{"id":70877,"date":"2026-09-30T14:40:52","date_gmt":"2026-09-30T09:10:52","guid":{"rendered":"https:\/\/www.equentis.com\/blog\/?p=70877"},"modified":"2026-09-30T14:40:55","modified_gmt":"2026-09-30T09:10:55","slug":"nityas-gems-and-jewellery-ipo-opens-rs-70-75-price-band-check-lot-size-and-key-dates","status":"publish","type":"post","link":"https:\/\/www.equentis.com\/blog\/nityas-gems-and-jewellery-ipo-opens-rs-70-75-price-band-check-lot-size-and-key-dates\/","title":{"rendered":"Nityas Gems and Jewellery IPO Opens: Rs 70-75 Price Band, Check Lot Size and Key Dates"},"content":{"rendered":"<div id=\"bsf_rt_marker\"><\/div>\n<p class=\"wp-block-paragraph\">The <strong>Nityas Gems and Jewellery IPO<\/strong> opens for public subscription on September 30, 2026, with a price band of <strong>Rs 70 to Rs 75 per share<\/strong>. The Rs 108.35 crore mainboard issue is entirely a fresh issue of equity shares, while the minimum retail application is <strong>200 shares<\/strong>, requiring Rs 14,000 at the lower price band or Rs 15,000 at the upper band. The issue closes on October 5, with allotment expected on October 6 and listing scheduled for October 8.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Nityas Gems and Jewellery IPO: Key Details<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Nityas Gems and Jewellery is entering the primary market with an <a class=\"wpil_keyword_link\" href=\"https:\/\/www.equentis.com\/researchandranking\/ipos\"   title=\"IPO\" data-wpil-keyword-link=\"linked\"  data-wpil-monitor-id=\"1709\">IPO<\/a> aimed largely at strengthening its working capital position. The company operates in the jewellery segment, with a focus on gold jewellery studded with lab-grown diamonds.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Here are the key details investors should know:<\/p>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><thead><tr><th>Particular<\/th><th>Details<\/th><\/tr><\/thead><tbody><tr><td>IPO opening date<\/td><td>September 30, 2026<\/td><\/tr><tr><td>IPO closing date<\/td><td>October 5, 2026<\/td><\/tr><tr><td>Price band<\/td><td>Rs 70 to Rs 75 per share<\/td><\/tr><tr><td>Issue size<\/td><td>About Rs 108.35 crore<\/td><\/tr><tr><td>Issue type<\/td><td>Fresh issue<\/td><\/tr><tr><td>Lot size<\/td><td>200 shares<\/td><\/tr><tr><td>Minimum investment<\/td><td>Rs 14,000 to Rs 15,000<\/td><\/tr><tr><td>Allotment date<\/td><td>October 6, 2026<\/td><\/tr><tr><td>Refund initiation<\/td><td>October 7, 2026<\/td><\/tr><tr><td>Demat credit<\/td><td>October 7, 2026<\/td><\/tr><tr><td>Expected listing<\/td><td>October 8, 2026<\/td><\/tr><tr><td>Proposed exchanges<\/td><td>NSE and BSE<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">The final amount invested depends on the bid price selected. At Rs 70 per share, one lot costs Rs 14,000, while bidding at Rs 75 requires Rs 15,000.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">What Does the Nityas Gems IPO Offer?<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">The IPO comprises up to <strong>1,44,56,000 equity shares<\/strong>, with no offer for sale component. This means the shares being offered are newly issued by the company rather than shares being sold by existing shareholders.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The company plans to use <strong>Rs 70 crore of the net proceeds for working capital requirements<\/strong>, while the remaining proceeds are intended for general corporate purposes. Working capital is particularly important for a jewellery business because significant funds can be tied up in inventory, raw materials and receivables.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">What Does Nityas Gems and Jewellery Do?<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Nityas Gems and Jewellery was incorporated in 2022 and is based in Surat, Gujarat. Its business combines B2B manufacturing and distribution with a direct-to-consumer retail model.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Under its B2B business, the company manufactures and supplies jewellery to organised retailers, standalone retailers and wholesalers. Its D2C operations are conducted through subsidiary Ayaani Diamonds and Jewellery, which operates an omnichannel retail model.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The company&#8217;s products include rings, earrings, pendants, bracelets, mangalsutras, necklaces, bangles and other gold jewellery featuring lab-grown diamonds.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">This combination of manufacturing and retail gives investors two areas to assess: the company&#8217;s ability to scale its manufacturing and distribution operations and its ability to develop its consumer-facing business.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Nityas Gems IPO Financial Performance<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">The company&#8217;s financial numbers have shown considerable growth over the last few financial years.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">According to reported FY2026 figures, Nityas Gems recorded revenue of around <strong>Rs 203 crore<\/strong>, compared with approximately Rs 96.85 crore in FY2025. Profit after tax increased to around <strong>Rs 22.32 crore<\/strong> from Rs 9.79 crore during the same period.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Revenue had stood at about Rs 53.66 crore in FY2024, indicating substantial expansion over the two-year period. However, investors should assess whether this pace of growth can be sustained as the business scales.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The increase in working capital funding through the IPO also indicates that the company expects capital requirements to remain important as its operations expand.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Nityas Gems IPO Lot Size and Investment<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">For retail investors, the minimum application is <strong>one lot of 200 shares<\/strong>.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">At the price band:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Rs 70 \u00d7 200 shares = Rs 14,000<\/strong><\/li>\n\n\n\n<li><strong>Rs 75 \u00d7 200 shares = Rs 15,000<\/strong><\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">Retail investors can apply for up to 13 lots, or 2,600 shares, subject to the applicable IPO rules and limits. The investment at the upper band for 13 lots would be Rs 1.95 lakh.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Investors should also remember that applying for an IPO does not guarantee allotment. If an issue receives more applications than shares available in a category, allotment is determined according to the applicable process.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Nityas Gems IPO: Important Dates to Track<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">The IPO opens on <strong>September 30<\/strong> and closes on <strong>October 5, 2026<\/strong>. The basis of allotment is expected to be finalised on October 6.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">For applicants who do not receive shares, refunds are expected to begin on October 7, while successful applicants are expected to see shares credited to their demat accounts around the same date. The proposed listing date is October 8. These dates can change depending on the finalisation process.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Opportunities and Risks<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">The IPO gives investors exposure to a jewellery company combining manufacturing, B2B distribution and D2C retail. Its recent revenue and profit growth, along with the planned infusion of working capital, are factors worth examining.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">However, jewellery businesses can be sensitive to gold prices, inventory requirements, consumer demand and working capital cycles. The company&#8217;s expansion into D2C retail also requires investment and execution. Investors should therefore assess the prospectus, financial statements, valuation and risk factors rather than relying only on IPO sentiment or unofficial grey market indicators.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Grey market premiums, where available, are unofficial and are not a reliable indicator of the eventual listing price or long-term performance.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">What Should Investors Check Before Applying?<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Before applying for the Nityas Gems and Jewellery IPO, investors can examine the company&#8217;s revenue and profit trends, working capital requirements, debt levels, valuation at the IPO price and the risks disclosed in the offer document.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">It is also useful to understand how much of the IPO proceeds will support day-to-day operations and whether the company&#8217;s expansion plans require additional capital in the future.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Conclusion<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">The <strong>Nityas Gems and Jewellery IPO<\/strong> opens on September 30 with a <strong>Rs 70-75 price band and a 200-share lot size<\/strong>. At the upper band, one retail lot requires Rs 15,000. The company is raising about Rs 108.35 crore through a fresh issue, with Rs 70 crore earmarked for working capital.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">With bidding closing on October 5 and listing expected on October 8, investors have a defined window to study the company&#8217;s financial performance, business model, valuation and disclosed risks before making an IPO application decision.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Frequently Asked Questions<\/h2>\n\n\n\n<h3 class=\"wp-block-heading\">1. When does the Nityas Gems and Jewellery IPO open?<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">The Nityas Gems and Jewellery IPO opens for public subscription on <strong>September 30, 2026<\/strong>. Investors can submit bids during the issue period, with the IPO scheduled to close on <strong>October 5, 2026<\/strong>. The company is proposing to list its shares on the NSE and BSE.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">2. What is the Nityas Gems IPO price band?<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">The price band for the Nityas Gems and Jewellery IPO has been fixed at <strong>Rs 70 to Rs 75 per equity share<\/strong>. Investors can place bids within this range, subject to the applicable IPO bidding rules. The final amount required will depend on the number of shares applied for and the applicable bid price.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">3. What is the Nityas Gems IPO lot size?<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">The minimum lot size is <strong>200 shares<\/strong>. At the lower price band of Rs 70, one lot requires Rs 14,000. At the upper price band of Rs 75, the investment for one lot is Rs 15,000.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">4. What is the total issue size of the Nityas Gems IPO?<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">The Nityas Gems and Jewellery IPO is valued at approximately <strong>Rs 108.35 crore<\/strong> and comprises an entirely fresh issue of up to 1,44,56,000 equity shares. There is no offer for sale component in the issue.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">5. What will Nityas Gems use the IPO money for?<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">The company plans to use <strong>Rs 70 crore from the IPO proceeds for working capital requirements<\/strong>. The remaining proceeds are intended for general corporate purposes. Working capital can support inventory, operational requirements and other short-term business needs.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">6. When is the Nityas Gems IPO allotment date?<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">The basis of allotment is expected to be finalised on <strong>October 6, 2026<\/strong>. Investors can subsequently check their allotment status through the relevant registrar or exchange channels. The schedule is subject to the completion of the IPO process.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">7. When will Nityas Gems shares be listed?<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">The proposed listing date for Nityas Gems and Jewellery shares is <strong>October 8, 2026<\/strong>. The company has proposed listing its equity shares on the NSE and BSE. The actual trading commencement remains subject to completion of the necessary listing and allotment procedures.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">8. What business does Nityas Gems and Jewellery operate?<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Nityas Gems and Jewellery operates in the design, manufacturing and sale of gold jewellery studded with lab-grown diamonds. It has a B2B business supplying retailers and wholesalers and a D2C omnichannel retail operation through its subsidiary, Ayaani Diamonds and Jewellery.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">9. What are the key risks in the Nityas Gems IPO?<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Key areas to examine include gold and raw material price movements, inventory and working capital requirements, consumer demand, competition and the company&#8217;s ability to scale its B2B and D2C operations. Investors should also review the risk factors and financial disclosures in the IPO offer documents before applying.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">10. Is the Nityas Gems IPO GMP a reliable indicator?<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">No. The <strong>grey market premium (GMP)<\/strong> is an unofficial market indicator and is not regulated by stock exchanges or SEBI. It can change quickly and does not guarantee the IPO&#8217;s listing price or future share performance. Investors should therefore consider the company&#8217;s fundamentals, valuation, financials and risks rather than relying on GMP alone.<\/p>\n\n\n\n<p class=\"has-ast-global-color-5-color has-vivid-red-background-color has-text-color has-background has-link-color wp-elements-a377517bdd8f600e0c2e7efd2ef366fd wp-block-paragraph\">Disclaimer Note: The securities quoted, if any, are for illustration only and are not recommendatory. This article is for education purposes only and shall not be considered as a recommendation or investment advice by Equentis \u2013 Research &amp; Ranking. We will not be liable for any losses that may occur. Investments in the securities market are subject to market risks. Read all the related documents carefully before investing. Registration granted by SEBI, membership of BASL &amp; certification from NISM in no way guarantee the performance of the intermediary or provide any assurance of returns to investors.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Nityas Gems and Jewellery IPO opens for public subscription on September 30, 2026, with a price band of Rs [&hellip;]<\/p>\n","protected":false},"author":26,"featured_media":70883,"comment_status":"closed","ping_status":"0","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[948],"tags":[],"class_list":["post-70877","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-stock-market-news"],"_links":{"self":[{"href":"https:\/\/www.equentis.com\/blog\/wp-json\/wp\/v2\/posts\/70877","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.equentis.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.equentis.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.equentis.com\/blog\/wp-json\/wp\/v2\/users\/26"}],"replies":[{"embeddable":true,"href":"https:\/\/www.equentis.com\/blog\/wp-json\/wp\/v2\/comments?post=70877"}],"version-history":[{"count":1,"href":"https:\/\/www.equentis.com\/blog\/wp-json\/wp\/v2\/posts\/70877\/revisions"}],"predecessor-version":[{"id":70887,"href":"https:\/\/www.equentis.com\/blog\/wp-json\/wp\/v2\/posts\/70877\/revisions\/70887"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.equentis.com\/blog\/wp-json\/wp\/v2\/media\/70883"}],"wp:attachment":[{"href":"https:\/\/www.equentis.com\/blog\/wp-json\/wp\/v2\/media?parent=70877"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.equentis.com\/blog\/wp-json\/wp\/v2\/categories?post=70877"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.equentis.com\/blog\/wp-json\/wp\/v2\/tags?post=70877"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}