Nityas Gems IPO Opens On 30 September With ₹108.42 Crore Fresh Issue
Add Preferred News Source
Nityas Gems IPO opens on 30 September at ₹70-75, with a ₹108.42 crore fresh issue. Check key dates, proceeds, financials and valuation before subscribing and explore important details. Read more.
Nityas Gems and Jewellery will open its ₹108.42 crore initial public offering (IPO) on 30 September 2026. The Gujarat-based jewellery maker plans to issue 1.44 crore new equity shares, with no offer for sale component. The issue will remain open until 5 October.
The Nityas Gems IPO has a price band of ₹70-75 per share. At the upper end, the company would be valued at about ₹432 crore.
The Key Nityas Gems IPO Dates
The anchor book will open for one day on 29 September, ahead of the public issue.
The Nityas Gems IPO allotment is expected on 6 October, while the shares are likely to begin trading on 8 October. The company filed its draft offer document in March 2026 and received approval from the Securities and Exchange Board of India (SEBI) in July.
Choice Capital Advisors is the book-running lead manager for the issue.
Usage Of IPO Proceeds And About Nityas Gems
Nityas Gems plans to use ₹70 crore from the net IPO proceeds to meet its working capital requirements. The remaining funds will be used for general corporate purposes.
Nityas Gems makes diamond-studded gold jewellery mainly for retailers and wholesalers. It also operates a direct-to-consumer business through its subsidiary, Ayaani Diamonds and Jewellery.
Financial Performance
The company reported strong growth in the financial year ended March 2026. Revenue more than doubled to ₹202.9 crore from ₹96.8 crore in the previous year. Profit also rose to ₹22.8 crore from ₹9.8 crore.
With the Nityas Gems IPO scheduled to open on 30 September, the issue will give investors an opportunity to participate in the company’s next phase of growth. The IPO proceeds are largely aimed at supporting working capital, while the company enters the public market after reporting higher revenue and profit in FY2026.
Also Read - Wipro Share Price Today: Stock Hits New 52-Week Low
This article is for informational purposes only and should not be considered investment advice from Kotak Neo. For compliance T&C and disclaimers, Visit www.kotakneo.com/disclaimer
Vishwa has spent 10+ years across fintech and FMCG doing what most people miss, connecting the dots, catching trends before they trend, and finding the angle nobody else thought to ask about.
At Kotak Neo, she drives content strategy for neoshorts, Kotak News Desk, and Investing Guide, turning market noise into something worth reading.
When she's not decoding markets, she trades charts for canvases, chasing art, painting, and architecture across cities she's yet to explore.
Right Tools, Rich Insights
