Nityas Gems & Jewellery IPO

Latest update · 1 Oct 2026

Nityas Gems & Jewellery IPO Day 2: Subscription Patterns, Financial Analysis and Valuation Insights

Explore the Nityas Gems & Jewellery IPO details, subscription status, financial metrics, valuation multiples, and grey market sentiment ahead of its closing date.

• The Nityas Gems & Jewellery IPO features a price band set between Rs 70 and Rs 75 per equity share.
• The fresh issue seeks to raise Rs 108.35 crore, with Rs 70 crore earmarked for working capital requirements.
• Day-one bidding reached an overall subscription of 20%, led predominantly by retail interest at 52%.
• FY26 financial results show a total income of Rs 203 crore and a PAT of Rs 22 crore, indicating rapid annual growth.
• Valuation metrics at the upper price band imply a FY26 P/E of 19.4x and an EV/EBITDA of 14.8x, resulting in a market capitalisation of Rs 4,319 million.
• The unofficial grey market premium of Rs 5 yields a calculated indication based on the reported GMP of approximately Rs 80 per share.