Stories
Nityas Gems and Jewellery IPO Opens September 30: Price Band Set at Rs 70-75
- •Nityas Gems and Jewellery, a Gujarat-based diamond-studded gold jewellery maker, will launch its IPO on September 30.
- •The IPO's price band is fixed at Rs 70-75 per share, aiming to raise Rs 108.42 crore through a fresh issue of 1.44 crore equity shares.
- •The anchor book opens on September 29, with the public issue closing on October 5; share allotment by October 6, and trading expected by October 8.
- •The company operates on a B2B model and a D2C segment via its subsidiary, Ayaani Diamonds and Jewellery.
- •Nityas Gems plans to utilize Rs 70 crore from the net proceeds for working capital, with the remainder for general corporate purposes.
Key Questions Answered
The Nityas Gems and Jewellery IPO will open for subscription on September 30 with a price band fixed at Rs 70 to Rs 75 per share, and close on October 5, 2026. The anchor book opens on September 29, share allotment is expected by October 6, and trading is scheduled to commence on October 8, 2026.
The company aims to raise Rs 108.42 crore through an entirely fresh issue of 1.44 crore equity shares. Nityas Gems and Jewellery plans to utilize Rs 70 crore of the net proceeds specifically for working capital requirements, while the remaining funds will be earmarked for general corporate purposes.
Nityas Gems operates under a B2B model manufacturing diamond-studded gold jewellery for retailers and wholesalers, alongside a D2C omnichannel retail segment through its subsidiary Ayaani Diamonds and Jewellery. The company experienced strong financial growth, with profit more than doubling to Rs 22.8 crore and revenue surging to Rs 202.9 crore for the year ended March 2026.
