Fox & Mandal advises Priority Jewels Ltd on IPO and NSE-BSE listing

Fox & Mandal served as sole legal counsel to Priority Jewels Ltd for its Initial Public Offering and subsequent listing on the National Stock Exchange of India and BSE Limited. The IPO, valued at approximately ₹106 crore, was underwritten by Mefcom Capital Markets Ltd.

The offering received strong market response, with the issue subscribed 100.45 times. Following successful completion, Priority Jewels shares debuted on stock exchanges on September 4, 2026, listing at approximately 15% premium to the IPO price.

Fox & Mandal's team, led by Partner Prashaant Rajput and Principle Associate Rudresh Mandal, advised on legal due diligence and drafting of the offer document.