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Nityas Gems and Jewellery Limited, incorporated April 2022 and based in Surat, Gujarat, designs, manufactures and sells lab-grown diamond studded gold jewellery through an integrated B2B and D2C model. B2B customers include GIVA, Palmonas, ONYA and Ladia Diamonds; D2C operations run through subsidiary Ayaani Diamonds and Jewellery (acquired July 2025), with 10 physical retail stores across 8 cities plus an online storefront. Supplies jewellery across 18 states, 2 Union Territories and 5 countries (UAE, Australia, Canada, Taiwan, Kenya) from its Surat manufacturing facility. Revenue Rs 203.33 Cr (FY26) vs Rs 96.85 Cr (FY25), +110%; PAT Rs 22.32 Cr vs Rs 9.79 Cr, +128%. Promoters: Rajnikant Lallubhai Chanchad, Sonalben Rajnikant Chanchad, Savaliya Dhruv Janakbhai. Entirely fresh issue of 1.45 crore shares, no OFS. Final subscription: 2.26x overall (Retail 4.06x, NII 2.05x, QIB 1.06x). Allotment Oct 6, listing Oct 8, 2026. Listed on Oct 8, 2026 at Rs 82 on BSE (up 9.33 percent) and Rs 80 on NSE (up 6.67 percent) against the Rs 75 issue price.