Nityas Gems & Jewellery IPO Details

Factual IPO information from public filings. Not investment advice.

Issue Details

Price Band
₹70 – ₹75
Lot Size
200 shares
Min. Investment
₹15,000
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

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

ApplicationLotsSharesAmount
Retail1200₹15,000
Small HNI (S-HNI)142,800₹2,10,000
Big HNI (B-HNI)6713,400₹10,05,000

Financial Performance

Restated figures in ₹ crore, unless stated otherwise

Financial performance by period
PeriodMar-26Mar-25Mar-24
Assets116.4239.8711.75
Total Income203.3396.8553.66
Profit After Tax22.329.794.02
EBITDA30.9712.95.48
Net Worth79.4322.575.33
Reserves & Surplus40.8720.114.28
Total Borrowing9.087.113.26

Key Performance Indicators

Key performance indicators
PeriodMar-26Mar-25Mar-24
EPS (₹)5.174.371.83
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

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