Nityas Gems & Jewellery shares list at 9% premium over IPO price

Shares of Nityas Gems & Jewellery listed at 9% premium over IPO price on Thursday. The stock opened at Rs 82 on the BSE and Rs 80 on the NSE, as compared to its issue price of Rs 75.

The Nityas Gems & Jewellery IPO comprised a fresh issue of 1.45 crore shares aggregating to Rs 108.35 crore. The company had fixed the price band at Rs 70-75 per share.

The IPO opened for subscription on September 30, 2026, and closed on October 5, 2026. The issue was subscribed 2.26 times overall. The retail investor portion was subscribed 4.07 times, while the non-institutional investor (NII) category was subscribed 2.05 times. The qualified institutional buyers (QIB) portion received 1.06 times subscription.


The share allotment was finalised on October 6, and the company's shares are scheduled to list on both the NSE and BSE on October 8.

At the upper end of the price band, retail investors were required to invest a minimum of Rs 15,000, based on the lot size of 200 shares.

Choice Capital Advisors Pvt Ltd is the book-running lead manager for the issue, while Bigshare Services Pvt Ltd is the registrar.

Objects of the Issue

The company plans to utilise the net proceeds from the IPO primarily to fund its working capital requirements, for which Rs 70 crore has been earmarked. The remaining proceeds will be used for general corporate purposes. The total estimated net proceeds from the issue are Rs 70 crore.

Nityas Gems & Jewellery Financial Performance

Nityas Gems & Jewellery Ltd reported a 110% year-on-year increase in total income to Rs 203 crore in FY26, compared with Rs 97 crore in FY25. The company's profit after tax (PAT) also increased 128% to Rs 22 crore in FY26 from Rs 10 crore in FY25.

About Nityas Gems & Jewellery

Incorporated in April 2022, Nityas Gems & Jewellery Ltd is engaged in the design, manufacturing and sale of lab-grown diamond-studded gold jewellery in India. The company operates an integrated business model covering B2B manufacturing and distribution to organised retailers, standalone retailers and wholesalers, along with direct-to-consumer (D2C) omnichannel retail operations through its subsidiary, Ayaani Diamonds and Jewellery Pvt Ltd. Its operations cover raw material procurement, product design, manufacturing, quality control, distribution and branded retail.

As of August 31, 2026, the company had 192 full-time employees, including 122 in-house karigars and 29 designers. Its workforce includes personnel across senior management, design, operations, quality control, procurement and logistics, sales and marketing, and other functions.

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