Nityas Gems & Jewellery Ltd.

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Overview

Nityas Gems and Jewellery Limited designs, manufactures and sells lab-grown diamond studded gold jewellery in India through a vertically integrated model that combines B2B supply to jewellery retailers/wholesalers with D2C omnichannel retail under its subsidiary brand Aayaani. The company operates a Surat-based manufacturing facility with in-house design (CAD/CAM) and quality control, offers a broad catalogue across rings, earrings, pendants, bracelets, bangles, necklaces and related categories, and has a strategic emphasis on lightweight, affordable, fashion-forward daily-wear jewellery while also fulfilling customised retailer requirements.

Opening Date

Sep 30, 2026

Closing Date

Oct 05, 2026

Listing Date

Oct 08, 2026

IPO Type

Mainboard

IPO Status

Upcoming

Issue Size

108.35 Cr

Fresh Issue

108.35 Cr

Offer for Sale

0 Cr

Price Band

₹70 - ₹75

Lot Size

200

Grey Market PremiumGMP

₹6.00

Est. Listing gains

+8.00%

GMP Trend

Last updated 2 hours ago

IPO Timeline

Sep 30, 2026

Open Date

Oct 05, 2026

Close Date

Oct 06, 2026

Allotment Date

Oct 07, 2026

Initiation of Refunds

Oct 08, 2026

Listing Date

Financials

Revenue

Profit After Tax (PAT)

Use of IPO funds

Total IPO size₹108.35 Cr

Funding Working Capital requirements of our Company₹70 Cr

General corporate purposes₹0 Cr

Key Performance Indicator

P/E Ratio

14.51

EPS

5.17

ROE

43.75%

ROCE

42.93%

RONW

43.75%

Debt to Equity Ratio

0.29

PAT Margin

11%

EBITDA Margin

15.27%

P/B

4.96

Bull vs Bear

Bull case

•
The B2B plus D2C model can balance demand cycles, because retailer orders and direct consumer sales don’t move in perfect sync.
•
A large in-house design library and in-house karigars make faster customisation possible, which helps win repeat B2B orders that rivals can’t easily match.
•
The lab-grown diamond segment is expanding, so a specialist player may find room to grow without taking share from incumbents immediately.

Bear case

•
Revenue depends heavily on a few B2B customers, so one customer changing vendors or slowing purchases could hit sales and cash collections quickly.
•
Sales are concentrated in a handful of states, so local slowdowns, competition, or disruptions there could hurt results even if other regions are stable.
•
Working capital needs are rising sharply, so cash can get stuck in inventory and receivables, increasing borrowing reliance and finance costs.

Subscription Rate

Subscription data will be available once the IPO opens.

Application Details

Category	Price Band	Application Range	Lot Size
Regular			0

Frequently Asked Questions

The Nityas Gems & Jewellery Ltd. IPO is scheduled to open for subscription on Sep 30, 2026 and close on Oct 05, 2026. Investors can apply for shares during this period through eligible platforms.

The price band for the Nityas Gems & Jewellery Ltd. IPO is ₹70 to ₹75. Investors can place bids within this range once the issue opens.

The minimum lot size for the Nityas Gems & Jewellery Ltd. IPO is 200 shares. The minimum investment amount ₹15,000.

The total issue size of the Nityas Gems & Jewellery Ltd. IPO is approximately ₹108.35. Issue size represents the total value of shares offered to the public.

As per the latest available information, the Nityas Gems & Jewellery Ltd. IPO has been subscribed data will be available once the issue opens. Subscription levels can change significantly during the offer period.

The Grey Market Premium (GMP) for the Nityas Gems & Jewellery Ltd. IPO is ₹[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]. GMP reflects unofficial market sentiment and should not be considered a guarantee of listing performance.

The shares of Nityas Gems & Jewellery Ltd. are expected to list on stock exchanges on Oct 08, 2026, subject to completion of the allotment process and regulatory approvals.

The net proceeds from the Nityas Gems & Jewellery Ltd. IPO are proposed to be used for The main objects of the Issue are to utilise the Net Proceeds for the following object:, Funding Working Capital requirements of our Company, General corporate purposes.

Before applying for the Nityas Gems & Jewellery Ltd. IPO, investors generally review the company’s business model, financial performance, valuation, industry outlook, and risk factors mentioned in the offer document.