Nityas Gems & Jewellery IPO
Updated 25 Sept 2026, 6:50 pm.
Minimum investment (Retail)
₹15,000
1 lot · 200 shares at the upper price band
Price band
₹70–75
Latest GMP
Not yet quoted
Est. listing price
—
Issue size
₹108.35 Cr
GMP history
Each point is a recorded observation from the scheduled data sync.
GMP is an unofficial, unregulated grey-market estimate — not a prediction of listing performance.
Issue details
- Board
- Mainboard
- Price band
- ₹70–75
- Issue size
- ₹108.35 Cr
- Lot size
- 200
- Opens
- 30 Sept 2026
- Closes
- 5 Oct 2026
- Allotment
- 6 Oct 2026
- Listing
- 8 Oct 2026
- Est. listing price
- —
- Listing price
- Awaited
- Listing gain
- Awaited
- Registrar
- Bigshare Services Pvt.Ltd.
- Minimum investment
- ₹15,000 (1 lot · 200 shares)
- Face value
- ₹5 per share
- Issue type
- Bookbuilding IPO
- Sale type
- Fresh capital only
- Fresh issue
- ₹108 Cr
- Listing at
- BSE, NSE
- Refunds
- 7 Oct 2026
- Shares credited
- 7 Oct 2026
- Promoter holding
- 58.1% before · — after
- Lead managers
- Choice Capital Advisors Pvt.Ltd.
Offer documents & links
Full issue details
Details as published for this issue, read 25 Sept 2026, 9:05 am. Verify against the RHP before applying.
IPO Details
| IPO Date | 30 Sep to 5 Oct, 2026 |
|---|---|
| Listing Date | Thu, Oct 8, 2026 T |
| Face Value | ₹ 5 per share |
| Price Band | ₹70 to ₹75 |
| Lot Size | 200 Shares |
| Sale Type | Fresh capital only |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Employee Discount | ₹ 7.00 |
| Total Issue Size | 1,44,56,000 shares (agg. up to ₹ 108 Cr) |
|---|---|
| Fresh Issue | 1,44,56,000 shares (agg. up to ₹ 108 Cr) |
| Share Holding Pre Issue | 4,31,37,248 shares |
| Share Holding Post Issue | 5,75,93,248 shares |
IPO Timetable (Tentative)
- IPO Open
- Wed, Sep 30, 2026
- IPO Close
- Mon, Oct 5, 2026
- Allotment
- Tue, Oct 6, 2026
- Refund
- Wed, Oct 7, 2026
- Credit of Shares
- Wed, Oct 7, 2026
- Listing
- Thu, Oct 8, 2026
Issue Reservation
| Investor Category | Shares |
|---|---|
| QIB | Not less than 75% of the Net Issue |
| Retail | Not more than 10% of the Net Issue |
| NII | Not more than 15% of the Net Issue. |
IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 200 | ₹15,000 |
| Retail (Max) | 13 | 2600 | ₹1,95,000 |
| S-HNI (Min) | 14 | 2800 | ₹2,10,000 |
| S-HNI (Max) | 66 | 13200 | ₹9,90,000 |
| B-HNI (Min) | 67 | 13400 | ₹10,05,000 |
Investors can bid for a minimum of 200 shares and in multiples thereof.
IPO Subscription Details
Investor Category Reservations
| Category | Limit | Cut-off |
|---|---|---|
| RII | Up to ₹2 Lakhs | Yes |
| sNII | ₹2 Lakhs – ₹10 Lakhs | No |
| bNII | Above ₹10 Lakhs | No |
| Employee (EMP) | Up to ₹2 Lakhs | Yes |
| Employee + RII/NII | Up to ₹2Lakhs (EMP) + RII/NII limits | Yes (EMP/RII) |
About Nityas Gems & Jewellery Ltd.
Founded in April 2026, Nityas Gems and Jewellery Limited specialises in the design, manufacturing, and sale of lab-grown diamond-studded gold jewellery in India.
The company operate through a business-to-business (B2B) model for retailers and wholesalers, as well as a direct-to-consumer (D2C) approach via our subsidiary, Ayaani Diamonds and Jewellery Private Limited.
The company's operations encompass the entire jewellery value chain, including raw material management, product design, manufacturing, quality control, distribution, and retail sales.
The company offers a variety of lab-grown diamond gold jewellery, including rings, earrings, pendants, bracelets, mangalsutras, nose pins, necklaces, cufflinks, and bangles, for daily wear, special occasions, men’s jewellery, and custom designs.
The company's key B2B customers include established jewellery retailers like ‘GIVA’, ‘Palmonas’, ‘ONYA’, and ‘Ladia Diamonds’.
The company supplies customised lab-grown diamond-studded gold jewellery based on its designs and specific customer requirements, including purity, weight, and finish. They ensure design-led development, consistent quality, and timely order execution to support our customer relationships.
The company's B2B operations are essential to its business, focusing on the design and supply of lab-grown diamond jewellery to retailers. The company serves the domestic market by supplying products to B2B customers in 18 states and 2 union territories in India, as well as to end customers through retail stores in seven cities and online sales.
Competitive Strength:
Integrated B2B and D2C business model with a growing and diversified customer base.
Manufacturing capabilities supported by in-house design and technology integration.
Well positioned to capitalise on the growth of lab grown diamond jewellery.
Skilled in-house workforce enabling quality control and reduced dependence on external job work.
Robust financial performance with consistent growth.
18 states and 2 union territories in India, as well as to international customers in the UAE, Australia, Canada, Taiwan, and Kenya.
Company Financials (Restated Consolidated)
Total Income
Profit After Tax
EBITDA
NET Worth
| Period Ended | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Assets | 39.87 | 11.75 | 6.08 |
| Total Income | 96.85 | 53.66 | 11.67 |
| Profit After Tax | 9.79 | 4.02 | 0.25 |
| EBITDA | 12.90 | 5.48 | 0.49 |
| NET Worth | 22.57 | 5.33 | 1.25 |
| Reserves and Surplus | 20.11 | 4.28 | 0.25 |
| Total Borrowing | 7.11 | 3.26 | 1.31 |
| Amount in ₹ Crore |
Recently Listed IPOs in Gems, Jewellery And Watches
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Deepa Jewellers Ltd. | Mainboard | ₹459.72 Cr | ₹177 | 13.85 | ₹194.37 | +9.81% | ₹194.18 |
| Priority Jewels Ltd. | Mainboard | ₹91.50 Cr | ₹200 | 15.21 | ₹241.50 | +20.75% | ₹303.99 |
| Shankesh Jewellers Ltd. | Mainboard | ₹367.18 Cr | ₹93 | 10.24 | ₹94.82 | +1.96% | ₹91.51 |
| Lalithaa Jewellery Mart Ltd. | Mainboard | ₹1,700.00 Cr | ₹201 | 9.95 | ₹248.44 | +23.60% | ₹370.50 |
| Advit Jewels Ltd. | Mainboard | ₹165.16 Cr | ₹138 | 18.41 | ₹179.46 | +30.04% | ₹275.76 |
| PNGS Reva Diamond Jewellery Ltd. | Mainboard | ₹379.52 Cr | ₹386 | 10.96 | ₹411.70 | +6.66% | ₹523.85 |
| SMR Jewels Ltd. | SME | ₹63.74 Cr | ₹128 | 18.01 | ₹103.05 | -19.49% | ₹96.00 |
| Yaashvi Jewellers Ltd. | SME | ₹43.88 Cr | ₹83 | 5.6 | ₹87.05 | +4.88% | ₹82.00 |
| Grover Jewells Ltd. | SME | ₹33.83 Cr | ₹88 | 12.31 | ₹100.80 | +14.55% | ₹368.55 |
| Luxury Time Ltd. | SME | ₹18.74 Cr | ₹82 | 12.57 | ₹163.59 | +99.50% | ₹67.11 |
View More »
IPO Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding Working Capital requirements of the Company | 70.00 |
| 2 | General corporate purposes | — |
| Total | 70.00 |
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
Key Performance Indicator (KPI)
| KPI | Mar 31, 2025 |
|---|---|
| ROE | 70.17% |
| ROCE | 63.18% |
| Debt/Equity | 0.34 |
| RoNW | 70.17% |
| PAT Margin | 10.11% |
| EBITDA Margin | 13.32% |
| NAV | 9.53 |
| Price to Book Value | 7.87 |
Check IPO Peer Comparison here.
IPO Valuation
| Valuation Metric | Pre IPO | Post IPO |
|---|---|---|
| EPS (₹) | 2.27 | 1.70 |
| P/E (x) | 33.04 | 44.12 |
| Market Cap at Offer Price | ₹323.53 Cr. | ₹431.95 Cr |
Disclaimer
The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue
The Pre IPO EPS is calculated based on Pre issue shareholding as on date of RHP and the latest FY earnings as of March 31, 2025 available in RHP.
The Post Issue EPS is calculated based on the Post issue shareholding and annualized FY earnings of March 31, 2025 available in RHP.
Shareholding Structure
Pre IPO
- Promoter and Promoter Group58.1%
- Public41.90%
| Category | Pre IPO | Post IPO |
|---|---|---|
| Promoter and Promoter Group | 58.1% | — |
| Public | 41.90% | — |
| Total | 100% | — |
Company Promoters: Rajnikant Lallubhai Chanchad, Sonalben Rajnikant Chanchad and Savaliya Dhruv Janakbhai.
Nityas Gems & Jewellery IPO Recommendations
| Review By | Subscribe | May Apply | Neutral | Avoid |
|---|---|---|---|---|
| Brokers | 0 | 0 | 0 | 0 |
| Members | 0 | 0 | 0 | 0 |
IPO Registrar
Bigshare Services Pvt.Ltd.
8657578989/8069219065/8069219060
ipo@bigshareonline.com
IPO Lead Manager(s)
Choice Capital Advisors Pvt.Ltd.
Contact Details
Nityas Gems & Jewellery Ltd. Address
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
+91 70462 19807
cs@nityas.in
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Nityas Gems & Jewellery: common questions
Answered from this issue's own record.
