IPO details · Updated
Nityas Gems & Jewellery
- Price Band
- ₹70 – ₹75
- Lot Size
- 200 shares
- Min. Investment
- ₹15,000
- Issue Size
- ₹108.35 Cr
- Offer Dates
- 30 Sept – 5 Oct 2026
- Listing
- 8 Oct 2026
Issue Details
- Total Issue Size
- ₹108.35 Cr
- 1,44,46,667 shares
- Fresh Issue
- ₹108.35 Cr
- 1,44,56,000 shares
- Face Value
- ₹5 per share
- Issue Type
- Book-built IPO
- Listing At
- NSE, BSE
- Shares Pre-Issue
- 4,31,37,248
- Shares Post-Issue
- 5,75,93,248
IPO Timeline
Offer opens
30 Sept 2026
Offer closes
5 Oct 2026
Allotment
6 Oct 2026
Listing
8 Oct 2026
Issue Allocation
Share of the offer reserved for each investor category
- QIB49.7%71,78,000 shares
- NII14.9%21,53,400 shares
- Retail34.8%50,24,600 shares
- Employee0.7%1,00,000 shares
Subscription Status
Times subscribed by investor category
| Category | Offered | Bids | Subscribed |
|---|---|---|---|
| NII | 21,53,400 | 44,14,470 | 2.05x |
| HNIs 2+ | 14,35,600 | 22,42,400 | 1.56x |
| HNIs 10+ | 7,17,800 | 21,69,400 | 3.02x |
| Retail | 50,24,600 | 2,04,50,122 | 4.07x |
| QIB | 71,78,000 | 76,08,680 | 1.06x |
| Employee | 1,00,000 | 2,81,800 | 2.82x |
| Total | 1,44,56,000 | 3,27,55,072 | 2.27x |
Application-wise breakup(approx. no. of applications)
| Category | Max allottees | Applied | Times |
|---|---|---|---|
| HNIs 2+ | 513 | 167 | 0.33x |
| HNIs 10+ | 256 | 775 | 3.03x |
| Retail | 25,123 | 1,02,251 | 4.07x |
| Total applications | 1,03,193 | ||
Counts applications, not shares — the table above counts shares, so the multiples differ. Estimated from bid quantities.
NSE & BSE · updated 6/10/2026, 9:30:24 am
Lot Size & Investment
1 lot = 200 shares
Retail (min)
1 lot · 200 shares
Retail (max)
13 lots · 2,600 shares
S-HNI (min)
14 lots · 2,800 shares
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail | 1 | 200 | ₹15,000 |
| Small HNI (S-HNI) | 14 | 2,800 | ₹2,10,000 |
| Big HNI (B-HNI) | 67 | 13,400 | ₹10,05,000 |
Financial Performance
Restated figures in ₹ crore, unless stated otherwise
| Period | Mar-26 | Mar-25 | Mar-24 |
|---|---|---|---|
| Assets | 116.42 | 39.87 | 11.75 |
| Total Income | 203.33 | 96.85 | 53.66 |
| Profit After Tax | 22.32 | 9.79 | 4.02 |
| EBITDA | 30.97 | 12.9 | 5.48 |
| Net Worth | 79.43 | 22.57 | 5.33 |
| Reserves & Surplus | 40.87 | 20.11 | 4.28 |
| Total Borrowing | 9.08 | 7.11 | 3.26 |
Key Performance Indicators
| Period | Mar-26 | Mar-25 | Mar-24 |
|---|---|---|---|
| EPS (₹) | 5.17 | 4.37 | 1.83 |
| P/E (pre-issue) | 14.51 | — | — |
| P/E (post-issue) | 19.38 | — | — |
About Nityas Gems & Jewellery
Incorporated in April 2022, Nityas Gems and Jewellery designs, manufactures and sells gold jewellery set with lab-grown diamonds, starting operations in July 2022 as a business-to-business supplier to jewellery retailers. It supplies organised and standalone retailers and wholesalers across 18 states and two union territories, counting GIVA, Palmonas, ONYA and Ladia Diamonds among its customers, and has shipped to buyers in the UAE, Australia, Canada, Taiwan and Kenya. Through Ayaani Diamonds and Jewellery, acquired in July 2025, it also sells direct to consumers via an online store and ten retail outlets across eight cities, seven company-operated and three franchised as at 31 August 2026.
Company Information
Strengths (from RHP)
- The company sells both wholesale and direct to consumers, so it is not dependent on one route to market.
- Design and manufacturing are carried out in house rather than outsourced.
- Lab-grown diamond jewellery is a growing segment of the Indian market.
Key risks (from RHP)
- A large share of revenue comes from a small number of retail customers.
- Sales are concentrated in particular regions of India.
- Holding diamond and gold inventory ties up a significant amount of working capital.
- Book running lead managers
- Choice Capital Advisors Private Limited
- Registered office
- 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, Gujarat, 395008
Official Documents
Opens the source filing in a new tab
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Disclaimer: Data on OpenIPO is for information only and is not investment advice. OpenIPO is not a SEBI-registered entity. GMP figures are unofficial estimates and may change. Verify all details against the company RHP and the official registrar before investing.