Nityas Gems & Jewellery

Nityas Gems & Jewellery IPO

Listed

MainboardOpens 30 September 2026Closes 5 October 2026

Incorporated in 2022, Nityas Gems and Jewellery Limited specialises in the design, manufacturing, and sale of lab-grown diamond (LGD) studded gold jewellery in India. The company operates through a B2B model supplying…

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Live GMPSubscriptionAllotment
Price band
₹70 - ₹75
Issue size
₹108.35 Cr
Lot size
200 shares
Type
Mainboard
GMP
₹1 (+1.3%)
Est. listing
₹76
Est. profit / app
₹200
Retail quota
35.00%

Key ratios

As per RHP / filings
Face value
₹5
EPS
3.87
P/E ratio
19.38
RoNW
43.75%
ROE
42.93%
Debt / Equity
0.29
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Timeline

  1. IPO Opens

    30 Sept 2026

  2. IPO Closes

    5 Oct 2026

  3. Allotment

    6 Oct 2026

  4. Listing

    8 Oct 2026

IPO Timeline & Listing Details

EventDate
IPO Open Date30 September 2026
IPO Close Date5 October 2026
Allotment Date6 October 2026
Listing Date8 October 2026

Investment Categories

CategoryLotsAmount
Retail (Min)
1₹15,000
Retail (Max)Just less than ₹2,00,000
13₹1,95,000
SHNI (Min)Just above ₹2,00,000
14₹2,10,000
SHNI (Max)Below ₹10,00,000
66₹9,90,000
BHNIAbove ₹10,00,000
67₹10,05,000

IPO Reservation Details

CategoryReservation
QIB (Qualified Institutional Buyer)50.00%
NII (Non-Institutional Investor)15.00%
SHNI (Small Non-Institutional Investor)5.00%
BHNI (Big Non-Institutional Investor)10.00%
Retail35.00%
Total100.00%

IPO Objectives

  • Funding Working Capital requirements of the Company (₹70.00 Cr).
  • General Corporate Purposes.

Strengths

  • Integrated B2B and D2C business model spanning the entire diamond-studded jewellery value chain from CAD/CAM design to retail distribution.
  • In-house manufacturing setup located in Surat, Gujarat, equipped with multi-stage casting, waxing, setting, and polishing machinery.
  • Diversified institutional customer relationships across 18 states and 2 union territories, supplying recognized retail brands including GIVA, Palmonas, ONYA, and Ladia Diamonds.
  • Expansion into high-margin omnichannel D2C jewellery retailing through subsidiary Ayaani Diamonds and Jewellery Private Limited.

Weaknesses

  • Revenue concentration with top 10 customers generating 55.49% of operational revenues in FY26.
  • Geographic concentration with 85.03% of revenue derived from five key states (Gujarat, Karnataka, Maharashtra, Telangana, and Tamil Nadu).
  • High raw material procurement concentration, with the top 10 vendors supplying 86.16% of total purchases without long-term supply contracts.
  • Working capital-intensive model driven by inventory accumulation and extended credit terms, leading to negative operating cash flows.
  • Single manufacturing facility concentration in Surat, Gujarat, exposing production to regional and environmental disruptions.
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Financial Performance

Period Ended31 Mar 202631 Mar 202531 Mar 2024
Assets (₹ Cr.)116.4239.8711.75
Revenue (₹ Cr.)203.3396.8553.66
PAT (₹ Cr.)22.329.794.02
Net Worth (₹ Cr.)79.4322.575.33

Peer Comparison

CompanyP/B RatioP/E RatioRONW (%)Net Worth (₹ Cr.)
Nityas Gems & Jewellery4.9619.3843.75%79.43
Renaissance Global Ltd.1.1816.236.61%1,544
Goldiam International Ltd.4.2722.3815.42%1,111

Subscription Details

Daily Bids Status

CategoryDay 1Day 2Day 3
QIB0x0.38x1.06x
NII0.11x0.27x2.05x
S-HNI0.21x0.49x3.02x
B-HNI0.06x0.16x1.56x
RII0.52x1.32x4.07x
EMP0.53x0.95x2.82x
Total0.2x0.69x2.26x

Overall Subscription Statistics

CategoryShares OfferedShares BidBid Amount (₹ Cr)
QIB71,78,00075,75,60056.82
NII21,53,40044,11,80033.09
Small NII7,17,80021,69,40016.27
Big NII14,35,60022,42,40016.82
RII50,24,6002,04,42,600153.32
EMP1,00,0002,81,8002.11
Total1,44,56,0003,27,11,800245.34
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Company Details

  • Nityas Gems and Jewellery Limited
  • Sector-1, 6th & 7th Floor, Ratih House, SY-376, TPS-4, PI-7, Paiki Part-B, Parshottam Farm Compound, Opp. Podar Arcade, Varachha Road, A. K. Road, Surat – 395 008, Gujarat, India
  • +91 70462 19807
  • cs@nityas.in
  • https://www.nityas.in

Registrar Details

Frequently Asked Questions

What is the primary business of Nityas Gems and Jewellery Limited?
Nityas Gems and Jewellery Limited designs, manufactures, and sells lab-grown diamond studded gold jewellery across B2B retail partnerships and D2C branded stores and online channels.
When does the Nityas Gems & Jewellery IPO open and close?
The IPO opens for public bidding on Wednesday, September 30, 2026, and closes on Monday, October 5, 2026 (Anchor bidding took place on Tuesday, September 29, 2026).
What is the price band and minimum application size for retail investors?
The price band is fixed at ₹70.00 to ₹75.00 per equity share. Retail investors can bid for a minimum of 1 lot (200 shares), amounting to an investment of ₹15,000 at the upper price band.
What is the total issue size and issue structure of the Nityas Gems & Jewellery IPO?
The total issue size is ₹108.35 Crore, comprising a 100% Fresh Issue of 14,456,000 equity shares of face value ₹5 each (including a reservation of up to 100,000 shares for eligible employees at a ₹7 discount), with no Offer for Sale (OFS) component.
When and where will the equity shares of Nityas Gems & Jewellery list?
The equity shares are scheduled to list on the Mainboard platforms of both BSE and NSE on Thursday, October 8, 2026.

Nityas Gems & Jewellery IPO News & Updates

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Nityas Gems & Jewellery IPO IPO Pages

Open related pages for this IPO: details, GMP, subscription, allotment, review, FAQ, registrar, timeline, and news.

Nityas Gems & Jewellery IPO Details

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Nityas Gems & Jewellery IPO GMP

Live grey market premium and listing estimate

Nityas Gems & Jewellery IPO Subscription

QIB, NII, Retail, SHNI and BHNI subscription

Nityas Gems & Jewellery IPO Allotment

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Nityas Gems & Jewellery IPO Review

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Nityas Gems & Jewellery IPO FAQ

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Nityas Gems & Jewellery IPO Registrar

Registrar website and how to check allotment

Nityas Gems & Jewellery IPO Timeline

Open, close, allotment, and listing dates

Nityas Gems & Jewellery IPO News

Updates, blogs, and latest IPO news

Sources

We match Nityas Gems & Jewellery IPO IPO numbers with official sources. For final dates and allotment results, double-check the registrar or exchange.

  • SEBIRules for IPO allotment and disclosures in India
  • NSEExchange notices, bidding data, and listing updates
  • BSEExchange notices and IPO allotment check tools
  • RHP / Offer DocumentCheck the company RHP on NSE/BSE or the IPO detail page
  • Bigshare Services Private LimitedOfficial site to check allotment status for this IPO

Also read our Editorial Policy, How GMP is calculated, How allotment chances work, and IPO fund allocation.

Reviewed by

Dinesh Agrawal · Lead IPO Analyst

15+ years in Indian markets and IPO research. He reviews IPO dates and key details before they go live.

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