{"id":294884,"date":"2026-10-08T13:09:46","date_gmt":"2026-10-08T07:39:46","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=294884"},"modified":"2026-10-08T13:09:46","modified_gmt":"2026-10-08T07:39:46","slug":"ipo-listings-today-8-october-2026-nityas-gems-vs-vishal-nirmiti-premium-discount-gains","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/ipo-listings-today-8-october-2026-nityas-gems-vs-vishal-nirmiti-premium-discount-gains\/","title":{"rendered":"IPO Listings Today, 8 October: Nityas Gems and Jewellery Lists at a 9% Premium and Hits the Upper Circuit While Vishal Nirmiti Lists at a 2.3% Discount, Gains and Losses Per Lot, Valuations, Subscription and What to Do Now"},"content":{"rendered":"<p style=\"border-left:4px solid #1F4E79;background:#EBF3FB;padding:10px 16px;font-style:italic;\"><em>8 Oct: Nityas Gems listed Rs 82 (+9.3% vs Rs 75), upper circuit Rs 86.10. Vishal Nirmiti listed Rs 215 (-2.27% vs Rs 220), subscribed 1.71x.<\/em><\/p>\n<div style=\"background:#F0F9FF;border-left:4px solid #2E7D32;border-radius:6px;padding:14px 18px;margin:18px 0;\">\n<p style=\"margin:0;color:#1F4E79;font-size:14px;\"><strong>Quick Answer<\/strong><\/p>\n<p style=\"margin:8px 0 0;\">IPO listings today were split: Nityas Gems and Jewellery listed at Rs 82 against its issue price of Rs 75, a premium of about 9.3%, and then hit the 5% upper circuit at about Rs 86.10, which is about 14.8% above the issue price, while Vishal Nirmiti listed at Rs 215 against Rs 220, a discount of about 2.27%. A lot of Nityas Gems (200 shares) would be worth about Rs 1,400 more at the listing price and about Rs 2,220 more at the upper circuit, while an allotted lot of Vishal Nirmiti (68 shares) lost about Rs 340 at the listing price, my calculations. The split follows the subscription, where Nityas Gems was bid 2.26 times with retail at 4.07 times, while Vishal Nirmiti drew only 1.71 times, and the valuations were close to fully priced at 19.4 times and 23.2 times FY26 earnings according to Anand Rathi. Allottees can decide using the stop-loss and horizon points below, and the next sessions will show whether Nityas Gems holds the circuit.<\/p>\n<\/p><\/div>\n<p>IPO listings today come in a weak market, with the Sensex down about 700 points, so the listing day gains and losses should be read with that backdrop. Both companies listed on the NSE and the BSE on Thursday after bidding from 30 September to 5 October.<\/p>\n<p>If you were allotted shares or are weighing a buy, this article covers IPO listings today at a glance, the Nityas Gems listing at Rs 82 against Rs 75 (9.3%) and the Vishal Nirmiti listing at Rs 215 against Rs 220 (2.27% discount), IPO listing gains and losses per lot, the Rs 108.35 crore and Rs 178 crore issues and their subscription, valuations from Anand Rathi, the businesses, the strategy for allottees and non-allottees and the risks.<\/p>\n<p style=\"margin-top:24px;\"><strong><a href=\"https:\/\/univest.in\/user\/log-in?utm_source=blogs&#038;utm_medium=ipo-listings-today-8-october-2026-nityas-gems-vs-vishal-nirmiti-premium-discount-gains\">Click Here &#8211; Get Free Investment Predictions<\/a><\/strong><\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/univest.in\/blogs-2\/ipo-listings-today-8-october-2026-nityas-gems-vs-vishal-nirmiti-premium-discount-gains\/#IPO_Listings_Today_at_a_Glance_Nityas_Gems_vs_Vishal_Nirmiti\" title=\"IPO Listings Today at a Glance: Nityas Gems vs Vishal Nirmiti\">IPO Listings Today at a Glance: Nityas Gems vs Vishal Nirmiti<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/ipo-listings-today-8-october-2026-nityas-gems-vs-vishal-nirmiti-premium-discount-gains\/#IPO_Listing_Gains_and_Losses_Per_Lot_in_IPO_Listings_Today\" title=\"IPO Listing Gains and Losses Per Lot in IPO Listings Today\">IPO Listing Gains and Losses Per Lot in IPO Listings Today<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/ipo-listings-today-8-october-2026-nityas-gems-vs-vishal-nirmiti-premium-discount-gains\/#The_Nityas_Gems_Listing_The_Best_of_IPO_Listings_Today\" title=\"The Nityas Gems Listing: The Best of IPO Listings Today\">The Nityas Gems Listing: The Best of IPO Listings Today<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/ipo-listings-today-8-october-2026-nityas-gems-vs-vishal-nirmiti-premium-discount-gains\/#The_Vishal_Nirmiti_Listing_The_Weaker_Debut_in_IPO_Listings_Today\" title=\"The Vishal Nirmiti Listing: The Weaker Debut in IPO Listings Today\">The Vishal Nirmiti Listing: The Weaker Debut in IPO Listings Today<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/ipo-listings-today-8-october-2026-nityas-gems-vs-vishal-nirmiti-premium-discount-gains\/#What_Allottees_Can_Do_After_IPO_Listings_Today\" title=\"What Allottees Can Do After IPO Listings Today\">What Allottees Can Do After IPO Listings Today<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/ipo-listings-today-8-october-2026-nityas-gems-vs-vishal-nirmiti-premium-discount-gains\/#Risks_After_IPO_Listings_Today\" title=\"Risks After IPO Listings Today\">Risks After IPO Listings Today<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/univest.in\/blogs-2\/ipo-listings-today-8-october-2026-nityas-gems-vs-vishal-nirmiti-premium-discount-gains\/#What_to_Watch_Next_After_IPO_Listings_Today\" title=\"What to Watch Next After IPO Listings Today\">What to Watch Next After IPO Listings Today<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/univest.in\/blogs-2\/ipo-listings-today-8-october-2026-nityas-gems-vs-vishal-nirmiti-premium-discount-gains\/#Conclusion\" title=\"Conclusion\">Conclusion<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/univest.in\/blogs-2\/ipo-listings-today-8-october-2026-nityas-gems-vs-vishal-nirmiti-premium-discount-gains\/#Frequently_Asked_Questions\" title=\"Frequently Asked Questions\">Frequently Asked Questions<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/univest.in\/blogs-2\/ipo-listings-today-8-october-2026-nityas-gems-vs-vishal-nirmiti-premium-discount-gains\/#How_did_the_IPO_listings_today_go\" title=\"How did the IPO listings today go?\">How did the IPO listings today go?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/univest.in\/blogs-2\/ipo-listings-today-8-october-2026-nityas-gems-vs-vishal-nirmiti-premium-discount-gains\/#What_are_the_IPO_listing_gains_on_a_Nityas_Gems_lot\" title=\"What are the IPO listing gains on a Nityas Gems lot?\">What are the IPO listing gains on a Nityas Gems lot?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/univest.in\/blogs-2\/ipo-listings-today-8-october-2026-nityas-gems-vs-vishal-nirmiti-premium-discount-gains\/#How_did_the_Vishal_Nirmiti_listing_affect_a_lot\" title=\"How did the Vishal Nirmiti listing affect a lot?\">How did the Vishal Nirmiti listing affect a lot?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/univest.in\/blogs-2\/ipo-listings-today-8-october-2026-nityas-gems-vs-vishal-nirmiti-premium-discount-gains\/#How_were_the_subscriptions\" title=\"How were the subscriptions?\">How were the subscriptions?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/univest.in\/blogs-2\/ipo-listings-today-8-october-2026-nityas-gems-vs-vishal-nirmiti-premium-discount-gains\/#What_do_the_valuations_look_like\" title=\"What do the valuations look like?\">What do the valuations look like?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/univest.in\/blogs-2\/ipo-listings-today-8-october-2026-nityas-gems-vs-vishal-nirmiti-premium-discount-gains\/#What_do_the_companies_do\" title=\"What do the companies do?\">What do the companies do?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/univest.in\/blogs-2\/ipo-listings-today-8-october-2026-nityas-gems-vs-vishal-nirmiti-premium-discount-gains\/#What_are_the_risks_after_IPO_listings_today\" title=\"What are the risks after IPO listings today?\">What are the risks after IPO listings today?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/univest.in\/blogs-2\/ipo-listings-today-8-october-2026-nityas-gems-vs-vishal-nirmiti-premium-discount-gains\/#Should_I_buy_or_sell_after_IPO_listings_today\" title=\"Should I buy or sell after IPO listings today?\">Should I buy or sell after IPO listings today?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"IPO_Listings_Today_at_a_Glance_Nityas_Gems_vs_Vishal_Nirmiti\"><\/span><strong>IPO Listings Today at a Glance: Nityas Gems vs Vishal Nirmiti<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table style=\"border-collapse:collapse;width:100%;\">\n<tr>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Item<\/th>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Nityas Gems and Jewellery<\/th>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Vishal Nirmiti<\/th>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Issue price<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Rs 75 (band Rs 70 to Rs 75)<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Rs 220 (band Rs 208 to Rs 220)<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Listing price<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Rs 82 on NSE and BSE<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Rs 215 on NSE and BSE<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Listing gain or loss<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Premium of about 9.3%<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Discount of about 2.27%<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Later move<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Hit the 5% upper circuit near Rs 86.10, about 14.8% above issue<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Not stated here<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Issue size<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">About Rs 108.35 crore, all fresh<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Rs 178 crore: fresh Rs 145 crore and offer for sale Rs 33 crore<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Subscription<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">2.26 times<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">1.71 times<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Lot size<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">200 shares, about Rs 15,000<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">68 shares, about Rs 14,960<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Lead manager<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Choice Capital Advisors<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Saffron Capital Advisors<\/td>\n<\/tr>\n<\/table>\n<p>The table shows that the better-subscribed issue with strong retail demand listed higher, which is the common pattern in IPO listings today.<\/p>\n<p style=\"margin-top:24px;\"><strong><a href=\"https:\/\/univest.in\/screeners\">Check the Univest Screener for live data on newly listed stocks<\/a><\/strong><\/p>\n<h2><span class=\"ez-toc-section\" id=\"IPO_Listing_Gains_and_Losses_Per_Lot_in_IPO_Listings_Today\"><\/span><strong>IPO Listing Gains and Losses Per Lot in IPO Listings Today<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table style=\"border-collapse:collapse;width:100%;\">\n<tr>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Scenario<\/th>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Nityas Gems, 200 shares<\/th>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Vishal Nirmiti, 68 shares<\/th>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">At the listing price<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Gain of about Rs 1,400 (Rs 7 a share)<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Loss of about Rs 340 (Rs 5 a share)<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">At the 5% upper circuit<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Gain of about Rs 2,220 (Rs 11.10 a share)<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Not applicable<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Percentage at listing<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">About 9.3%<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">About minus 2.27%<\/td>\n<\/tr>\n<\/table>\n<p>These are my calculations from the issue and listing prices and do not include brokerage or taxes, and the closing price may differ from the listing price in IPO listings today.<\/p>\n<p style=\"margin-top:24px;\"><em>Download the <a href=\"http:\/\/apps.apple.com\/in\/app\/univest-stocks-investment\/id6443753518\" rel=\"nofollow noopener\" target=\"_blank\">Univest iOS App<\/a> or <a href=\"http:\/\/play.google.com\/store\/apps\/details?id=com.univest.capp&#038;hl=en_IN\" rel=\"nofollow noopener\" target=\"_blank\">Univest Android App<\/a> to track newly listed stocks and IPO listings today live.<\/em><\/p>\n<h2><span class=\"ez-toc-section\" id=\"The_Nityas_Gems_Listing_The_Best_of_IPO_Listings_Today\"><\/span><strong>The Nityas Gems Listing: The Best of IPO Listings Today<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table style=\"border-collapse:collapse;width:100%;\">\n<tr>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Point<\/th>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Detail<\/th>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Business<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Designs, manufactures and sells lab-grown diamond-studded gold jewellery; B2B supply to organised retailers, standalone retailers and wholesalers; incorporated in April 2022<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Subscription<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">2.26 times: retail 4.07 times, NII 2.05 times and QIB 1.06 times<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Valuation<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">About 19.4 times FY26 earnings and 14.8 times EV\/EBITDA, with a market value near Rs 432 crore at the upper band; Anand Rathi called it fully priced<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Grey market<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">A premium of about Rs 1 before listing, which implied about Rs 76<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Use of funds<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Working capital and general corporate purposes<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Listing<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Rs 82, then the 5% upper circuit<\/td>\n<\/tr>\n<\/table>\n<p>Nityas Gems listed well above the grey market hint, which shows strong retail demand, but at 19.4 times earnings the valuation leaves limited room, so IPO listings today for a small issue can reverse quickly.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"The_Vishal_Nirmiti_Listing_The_Weaker_Debut_in_IPO_Listings_Today\"><\/span><strong>The Vishal Nirmiti Listing: The Weaker Debut in IPO Listings Today<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table style=\"border-collapse:collapse;width:100%;\">\n<tr>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Point<\/th>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Detail<\/th>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Business<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Pune-based integrated civil engineering, manufacturing and construction company, incorporated in 1994, with manufacturing and services segments including pipes and penstocks for pumped storage and customers such as the Dedicated Freight Corridor<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Subscription<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">1.71 times, with bids for about 1.44 crore shares against 84.7 lakh on offer<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Valuation<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">About 23.2 times FY26 earnings and 13.1 times EV\/EBITDA, with a post-issue market value near Rs 581 crore; rated Subscribe for long term by Anand Rathi<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Use of funds<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Working capital, repayment of term loans and general corporate purposes from the Rs 145 crore fresh issue<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Offer for sale<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Rs 33 crore received by the promoter group&#8217;s Vaman Prestressing Company<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Earlier financials<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Revenue of Rs 135.24 crore and profit of Rs 8.41 crore for the six months to September 2025, per the DRHP<\/td>\n<\/tr>\n<\/table>\n<p>The mix of a weaker subscription, a higher P\/E and an offer for sale by the promoter group explains why Vishal Nirmiti lagged in IPO listings today.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"What_Allottees_Can_Do_After_IPO_Listings_Today\"><\/span><strong>What Allottees Can Do After IPO Listings Today<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table style=\"border-collapse:collapse;width:100%;\">\n<tr>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Situation<\/th>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Points to weigh<\/th>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Nityas Gems allottee, stock at the upper circuit<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Locked-in gains can reverse; decide between booking part and holding with a stop-loss<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Vishal Nirmiti allottee, small loss<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">A 2% discount is modest; the long-term case rests on the business and the Rs 145 crore of fresh funds<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Not allotted<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Avoid chasing a circuit; wait for volumes to settle before deciding<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">All allottees<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Check the closing price, delivery volume and the next day&#8217;s range, and size positions for volatility<\/td>\n<\/tr>\n<\/table>\n<p>This table frames the choices after IPO listings today and is not a recommendation.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Risks_After_IPO_Listings_Today\"><\/span><strong>Risks After IPO Listings Today<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><strong>Small-issue volatility:<\/strong> Newly listed small caps in IPO listings today can move 5% to 20% a day.<\/p>\n<p><strong>Valuation:<\/strong> Both IPOs were priced near full valuations at 19 to 23 times earnings.<\/p>\n<p><strong>Weak market:<\/strong> A falling Sensex can drag newly listed stocks from IPO listings today lower.<\/p>\n<p><strong>Circuit risk:<\/strong> A stock locked at an upper circuit can reverse sharply when sellers appear.<\/p>\n<p><strong>Promoter selling:<\/strong> The offer for sale in Vishal Nirmiti sends part of the proceeds to the promoter group.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"What_to_Watch_Next_After_IPO_Listings_Today\"><\/span><strong>What to Watch Next After IPO Listings Today<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ol>\n<li>Whether Nityas Gems holds the 5% circuit and the volume behind it.<\/li>\n<li>Whether Vishal Nirmiti recovers the Rs 220 issue price or breaks the Rs 215 listing price.<\/li>\n<li>Anchor lock-in dates and the first results as listed companies.<\/li>\n<li>The Sensex and the broader small-cap trend.<\/li>\n<li>Upcoming IPOs and their grey market premiums.<\/li>\n<\/ol>\n<h2><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span><strong>Conclusion<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>IPO listings today split, with Nityas Gems listing at Rs 82, a 9.3% premium, and hitting the upper circuit while Vishal Nirmiti listed at Rs 215, a 2.27% discount, after weaker subscription. Both are priced near full value, so allottees should plan for volatility. Consult a SEBI-registered advisor before making any decision.<\/p>\n<div style=\"background:#CC0000;border-radius:8px;padding:16px 20px;margin:24px 0;\">\n<p style=\"color:#FFFFFF;font-size:13px;line-height:1.7;margin:0;\"><strong style=\"color:#FFFFFF;\">Disclaimer:<\/strong> Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).<\/p>\n<\/p><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Frequently_Asked_Questions\"><\/span><strong>Frequently Asked Questions<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"How_did_the_IPO_listings_today_go\"><\/span><strong>How did the IPO listings today go?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Nityas Gems listed at Rs 82, a 9.3% premium to Rs 75, and hit the upper circuit, while Vishal Nirmiti listed at Rs 215, a 2.27% discount to Rs 220.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_are_the_IPO_listing_gains_on_a_Nityas_Gems_lot\"><\/span><strong>What are the IPO listing gains on a Nityas Gems lot?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> About Rs 1,400 at the listing price and about Rs 2,220 at the 5% upper circuit, on 200 shares, my calculation.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_did_the_Vishal_Nirmiti_listing_affect_a_lot\"><\/span><strong>How did the Vishal Nirmiti listing affect a lot?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> About Rs 340 on 68 shares at the Rs 215 listing price.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_were_the_subscriptions\"><\/span><strong>How were the subscriptions?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> In IPO listings today, Nityas Gems was subscribed 2.26 times with retail at 4.07 times, and Vishal Nirmiti was subscribed 1.71 times.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_do_the_valuations_look_like\"><\/span><strong>What do the valuations look like?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> For IPO listings today, Nityas Gems was priced at about 19.4 times FY26 earnings and Vishal Nirmiti at about 23.2 times, according to Anand Rathi.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_do_the_companies_do\"><\/span><strong>What do the companies do?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Nityas Gems makes lab-grown diamond-studded gold jewellery, and Vishal Nirmiti is a Pune-based civil engineering and construction company.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_are_the_risks_after_IPO_listings_today\"><\/span><strong>What are the risks after IPO listings today?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Volatility, near-full valuations, a weak market and reversal risk after a circuit.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Should_I_buy_or_sell_after_IPO_listings_today\"><\/span><strong>Should I buy or sell after IPO listings today?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> This article does not constitute investment advice. Consult a SEBI-registered financial advisor.<\/p>\n<div class=\"faq-schema\"><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"FAQPage\",\"mainEntity\":[{\"@type\":\"Question\",\"name\":\"How did the IPO listings today go?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Nityas Gems listed at Rs 82, a 9.3% premium to Rs 75, and hit the upper circuit, while Vishal Nirmiti listed at Rs 215, a 2.27% discount to Rs 220.\"}},{\"@type\":\"Question\",\"name\":\"What are the IPO listing gains on a Nityas Gems lot?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"About Rs 1,400 at the listing price and about Rs 2,220 at the 5% upper circuit, on 200 shares, my calculation.\"}},{\"@type\":\"Question\",\"name\":\"How did the Vishal Nirmiti listing affect a lot?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"About Rs 340 on 68 shares at the Rs 215 listing price.\"}},{\"@type\":\"Question\",\"name\":\"How were the subscriptions?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"In IPO listings today, Nityas Gems was subscribed 2.26 times with retail at 4.07 times, and Vishal Nirmiti was subscribed 1.71 times.\"}},{\"@type\":\"Question\",\"name\":\"What do the valuations look like?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"For IPO listings today, Nityas Gems was priced at about 19.4 times FY26 earnings and Vishal Nirmiti at about 23.2 times, according to Anand Rathi.\"}},{\"@type\":\"Question\",\"name\":\"What do the companies do?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Nityas Gems makes lab-grown diamond-studded gold jewellery, and Vishal Nirmiti is a Pune-based civil engineering and construction company.\"}},{\"@type\":\"Question\",\"name\":\"What are the risks after IPO listings today?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Volatility, near-full valuations, a weak market and reversal risk after a circuit.\"}},{\"@type\":\"Question\",\"name\":\"Should I buy or sell after IPO listings today?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"This article does not constitute investment advice. Consult a SEBI-registered financial advisor.\"}}]}<\/script><\/div>\n","protected":false},"excerpt":{"rendered":"<p>IPO listings today: Nityas Gems lists 9% up and hits the upper circuit, Vishal Nirmiti lists 2.3% down. See gains, valuations and risks.<\/p>\n","protected":false},"author":29,"featured_media":294883,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[842],"tags":[10142,10139,10143,10140,4633,10141],"class_list":["post-294884","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-ipo-listing-gains","tag-ipo-listings-today","tag-new-ipos","tag-nityas-gems-listing","tag-upper-circuit","tag-vishal-nirmiti-listing"],"metadata":{"rank_math_internal_links_processed":["1"],"_thumbnail_id":["294883"],"rank_math_title":["IPO Listings Today: Nityas Gems Up 9%, Vishal Nirmiti Down 2%"],"rank_math_description":["IPO listings today: Nityas Gems lists at Rs 82, up 9%, and hits the upper circuit; Vishal Nirmiti lists at Rs 215, down 2.3%. See gains, valuations and what to do."],"rank_math_focus_keyword":["IPO listings today"],"rank_math_robots":["a:2:{i:0;s:7:\"noindex\";i:1;s:8:\"nofollow\";}"]},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/univest.in\/blogs-2\/wp-content\/uploads\/2026\/10\/ipo-listings-today-8-october-nityas-gems-and-jewellery-lists-at-a-9-premium-and.webp","_links":{"self":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/294884","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/users\/29"}],"replies":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/comments?post=294884"}],"version-history":[{"count":1,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/294884\/revisions"}],"predecessor-version":[{"id":294885,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/294884\/revisions\/294885"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media\/294883"}],"wp:attachment":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media?parent=294884"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/categories?post=294884"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/tags?post=294884"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}