Nityas Gems IPO
Market Sentiment
IPO Details
IPO Reservation
Market Lot Size
Day-wise Subscription (times subscribed)
Financial Analysis
Financial Data
Financial Performance
| 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 |
Peer Comparison
| 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 & Holding Pattern
Promoters: Rajnikant Lallubhai Chanchad, Sonalben Rajnikant Chanchad and Savaliya Dhruv Janakbhai
| Shareholding | No. of Shares | Holding % |
|---|---|---|
| Promoter Holding Pre Issue | 2,50,61,520 | 58.10% |
| Promoter Holding Post Issue | 2,50,61,520 | 43.51% |
Strengths & Risks
- Revenue grew 110% in the latest reported year.
- Solid profit margin — 11.0%.
- Strong return on equity — 44%.
- Low leverage — debt/equity of 0.29.
- Promoter stake drops to 44% after the issue.
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
About Nityas Gems
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.
Company Contact Information
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
Objects of the Issue
| Purpose | Amount (Cr) |
|---|---|
| Funding Working Capital requirements of the Company | 70.00 |
| General Corporate Purpose | - |
Resources & Documents
Anchor Investors
Nityas Gems IPO - Quick Take
Nityas Gems has set a price band of Rs 70–Rs 75 per share for an issue size of Rs 108 crore. The stock listed with a 9.33% gain versus its issue price on October 08, 2026.
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.
At the upper end of the price band, the issue is priced at a post-issue P/E of 19.38x. 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 is trading.
On our data-signal score, the combined signals for this issue currently read mixed — some indicators read positively and others do not. This is a summary of public data, not a recommendation to apply or skip. Past performance does not predict future returns — review the price chart and peer comparison below before trading.
Frequently Asked Questions
Nityas Gems IPO GMP — What It Means
GMP stops mattering once the shares trade — it only ever estimated the listing price. The summary at the top of this page compares the last pre-listing GMP with how the shares actually listed. Its last GMP before listing was 1.3%. Of the 32 Mainboard IPOs we have tracked with a final GMP under 10%, 19 listed above, 6 flat and 7 below the issue price; Nityas Gems listed 9.3% above its issue price.
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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