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Mainboard IPOupcomingBoth

Nityas Gems & Jewellery IPO

Nityas Gems & Jewellery IPO is a mainboard IPO scheduled to open for subscription on — and closed on —.

Price Band
TBA
GMP
Subscription
Listing

Overview

Nityas Gems & Jewellery IPO is a mainboard IPO scheduled to open for subscription on — and closed on —.

IPO Details

Nityas Gems & Jewellery IPO is a mainboard initial public offering scheduled to open for subscription on Both. The issue has a price band of TBA per equity share with a lot size of TBA shares, translating to a minimum retail investment of TBA.

The issue size is yet to be confirmed, and subscription dates are yet to be announced. Allotment is expected on and the equity shares are scheduled to list on .

Type
Mainboard
Status
upcoming
Price band
TBA
Face value
₹10 (typical)
Lot size
Min investment (Retail)
TBA
Issue size
Fresh issue
OFS
Exchange
Both
ISIN
TBA

Market Lot

Market lot details will be available once the price band and lot size are finalised in the Red Herring Prospectus.

IPO Reservation

Per SEBI guidelines, Nityas Gems & Jewellery IPO reserves shares across investor categories as follows. Final allotment percentages may vary slightly based on the final issue document.

Category% ReservedNotes
QIB (Qualified Institutional Buyers)Not more than 50%Mutual funds, FIIs, banks, insurance
NII / HNI (Non-Institutional)Not less than 15%Bids ≥ ₹2 lakh
Retail (RII)Not less than 35%Bids up to ₹2 lakh

Important Dates

  1. Issue Open
    · Subscription opens
  2. Issue Close
    · Subscription closes
  3. Allotment
    · Basis of allotment finalised
  4. Refunds Initiated
    · Funds released for non-allottees
  5. Listing Date
    · Shares debut on the exchange

Grey Market Premium

Grey Market Premium for Nityas Gems & Jewellery is yet to be tracked. We update GMP from multiple grey market sources during the subscription window. Bookmark this page and check IPO GMP Today for live updates.

Subscription Status

Nityas Gems & Jewellery IPO subscription tracking will go live once the subscription window opens. Category-wise data (Retail / NII / QIB / Employee) will be available on IPO Subscription Status.

Allotment Status

Nityas Gems & Jewellery IPO allotment will be finalised by the registrar (Bigshare Services) on . Check your allotment status using your PAN, application number, or DP ID via our allotment status checker or directly on the registrar's website.

If allotment fails, the blocked funds via ASBA / UPI mandate are released back within 24-48 hours. Applying through multiple demat accounts in family members' names improves chances on oversubscribed IPOs.

About Nityas Gems & Jewellery

Nityas Gems and Jewellery Limited specialises in design, manufacturing, and sale of lab-grown diamond-studded gold jewellery in India. The business operates through a dual-channel model: (1) business-to-business (B2B) manufacturing and distribution to retailers and wholesalers; and (2) direct-to-consumer (D2C) omnichannel retail operations through subsidiary Ayaani Diamonds and Jewellery. The lab-grown diamond + gold combination is structurally interesting. Lab-grown diamonds (LGDs) have been one of the fastest-growing jewellery sub-segments through 2022-26 — chemically + physically identical to mined diamonds but typically 30-50% cheaper at retail, driving rapid adoption among younger + value-conscious customer segments. Combined with traditional gold jewellery base, Nityas captures both LGD-growth-category + established gold-jewellery base demand. The dual B2B + D2C channel structure provides revenue-mix diversification: B2B captures wholesale distribution margin at scale, while D2C through Ayaani Diamonds and Jewellery captures retail-margin premium and customer-data ownership. FY25 financials are strong: revenue ₹96.85 crore (+80% YoY from ₹53.66 crore) and PAT ₹9.79 crore (+144% YoY from ₹4.02 crore). PAT margin expanded from 7.5% to 10.1% — significant operational-leverage realisation. The mainboard NSE+BSE IPO comprises 14,456,000 fresh equity shares (face value ₹5). BRLM Choice Capital Advisors + registrar Bigshare Services indicate institutional book-build setup.

Promoter & Holding Pattern

The promoter and promoter group hold the majority stake in Nityas Gems & Jewellery prior to the IPO. Post-listing, this percentage will reduce as new equity shares are issued to the public. Detailed pre-IPO and post-IPO promoter holding data will be updated once the Red Herring Prospectus is finalised with SEBI.

Objects of the Issue

The Nityas Gems & Jewellery IPO proceeds will be utilised across multiple strategic objectives. Typical objects include capital expenditure for expansion, repayment of debt, general corporate purposes, working capital, and OFS by selling shareholders. Detailed breakdown with amounts will be updated here from the Red Herring Prospectus.

Financial Performance

Three-year financial performance for Nityas Gems & Jewellery (amounts in ₹ Cr):

PeriodRevenueExpensePATTotal AssetsNet Worth
FY2596.859.79
FY2453.664.02

Valuation Snapshot

RoE
RoCE
EBITDA Margin
PAT Margin
10.11%
Debt/Equity
EPS
P/E Ratio
RoNW
NAV

Peer Comparison

Listed peers in the Consumer Discretionary sector with key valuation metrics:

CompanyEPS (₹)P/E RatioRoNW (%)NAV (₹)Income (₹ Cr)
Titan Company (lab-grown diamond Mia by Tanishq)
Senco Gold

Anchor Investors

Anchor investor bidding for Nityas Gems & Jewellery typically opens one working day before the issue opens to the public. Anchor investors — mutual funds, FIIs, sovereign wealth funds, and insurance companies — collectively subscribe to a portion of the QIB segment. Their participation signals institutional confidence. Anchor list and total amount will be updated once SEBI publishes the anchor filing.

Lead Managers (Merchant Bankers)

  • Choice Capital Advisors

IPO Registrar

The registrar processes all bid applications, finalises the basis of allotment, manages refunds, and credits allotted shares to successful applicants' demat accounts.

Editorial Review

Nityas Gems and Jewellery has filed for a mainboard NSE+BSE IPO of 14,456,000 fresh equity shares (face value ₹5). As of publication, exact issue size in rupees, price band, dates not yet announced. BRLM Choice Capital Advisors + registrar Bigshare Services indicate institutional book-build setup. FY24→FY25 financial trajectory is exceptional: revenue +80% YoY (₹53.66 → ₹96.85 cr) and PAT +144% YoY (₹4.02 → ₹9.79 cr). PAT margin expanded from 7.5% to 10.1% — significant operational-leverage realisation. The 10% PAT margin is healthy for jewellery-retail operators (Titan ~6-7%, Senco ~3-4%) and may reflect the LGD-product-mix premium economics. The lab-grown diamond positioning is structurally compelling. LGDs have been one of the fastest-growing jewellery sub-segments through 2022-26 — chemically + physically identical to mined diamonds but 30-50% cheaper at retail, driving rapid adoption among younger + value-conscious customers. Combined with gold-jewellery base + B2B/D2C dual-channel structure, Nityas captures multiple growth vectors. What's working: exceptional FY25 growth (+80% rev, +144% PAT); 10.1% PAT margin top-decile for jewellery retail; lab-grown diamond category is fastest-growing jewellery sub-segment; dual B2B + D2C channel structure provides revenue-mix diversification; Ayaani Diamonds D2C subsidiary captures customer data + retail-margin premium. What's concerning: substantial public-data gap on issue size, price band, dates; LGD category competitive intensity rising as Titan (Mia by Tanishq) + Kalyan + Senco + new entrants all build LGD product lines; growth-rate sustainability needs FY26 validation (80% revenue + 144% PAT is exceptional); D2C subsidiary Ayaani requires marketing capex for brand-building. Subscribe pre-RHP. Exceptional growth + 10.1% PAT margin + LGD-category leadership + dual B2B+D2C structure create credible mainboard thesis. Wait for RHP with channel-revenue split, issue size, and price band. Compare against Senco Gold trailing multiples when announced. Sizing moderate (5-10% of consumer-discretionary bucket) given LGD-category competitive expansion.

How to Apply for Nityas Gems & Jewellery IPO

  1. Open broker app — Zerodha, Upstox, Angel One, Groww, 5paisa, ICICI Direct, or any other SEBI-registered broker. Navigate to the IPO section.
  2. Select Nityas Gems & Jewellery IPO during the bidding window ().
  3. Enter bid details — minimum TBA shares per lot. Retail investors are recommended to bid at cut-off price (upper band).
  4. Submit UPI ID linked to a SEBI-approved bank.
  5. Approve UPI mandate from your UPI app within the deadline. Bid amount is blocked, not debited.
  6. Await allotment on .
  7. Listing day — shares list on Both on .

Risk Factors

1. Substantial public-data gap on issue size, price band, dates. 2. LGD-category competitive intensity rising — Titan (Mia by Tanishq), Kalyan, Senco, many new entrants all building LGD product lines. 3. Growth-rate sustainability needs FY26 validation — 80% revenue + 144% PAT is exceptional. 4. Gold commodity-pricing exposure creates margin volatility. 5. D2C subsidiary Ayaani requires ongoing marketing capex for brand-building.

Nityas Gems & Jewellery IPO — FAQs

What is Nityas Gems & Jewellery IPO?
Nityas Gems & Jewellery IPO is a mainboard initial public offering listing on Both. The issue opens on — and closes on — with a price band of TBA per share.
What is the Nityas Gems & Jewellery IPO price band?
The price band for Nityas Gems & Jewellery IPO is TBA per equity share of face value ₹10 (typical). Retail investors are recommended to bid at the upper band (cut-off price).
What is the Nityas Gems & Jewellery IPO lot size?
The minimum lot size for Nityas Gems & Jewellery IPO is TBA shares per application. Minimum retail investment at the upper price band works out to approximately TBA.
When is the Nityas Gems & Jewellery IPO opening date?
Nityas Gems & Jewellery IPO opens for subscription on — and closes on —.
When is the Nityas Gems & Jewellery IPO allotment date?
Basis of allotment is expected on —. Check your status on Bigshare Services's website using your PAN.
When is the Nityas Gems & Jewellery IPO listing date?
Nityas Gems & Jewellery shares are expected to list on Both on —.
What is the GMP of Nityas Gems & Jewellery IPO?
GMP for Nityas Gems & Jewellery is not currently tracked.
Who is the registrar of Nityas Gems & Jewellery IPO?
Bigshare Services is handling allotment, refunds, and dematerialisation for Nityas Gems & Jewellery IPO.
How can I apply for Nityas Gems & Jewellery IPO?
Apply via any SEBI-registered broker (Zerodha, Upstox, Angel One, Groww, 5paisa, ICICI Direct) during the open window. Use UPI mandate or ASBA for fund blocking. Bid at cut-off for retail category.
What is the minimum investment?
Minimum retail investment is approximately TBA (1 lot × TBA shares at upper band).
Should I apply for Nityas Gems & Jewellery IPO?
Whether to apply depends on your goals, risk appetite, and the company's fundamentals. Review the RHP, compare valuation with peers, and consult a SEBI-registered advisor.
What happens if my allotment fails?
Bid amount blocked via UPI/ASBA is released back within 24-48 hours. Apply through multiple family demat accounts to improve odds on oversubscribed issues.

Information shown is for educational purposes and does not constitute investment advice. GMP values are unofficial estimates from informal grey market sources. Please read the offer document (Red Herring Prospectus) carefully before investing.

Data sourced from NSE, BSE, the issue's registrar, and public filings. BasicFintech is not affiliated with the issuing company, its underwriters, or the exchanges.

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