IPO profile
Nityas Gems and Jewellery Limited
NITYAS · NSE
- Price band
- ₹70 - ₹75
- Subscription
- 1.37x
Application & Issue Details
- Minimum Quantity
- 200 shares
- Minimum Application
- ₹15,000
- Issue Size
- Rs. 108 Cr
- Face Value
- Not available
- Issue Price
- ₹75
Company Overview
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.
Important Dates
- Open Date
- 30 Sept 2026
- Close Date
- 5 Oct 2026
- Allotment Date
- Not available
- Listing Date
- 8 Oct 2026
Issue Timeline
- Issue open date
- Issue close date
- UPI mandate deadline
- Allotment finalization
- Refund initiation
- Share credit
- Listing date
- Mandate end date
- Lock-in end date for anchor investors (50%)
- Lock-in end date for anchor investors (remaining)
Subscription
- QIB
- 0.78x
- NII
- 1.37x
- Retail
- 2.21x
- Total
- 1.37x
Updated 25 Oct 2026, 12:31 pm · source: nse
Actual Listing Performance
- Listing Date
- 8 Oct 2026
- Actual Listing Price
- ₹80
- Gain/Loss Per Share
- +₹5
- Gain/Loss Per Lot
- +₹1,000
- Listing Gain/Loss %
- +6.67%
- Measured Against
- ₹75
- Lot Size
- 200 shares
Historical result from the reported listing price, compared with the issue price. Excludes brokerage, taxes and charges.
Company Strengths & Risks
Reported strengths
- Integrated business model spanning B2B manufacturing and D2C omnichannel retail.
- Rapidly expanding customer network servicing 323 B2B clients across 18 states.
- Design-led manufacturing facility in Surat supported by 122 in-house karigars.
- Strong focus on high-growth, affordable lightweight lab-grown diamond jewellery.
- Scalable financial performance with operating revenues compounding over 94% annually.
Key risks
- High customer concentration with top 10 clients driving 55.49% of FY26 revenues.
- Geographic concentration with five key states contributing over 85% of total sales.
- Operations are working capital intensive, requiring significant ongoing funding.
- Heavy reliance on top 10 suppliers who accounted for 86.16% of FY26 purchases.
- All manufacturing operations are concentrated at a single facility in Surat.
Company strengths and risks are informational summaries. Review the offer document for complete disclosures.
Documents & Coverage
IPO data last updated 25 Oct 2026, 12:31 pm IST · GMP: ipoalerts · subscription: nse · listing price: NSE/BSE
This page is for informational and educational purposes only. It is not investment advice and not a recommendation to buy, sell, or apply for this IPO. GMP and subscription figures are unofficial/may change. Please make your own independent decision.