwal Finance Private Limited.IPO Details Priority Jewels has fixed the price band of Rs 190 to Rs 200 per Equity Share of face value Rs 10 each for its maiden initial public offer. The IPO will open on Friday, August 28 for subscription and close on Tuesday, September 01.Investors can bid for a minimum of 75 Equity Shares and in multiples of 75 Equity Shares thereafter.The offer, with a face value of Rs 10 per equity share, comprises a fresh issue of up to 45,75,000 equity shares.The proceeds from its fresh issuance worth Rs 75 crore will be utilised for repayment / pre-payment, in full or in part, of certain working capital borrowings availed by the company, and general corporate purposes.Company Information Incorporated in 2007, the company is engaged in designing, manufacturing and sale of a wide range of light-weight, affordable diamond-studded gold and platinum fine jewellery, and it sells directly to independent jewellers and jewellery chains in India as well as select international markets.The company supplies its products to leading jewellery chains, including CaratLane Trading Private Limited, Kalyan Jewellers India Limited, Reliance Retail Limited, Malabar Gold & Diamonds FZCO, Tribhovandas Bhimji Zaveri Limited and Senco Gold Limited.Its portfolio primarily comprises daily wear jewellery, including rings, earrings, pendants, neckwear, bracelets and occasion couture jewellery, all of which are developed using contemporary design approaches and modern manufacturing techniques.The company's revenue from operations was Rs 146.7 crore for the June 2026 quarter stood and its net profit of Rs 6.4 crore. The company’s revenue from operations was Rs 538.9 crore in FY26 as against Rs 410.5 crore in FY24.Mefcom Capital Markets is the book-running lead manager, and MUFG Intime India is the registrar of the offer. The equity shares are proposed to be listed on the NSE and BSE.