- Total Issue Size – Up to 14,456,000 Equity Shares of ₹5 each
- IPO Size – ₹108.42 Crore (At Upper Price Band)
- Price Band – ₹70 – ₹75 Per Equity Share
- Lot Size – 200 Equity Shares
Nityas Gems and Jewellery Limited, engaged in the design, manufacturing and sale of lab-grown diamond studded gold jewellery in India, proposes to open its Initial Public Offering on Wednesday, September 30, 2026 aiming to raise ₹108.42 Crore (At Upper Price Band), with shares to be listed on the NSE & BSE platform.
The issue size is 14,456,000 equity shares at a face value of ₹5 each with a price band of
₹70 – ₹75 Per Equity Share.
Equity Share Allocation
- Net QIB – Not more than 50% of the Issue
- NII – Not less than 15% Of the Issue
- RII – Not less than 35% of the Issue
The net proceeds from the IPO will be utilized for Funding Working Capital requirements and General Corporate Purposes. The anchor bidding is on Tuesday, September 29, 2026 and the issue will open on Wednesday, September 30, 2026 and will close on Monday, October 05, 2026.
Mr. Rajnikant Lallubhai Chanchad, Chairman and Managing Director of Nityas Gems and Jewellery Limited expressed, “The proposed IPO marks an important milestone in our journey. We have built an integrated platform spanning B2B manufacturing and distribution as well as D2C omnichannel retail in lab-grown diamond studded gold jewellery. The proposed deployment of the Net Proceeds towards working capital requirements is intended to support the scale of our operations as we continue expanding our customer base, strengthening our design-led manufacturing capabilities and deepening our presence across channels.”
Mr. Ratiraj Tibrewal, Director of Choice Capital Advisors Private Limited said, “Nityas Gems and Jewellery Limited has scaled its operations across an integrated B2B and D2C model. In Fiscal 2026, the Company reported revenue from operations of ₹2,028.94 million, EBITDA of ₹309.74 million and profit after tax of ₹223.15 million, with an EBITDA margin of 15.27% and a PAT margin of 11.00%. The fresh issue is proposed to primarily support the Company’s working capital requirements, further manufacturing capabilities.”
The Book Running Lead Manager to the Issue is Choice Capital Advisors Private Limited, The Registrar to the Issue is Bigshare Services Private Limited.
