Nityas Gems & Jewellery receives SEBI approval for IPO

Nityas Gems & Jewellery Limited has received approval from the Securities and Exchange Board of India (SEBI) to proceed with its proposed initial public offering (IPO).

SEBI issued its observation letter to Nityas Gems & Jewellery on July 23, 2026. With regulatory approvals in place, the company can now move ahead with the next stages of its IPO process, including announcing its price bands and subscription schedules.

Nityas Gems & Jewellery (India) Ltd. designs, manufactures, and sells lab-grown diamond-studded gold jewellery in India. The company operates through a dual business model, serving organised retailers, standalone jewellers and wholesalers through its B2B segment, while also catering directly to consumers through its subsidiary, Ayaani Diamonds and Jewellery Private Limited.

Its product portfolio includes rings, earrings, pendants, bracelets, necklaces, mangalsutras, bangles and other jewellery across daily wear, occasion wear and customised collections. The company primarily focuses on lightweight, affordable lab-grown diamond jewellery, catering to the growing demand for accessible luxury and modern jewellery designs.