Nityas Gems & Jewellery IPO Day 2: Subscription Status, Timeline & Key Issue Details
The ₹108.35 crore Nityas Gems & Jewellery IPO entered its second day of subscription on October 1, 2026. The company, which manufactures and retails gold, diamond and other jewellery products, has set a price band of ₹70 to ₹75 per share. As of 10:00 AM on Day 2, the issue had been subscribed 0.24 times.
The issue will close on October 5, followed by the finalisation of the allotment on October 6. The shares are tentatively set to debut on the NSE and BSE 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 2 Subscription Status
[October 1, 2026, 10:00 A.M.]
|
Category |
Subscription (x) |
|
Qualified Institutional Buyers (QIBs) |
0.00x |
|
Non-Institutional Investors (NIIs) |
0.15x |
|
Retail Individual Investors (RIIs) |
0.60x |
|
Employees |
0.55 |
|
Total |
0.24x |
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. The company follows a B2B and D2C model, supplying organised retailers, standalone stores and wholesalers, while also selling directly through its subsidiary, Ayaani Diamonds and Jewellery Private Limited.
Its product range includes rings, earrings, pendants, bracelets and mangalsutras, with a focus on lightweight and affordable designs. The company supplies retailers such as GIVA, Palmonas, ONYA and Ladia Diamonds and has a presence across 18 states and 2 Union Territories, along with international markets including the UAE, Australia, Canada, Taiwan and Kenya.
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 |
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