IPO GMP comparison, Oct. 6 -- Nityas Gems & Jewellery IPO and Vishal Nirmiti IPO is all set to enter the next phase after subscription period. The allotment of both mainboard IPOs are likely to be finalised on Tuesday, 6 October.

The shares of both Nityas Gems & Jewellery and Vishal Nirmiti are likely to be listed on both BSE and NSE, with tentative listing date fixed as 8 October.

The Nityas Gems & Jewellery IPO was subscribed 2.25 times overall, indicating healthy investor interest in the issue. The retail portion received the strongest response, with subscription reaching 4.04 times, while the Non-Institutional Investors (NII) category was subscribed 2.05 times. The Qualified Institutional Buyers (QIB) portion saw comparatively moder...