Nityas Gems and Jewellery
Nityas Gems and Jewellery Limited is a leading player in diamond-studded gold jewellery, operating through B2B manufacturing and distribution, as well as D2C omnichannel retail operations via its subsidiary Ayaani Diamonds and Jewellery.
Price Band
₹70 - ₹75
Lot Size
200 Shares
Issue Size
₹108.35 Cr
Fresh Issue
₹108.35 Cr
OFS
N/A
Registrar
AI Sentiment Score
Current GMP
+₹3
Est. Listing: ₹78 (+4%)
📅 IPO Timeline
1
Open
Sep 30, 2026
2
Close
Oct 5, 2026
3
Allotment
Oct 6, 2026
4
Refund
Oct 7, 2026
5
Demat
Oct 7, 2026
6
Listing
Oct 8, 2026
✨ AI Analysis & Prediction
+0.6%
predicted listing gain
Nityas Gems and Jewellery Limited shows weak subscription figures across all categories, severely undermining its listing prospects despite reasonable financial growth and a small GMP.
💪 Strengths
- Rapidly scaling revenues and net profits
- Strong ROCE and ROE metrics
- Presence in both B2B and D2C segments
⚠️ Weaknesses
- Extremely poor subscription demand across all categories
- Working capital intensive operations
🚀 Opportunities
- Expansion of D2C omnichannel footprint through subsidiary
- Growing domestic and international appetite for diamond-studded jewellery
🛡️ Threats
- High volatility in raw material (gold and diamond) prices
- Intense competition from established branded players
🎯 Objectives of the IPO
| Requirement / Purpose | Amount (₹ Cr) |
|---|---|
| Funding Working Capital requirements of the Company | ₹70.00 |
| General Corporate Purpose | ₹38.35 |
📊 Financial Overview
| Metric | FY24 | FY25 | FY26 |
|---|---|---|---|
| Revenue (₹ Cr) | Rs 53.66 Cr | Rs 96.85 Cr | Rs 203.33 Cr |
| Net Profit / PAT (₹ Cr) | Rs 4.02 Cr | Rs 9.79 Cr | Rs 22.32 Cr |
| Total Assets (₹ Cr) | Rs 11.75 Cr | Rs 39.87 Cr | Rs 116.42 Cr |
| ROE % | NA | NA | 43.75% |
| ROCE % | NA | NA | 42.93% |
| Debt / Equity | NA | NA | 0.29 |
📋 Live Subscription Status
QIB
0.30x
NII
0.19x
Retail
0.71x
Total
0.43x
Updated: Oct 2, 2026 6:32 PM
💼 Reservation Quota
QIB
75.00%
Retail
10.00%
NII
15.00%
📈 Shareholding & Anchor Lock-In
🔗 Important Links & Lead Managers
- Check Allotment StatusCheck Now →
- Registrar WebsiteVisit →
- Download DRHP ProspectusDownload PDF 📥
- Download RHP ProspectusDownload PDF 📥
Lead Managers / Merchant Bankers
This issue is managed by Hem Securities Ltd., and Share India Capital Services Pvt. Ltd.
Disclaimer: The information provided on this page is for educational and informational purposes only and does not constitute financial advice. IPO investments are subject to market risks. AI-generated analysis is based on publicly available data and may not be accurate. Grey Market Premium (GMP) is unofficial and highly speculative. Always consult a qualified financial advisor and read the DRHP/RHP carefully before making investment decisions.
The company has demonstrated exponential revenue and profit scaling up to FY2026, backed by solid returns on equity and capital employed. However, intense competition in the gems and jewellery sector and overall sluggish institutional interest pose challenges.
The mainboard IPO aims to raise ₹108.35 crores entirely via a fresh issue. Total subscription stands at a dismal 0.43x with under-subscription in QIB, HNI, and Retail portions, reflecting poor market appetite.