Various companies from different sectors are taking steps towards an IPO to enhance their business.
Nityas Gems and Jewellery, a gold jewellery maker, is also planning for an IPO filed its Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India on March 30.
The company is issuing 1.44 crore new shares to the public, and all the money raised will go to the company itself.
From the IPO money, ₹70 crore of proceeds will be used for the working capital requirements, and the remaining amount for general corporate purposes.
Nityas Gems and Jewellery peer groups:
The company, which competes with listed peers like Golkunda Diamonds & Jewellery, Goldiam International, and Renaissance Global, reported a profit of ₹8.5 crore and revenue of ₹88.5 crore for the six months ended September 2025.
Nityas Gems and Jewellery IPO lead manager:
Choice Capital Advisors has been appointed as the merchant banker for the IPO of Nityas Gems and Jewellery.
About us
Nityas Gems is one of the leading companies in terms of gold jewellery. It has two stunning ways of business, including:
The company runs via two business models – business-to-business (B2B) manufacturing and distribution to retailers and wholesalers, and direct-to-consumer (D2C) omnichannel retail operations through its subsidiary, Ayaani Diamonds and Jewellery.
Nityas Gems and Jewellery IPO Prospectus:
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | To be Updated Soon |
Nityas Gems and Jewellery Company Financial Report
Amount ₹ in Crores
| Period Ended | Revenue | Expense | Profit After Tax |
| 2023 | ₹11.67 | ₹11.36 | ₹0.25 |
| 2024 | ₹53.66 | ₹48.73 | ₹4.02 |
| 2025 | ₹96.85 | ₹84.95 | ₹9.79 |
| Sep 2025 | ₹88.76 | ₹78.54 | ₹8.53 |
Nityas Gems and Jewellery IPO Valuation – FY2025
Nityas Gems and Jewellery IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| Earning Per Share (EPS): | ₹4.37 (Basic) |
| Price/Earning P/E Ratio: | N/A |
| Return on Net Worth (RoNW): | 70.17% |
| Net Asset Value (NAV): | ₹9.53 |
Peer Group Comparison
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
| Golkunda Diamonds & Jewellery Limited | 16.97 | 16.93 | 19.78% | 93.91 | 252.44 Cr. |
| Goldiam International Limited | 10.97 | 26.99 | 16.96% | 69.30 | 780.98 Cr. |
| Renaissance Global Limited | 7.68 | 12.17 | 5.73% | 140.20 | 2080.98 Cr. |
Objects of the Issue
- Funding the Working Capital requirements of the Company
- General corporate purposes
