Nityas Gems & Jewellery IPO opens for subscription today, September 30, giving investors a window to bid until October 5. The Rs 108.35-crore public issue is entirely fresh. In the grey market, the IPO is currently commanding a premium of Rs 5, or 7%, over the upper end of its price band.
The Nityas Gems & Jewellery IPO is a book-built issue comprising a fresh issue of 1.45 crore shares aggregating to Rs 108.35 crore. The issue will close on October 5, while the basis of allotment is expected to be finalised on October 6. The shares are proposed to list on both the NSE and BSE, with October 8 as the tentative listing date.
