Nityas Gems and Jewellery IPO Subscription Status Day 1: 0.19x So Far, Retail Portion at 0.51x

Mumbai | 30 September 2026 

Nityas Gems and Jewellery Limited, a Gujarat-based jewellery maker, had received bids for 28,14,400 shares against 1,44,56,000 shares on offer as of 4:32 pm on Wednesday, 30 September 2026, the first day of its IPO. The bids came from 10,240 applications. 

What Is the Nityas Gems and Jewellery IPO Subscription Status on Day 1? 

The subscription figure compares the shares bid for with the shares on offer. As of 4:32 pm on Day 1, the issue stood at 0.19x overall. 

Retail investors apply for up to ₹2 lakh, NIIs apply for more than ₹2 lakh and QIBs are large institutions. 

What Is the Nityas Gems and Jewellery IPO GMP on Day 1? 

The grey market premium (GMP) is the amount above the issue price at which IPO shares trade unofficially before listing. On 30 September 2026, Nityas Gems and Jewellery shares were trading around the issue price in the grey market. 

GMP is an unofficial, informal indicator and does not guarantee the actual listing price or future performance of the stock. 

What Are the Key Details of the Nityas Gems and Jewellery IPO? 

The company has fixed the price band, the range within which investors can bid, at ₹70 to ₹75 per share. Investors can bid for a minimum of one lot of 200 shares, which costs ₹15,000 at the upper end. 

The ₹108.42 crore IPO is entirely a fresh issue of 1.44 crore equity shares, so the money raised goes to the company. The issue reserves 1,00,000 shares for employees, who get a discount of ₹7 per share. 

The anchor book, for large institutions, opened on Tuesday, 29 September 2026. 

• Face value: ₹5 per share. 

• Listing: BSE and the National Stock Exchange of India (NSE). 

• Lead manager: Choice Capital Advisors Private Limited. 

• Registrar: Bigshare Services Private Limited, which handles share allotment. 

How Will Nityas Gems and Jewellery Use the IPO Proceeds? 

The company plans to use the net proceeds as follows: 

• ₹70 crore for working capital, the money needed to run day-to-day operations. 

• The remaining amount for general corporate purposes. 

What Does Nityas Gems and Jewellery Do? 

Incorporated in April 2022, Nityas Gems and Jewellery designs, manufactures and sells lab-grown diamond-studded gold jewellery. It works mainly on a business-to-business (B2B) model, making jewellery for retailers and wholesalers. Its B2B customers include GIVA, Palmonas, ONYA and Ladia Diamonds. 

The company also has a direct-to-consumer (D2C) business through its subsidiary, Ayaani Diamonds and Jewellery Private Limited, which runs an omnichannel retail business selling through several channels. 

What Are the Key Dates for the Nityas Gems and Jewellery IPO? 

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