Nityas Gems and Jewellery recently launched an initial public offering (IPO) consisting of 1.45 crore fresh shares valued at ₹108.35 crore. The IPO did not include any offer for sale (OFS) shares. The allotment status for this IPO is scheduled to be finalized on October 6, 2026. Investors who applied can check their allotment status online through the National Stock Exchange (NSE), Bombay Stock Exchange (BSE), and Bigshare Services websites.
- The IPO was fully subscribed 2.25 times, receiving bids for over 3.25 crore shares against 1.45 crore shares on offer.
- Funds raised will be used primarily for working capital and general corporate purposes.
- Nityas Gems and Jewellery specializes in lab-grown diamond-studded gold jewellery.
- The company operates through both business-to-business manufacturing and direct-to-consumer retail channels.
- Shares will be listed on NSE and BSE on October 8, 2026, at 10 am.
What is the Nityas Gems and Jewellery IPO?
Nityas Gems and Jewellery IPO was a fresh issuance of 1.45 crore shares aimed at raising ₹108.35 crore. Unlike some IPOs, this one did not have an offer for sale component, meaning no existing shareholders sold their shares during this offering. The company focuses on designing, manufacturing, and selling lab-grown diamond-studded gold jewellery, a growing segment in the jewellery market.
How was the IPO subscribed?
The IPO was oversubscribed by 2.25 times. This means investors applied for more than twice the number of shares available. Specifically, bids were received for 3,25,84,000 shares against the 1,44,56,000 shares offered. Such oversubscription indicates strong investor interest in the company and its business model.
How will the funds from the IPO be used?
The company plans to use approximately ₹70 crore of the funds raised for working capital requirements. The remaining amount will be allocated to general corporate purposes. These uses are typical for companies raising capital through IPOs, helping support growth and operational needs.
How can investors check their IPO allotment status?
Investors who applied for the Nityas Gems and Jewellery IPO can check their allotment status online once it is finalized. The basis of allotment is expected to be completed by the evening of October 6, 2026. Allotment details will be available on the official websites of the National Stock Exchange (NSE), Bombay Stock Exchange (BSE), and Bigshare Services. Investors should visit these platforms and enter their application details to confirm their share allotment.
When will the shares be listed on stock exchanges?
The shares of Nityas Gems and Jewellery are scheduled to be listed on the NSE and BSE on October 8, 2026, at 10 am. Listing on these exchanges will allow investors to buy and sell shares in the open market, providing liquidity and market valuation for the company.
What benefits does the company expect from listing?
According to the company’s red herring prospectus, listing its equity shares on stock exchanges will enhance its corporate image and increase brand visibility. It will also improve access to capital markets and boost credibility with stakeholders. These benefits are common reasons companies choose to go public.
