New Delhi, Oct. 8 -- Nityas Gems & Jewellery shares made a positive debut on the stock exchanges on October 8, listing at a premium of around 9% over the IPO price on the BSE. The stock was later locked in a 5% upper circuit and traded more than 14% above its issue price.

The stock listed at Rs.82 per share on the BSE, marking a 9.33% premium over the IPO price of Rs.75. On the NSE, the shares debuted at Rs.80, representing a 6.67% premium over the issue price.

Nityas Gems & Jewellery is engaged in the design, manufacturing and sale of lab-grown diamond-studded gold jewellery in India. The company raised Rs.108.42 crore through its IPO, which comprised 1.4456 crore equity shares with a face value of Rs.5 each. The price band was fixed a...