Nityas Gems & Jewellery’ initial public offering (IPO) is set to open for subscription on September 30, 2026. According to the Red Herring Prospectus (RHP), the ₹108.35 crore book-built issue comprises a fresh issue of up to 1.45 crore equity shares, with no offer for sale (OFS) by its existing shareholders.

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 Category-wise Investment Limits

The application size for each category is as follows -

Category	Investment Range
Qualified Institutional Buyers (QIBs)	Not less than 75% of the Net Issue
Non-Institutional Investors (NIIs)	Not more than 15% of the Net Issue
Retail Individual Investors (RII)	Not more than 10% of the Net Issue

The minimum investment amount for each category, based on the upper price band of ₹75 per share, is as follows -

Investor Category	Lots	Shares	Investment Amount (Approx.)
Retail (Minimum)	1	200	₹15,000
Retail (Maximum)	13	2600	₹1,95,000
sNII (Minimum)	14	2800	₹2,10,000
bNII (Minimum)	67	13400	₹10,05,000

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 through an integrated model combining B2B manufacturing and distribution to organized retailers, standalone retailers and wholesalers, and D2C omnichannel retail via its subsidiary, Ayaani Diamonds and Jewellery Private Limited. Its product range spans rings, earrings, pendants, bracelets, mangalsutras and more across daily wear, occasion, men's and customized segments, with a strategic focus on lightweight, affordable jewellery for younger consumers.

The company supplies design-led, customized jewellery to prominent retailers like GIVA, Palmonas, ONYA and Ladia Diamonds, along with standalone retailers and wholesalers across 18 states, 2 union territories, and export markets including the UAE, Australia, Canada, Taiwan and Kenya—supported by its manufacturing facility 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