Mumbai (Anil Bedag): Nityas Gems and Jewellery Limited, engaged in the design, manufacturing and sale of gold jewellery studded with lab-grown diamonds, is set to launch its Initial Public Offering (IPO) on September 30, 2026. The company plans to raise approximately ₹108.42 crore at the upper end of the price band. The IPO has a price band of ₹70 to ₹75 per equity share, with a lot size of 200 shares. The issue comprises a total of 14,456,000 equity shares with a face value of ₹5 per share.
According to the company, the net proceeds from the IPO will primarily be utilised to meet working capital requirements and for general corporate purposes. Bidding for anchor investors will take place on September 29, while the IPO will close on October 5, 2026. The company has proposed to list its shares on both the NSE and BSE.
Up to 50% of the issue has been reserved for Qualified Institutional Buyers (QIBs), while Non-Institutional Investors (NIIs) will have a minimum allocation of 15% and retail investors a minimum allocation of 35%. Choice Capital Advisors Private Limited is the Book Running Lead Manager for the issue, while Bigshare Services Private Limited is the Registrar.
For FY2026, the company reported revenue of ₹2,028.94 million, EBITDA of ₹309.74 million and a net profit of ₹223.15 million. According to the company management, the capital raised through the IPO will support business expansion and help strengthen the company’s manufacturing capabilities.
