- Issue price
- ₹75per share
- Issue size
- ₹108.35 Cr1,44,56,000 shares
- Face value
- ₹5per equity share
- Lot size
- 200 sharesMin. ₹15,000 at the upper price
- OpensWed, 2026
- ClosesMon, 2026
- AllotmentTue, 2026
- ListingThu, 2026
Dates marked in the offer document as tentative. Times in IST.
Information only, not investment advice. This page provides information compiled from official offer documents for information purposes only. It is not investment advice or a recommendation to apply for, buy or sell any security. We are not a SEBI-registered investment adviser or research analyst. Investments in IPOs are subject to market risks; read the offer document carefully before investing.
Issue details
- Issue type
- Book built, fresh issue
- Fresh issue
- 1,44,56,000 shares (₹108.35 Cr)
- Offer for sale
- None
- Total issue
- 1,44,56,000 shares (₹108.35 Cr)
- Face value
- ₹5
- Listing at
- NSE, BSE
Source: ProspectusUpdated
Reservation
Share of the total issue- QIB49.7%
- Retail34.8%
- NII14.9%
- Employees0.7%
| Category | Shares | Of net offer | Stated in RHP |
|---|---|---|---|
| Retail individual investors | 50,24,600 | 34.76% | 35% |
| Non-institutional investors (NII) | 21,53,400 | 14.90% | 15% |
| Qualified institutional buyers (QIB) | 71,78,000 | 49.65% | 50% |
| Employees | 1,00,000 | 0.69% | — |
Source: ProspectusUpdated
Lot size
Amounts at ₹75 per share| Category | Lots | Shares | Amount |
|---|---|---|---|
| Retail individual investors | 1 | 200 | ₹15,000 |
Source: ProspectusUpdated
Special quotas
- Employees
- ₹7 discount per share
Source: ProspectusUpdated
Subscription
Category-wise subscription is published by the exchanges while the issue is open. It appears here once the figures are added.
Valuation
Fiscal 2026, pre-issue- EPS (basic)
- ₹5.52
- P/E (Fiscal 2026 at lower price band)
- 12.68×
- P/E (Fiscal 2026 at higher price band)
- 13.59×
- RoNW
- 43.75%
- NAV per share
- ₹15.13
- NAV per share (At Issue Price)
- ₹30.65
- EBITDA margin
- 15.27%
- PAT margin
- 11.00%
- Debt to equity
- 0.29
Source: ProspectusUpdated
Financials
Consolidated, restated · ₹ crore| Period ended | 31 Mar 202612 months | 31 Mar 202512 months | 31 Mar 202412 months |
|---|---|---|---|
| Revenue from operations | 202.89 | 96.85 | 53.66 |
| Total income | 203.33 | 96.85 | 53.66 |
| EBITDA | 30.97 | 12.90 | 5.48 |
| Profit after tax | 22.32 | 9.79 | 4.02 |
| Net worth | 79.43 | 22.57 | 5.33 |
| Reserves and surplus | 40.87 | 20.11 | 4.28 |
| Total assets | 116.42 | 39.87 | 11.75 |
| Total borrowing | 23.42 | — | — |
12 months vs 12 months: revenue +109.5%, profit after tax +128.0%.
Source: ProspectusUpdated
About the company
The company designs, manufactures and sells lab-grown diamond studded gold jewellery, mainly selling to retailers and wholesalers on a B2B basis. It also runs a direct-to-consumer retail business through its subsidiary Ayaani Diamonds and Jewellery Private Limited, acquired in July 2025. Its manufacturing facility is in Surat, Gujarat.
- Incorporated
- 2022
- Industry
- Gems and Jewellery
- CIN
- U36996GJ2022PLC131404
- Website
- nityas.in
Source: ProspectusUpdated
Promoters and shareholders
| Name | Before issue | After issue |
|---|---|---|
| Savaliya Dhruv Janakbhai | — | — |
| Rajnikant Lallubhai Chanchad | 52.02% | — |
| Sonalben Rajnikant Chanchad | 3.98% | — |
Source: ProspectusUpdated
Objects of the issue
₹ crore| Purpose | Amount |
|---|---|
| Funding working capital requirements | 70.00 |
| General corporate purposes | 21.47 |
Source: ProspectusUpdated
Peer comparison
As listed in the offer document| Company | EPS | P/E | RoNW | NAV per share |
|---|---|---|---|---|
| Nityas Gems and Jewellery LimitedIssuer | ₹5.52 | 13.59× | 43.75% | ₹15.13 |
| Golkunda Diamonds & Jewellery Limited | ₹19.66 | 16.61× | 18.81% | ₹115.22 |
| Goldiam International Limited | ₹15.11 | 21.69× | 18.38% | ₹97.95 |
| Renaissance Global Limited | ₹8.4 | 18.63× | 6.09% | ₹140.62 |
Source: ProspectusUpdated
Strengths and risks
Our summary of what the offer document statesStrengths
- Revenue grew strongly from Fiscal 2024 to Fiscal 2026 on a B2B base.
- Integrated Surat manufacturing with in-house design and karigar team.
- Large and growing design portfolio supporting customer offerings.
- Entry into D2C retail through the Ayaani acquisition.
- Operates in the growing lab-grown diamond jewellery segment.
Risks
- Revenue is concentrated among a small number of B2B customers, with top 10 contributing 55.49% in Fiscal 2026.
- Working capital intensive business with rising inventory and receivables.
- Objects of the issue are not appraised by any bank or independent agency.
- Gold price and procurement dependence affects margins and working capital.
- Share price after listing may not reflect the issue price and trading may not be sustained.
Source: ProspectusUpdated
Documents
Contacts
Source: ProspectusUpdated
Allotment status
Check whether shares were allotted on the official pages below, using your PAN, application number or DP/client ID. Results appear once the basis of allotment is finalised.
- Allotment
- Refunds
- Demat credit
- Listing
Source: ProspectusUpdated
After listing
Listing price, day-one high and low, and the change from the issue price (₹75) appear here after the shares list on NSE and BSE.
Work out the gain or loss on allotted shares after charges and tax →
Frequently asked questions
When does the Nityas Gems and Jewellery IPO open and close?
According to the Prospectus, the issue opens on Wednesday, 30 September 2026 and closes on Monday, 5 October 2026.
What is the Nityas Gems and Jewellery IPO price band?
The final issue price is ₹75 per share.
What is the lot size of the Nityas Gems and Jewellery IPO?
One lot is 200 shares, which is ₹15,000 at ₹75 per share.
Where will Nityas Gems and Jewellery shares list?
On NSE and BSE. The tentative listing date is Thursday, 8 October 2026.
Who is the registrar of the issue?
Bigshare Services Private Limited (SEBI registration INR000001385). Allotment status is checked on the registrar's website.
How do I check the Nityas Gems and Jewellery IPO allotment status?
The basis of allotment is expected to be finalised on Tuesday, 6 October 2026. After that, search by PAN, application number or DP/client ID on the registrar's website (Bigshare Services Private Limited), the NSE website or the BSE website. Shares that are allotted are credited to your demat account; for an application that is not allotted, the blocked amount is released.
How will the money raised be used?
₹70 Cr for funding working capital requirements, ₹21.47 Cr for general corporate purposes.
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Spotted something wrong?
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