Nityas Gems and Jewellery
LISTEDIPO Date: 30 Sept - 5 Oct 2026
Listing Date: 8 Oct 2026
Price Range
Rs.70 - Rs.75
Issue Size
108 Cr
Min Investment
₹14,000
Min Application
200 Shares
Schedule of Nityas Gems and Jewellery
Issue open date
30 Sept 2026
Issue close date
5 Oct 2026
UPI mandate deadline
5 Oct 2026 (5 PM)
Allotment finalization
6 Oct 2026
Share credit
7 Oct 2026
Listing date
8 Oct 2026
Mandate end date
20 Oct 2026
Issue size
| Funds Raised in the IPO | Amount |
|---|---|
| Overall | 108 Cr |
| Fresh Issue | 108.35 Cr |
| Offer for Sale | 0 Cr |
Allotment DetailsNew
| Allotment Timeline | Details |
|---|---|
| Allotment Date | 6 Oct 2026 |
| Allotment Link | {Link} |
Grey Market Premium
NewGrey Market Premium (GMP) is the premium at which the shares are traded in the grey market. It gives a fair idea about the listing price of the IPO shares. The GMP can be positive or negative based on the demand and supply of the shares in the grey market.
| Date | IPO Price | GMP | Est. Listing Price |
|---|---|---|---|
| 8 Oct 2026Latest | ₹75 | ₹1 | ₹76(+1.33%) |
| 7 Oct 2026 | ₹75 | ₹1 | ₹76(+1.33%) |
| 6 Oct 2026 | ₹75 | ₹1 | ₹76(+1.33%) |
| 5 Oct 2026 | ₹75 | ₹1 | ₹76(+1.33%) |
| 4 Oct 2026 | ₹75 | ₹2 | ₹77(+2.67%) |
| 3 Oct 2026 | ₹75 | ₹3 | ₹78(+4%) |
| 2 Oct 2026 | ₹75 | ₹3 | ₹78(+4%) |
| 1 Oct 2026 | ₹75 | ₹3 | ₹78(+4%) |
| 30 Sept 2026 | ₹75 | ₹5 | ₹80(+6.67%) |
| 29 Sept 2026 | ₹75 | ₹5 | ₹80(+6.67%) |
| 28 Sept 2026 | ₹75 | ₹9 | ₹84(+12%) |
Performance Nityas Gems and Jewellery
| Issue Price | Listing Gain | Current Market Price | P/L |
|---|---|---|---|
| Rs.70 - Rs.75 | ₹ 80 (6.67%) | ₹ 67.22 | -10.37% |
About Nityas Gems and Jewellery
Nityas Gems and Jewellery Limited is engaged in the design, manufacturing and sale of lab-grown diamond-studded gold jewellery in India. The company operates through B2B manufacturing and distribution to organised retailers, standalone retailers and wholesalers, and D2C omnichannel retail through its subsidiary, Ayaani Diamonds and Jewellery Private Limited. Its product range includes rings, earrings, pendants, bracelets, mangalsutras, nose pins, necklaces, cufflinks and bangles across daily wear, occasion-based, men’s and customised segments. The company commenced B2B operations in July 2022 and supplies jewellery to customers in India and overseas markets. Its manufacturing facility is located in Surat, Gujarat, and includes in-house designing, prototyping and production. Ayaani operates an online storefront and nine physical retail stores in India.
| Founded in | 2022 |
| Managing director | Mr Rajnikant Lallubhai Chanchad |
| Parent organization |
Financial Overview
Strengths
5- 1
Integrated business model spanning B2B manufacturing and D2C omnichannel retail.
- 2
Rapidly expanding customer network servicing 323 B2B clients across 18 states.
- 3
Design-led manufacturing facility in Surat supported by 122 in-house karigars.
- 4
Strong focus on high-growth, affordable lightweight lab-grown diamond jewellery.
- 5
Scalable financial performance with operating revenues compounding over 94% annually.
Risks
5- 1
High customer concentration with top 10 clients driving 55.49% of FY26 revenues.
- 2
Geographic concentration with five key states contributing over 85% of total sales.
- 3
Operations are working capital intensive, requiring significant ongoing funding.
- 4
Heavy reliance on top 10 suppliers who accounted for 86.16% of FY26 purchases.
- 5
All manufacturing operations are concentrated at a single facility in Surat.
Subscription Figures
| Category | Subscription (No. of times) |
|---|---|
| Qualified Institutional Buyers (QIBs) | 1.06 |
| Non-Institutional Investors (NIIs) | 2.05 |
| Retail Individual Investors (RIIs) | 4.07 |
| Employee | 4.07 |
| Total | 2.26 |