GENERAL2 Oct 2026
IPO GMP compared: Vishal Nirmiti vs Nityas Gems and Jewellery - Key dates, subscription status, listing price prediction | Stock Market News
Two small IPOs, Vishal Nirmiti and Nityas Gems and Jewellery, opened on 30 September and close on 5 October. Vishal Nirmiti is 57% subscribed, while Nityas is 69%. Grey market premium suggests Vishal may list near ₹240 and Nityas near ₹79. These are grey market signals, not guarantees, so weigh the risks before you apply.
Key Statutory Highlights
- Vishal Nirmiti's IPO was 57% subscribed, while Nityas Gems and Jewellery's was 69% by the end of the second bidding day.
- Vishal Nirmiti's grey market premium is +20, indicating an estimated listing price of ₹240 against its price band of ₹208 to ₹220 per share.
- Nityas Gems and Jewellery's grey market premium is +4, indicating an estimated listing price of ₹79 against its price band of ₹70 to ₹75 per share.
Actionable Advice for Taxpayers / Founders:Apply only if the issue suits your own goals and risk comfort, and remember the grey market premium is unofficial and can change, so don't treat the estimated listing price as certain.
Statutory Disclaimer: TaxQue Shorts are AI-assisted editorial briefs for compliance awareness. This brief has not passed every source check; confirm the original notification before acting. This does not constitute formal legal or CA counsel.
TaxQue News Desk
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