Nityas Gems & Jewellery gains on debut

Shares of Nityas Gems & Jewellery were currently trading at Rs 79 at 10:05 IST on the BSE, representing a premium of 5.33% as compared with the issue price of Rs 75.

The stock debuted at Rs 82 on the BSE, a premium of 9.33% over its issue price.

So far, the stock has hit a high of Rs 83.10 and a low of Rs 77.91. On the BSE, over 4.09 lakh shares of the company were traded in the counter so far.

The initial public offer of Nityas Gems & Jewellery was subscribed 2.25 times. The issue opened for bidding on 30 September 2026 and closed on 5 October 2026. The price band of the IPO was Rs 70 and 75 per share.

The IPO comprised an entirely fresh issue of shares worth Rs 108.42 crore at the upper price band of Rs 75, with no OFS component. At the upper end of the price band, the company was expected to be valued at Rs 431.95 crore post listing.

The funds of Rs 70 crore raised were to be used for funding working capital requirements, while the balance was to be utilized for general corporate purposes.

Nityas Gems and Jewellery is engaged in the design, manufacturing and sale of lab-grown diamond-studded gold jewellery through B2B and D2C channels. The company supplies jewellery to organized retailers, standalone retailers and wholesalers across India and overseas markets, while its subsidiary Ayaani Diamonds and Jewellery operates the D2C retail business through online and physical stores. Its product portfolio includes rings, earrings, pendants, bracelets, mangalsutras, necklaces and other jewellery across daily wear, occasion-based, men?s and customised segments.

The firm reported a consolidated net profit of Rs 22.32 crore and sales of Rs 202.89 crore for the twelve months ended on 31 March 2026.

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