Nityas Gems and Jewellery IPO GMP today is Rs 7. Investors can use this GMP along with price band and subscription status for a better IPO review.
Listed
Mainboard IPO
NITYAS
Nityas Gems and Jewellery IPO GMP, Subscription & Allotment Status Today
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.
- Price Band
- ₹70.00 - ₹75.00
- Lot Size
- 200 Shares
- Bidding Closes
- 05 Oct 2026
- Listing Date
- 08 Oct 2026
Current GMP Status
₹7
+9.33% vs upper band
Est. Listing Gain
+9.33%
Last Trend
08 Oct 2026
Listing Price
₹82.00
Retail Entry
₹15,000
IPO Details
Complete IPO information
| Current GMP | ₹7 |
|---|---|
| Estimated Listing Gain | +9.33% |
| Price Band | ₹70.00 - ₹75.00 |
| Issue Price | Approx ₹108.35 Crores |
| Listing Price | ₹82.00 |
| Lot Size | 200 Shares |
| Issue Type | Mainboard |
| Registrar | Bigshare Services Pvt. Ltd. |
| Exchange | BSE, NSE |
| Retail Quota | TBA |
| Overall Subscription | 2.25x |
| Listing Date | 08 Oct 2026 |
| Minimum Investment | ₹15,000 |
Demand Tracker
Subscription Status
| Category | Shares Reserved | Shares Applied | Subscription (x) |
|---|---|---|---|
| QIB | 71.78 | 75.76 | 1.06x |
| NII | 21.53 | 44.12 | 2.05x |
| Retail | 50.25 | 203.11 | 4.04x |
| Overall Subscription | 144.56 | 325.80 | 2.25x |
Day-wise demand
Nityas Gems and Jewellery IPO subscription status day-wise
| Day | QIB | NII | Retail | Total |
|---|---|---|---|---|
| Day 2 (01 Oct) | 0x | 0.11x | 0.52x | 0.2x |
| Day 4 (05 Oct) | 0.38x | 0.27x | 1.31x | 0.69x |
Subscription in times (x) at the end of each bidding day. Today's row updates through the day.
Company data
{Nityas Gems and Jewellery}: financials, valuation & listing
Listing details
| Listing date | 08 Oct 2026 |
|---|---|
| NSE symbol | NITYAS |
| BSE code | 544974 |
| ISIN | INE211501023 |
| Offer price | ₹70 – ₹75 |
| Face value | ₹5 |
| Listing price | ₹82.00 |
Valuation
| Return on equity (ROE) | 43.75% |
|---|---|
| Return on capital employed (ROCE) | 42.93% |
| EBITDA margin | 15.27% |
| PAT margin | 11.00% |
| Debt to equity | 0.29 |
| EPS | 5.52 (Basic) |
| P/E ratio | N/A |
| Return on net worth | 43.75% |
| NAV per share | 15.13 |
Financial history
| 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. |
Peer comparison
| Company | Income | EPS | P/E | RoNW | NAV |
|---|---|---|---|---|---|
| Golkunda Diamonds & Jewellery Limited | 281.50 Cr. | 19.66 | 16.61 | 18.81 | 115.22 |
| Goldiam International Limited | 976.86 Cr. | 15.11 | 21.69 | 18.38 | 97.95 |
| Renaissance Global Limited | 2,813.03 Cr. | 8.40 | 18.63 | 6.09 | 140.62 |
Use of proceeds
| Purpose | Amount (₹ crore) |
|---|---|
| Working Capital Requirement | 70 (64.61%) |
| General Corporate Purposes | 38.35 (35.39%) |
Key dates
| UPI mandate deadline | 05 Oct 2026 |
|---|---|
| Allotment finalised | 06 Oct 2026 |
| Refund initiation | 07 Oct 2026 |
| Shares credited | 07 Oct 2026 |
| Mandate end date | 20 Oct 2026 |
| Anchor lock-in ends (50%) | 04 Nov 2026 |
| Anchor lock-in ends (remaining) | 03 Jan 2027 |
Grey Market Premium (GMP) data is entirely unofficial and speculative, and is influenced by market sentiment, demand and supply for IPO shares, and market rumors. While GMP can provide an indication of the expected IPO listing price, it may not always be accurate and does not guarantee the actual listing price.
Head-to-head
Compare Nityas Gems and Jewellery IPO with similar IPOs
Analysis
IPO Snapshot & Investor Takeaways
At the upper end of its price band, Nityas Gems and Jewellery is priced at ₹75 per share. With a minimum lot size of 200 shares, a retail investor applying for one lot would need approximately ₹15,000 to participate in this Mainboard issue.
The latest recorded Grey Market Premium for Nityas Gems and Jewellery stands at ₹7, implying an estimated listing gain of around 9.33% over the issue price if it holds until listing. GMP reflects informal grey-market sentiment rather than a guaranteed outcome, and can change at any point until the day of listing.
As of the latest update, Nityas Gems and Jewellery's IPO was subscribed 2.25x overall, with a category-wise breakdown of Retail 4.04x, QIB 1.06x, NII 2.05x.
Mainboard IPOs list on the main platform of BSE/NSE, typically involve larger issue sizes, and draw participation across retail, HNI and institutional (QIB) investor categories.
Timeline
IPO roadmap at a glance
✓
Bidding Opens
30 Sept 2026
✓
Bidding Closes
05 Oct 2026
✓
Allotment
06 Oct 2026
✓
Listing
08 Oct 2026
Grey Market Premium
Daily GMP status
| Date | GMP | Change | Gain |
|---|---|---|---|
| 08 Oct 2026 | ₹1.00 | - | 1.33% |
| 07 Oct 2026 | ₹1.00 | - | 1.33% |
| 06 Oct 2026 | ₹1.00 | -₹2.00 | 1.33% |
| 05 Oct 2026 | ₹3.00 | - | 4.00% |
| 03 Oct 2026 | ₹3.00 | - | 4.00% |
| 02 Oct 2026 | ₹3.00 | -₹2.00 | 4.00% |
| 01 Oct 2026 | ₹5.00 | - | 6.67% |
| 30 Sept 2026 | ₹5.00 | -₹4.00 | 6.67% |
| 29 Sept 2026 | ₹9.00 | +₹4.00 | 12.00% |
| 28 Sept 2026 | ₹5.00 | - | 6.67% |
Swipe to see more →
Market Lot
Application size breakdown
| Category | Lots | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 Lot | 200 | ₹15,000 |
| Retail Maximum | 13 Lot | 2,600 | ₹1,95,000 |
| S-HNI Minimum | 14 Lot | 2,800 | ₹2,10,000 |
| S-HNI Maximum | 66 Lot | 13,200 | ₹9,90,000 |
| B-HNI Minimum | 67 Lot | 13,400 | ₹10,05,000 |
Swipe to see more →
Fund Utilization
Objects of the Issue & Official Documents
Analysis
Nityas Gems and Jewellery IPO Details
Nityas Gems and Jewellery IPO is a book building issue with an issue size of Approx ₹108.35 Crores. The IPO comprises a fresh issue of Approx ₹108.35 Crores and is proposed to be listed on the BSE, NSE. The IPO price band is set at ₹70 – ₹75 per equity share.
| Particular | Details |
|---|---|
| IPO Open Date | 30 Sept 2026 |
| IPO Close Date | 05 Oct 2026 |
| IPO Price Band | ₹70 – ₹75 |
| Issue Size | Approx ₹108.35 Crores |
| Fresh Issue | Approx ₹108.35 Crores |
| Issue Type | Mainboard |
| IPO Listing | BSE, NSE |
| DRHP Draft Prospectus | |
| RHP Draft Prospectus |
Note: The above Nityas Gems and Jewellery IPO details are based on the information provided for the issue.
Analysis
Nityas Gems & Jewellery IPO Reservation
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.
Analysis
Nityas Gems & 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.
Analysis
Nityas Gems and Jewellery IPO 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.
Analysis
Nityas Gems & Jewellery Promoters and Holding 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.
Analysis
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.
Analysis
Nityas Gems & Jewellery About 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.
Analysis
Nityas Gems and Jewellery Company Financials
| 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.
Analysis
Nityas Gems and Jewellery Company Valuation – FY2026
| 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.
Analysis
Nityas Gems and Jewellery IPO 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.
Analysis
Nityas Gems & Jewellery IPO Lead Managers aka Merchant Bankers
- Choice Capital Advisors Pvt.Ltd.
FAQ
Nityas Gems and Jewellery IPO FAQs
Nityas Gems and Jewellery IPO price band is Rs 70.00 to Rs 75.00. Check the latest issue price, lot size and GMP together before applying.
Nityas Gems and Jewellery IPO open date is 30 Sept 2026, close date is 05 Oct 2026, and listing date is 08 Oct 2026.
Nityas Gems and Jewellery IPO lot size is 200 shares. The minimum retail investment is Rs 15,000.
Nityas Gems and Jewellery is classified as a Mainboard IPO. This helps investors quickly understand the issue category and exchange segment.
Nityas Gems and Jewellery IPO subscription status currently shows Retail 4.04x, QIB 1.06x, NII 2.05x, Overall 2.25x.
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 issue size is TBA and the expected allotment date is 06 Oct 2026.
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