Nityas Gems & Jewellery's ₹108.35 crore initial public offering (IPO) opened for public subscription today, September 30, 2026, with a price band of ₹70 to ₹75 per share. As of 10:05 A.M. on the first day of bidding, the issue had been subscribed 0.01 times.

The IPO will remain open until October 5, 2026. The basis of allotment is expected to be finalised on October 6, 2026, and the shares are tentatively scheduled to be listed on the BSE and NSE on October 8, 2026.

Nityas Gems & Jewellery IPO - Issue Details

Issue Type: Book Built Issue (Fresh Issue only)
Total Issue Size: Up to ₹108.35 crore
Fresh Issue: Up to 1.45 crore equity shares
Offer for Sale (OFS): Not Applicable
Face Value: ₹5 per equity share
Price Band: ₹70 to ₹75 per share
Lot Size: 200 shares
Minimum Investment Amount (Retail Investor): ₹15,000 (200 shares at the upper price)
Listing: BSE, NSE
Book Running Lead Managers: Choice Capital Advisors Private Limited
Registrar: Bigshare Services Private Limited

Nityas Gems & Jewellery IPO Timeline (Tentative)

The expected IPO schedule is as follows:

Event	Date
Subscription Opening Date	30 September 2026
Subscription Closing Date	5 October 2026
Basis of Allotment Date	6 October 2026
Refund Initiation Date	7 October 2026
Credit of Shares	7 October 2026
Listing on BSE and NSE	8 October 2026

Note: The allotment and listing dates are tentative and may be revised.

Explore other Upcoming IPOs on BSE and NSE.

Nityas Gems & Jewellery IPO Day 1 Subscription Status

[September 30, 2026, 10:00 A.M.]

Category	Subscription (x)
Qualified Institutional Buyers (QIBs)	0.00x
Non-Institutional Investors (NIIs)	0.01x
Retail Individual Investors (RIIs)	0.02x
Total	0.01x

Utilisation of IPO Proceeds

The company intends to utilise the net proceeds from the fresh issue towards:

Funding the working capital requirements of the company
General corporate purposes.

About Nityas Gems & Jewellery Limited

Incorporated in 2026, Nityas Gems & Jewellery Limited designs, manufactures and sells lab-grown diamond-studded gold jewellery in India. Its business model combines B2B manufacturing and distribution to organised retailers, standalone stores and wholesalers with D2C omnichannel retail through its subsidiary, Ayaani Diamonds and Jewellery Private Limited. Its product portfolio includes rings, earrings, pendants, bracelets and mangalsutras, covering daily wear, occasion, men’s and customised jewellery, with an emphasis on lightweight and affordable designs for younger consumers.

The company supplies customised, design-focused jewellery to retailers such as GIVA, Palmonas, ONYA and Ladia Diamonds, along with standalone retailers and wholesalers across 18 states and 2 Union Territories. It also serves international markets including the UAE, Australia, Canada, Taiwan and Kenya, with manufacturing operations based in Surat, Gujarat.

Key Financial Highlights

Particulars	Six-month period ended September 30, 2025 (in ₹ crore)	FY25 (in ₹ crore)	FY24 (in ₹ crore)
Revenue from operations	88.55	96.85	53.66
EBITDA	11.46	12.90	5.48
Profit After Tax (PAT)	8.53	9.79	4.02