Nityas Gems & Jewellery IPO Day 3: Subscription Status, Timeline & Key Issue Details
The ₹108.35 crore Nityas Gems & Jewellery IPO entered Day 3 of bidding on October 5, 2026. Priced at ₹70 to ₹75 per share, the issue was subscribed 0.84 times by 10:12 AM.
The IPO closes today, with allotment expected on October 6, 2026 and listing tentatively scheduled for October 8, 2026 on the NSE and BSE.
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 3 Subscription Status
[October 5, 2026, 10:12 A.M.]
|
Category |
Subscription (x) |
|
Qualified Institutional Buyers (QIBs) |
0.38x |
|
Non-Institutional Investors (NIIs) |
0.58x |
|
Retail Individual Investors (RIIs) |
1.61x |
|
Employees |
1.11x |
|
Total |
0.84x |
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
Established in 2026, Nityas Gems & Jewellery Limited is engaged in designing, manufacturing and selling gold jewellery featuring lab-grown diamonds. The company operates through both B2B and D2C channels, catering to organised retailers, independent stores and wholesalers. It also serves customers directly through its subsidiary, Ayaani Diamonds and Jewellery Private Limited.
Its portfolio comprises rings, earrings, pendants, bracelets and mangalsutras, primarily focused on lightweight and affordable designs. The company supplies brands including GIVA, Palmonas, ONYA and Ladia Diamonds and has a presence in 18 states and 2 Union Territories. Its international reach extends to markets such as 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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