The Nityas Gems & Jewellery IPO is a book-built issue worth ₹108.35 crore, made up entirely of a fresh issue of 1.45 crore shares.
The Nityas Gems & Jewellery IPO opened for bidding on Sep 30, 2026 and closes on Oct 5, 2026. Allotment is expected to be finalized on Oct 6, and the shares will list on the NSE and BSE on Oct 8, 2026 (tentative).
The Nityas Gems & Jewellery IPO has a price band of ₹70 to ₹75 per share, with a lot size of 200 shares. At the upper price band, retail investors need a minimum of ₹15,000 (1 lot, 200 shares).
Under the Nityas Gems & Jewellery IPO, up to 1,00,000 shares are reserved for employees, who get a discount of ₹7.00 on the issue price.
For the Nityas Gems & Jewellery IPO, Choice Capital Advisors Pvt. Ltd. is the book running lead manager, and Bigshare Services Pvt. Ltd. is the registrar.
| Category | Min Lots | Shares | Amount |
|---|---|---|---|
| Retail (sNII) | 1 | 68 | ₹14,960 |
| Category | Sub (×) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| QIB | 1.33× | 80,909 | 1,07,372 | ₹2.36 Cr |
| NII / HNI (Total) | 1.89× | 23,46,364 | 44,45,908 | ₹97.81 Cr |
| Retail Investors | 1.75× | 56,63,636 | 98,93,456 | ₹217.66 Cr |
| Market Maker * | 1× | — | — | — |
| Total ** | 1.79× | 80,90,909 | 1,44,46,736 | ₹317.83 Cr |
| Metric | 31 Mar 2026 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Revenue | 344.13 | 324.86 | 247.93 |
| PAT | 24.98 | 23.64 | 3.45 |
| EBITDA | 51.13 | 46.48 | 23.14 |
| Net Worth | 86.34 | 61.12 | 38.12 |
| Total Assets | 334.92 | 296.61 | 242.04 |
| Reserves | 66.98 | 59.76 | 36.76 |
| Borrowings | 87.42 | 88.05 | 91.75 |
Incorporated in 1994, Vishal Nirmiti Limited (formerly Sejal Farms Private Limited) is a civil engineering, manufacturing, and construction company primarily engaged in manufacturing and dealing of Pre-Stressed Concrete (PSC) sleepers for railways, pre-cast and pre-stressed concrete products, as well as fabrication and erection of Mild Steel (MS) pipes, liners, and penstock pipes for Pumped Storage Projects (PSPs).
The company also provides engineering, procurement, and construction (EPC) services for railway infrastructure, irrigation, and civil engineering projects across sectors such as railways, renewable power, and industrial infrastructure.
Business Segments:
VNL has a pan-India presence with operational units across Maharashtra, Madhya Pradesh, Gujarat, Himachal Pradesh, Uttar Pradesh, Odisha, and Karnataka and is led by a highly experienced promoter group with over four decades of domain expertise
As of June 30, 2026, the Company employed 420 employees in various departments.
Competitive Strengths:
