Nityas Gems & Jewellery IPO
Nityas Gems & Jewellery IPO is a book-building public issue of ₹108.35 crore.
The issue is entirely a fresh issue of 1,44,56,000 equity shares aggregating to approximately ₹108.35 crore. There is no offer-for-sale component.
The IPO is scheduled to open for subscription on 30 September 2026 and close on 5 October 2026. The basis of allotment is expected to be finalized on 6 October 2026.
Nityas Gems & Jewellery shares are proposed to be listed on NSE and BSE, with a tentative listing date of 8 October 2026.
The IPO price band has been fixed at ₹70 to ₹75 per share, with a minimum lot size of 200 shares.
Nityas Gems & Jewellery IPO Details
Nityas Gems and Jewellery Ltd. is entering the primary market with a book-building IPO of approximately ₹108.35 crore. The entire issue comprises a fresh issue of 1,44,56,000 equity shares.
The IPO price band has been fixed at ₹70 to ₹75 per share. Investors can apply for a minimum of 200 shares and thereafter in multiples of the specified lot size.
At the upper price band of ₹75, a retail investor needs ₹15,000 for one minimum lot of 200 shares.
The company proposes to use the net proceeds primarily towards funding working capital requirements and general corporate purposes.
Nityas Gems & Jewellery IPO Details
| Particulars | Details |
|---|---|
| IPO Open Date | 30 September 2026 |
| IPO Close Date | 05 October 2026 |
| IPO Size | ₹108.35 Crore |
| Price Band | ₹70 to ₹75 per share |
| Face Value | ₹5 per share |
| Lot Size | 200 Shares |
| Issue Type | Book Building |
| Issue Structure | Fresh Issue Only |
| Listing Exchange | NSE and BSE |
| Total Issue Shares | 1,44,56,000 Shares |
| Fresh Issue | 1,44,56,000 Shares |
| Fresh Issue Amount | ₹108.35 Crore |
| Offer for Sale | Nil |
| Retail Investment | ₹15,000 at Upper Price Band |
| Expected Allotment | 06 October 2026* |
| Refund / Unblocking | 07 October 2026* |
| Demat Credit | 07 October 2026* |
| Tentative Listing Date | 08 October 2026* |
Nityas Gems & Jewellery IPO Issue Size
| Issue Component | Shares | Approx. Amount |
|---|---|---|
| Total Issue | 1,44,56,000 Shares | ₹108.35 Cr |
| Fresh Issue | 1,44,56,000 Shares | ₹108.35 Cr |
| Offer for Sale | Nil | Nil |
Nityas Gems & Jewellery IPO Investor Reservation
| Investor Category | Reservation |
|---|---|
| Qualified Institutional Buyers (QIB) | Not more than 50% of the Net Issue |
| Retail Individual Investors | Not less than 35% of the Net Issue |
| Non-Institutional Investors (NII) | Not less than 15% of the Net Issue |
Nityas Gems & Jewellery IPO Timeline
| Event | Date |
|---|---|
| IPO Opens | Wednesday, 30 September 2026 |
| IPO Closes | Monday, 05 October 2026 |
| Allotment | Tuesday, 06 October 2026* |
| Refund / Unblocking | Wednesday, 07 October 2026* |
| Shares Credited to Demat | Wednesday, 07 October 2026* |
| Listing | Thursday, 08 October 2026* |
Nityas Gems & Jewellery IPO Lot Size
The minimum IPO application size is 200 shares. Investors can submit bids in multiples of the prescribed lot size.
| Investor Category | Lots | Shares | Investment at ₹75 |
|---|---|---|---|
| Retail Minimum | 1 | 200 | ₹15,000 |
| Retail Maximum | 13 | 2,600 | ₹1,95,000 |
| S-HNI Minimum | 14 | 2,800 | ₹2,10,000 |
| S-HNI Maximum | 66 | 13,200 | ₹9,90,000 |
| B-HNI Minimum | 67 | 13,400 | ₹10,05,000 |
About Nityas Gems & Jewellery Ltd.
Nityas Gems and Jewellery Limited, incorporated in April 2022, is engaged in the design, manufacturing and sale of lab-grown diamond studded gold jewellery in India.
The company operates through an integrated business model comprising B2B manufacturing and distribution to organised retailers, standalone retailers and wholesalers, together with direct-to-consumer (D2C) omnichannel retail operations through its subsidiary, Ayaani Diamonds and Jewellery Private Limited.
Its operations cover raw material procurement, product design, manufacturing, quality control, distribution and branded retail.
Nityas Gems & Jewellery offers lab-grown diamond studded gold jewellery across categories including rings, earrings, pendants, bracelets, mangalsutras, nose pins, necklaces, cufflinks and bangles.
The company caters to daily wear, occasion-based, men’s jewellery and customised segments, with a focus on lightweight and affordable jewellery.
The company’s prominent B2B customers include GIVA, Palmonas, ONYA and Ladia Diamonds, among others. It supplies products based on its own designs as well as customised requirements relating to purity, weight, design and finishing.
The company commenced operations in July 2022 as a B2B manufacturer and supplier. It supplies jewellery across 18 states and 2 Union Territories in India and also serves customers in the UAE, Australia, Canada, Taiwan and Kenya.
Its manufacturing facility is located in Surat, Gujarat, with in-house designing, prototyping and production capabilities.
In July 2025, the company acquired Ayaani Diamonds and Jewellery Private Limited, a D2C lab-grown diamond jewellery brand operating an online storefront and physical retail stores.
As of 31 August 2026, the company had 192 full-time employees, including 122 in-house karigars and 29 designers.
Nityas Gems & Jewellery Business Strengths
- Integrated B2B manufacturing and D2C jewellery business model.
- Focus on lab-grown diamond studded gold jewellery.
- In-house design, manufacturing and quality-control capabilities.
- Customer reach across multiple Indian states and international markets.
- Growing B2B customer base including organised jewellery and lifestyle retailers.
- D2C presence through the Ayaani jewellery brand.
- Skilled in-house workforce comprising designers, karigars and operational personnel.
- Product portfolio covering daily wear, occasion-based and customised jewellery segments.
Nityas Gems & Jewellery IPO Objects of the Issue
The company proposes to utilise the net proceeds from the issue primarily towards funding working capital requirements and for general corporate purposes.
| # | Issue Objects | Estimated Amount |
|---|---|---|
| 1 | Funding Working Capital Requirements of the Company | ₹70.00 Cr |
| 2 | General Corporate Purposes | As specified in the offer documents |
Nityas Gems & Jewellery Financial Performance
Nityas Gems & Jewellery reported total income of ₹203.33 crore in FY2026 compared with ₹96.85 crore in FY2025. Profit after tax increased to ₹22.32 crore in FY2026 from ₹9.79 crore in FY2025.
| Particulars (₹ Crore) | FY2026 | FY2025 | FY2024 |
|---|---|---|---|
| Total Income | 203.33 | 96.85 | 53.66 |
| Profit After Tax | 22.32 | 9.79 | 4.02 |
| EBITDA | 30.97 | 12.90 | 5.48 |
| Net Worth | 79.43 | 22.57 | 5.33 |
| Total Borrowings | 9.08 | 7.11 | 3.26 |
| Assets | 116.42 | 39.87 | 11.75 |
Note: Financial figures are presented in ₹ crore and are based on the restated consolidated financial information supplied for the IPO.
Nityas Gems & Jewellery IPO Key Performance Indicators
| KPI | FY2026 / Relevant Period |
|---|---|
| ROCE | 42.93% |
| Debt / Equity | 0.29 |
| RoNW | 43.75% |
| PAT Margin | 11.00% |
| EBITDA Margin | 15.27% |
| NAV | ₹15.13 |
| Price to Book Value | 4.96x |
Nityas Gems & Jewellery IPO Valuation
The IPO price band is fixed at ₹70 to ₹75 per share. Based on the supplied IPO information, the post-issue valuation at the upper price band reflects an EPS of approximately ₹3.87 and a P/E multiple of approximately 19.38x.
| Valuation Metric | Pre IPO | Post IPO |
|---|---|---|
| EPS | ₹5.17 | ₹3.87 |
| P/E | 14.51x | 19.38x |
| Market Capitalisation | ₹323.53 Cr | ₹431.95 Cr |
| NAV | ₹15.13 | |
| Price to Book Value | 4.96x | |
Nityas Gems & Jewellery Shareholding Structure
| Category | Pre IPO | Post IPO |
|---|---|---|
| Promoter and Promoter Group | 58.10% | 43.51% |
| Public | 41.90% | 56.49% |
| Total | 100% | 100% |
Promoters: Rajnikant Lallubhai Chanchad, Sonalben Rajnikant Chanchad and Savaliya Dhruv Janakbhai.
Nityas Gems & Jewellery IPO Registrar & Lead Manager
IPO Registrar: Bigshare Services Pvt. Ltd.
Book Running Lead Manager: Choice Capital Advisors Pvt. Ltd.
Nityas Gems & Jewellery IPO Important Information
| Particulars | Details |
|---|---|
| Company | Nityas Gems and Jewellery Ltd. |
| IPO Type | Book Building Issue |
| IPO Size | ₹108.35 Crore |
| Price Band | ₹70 – ₹75 |
| Face Value | ₹5 per share |
| Lot Size | 200 Shares |
| Minimum Investment | ₹15,000 |
| Fresh Issue | ₹108.35 Crore |
| Offer for Sale | Nil |
| Listing | NSE and BSE |
| Registrar | Bigshare Services Pvt. Ltd. |
| Lead Manager | Choice Capital Advisors Pvt. Ltd. |
| IPO Open | 30 September 2026 |
| IPO Close | 05 October 2026 |
| Allotment | 06 October 2026* |
| Refund / Unblocking | 07 October 2026* |
| Demat Credit | 07 October 2026* |
| Listing Date | 08 October 2026* |
Nityas Gems & Jewellery IPO Quick Summary
Nityas Gems & Jewellery IPO is a book-building public issue of approximately ₹108.35 crore. The IPO is scheduled to open on 30 September 2026 and close on 05 October 2026.
The price band has been fixed at ₹70 to ₹75 per share, while the minimum application size is 200 shares. At the upper price band, one retail lot requires an investment of ₹15,000.
The entire issue consists of a fresh issue of 1,44,56,000 shares aggregating to approximately ₹108.35 crore. There is no offer-for-sale component.
Nityas Gems & Jewellery is engaged in the design, manufacturing and sale of lab-grown diamond studded gold jewellery. Its business model combines B2B manufacturing and distribution with D2C retail operations through its subsidiary Ayaani Diamonds and Jewellery Private Limited.
The company has an integrated manufacturing facility in Surat and serves customers across India as well as selected international markets. Its jewellery portfolio includes rings, earrings, pendants, bracelets, necklaces, bangles and other categories.
Nityas Gems & Jewellery IPO FAQs
Disclaimer
This Nityas Gems & Jewellery IPO information is provided for educational and informational purposes only. IPO investments are subject to market risks, and the actual listing price or post-listing performance may differ from expectations.
GMP figures are unofficial and may change frequently. Grey market premium should not be considered a guaranteed indication of the actual listing price or return.
Investors should read the company’s RHP, financial statements, risk factors and other official disclosures carefully before making an investment decision. TradingMinds does not provide investment advice and does not guarantee IPO listing gains.
*Dates marked with an asterisk are tentative and may change according to the IPO process and applicable regulatory or exchange timelines.
