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Nityas Gems and Vishal Nirmiti IPO Allotments in Focus

Nityas Gems and Vishal Nirmiti IPO Allotments in Focus
IPO GMP comparison: Nityas Gems & Jewellery, Vishal Nirmiti allotment in focus · livemint.com

Two companies, Nityas Gems & Jewellery and Vishal Nirmiti, finished selling shares to investors.

The article said their allotments were expected to be finalized on October 6, 2026.

Nityas Gems & Jewellery received more applications compared with the number of shares offered than Vishal Nirmiti did.

In the grey market, their shares were being quoted ₹1 and ₹2 above their offer prices.

Those prices suggested small possible gains when the shares list, but they were estimates, not guarantees.

The companies were scheduled to list on October 8.

Investors who got shares were expected to see them credited on October 7, while others were expected to receive refunds.

Investors could check their allotment status through exchange or registrar websites.

Key facts

Nityas Gems & Jewellery subscription
2.25 times overall; retail 4.04 times, NII 2.05 times, QIB 1.06 times.
Vishal Nirmiti subscription
1.71 times overall; retail 1.67 times, NII 1.81 times, QIB 1.27 times.
Nityas issue price and GMP
Issue price ₹75; reported grey-market premium ₹1.
Vishal issue price and GMP
Issue price ₹220; reported grey-market premium ₹2.
Estimated listing prices
Nityas: ₹76 (1.33% above issue price); Vishal Nirmiti: ₹222 (0.91% above issue price).
Expected allotment and listing
Allotment October 6, 2026; tentative listing October 8.
Expected refunds and share credits
October 7, 2026.
Registrars
Bigshare Services Pvt. Ltd. for Nityas Gems & Jewellery; MUFG Intime India Pvt. Ltd. for Vishal Nirmiti.

Sources

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