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Nityas Gems and Jewellery Shares Debut at 9 Percent Premium on BSE
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Moneycontrol•08-10-2026, 17:43
Nityas Gems and Jewellery Shares Debut at 9 Percent Premium on BSE
- •Shares of Nityas Gems and Jewellery made a positive stock market debut on October 8, listing at a 9.33 percent premium at Rs 82 on the BSE over the IPO price of Rs 75.
- •On the NSE, the stock opened at Rs 80 per share, marking a 6.67 percent premium over the issue price and pushing the company's market capitalisation to around Rs 472.26 crore.
- •The Rs 108.35-crore initial public offering was subscribed 2.25 times overall, driven largely by strong retail demand which was subscribed 4.04 times.
- •The company intends to utilise Rs 70 crore of the net proceeds for working capital requirements and the rest for general corporate purposes.
- •Market experts suggest that investors who received an allotment can review their position, while those who missed the IPO should wait for consistent execution before entering.
Key Questions Answered
Nityas Gems and Jewellery shares debuted on the BSE at Rs 82 per share, which marked a 9.33 percent premium over its initial public offering price of Rs 75.
The Rs 108.35-crore public issue received an overall subscription of 2.25 times, drawing total bids for 3,25,80,400 shares against 1,44,56,000 shares on offer.
The company intends to use Rs 70 crore of the net IPO proceeds to fund its working capital requirements, while allocating the remaining funds toward general corporate purposes.
