Nityas Gems & Jewellery Ltd. is scheduled to open its IPO on September 30 and close the issue on October 5. The company plans to raise around Rs.108.42 crore through a fresh issue of approximately 1.45 crore shares, with the price band fixed at Rs.70–75 per share.
The company operates in the jewellery segment, including lab-grown diamond-studded gold jewellery. According to the IPO documents, the proceeds are intended mainly for working-capital requirements and general corporate purposes. The proposed listing is on BSE and NSE.
