Nityas Gems and Jewellery Ltd, a company engaged in the design, manufacturing, and sale of lab-grown diamond-studded gold jewellery, plans to raise ₹108 Cr through an IPO.
[Fresh Issue ₹108 Cr + OFS NIL]
Nityas gems and jewellery ipo price: ₹70–₹75 per share
Nityas Gems and Jewellery: History
The Company was originally incorporated as Nityas Gems and Jewellery Pvt Ltd., a private limited company under the Companies Act, 2013, on April 26, 2022.
It was then converted into a public limited company on May 24, 2025, under a special resolution passed by the shareholders.
The Company changed its name to Nityas Gems and Jewellery Ltd, and the RoC issued a fresh certificate of incorporation on July 2, 2025.
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Nityas Gems and Jewellery: Business
Nityas Gems and Jewellery Ltd is engaged in the design, manufacturing, and sale of “lab-grown diamond studded gold jewellery” in India.
The Company offers a range of lab-grown diamond-studded gold jewellery products across categories, such as –
- Rings,
- Earrings,
- Pendants,
- Bracelets,
- Mangalsutras,
- Nose Pins,
- Necklaces,
- Cufflings, and
- Bangles.
The Company operates through an integrated business model comprising,
- Business-to-Business (B2B) manufacturing and distribution to organized retailers, standalone retailers, and wholesalers; and
- Direct-to-Consumer (D2C) omnichannel retail operations through its own subsidiary, Ayaani Diamonds and Jewellery Private Limited.
Nityas supply lab-grown diamond-studded gold jewellery to clients based on designs developed by the company and customised to their specific requirements, including design, weight, purity, and finishing.
Manufacturing Operations
Manufacturing operations of the company are carried out at Ratih House, Varachha Road, Surat, Gujarat, with an area of approximately 7,000 sq. ft.
Network
Its B2B network covers clients across 18 states and 2 union territories in India, along with overseas markets including Australia, Canada, the UAE, Taiwan, and Kenya.
Client List
The Company’s B2B clients include organised jewellery retailers such as GIVA, ONYA, Palmonas, and Ladia Diamonds, among others.
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Strategies Ahead
Enhance and broaden customer base across segments.
Focus on the domestic market while evaluating selective export opportunities.
Increase participation in marketing and industry engagement initiatives.
Augment working capital resources to support business operations.
Strengthen design-led product innovation and expand product portfolio.
Expand and strengthen D2C omnichannel presence under the Ayaani brand.
Company Promoters
- Rajnikant Lallubhai Chanchad,
- Sonalben Rajnikant Chanchad,
- Savaliya Dhruv Janakbhai.
Refer to Nityas Gems and Jewellery Limited DRHP for more information.
IPO Detail
ipo date: 30 Sep – 5 Oct 2026
Minimum Amount: ₹15,000
Minimum Bid: 200 Shares
Face Value: INR 5 per share
Listing On: NSE, BSE
Financial
Book Running Lead Manager
Choice Capital Advisors
CONCLUSION
Considering financial performance and the nature of the business, FinBlab recommends a ‘SUBSCRIBE’ rating (keeping a long-term view in mind) for the Nityas Gems and Jewellery Limited ipo.
Do come back to learn more about “upcoming IPOs”.
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