Nityas Gems & Jewellery Limited
Bookbuilding IPO · NSE, BSE
- Price band
- ₹70 - ₹75
- Lot size
- 200 shares
- Issue amount
- ₹108.35 cr
- Total subscription
- 2.25×
- Opens
- 30 Sept 2026
- Closes
- 5 Oct 2026
- Allotment
- 6 Oct 2026
- Listing
- 8 Oct 2026
Offer at a glance
Issue overview
- Issue size
- 1,44,56,000 shares
- Face value
- ₹5 per share
- Minimum investment
- ₹14,000
- Fresh issue
- ₹108.35 cr
- Offer for sale
- ₹0 cr
- Registrar
- Bigshare Services Private Limited
- Listing exchange
- NSE, BSE
- Maximum investment
- ₹15,000
- Issue type
- Bookbuilding IPO
- Shares before issue
- 4,31,37,248
- Shares after issue
- 5,75,93,248
Lot sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| RETAIL | 1 | 200 | ₹15,000 |
| sHNI | 14 | 2,800 | ₹2,10,000 |
| bHNI | 67 | 13,400 | ₹10,05,000 |
Share reservation
Subscription & GMP
Subscription by category
Reported 5 Oct 2026
GMP history
Day-wise demand
Application-wise demand
| Category | Reserved applications | Applied applications |
|---|---|---|
| RETAIL | 25,123 | 85,826 |
| EMPLOYEES | 0 | 502 |
| HNIs(10L +) | 513 | 166 |
| HNIs (2-10L) | 256 | 712 |
Subscription demand
Amounts in ₹ crore. HNI subcategories are included in the NII total.
| Category | Offered | Demand |
|---|---|---|
| QIBs | 53.84 | 56.82 |
| RETAIL | 37.68 | 152.35 |
| NIB | 16.15 | 32.32 |
| HNIs 2+ | 5.38 | 16.27 |
| HNIs 10+ | 10.77 | 16.82 |
| EMPLOYEES | 0.75 | 2.11 |
| HNIs | 16.15 | 33.09 |
Financial performance
Company financials
In Crores · Reported periods may include interim results.
Key performance indicators
| Metric | Mar-26 | Mar-25 | Mar-24 |
|---|---|---|---|
| EPS | 5.17 | 4.37 | 1.83 |
| ROE | 0 | 0 | 0 |
| ROCE | 42.93 | 63.14 | 88.39 |
| RONW | 43.75 | 70.17 | 122.44 |
| PRE IPO(PE) | 14.51 | 0 | 0 |
| POST IPO(PE) | 19.38 | 0 | 0 |
Values and labels as reported in the issue data.
Peer comparison
| Company | P/E(X) | CMP* (₹) | Face value (₹) | NAV/Share (₹) | RONW(%) | EPS (Basic) (₹) |
|---|---|---|---|---|---|---|
| Nityas Gems and Jewellery Limited | 14.51 | 0 | 5.00 | 15.13 | 43.75 | 5.52 |
| Golkunda Diamonds & Jewellery Limite | 16.61 | 0 | 10.00 | 115.22 | 18.81 | 19.66 |
| Goldiam International Limited | 21.69 | 0 | 2.00 | 97.95 | 18.38 | 15.11 |
| Renaissance Global Limited | 18.63 | 0 | 2.00 | 140.62 | 6.09 | 8.40 |
Company information
Company profile
Founded in April 2026, Nityas Gems and Jewellery Limited is engaged in designing, manufacturing, and selling lab-grown diamond-studded gold jewellery in India. The company works through both B2B and D2C models, supplying jewellery to retailers and wholesalers while also selling directly to customers through its subsidiary, Ayaani Diamonds and Jewellery Private Limited. It manages the entire jewellery process from raw materials and design to manufacturing, quality checks, distribution, and sales. Its product range includes rings, earrings, pendants, bracelets, mangalsutras, necklaces, bangles, and more for daily wear, special occasions, and custom designs. The company serves well-known jewellery retailers like GIVA, Palmonas, ONYA, and Ladia Diamonds, and also provides customised jewellery based on client requirements such as purity, weight, and finish. Its B2B business is a key part of operations, with products supplied across 18 states and 2 union territories, along with retail presence in seven cities and online sales to reach end customers.
Strengths
- Dual Channel Business Model: Combination of B2B and D2C enables wider reach and multiple revenue streams.
- End-to-End Value Chain Control: In-house design, manufacturing, and distribution ensure quality and customization.
- Expanding Market Presence: Strong domestic reach with growing international footprint across multiple countries.
Risk factors
- Short Operating History: Recently established company with limited track record in the industry.
- Dependence on Lab-Grown Segment: Heavy focus on lab-grown diamonds may limit diversification.
- Brand Recognition Challenge: Competing against well-established jewellery brands may impact visibility and trust.
Promoters
Rajnikant Lallubhai Chanchad
Sonalben Rajnikant Chanchad
Savaliya Dhruv Janakbhai
Registrar & documents
Lead manager
Choice Capital Advisors Private Limited
Registrar & contacts
Bigshare Services Private Limited
[email protected]Official registrar portal ↗IPO allotment status guide →Registered office
Sector-1, 6th & 7th Floor, Ratih House SY-376, TPS 4, PI-7, Paiki Part-B, Parshottam Farm Compound, Opp. Podar Arcade, Varachha Road, A. K. Road, Surat, Gujarat, 395008
+91 70462 19807
[email protected]Company website ↗Understanding NITYAS IPO data
Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.