Nityas Gems IPO
Market Sentiment
IPO Details
Market Lot Size
IPO Reservation
Return Estimator (GMP*)
Financial Analysis
| Metric | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| Revenue | 11.67 | 53.66 | 96.85 | 203.33 |
| Expense | 11.36 | 48.73 | 84.95 | 176.40 |
| Profit (PAT) | 0.25 | 4.02 | 9.79 | 22.32 |
| Total Assets | 6.08 | 11.75 | 39.87 | 116.42 |
| Company | EPS | P/E | RoNW % | NAV | Income |
|---|---|---|---|---|---|
| Golkunda Diamonds & JewelleryLimited | 19.66 | 16.61 | 18.81 | 115.22 | 281.50 Cr |
| Goldiam International Limited | 15.11 | 21.69 | 18.38 | 97.95 | 976.86 Cr |
| Renaissance Global Limited | 8.40 | 18.63 | 6.09 | 140.62 | 2,813.03 Cr |
Promoters: Rajnikant Lallubhai Chanchad, Sonalben Rajnikant Chanchad and Savaliya Dhruv Janakbhai
Strengths & Risks
- Healthy grey-market premium — +8% over the issue price.
- Grey-market premium is trending up during the bidding window.
- Revenue grew 110% in the latest reported year.
- Solid profit margin — 11.0%.
- Strong return on equity — 44%.
Risk signals for Nityas Gems will appear here as subscription, valuation and GMP data arrive. Always read the company-specific risk factors in the RHP before you apply.
Compiled from this issue's live GMP, subscription, valuation and financial data, and updated as those figures change. Informational only — not investment advice. Always read the RHP before applying.
Company Information
Nityas Gems and Jewellery Limited is one of the leading companies in terms of diamond-studded gold jewellery. The company operates its business in two ways: business-to-business (B2B) manufacturing and distribution to retailers and wholesalers, and direct-to-consumer (D2C) omnichannel retail operations through its subsidiary, Ayaani Diamonds and Jewellery. Its gold product portfolio includes rings, earrings, pendants, bracelets, mangalsutras, nose pins, necklaces, cufflinks, and bangles. The firm handles every process, from sourcing raw materials, designing, manufacturing, quality checks, distribution, and selling of products. Moreover, the firm also sells its products to other major jewellery brands such as GIVA, Palmonas, ONYA, and Ladia Diamonds.
Nityas Gems & Jewellery Ltd., Sector-1, 6th & 7th Floor, Ratih House SY-376,, TPS 4, PI-7, Paiki Part-B, Parshottam Farm Compound, Opp. Podar Arcade, Varachha Road, A. K. Road, Surat, Gujarat, 395008
| Purpose | Amount (Cr) |
|---|---|
| Funding Working Capital requirements of the Company | 70.00 |
| General Corporate Purpose | - |
Resources & Documents
Nityas Gems has set a price band of Rs 70–Rs 75 per share for an issue size of Rs 108 crore. The Mainboard issue is scheduled to open for subscription on September 30, 2026 — 2 days from now.
Nityas Gems and Jewellery Limited is one of the leading companies in terms of diamond-studded gold jewellery. The company operates its business in two ways: business-to-business (B2B) manufacturing and distribution to retailers and wholesalers, and direct-to-consumer (D2C) omnichannel retail operations through its subsidiary, Ayaani Diamonds and Jewellery.
The issue is promoted by Rajnikant Lallubhai Chanchad, Sonalben Rajnikant Chanchad and Savaliya Dhruv Janakbhai with Choice Capital Advisors Pvt.Ltd. acting as lead manager. Net proceeds will primarily be used towards Funding Working Capital requirements of the Company (Rs 70 crore) and General Corporate Purpose.
Grey market is quoting a premium of +Rs 6 (+8.0% over issue price).
On fundamentals, the company is posting revenue growth of 109.9%, a profit margin of 11.0%, return on equity of 43.8% in its most recent reported period. Listed peers in this segment include Golkunda Diamonds & JewelleryLimited (P/E 16.61x) and Goldiam International Limited (P/E 21.69x) — useful reference points when evaluating the issue's pricing relative to where the broader sector are trading.
Our data-driven engine currently flags this issue as a Subscribe call — the composite picture tilts favourable, though not without some caveats. All figures below — GMP history, subscription tiers, financials and peers — are aggregated from public disclosures. Always apply through your own broker after reading the RHP.
Nityas Gems IPO GMP — What It Means
The latest grey market premium for Nityas Gems IPO is ₹6 (+8.0%). GMP is an unofficial, dealer-quoted figure that hints at expected listing-day demand — it is not a guaranteed listing price. For Nityas Gems it should be read alongside the subscription numbers and the company's fundamentals, since grey-market premiums can swing sharply during the bidding window.
See the full Nityas Gems GMP history and trend, or learn how grey market premium works and how reliable it is.
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