Nityas Gems & Jewellery IPO ends with 2.25 times subscription
Mumbai, Oct. 6 -- The initial public offer of Nityas Gems & Jewellery received bids for 3,25,84,000 shares as against 1,44,56,000 shares on offer. The issue was subscribed 2.25 times.
The qualified institutional buyers' (QIB) portion was subscribed 1.06 times, while the non-institutional investors' (NII) category was subscribed 2.05 times. The retail individual investors' (RII) segment was subscribed 4.04 times.
The issue opened for bidding on 30 September 2026 and closed on 5 October 2026. The price band of the IPO is fixed between Rs 70 and 75 per share.
The IPO is entirely a fresh issue of shares worth Rs 108.42 crore at the upper price band of Rs 75. There is no OFS component. At the upper end of the price band, the company is expe...
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