GMP IPO Watch
Nityas Gems and Jewellery IPO
Nityas Gems and Jewellery IPO details, live grey market premium (GMP), dates, price band, lot size, subscription & review.
Nityas Gems and Jewellery IPO Details
Key facts at a glance| IPO Open Date | 29 September 2026 | IPO Close Date | 4 October 2026 |
|---|---|---|---|
| Basis of Allotment | 5 October 2026 | Listing Date | 7 October 2026 |
| Price Band | ₹70 - ₹75 per share | Face Value | ₹10 per share |
| Market Lot Size | 200 Shares | Min Investment (Retail) | ₹15,000 |
| Total Issue Size | ₹108.35 Cr | Issue Type | Book Built Issue IPO |
| Fresh Issue | ₹108.35 Cr | Offer for Sale (OFS) | — |
| Listing At | BSE, NSE | Issue Category | Mainboard Issue |
| Registrar | Bigshare Services Pvt. Ltd. | ||
Nityas Gems and Jewellery IPO Timetable (Tentative Dates)
| Event | Tentative Date | Status |
|---|---|---|
| IPO Open Date | 29 September 2026 | Confirmed |
| IPO Close Date | 4 October 2026 | Confirmed |
| Basis of Allotment | 5 October 2026 | Tentative |
| Initiation of Refunds | 7 October 2026 | Tentative |
| Credit of Shares to Demat | 7 October 2026 | Tentative |
| IPO Listing Date | 7 October 2026 | Tentative |
| Cut-off time for UPI Mandate Confirmation | 5 October 2026 (5:00 PM) | Deadline |
* Note: Timelines are tentative and subject to regulatory confirmation. UPI mandate approvals must be completed by 5:00 PM on the IPO closing day.
Nityas Gems and Jewellery IPO Lot Size & Investment Details
Application limits for Retail and HNI investors| Application Category | Lots | Shares | Amount (at Cut-off) |
|---|---|---|---|
| Retail (Min) | 1 Lot | 200 Shares | ₹15,000 |
| Retail (Max) | 13 Lots | 2,600 Shares | ₹1,95,000 |
| S-HNI (Min) | 14 Lots | 2,800 Shares | ₹2,10,000 |
| S-HNI (Max) | 66 Lots | 13,200 Shares | ₹9,90,000 |
| B-HNI (Min) | 67 Lots | 13,400 Shares | ₹10,05,000 |
Nityas Gems and Jewellery IPO Live GMP & Movement History
Daily unofficial grey market trends₹7 +9.3%
| Date | IPO GMP (₹) | Estimated Listing Price | Estimated Listing Gain (%) |
|---|---|---|---|
| 8 Oct 2026 | ₹1 | ₹76.00 | +1.33% |
| 7 Oct 2026 | ₹1 | ₹76.00 | +1.33% |
| 6 Oct 2026 | ₹1 | ₹76.00 | +1.33% |
| 5 Oct 2026 | ₹3 | ₹78.00 | +4.00% |
| 3 Oct 2026 | ₹3 | ₹78.00 | +4.00% |
| 2 Oct 2026 | ₹3 | ₹78.00 | +4.00% |
| 1 Oct 2026 | ₹5 | ₹80.00 | +6.67% |
| 30 Sept 2026 | ₹5 | ₹80.00 | +6.67% |
| 29 Sept 2026 | ₹9 | ₹84.00 | +12.00% |
| 28 Sept 2026 | ₹5 | ₹80.00 | +6.67% |
Nityas Gems and Jewellery IPO Subscription Status
Demand breakdown by investor categoryNityas Gems and Jewellery Company Financials
Restated figures (₹ in Crores)| Period | Total Assets | Total Revenue | Total Expenses | Profit After Tax (PAT) |
|---|---|---|---|---|
| 2023 | 6.08 Cr. | 11.67 Cr. | 11.36 Cr. | 0.25 Cr. |
| 2024 | 11.75 Cr. | 53.66 Cr. | 48.73 Cr. | 4.02 Cr. |
| 2025 | 39.87 Cr. | 96.85 Cr. | 84.95 Cr. | 9.79 Cr. |
| 2026 | 116.42 Cr. | 203.33 Cr. | 176.40 Cr. | 22.32 Cr. |
* Amounts reported in ₹ Crores as sourced from company regulatory filings (RHP/DRHP).
Nityas Gems and Jewellery IPO Valuation & KPIs
Key metrics pre-issueNityas Gems and Jewellery Peer Group Comparison
Listed industry peers| Company Name | P/E | EPS (₹) | RoNW (%) | NAV (₹) | Total Income |
|---|---|---|---|---|---|
| Golkunda Diamonds & Jewellery Limited | 16.61 | 19.66 | 18.81 | 115.22 | 281.50 Cr. |
| Goldiam International Limited | 21.69 | 15.11 | 18.38 | 97.95 | 976.86 Cr. |
| Renaissance Global Limited | 18.63 | 8.40 | 6.09 | 140.62 | 2,813.03 Cr. |
About Nityas Gems and Jewellery
Nityas Gems and Jewellery designs, manufactures, and sells lab-grown diamond-studded gold jewellery in India. The company operates through an integrated business model comprising business-to-business manufacturing and direct-to-consumer retail. Under its business-to-business vertical, it supplies customized and standardized jewellery to organized retail chains, standalone retailers, and wholesalers across multiple Indian states and select overseas markets. Its direct-to-consumer operations are conducted under the brand Ayaani through a subsidiary, featuring an online storefront alongside physical retail stores operated via company-owned and franchise models. The product portfolio includes rings, earrings, pendants, bracelets, mangalsutras, nose pins, necklaces, cufflinks, and bangles, with a strategic focus on lightweight, affordable luxury, and daily-wear jewellery segments. Manufacturing operations are conducted at a single facility in Surat, Gujarat, with an installed production capacity of 360 kilograms per annum, utilizing in-house karigars and computer-aided design capabilities for end-to-end jewellery fabrication.
Nityas Gems and Jewellery IPO Reservation & Share Quotas
The Nityas Gems & Jewellery IPO reservation is divided among qualified institutional buyers, non-institutional investors and retail investors. The QIB category has the largest portion of the issue, while NII and retail investors have separate reserved portions as shown below.
| Investor Category | Share Offered | % Shares |
|---|---|---|
| Anchor Investor | – Shares | -% |
| QIB (Ex. Anchor) | 71,78,000 Shares | 75% |
| NII Shares Offered | 21,53,400 Shares | 15% |
| Retail Shares Offered | 50,24,600 Shares | 10% |
Note: The reservation details are based on the information provided for the Nityas Gems & Jewellery IPO.
Nityas Gems and Jewellery IPO Anchor Investors
The Nityas Gems & Jewellery IPO anchor bidding is scheduled for September 29, 2026, one day before the public issue opens. The anchor investor details, including the shares offered and anchor issue size, will provide information about the participation of institutional investors ahead of the IPO.
| Particular | Details |
|---|---|
| Anchor Bidding Date | September 29, 2026 |
| Shares Offered | [.] Shares |
| Anchor Size | [.] Cr. |
| Lock-in Period End Date 50% Shares (30 Days) | 2026 |
| Lock-in Period End Date 50% Shares (90 Days) | 2026 |
Note: Anchor investor information is based on the details provided for the Nityas Gems & Jewellery IPO.
Nityas Gems and Jewellery IPO Important Dates
| Particular | Dates |
|---|---|
| IPO Open Date | 30 Sept 2026 |
| IPO Close Date | 05 Oct 2026 |
| Basis of Allotment | 06 Oct 2026 |
| Refunds | 07 Oct 2026 |
| Credit to Demat Account | 07 Oct 2026 |
| IPO Listing Date | 08 Oct 2026 |
Note: The timeline for Nityas Gems and Jewellery IPO is tentative and subject to change.
Nityas Gems and Jewellery Promoters and Shareholding Pattern
The promoters of Nityas Gems & Jewellery are Rajnikant Lallubhai Chanchad, Sonalben Rajnikant Chanchad and Savaliya Dhruv Janakbhai. The shareholding pattern below compares the promoter and promoter group ownership with the holdings of other shareholders before and after the IPO.
| Particular | Pre IPO Shares | Pre IPO % Shares | Post IPO Shares | Post IPO % Shares |
|---|---|---|---|---|
| Promoter and Promoter Group | 25,061,520 | 58.10% | 25,061,520 | 43.51% |
| Others* | 18,075,728 | 41.90% | 32,531,728 | 56.49% |
| Total | 43,137,248 | 100% | 57,593,248 | 100% |
Note: The holding pattern is presented based on the shareholding figures provided for the Nityas Gems & Jewellery IPO.
Nityas Gems and Jewellery Objects of the Issue & Utilisation of Proceeds
| Purpose | Crores |
|---|---|
| Working Capital Requirement | 70 (64.61%) |
| General Corporate Purposes | 38.35 (35.39%) |
Note: Objectives are as specified in the DRHP/RHP documents of Nityas Gems and Jewellery.
Nityas Gems and Jewellery About the IPO
Nityas Gems and Jewellery Limited is one of the leading companies in terms of diamond-studded gold jewellery. The company operates its business in two ways: business-to-business (B2B) manufacturing and distribution to retailers and wholesalers, and direct-to-consumer (D2C) omnichannel retail operations through its subsidiary, Ayaani Diamonds and Jewellery.
Its gold product portfolio includes rings, earrings, pendants, bracelets, mangalsutras, nose pins, necklaces, cufflinks, and bangles. The firm handles every process, from sourcing raw materials, designing, manufacturing, quality checks, distribution, and selling of products. Moreover, the firm also sells its products to other major jewellery brands such as GIVA, Palmonas, ONYA, and Ladia Diamonds.
Nityas Gems and Jewellery Company Financial Report
| Period | Revenue | Expense | PAT | Assets |
|---|---|---|---|---|
| 2023 | 11.67 Cr. | 11.36 Cr. | 0.25 Cr. | 6.08 Cr. |
| 2024 | 53.66 Cr. | 48.73 Cr. | 4.02 Cr. | 11.75 Cr. |
| 2025 | 96.85 Cr. | 84.95 Cr. | 9.79 Cr. | 39.87 Cr. |
| 2026 | 203.33 Cr. | 176.40 Cr. | 22.32 Cr. | 116.42 Cr. |
Note: Financial numbers for Nityas Gems and Jewellery are in ₹ Crores unless stated otherwise.
Nityas Gems and Jewellery Company Valuation & Key Performance Indicators
| KPI | Values |
|---|---|
| ROE | 43.75% |
| ROCE | 42.93% |
| EBITDA Margin | 15.27% |
| PAT Margin | 11.00% |
| Debt to Equity Ratio | 0.29 |
| Earning Per Share (EPS) | 5.52 (Basic) |
| Price/Earning P/E Ratio | - |
| Return on Net Worth (RoNW) | 43.75% |
| Net Asset Value (NAV) | 15.13 |
Note: Valuation KPIs for Nityas Gems and Jewellery are computed for FY2026.
Nityas Gems and Jewellery Peer Group Comparison
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
|---|---|---|---|---|---|
| Golkunda Diamonds & Jewellery Limited | 19.66 | 16.61 | 18.81 | 115.22 | 281.50 Cr. |
| Goldiam International Limited | 15.11 | 21.69 | 18.38 | 97.95 | 976.86 Cr. |
| Renaissance Global Limited | 8.40 | 18.63 | 6.09 | 140.62 | 2,813.03 Cr. |
Note: Peer group comparisons for Nityas Gems and Jewellery are sourced from DRHP filings.
Nityas Gems and Jewellery Lead Managers & Merchant Bankers
- Choice Capital Advisors Pvt.Ltd.
Nityas Gems and Jewellery IPO FAQs
Nityas Gems and Jewellery IPO opens for subscription on 29 September 2026 and closes on 4 October 2026.
The price band for Nityas Gems and Jewellery IPO is set at ₹70.00 to ₹75.00 per share.
The minimum market lot size is 200 shares. A retail investor can apply for a minimum of 1 lot requiring an investment of 200 Shares (₹15,000).
The latest Grey Market Premium (GMP) for Nityas Gems and Jewellery IPO is ₹7.00. GMP represents the unofficial premium at which shares trade prior to listing.
The basis of allotment for Nityas Gems and Jewellery IPO is tentatively scheduled for 5 October 2026, and shares are expected to list on the stock exchanges on 7 October 2026.
Bigshare Services Pvt. Ltd. is the official registrar for Nityas Gems and Jewellery IPO. Investors can check their IPO allotment status directly on the registrar's portal once finalized.