Nityas Gems and Jewellery Limited IPO Subscription Update: Issue Subscribed 0.69 Times on Day 2

Nityas Gems and Jewellery Limited IPO Subscription Update: Issue Subscribed 0.69 Times on Day 2
Published on October 1, 2026|Author: Team Choice

Information Subscription

On the second day, Nityas Gems and Jewellery Limited received bids for 99,56,600 shares against 1,44,56,000 shares available for subscription, according to NSE data. The Retail Individual Investors (RIIs) category was subscribed 1.31 times, while the Non-Institutional Investor (NII) category stood at 0.27 times. The QIB portion was subscribed 0.38 times, while the employee portion was subscribed 0.95 times at the time of the latest update. Investors can also visit our IPO page to track subscription updates and other upcoming public issues.

SR. NO. CATEGORY NO OF TIMES OF TOTAL MEANT FOR THE CATEGORY
1. Qualified Institutional Buyers (QIBs) 0.38x
2. Non-Institutional Investors 0.27x
3. Retail Individual Investors (RIIs) 1.31x
4. Employees 0.95x
- Total 0.69x

Nityas Gems and Jewellery IPO Overview & Purpose

Nityas Gems and Jewellery Limited is raising rupee 108.42 crore through a fresh issue of 1.44 crore equity shares. The IPO has a price band of rupee 70–rupee 75 per share, with a lot size of 200 shares, and the shares are proposed to be listed on BSE and NSE. The company plans to use rupee 70 crore of the net IPO proceeds for working capital requirements, while the remaining amount will be used for general corporate purposes. The company manufactures lab-grown diamond-studded gold jewellery and operates primarily through a B2B model, with a D2C business through its subsidiary.

Disclaimer

Investments in the securities market are subject to market risks. Read all related documents carefully before investing. Registration granted by SEBI, and certification from NISM in no way guarantee the performance of the intermediary or provide any assurance of returns to investors. Choice Equity Broking Private Limited: SEBI Reg No. Broking - INZ000160131 ( BSE - 3299 ) | ( NSE - 13773 ) | ( MSEI - 73200 ) | ( MCX - 40585 ) | ( NCDEX - 01006 ). Depository Participant SEBI Reg. No. - IN - DP - 84 - 2015, DP ID CDSL - 12066900, NSDL ID - IN301895. Research Analyst - INH000000222 (CIN. NO.: U65999MH2010PTC198714)

Please note that the information shared is intended solely for informational purposes and does not make any investment recommendations