Nityas Gems & Jewellery IPO is a Mainboard book-built issue of Nityas Gems and Jewellery Limited. The IPO comprises an entirely fresh issue of 1,44,56,000 equity shares aggregating up to ₹108.35 crore. The company is engaged in the design, manufacturing and sale of lab-grown diamond-studded gold jewellery in India. Its product portfolio includes jewellery designed for different customer segments, with a focus on contemporary designs and the growing demand for lab-grown diamonds.
The Nityas Gems & Jewellery IPO opens for subscription on 30 September 2026 and closes on 5 October 2026. The IPO price band is fixed at ₹70 to ₹75 per share, with a lot size of 200 shares. At the upper price band, the minimum retail investment is ₹15,000. The issue is structured as a fresh issue, meaning the funds raised through the IPO will be received by the company, subject to applicable issue expenses and the stated objects of the issue.
The company operates in the jewellery industry with a focus on gold jewellery featuring lab-grown diamonds. Lab-grown diamonds are diamonds produced using technological processes that replicate the conditions under which natural diamonds are formed. Nityas Gems & Jewellery aims to serve customers looking for jewellery that combines gold with lab-grown diamonds and contemporary designs. The company’s business activities cover key stages involved in the jewellery value chain, including product design, manufacturing and sale.
The shares of Nityas Gems & Jewellery Limited are proposed to be listed on both BSE and NSE, with the tentative listing date scheduled for 8 October 2026. Investors can review the IPO price band,
Table of Contents
Nityas Gems & Jewellery IPO Details Information
| Particular | Details |
|---|---|
| IPO Name | Nityas Gems & Jewellery IPO |
| Company Name | Nityas Gems and Jewellery Limited |
| IPO Type | Mainboard IPO |
| Issue Type | Book Build Issue |
| Face Value | ₹5 per Equity Share |
| IPO Price Band | ₹70 to ₹75 per Share |
| Total Issue Size | ₹108.35 Cr |
| Total Shares Offered | 1,44,56,000 Equity Shares |
| Fresh Issue | 1,44,56,000 Equity Shares |
| Offer for Sale | Nil |
| Listing At | BSE, NSE |
| IPO Open Date | 30 September 2026 |
| IPO Close Date | 5 October 2026 |
| Listing Date | 8 October 2026 |
| Market Lot | 200 Shares |
| Minimum Retail Application | 1 Lot / 200 Shares |
| Minimum Investment | ₹15,000 |
| Employee Discount | ₹7 per Share |
| Registrar | Bigshare Services Pvt. Ltd. |
| Lead Manager | Choice Capital Advisors Pvt. Ltd. |
The IPO is entirely a fresh issue, with the company proposing to issue 1,44,56,000 shares.
Nityas Gems & Jewellery IPO Dates
| IPO Event | Date |
|---|---|
| IPO Open Date | 30 September 2026 |
| IPO Close Date | 5 October 2026 |
| Basis of Allotment | 6 October 2026 |
| Initiation of Refunds | 7 October 2026 |
| Credit of Shares to Demat | 7 October 2026 |
| Listing Date | 8 October 2026 |
These dates are tentative and are based on the IPO timetable currently available.
Nityas Gems & Jewellery IPO Reservation
| Investor Category | Reservation |
|---|---|
| Qualified Institutional Buyers (QIB) | Not less than 75% of the Net Issue |
| Non-Institutional Investors (NII) | Not more than 15% of the Net Issue |
| Retail Individual Investors (RII) | Not more than 10% of the Net Issue |
Nityas Gems & Jewellery IPO Lot Size
Investors can bid for a minimum of 200 shares and in multiples thereof.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 200 | ₹15,000 |
| Retail (Max) | 13 | 2,600 | ₹1,95,000 |
| S-HNI (Min) | 14 | 2,800 | ₹2,10,000 |
| S-HNI (Max) | 66 | 13,200 | ₹9,90,000 |
| B-HNI (Min) | 67 | 13,400 | ₹10,05,000 |
About Nityas Gems & Jewellery Limited
Nityas Gems and Jewellery Limited is engaged in the design, manufacturing and sale of lab-grown diamond-studded gold jewellery in India. The company operates through a combination of business-to-business and direct-to-consumer channels.
The company’s B2B model supplies jewellery to retailers and wholesalers, while its D2C operations are conducted through its subsidiary, Ayaani Diamonds and Jewellery Private Limited. Its activities cover raw material management, product design, manufacturing, quality control, distribution and retail sales.
Its product portfolio includes rings, earrings, pendants, bracelets, mangalsutras, nose pins, necklaces, cufflinks and bangles. The company serves customers across 18 states and 2 union territories in India and also has international customers in markets including the UAE, Australia, Canada, Taiwan and Kenya.
Business Operations
- Design and manufacturing of lab-grown diamond-studded gold jewellery.
- B2B supply to jewellery retailers and wholesalers.
- D2C sales through the subsidiary Ayaani Diamonds and Jewellery Private Limited.
- In-house design, manufacturing and quality-control operations.
- Distribution across domestic and international markets.
- Product range covering jewellery for daily wear, special occasions and men.
Industry Overview
Nityas Gems & Jewellery operates in the gems and jewellery industry, with a specific focus on lab-grown diamond-studded gold jewellery. India’s jewellery market has been supported by organised retail, rising consumer spending and growing demand for branded jewellery. The lab-grown diamond segment provides an alternative to natural diamonds and is increasingly being incorporated into jewellery products.
Business Strategy
- Expand the company’s B2B customer base.
- Develop its D2C retail and online business.
- Strengthen in-house manufacturing and design capabilities.
- Increase presence in domestic and international markets.
- Utilise IPO proceeds to support working capital requirements.
Nityas Gems & Jewellery IPO Financial Information
| Financial Year | Total Assets (₹ Cr) | Revenue from Operations (₹ Cr) | PAT (₹ Cr) |
|---|---|---|---|
| FY2023 | 6.08 | 11.67 | 0.24 |
| FY2024 | 11.75 | 53.66 | 4.02 |
| FY2025 | 39.87 | 96.84 | 9.79 |
| H1 FY2026 | 101.86 | 88.54 | 8.53 |
Nityas Gems & Jewellery Limited has reported financial performance across revenue, profit and other key parameters in its financial statements. Investors can review the company’s revenue, profit after tax, earnings per share and other financial indicators to understand its operating performance and financial position before investing in the IPO. The financial information also provides a basis for evaluating the company’s business performance and valuation.
Nityas Gems & Jewellery IPO Financial Summary
| Particular | FY2023 | FY2024 | FY2025 |
|---|---|---|---|
| Revenue | ₹11.67 Cr | ₹53.66 Cr | ₹96.84 Cr |
| EBITDA | ₹0.49 Cr | ₹5.47 Cr | ₹12.90 Cr |
| PAT | ₹0.24 Cr | ₹4.02 Cr | ₹9.79 Cr |
| Assets | ₹6.08 Cr | ₹11.75 Cr | ₹39.87 Cr |
| Net Worth | ₹1.24 Cr | ₹5.28 Cr | ₹21.35 Cr |
| Total Debt | ₹1.31 Cr | ₹3.26 Cr | ₹7.11 Cr |
Nityas Gems & Jewellery IPO Key Performance Indicators
| KPI | FY2025 |
|---|---|
| EPS | ₹4.37 |
| NAV | ₹9.53 |
| ROE | 70.17% |
| ROCE | 63.18% |
| RoNW | 70.17% |
| EBITDA Margin | 13.32% |
| PAT Margin | 10.11% |
| Debt/Equity | 0.34x |
| P/E | Yet to be Updated |
Nityas Gems & Jewellery Limited’s key performance indicators include EBITDA margin, PAT margin, return on equity (ROE), return on capital employed (ROCE), return on assets (ROA), EPS and debt-to-equity ratio. As per the company’s DRHP, these indicators provide insights into its profitability, capital efficiency and financial position. For FY2025, the company reported an EBITDA margin of 13.32%, PAT margin of 10.11%, ROE of 45.85% and ROCE of 63.18%.
The company also reported improvement in its operating and profitability metrics compared with earlier financial years. Investors can use these KPIs along with revenue, profit, EPS and peer-company valuation metrics to assess the company’s financial performance and operating efficiency.
Objects of Nityas Gems & Jewellery IPO
The company proposes to utilise the net proceeds from the fresh issue for strengthening its working capital position and meeting general corporate requirements. The funds raised through the IPO are expected to support the company’s ongoing business operations and provide additional financial resources for its future requirements.
- Funding Working Capital: ₹70.00 crore for meeting the company’s working capital requirements.
- General Corporate Purposes: The balance amount will be utilised for general corporate purposes, subject to applicable limits and the terms of the IPO.
Nityas Gems & Jewellery IPO Listing Performance
| Particular | Details |
|---|---|
| Listing Date | 8 October 2026 |
| Listing Exchange | BSE, NSE |
| Issue Price | ₹70 to ₹75 |
| Listing Price | Yet to be Updated |
| Listing Gain/Loss | Yet to be Updated |
| Closing Price on Listing Day | Yet to be Updated |
Nityas Gems & Jewellery IPO Subscription Status
The Nityas Gems & Jewellery IPO will open for subscription on 30 September 2026 and close on 5 October 2026. Live subscription figures will be updated during the bidding period.
| Investor Category | Subscription |
|---|---|
| Qualified Institutional Buyers (QIB) | To be updated |
| Non-Institutional Investors (NII) | To be updated |
| Retail Individual Investors (RII) | To be updated |
| Total Subscription | To be updated |
Nityas Gems & Jewellery IPO GMP Today
No recorded Grey Market Premium (GMP) quote is currently available for Nityas Gems & Jewellery IPO. GMP refers to the unofficial premium at which IPO shares may trade in the grey market before their official listing. It is not regulated by stock exchanges and can change based on market sentiment, demand and other factors.
Investors should note that GMP is only an unofficial market indicator and should not be considered a reliable measure of the actual listing price or future performance of the stock. The final listing price may differ significantly from the prevailing GMP due to market conditions, subscription levels and investor demand.
GMP data should therefore be considered alongside the IPO price band, subscription figures, financial performance, valuation and broader market conditions. Investors should rely primarily on information disclosed in the company’s official offer documents when evaluating the Nityas Gems & Jewellery IPO.
Nityas Gems & Jewellery IPO GMP History
| Date | GMP | Kostak Rate | Subject to Sauda |
|---|---|---|---|
| 25 September 2026 | Yet to be Updated | Yet to be Updated | Yet to be Updated |
Nityas Gems & Jewellery IPO Review
Nityas Gems & Jewellery has reported significant growth in revenue and profitability across the reported financial periods. Revenue from operations increased from ₹11.67 crore in FY2023 to ₹96.84 crore in FY2025, while profit after tax (PAT) increased from ₹0.24 crore to ₹9.79 crore during the same period. The improvement in revenue and profitability reflects the company’s expansion in its jewellery business and growth in its operating scale.
The company operates an integrated B2B and D2C business model focused on lab-grown diamond-studded gold jewellery. Through these channels, it caters to different customer segments and participates across key activities including jewellery design, manufacturing and sales. The company’s focus on lab-grown diamonds forms an important part of its product offering within the broader gold jewellery market.
The IPO comprises an entirely fresh issue, and a significant portion of the net proceeds is proposed to be utilised for meeting the company’s working capital requirements. The additional funds are expected to support the company’s operational needs and provide financial resources for its ongoing business activities. The remaining proceeds are proposed to be used for general corporate purposes, subject to applicable limits.
Investors should consider the company’s revenue and profitability trends, key performance indicators, valuation, working-capital requirements and business model before evaluating the IPO. Industry competition, changing consumer preferences, risks associated with the jewellery business and other factors disclosed in the DRHP/RHP should also be reviewed. Investors should read the complete offer documents and consider their own investment objectives and risk tolerance before making an investment decision.
Nityas Gems & Jewellery IPO Strengths
- Integrated Business Model: The company combines B2B jewellery manufacturing and distribution with D2C operations.
- Lab-Grown Diamond Focus: The company is positioned in the growing lab-grown diamond jewellery segment.
- In-House Capabilities: Design, manufacturing and quality-control activities are supported by internal capabilities.
- Financial Growth: Revenue and PAT increased substantially between FY2023 and FY2025.
- Diversified Market Presence: The company serves customers across multiple Indian states and international markets.
Nityas Gems & Jewellery IPO Risk Factors
- Working Capital Requirement: A major portion of the IPO proceeds is intended for working capital.
- Competition: The jewellery market includes established organised and unorganised players.
- Lab-Grown Diamond Market: Changes in consumer preferences, pricing and competition may affect demand.
- Customer Dependence: Changes in relationships with key B2B customers could affect business performance.
- Raw Material Prices: Fluctuations in gold and diamond-related input prices can affect margins.
- Business Expansion: Expansion of B2B and D2C operations requires continued investment and execution.
Nityas Gems & Jewellery IPO Promoters
The promoters of Nityas Gems & Jewellery are Rajnikant Lallubhai Chanchad, Sonalben Rajnikant Chanchad and Savaliya Dhruv Janakbhai. The promoter and promoter group held 58.10% before the IPO.
| Promoter | Status |
|---|---|
| Rajnikant Lallubhai Chanchad | Promoter |
| Sonalben Rajnikant Chanchad | Promoter |
| Savaliya Dhruv Janakbhai | Promoter |
Nityas Gems & Jewellery IPO Management Team
| Name | Designation |
|---|---|
| Rajnikant Lallubhai Chanchad | Promoter |
| Sonalben Rajnikant Chanchad | Promoter |
| Savaliya Dhruv Janakbhai | Promoter |
Detailed management-team designations are not provided in the supplied source material and have therefore not been added without verification.
Nityas Gems & Jewellery IPO Registrar Details
Bigshare Services Pvt. Ltd. is the registrar to the Nityas Gems & Jewellery IPO. The registrar is responsible for processing applications and handling allotment-related activities.
| Particular | Details |
|---|---|
| Registrar Name | Bigshare Services Pvt. Ltd. |
| Phone | 8657578989 / 8069219065 / 8069219060 |
| [email protected] | |
| Website | ipo.bigshareonline.com |
Nityas Gems & Jewellery IPO Lead Manager Details
Choice Capital Advisors Pvt. Ltd. is the book-running lead manager of the Nityas Gems & Jewellery IPO.
| Particular | Details |
|---|---|
| Lead Manager | Choice Capital Advisors Pvt. Ltd. |
| Role | Book Running Lead Manager |
Nityas Gems & Jewellery Company Contact Details
| Particular | Details |
|---|---|
| Company Name | Nityas Gems & Jewellery 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 |
| Phone | +91 70462 19807 |
| [email protected] | |
| Website | www.nityas.in |
How to Check Nityas Gems & Jewellery IPO Allotment Status
Check on Bigshare Services
- Visit the Bigshare IPO status portal.
- Select Nityas Gems & Jewellery IPO from the issue list.
- Enter your PAN, application number or DP/Client ID.
- Submit the details to view the allotment status.
Check on BSE
- Visit the BSE IPO application-status section.
- Select Nityas Gems & Jewellery IPO.
- Enter your application number and PAN details.
- Submit the form to check the allotment status.
Conclusion
Nityas Gems & Jewellery IPO is a Mainboard book-built issue of ₹108.35 crore comprising an entirely fresh issue of 1,44,56,000 equity shares. The IPO price band is ₹70 to ₹75 per share, with a lot size of 200 shares. The issue is scheduled to open on 30 September 2026 and close on 5 October 2026, with the shares proposed to be listed on BSE and NSE on 8 October 2026.
Nityas Gems & Jewellery Limited operates in the lab-grown diamond-studded gold jewellery segment and serves customers through B2B and D2C channels. The company intends to use a significant portion of the IPO proceeds to meet its working capital requirements, while the remaining funds will be utilised for general corporate purposes.
Investors should consider the company’s financial performance, key performance indicators, valuation, IPO objects, industry conditions and associated risk factors before making an investment decision. Reviewing the DRHP/RHP and other official disclosures can help investors understand the company’s business, financial position and proposed use of IPO proceeds.
Nityas Gems & Jewellery IPO FAQs
What is Nityas Gems & Jewellery IPO?
Nityas Gems & Jewellery IPO is a Mainboard book-built IPO of Nityas Gems and Jewellery Limited with a total issue size of ₹108.35 crore.
What is the Nityas Gems & Jewellery IPO price band?
The price band is ₹70 to ₹75 per equity share.
What is the Nityas Gems & Jewellery IPO lot size?
The IPO lot size is 200 shares.
What is the minimum investment in Nityas Gems & Jewellery IPO?
The minimum investment for retail investors is ₹15,000 for 200 shares at the upper price band.
When does Nityas Gems & Jewellery IPO open and close?
The IPO opens on 30 September 2026 and closes on 5 October 2026.
What is the Nityas Gems & Jewellery IPO GMP today?
No recorded GMP quote is currently available. GMP is unofficial and does not guarantee listing performance.
What is the Nityas Gems & Jewellery IPO allotment date?
The tentative allotment date is 6 October 2026.
What is the Nityas Gems & Jewellery IPO listing date?
The tentative listing date is 8 October 2026 on BSE and NSE.
Who is the registrar of Nityas Gems & Jewellery IPO?
Bigshare Services Pvt. Ltd. is the registrar of the IPO.
Who is the lead manager of Nityas Gems & Jewellery IPO?
Choice Capital Advisors Pvt. Ltd. is the book-running lead manager of the IPO.
