PNGS Reva Diamond Jewellery IPO

PNGS Reva Diamond Jewellery IPO is listed on BSE and NSE, priced at ₹367–₹386 per share. The stock debuted at ₹375. The IPO had a lot size of ₹32 shares and a minimum investment of ₹12,352.

PNGS Reva Diamond Jewellery Limited IPO

Mainboard Listed
₹12,352 (32 Shares)
Minimum Investment
Check Allotment
IPO Dates
Feb 24, 2026 – Feb 26, 2026
Price band
₹367-386 per equity share
Minimum Investment
₹12,352
Issue size
₹380 Cr
Lot size
32
Allotment Date
Feb 27, 2026
Listing
Mar 4, 2026
Listing At
BSE, NSE

IPO timeline

  1. Feb 24, 2026

    Open Date

    Completed

  2. Feb 26, 2026

    Close Date

    Completed

  3. Feb 27, 2026

    Allotment Date

    Completed

  4. Mar 4, 2026

    Listing Date

    Completed

Price Summary

Last closing
427.00 (10.62%)
52 week high
476.75
52 week low
324.25
Last update

PNGS Reva Diamond Jewellery IPO Subscription Details

View Subscription Details
QIB 1.10x
Retail 1.35x
NIIs 1.62x
bHNI 1.71x
sHNI 1.44x
Retail 1.35x
EMP 7.08x
Total 1.30x

PNGS Reva Diamond Jewellery IPO subscription status shows demand across QIB, NII, and retail categories, helping investors understand participation levels.

Last updated:

PNGS Reva Diamond Jewellery IPO Essentials

PNGS Reva Diamond Jewellery IPO Details

PNGS Reva Diamond Jewellery IPO is priced at ₹367-386 per share with a total issue size of 380 crore. The IPO has a lot size of 32 shares and is listed on a BSE and NSE.

Issue price
₹367-386 per equity share
Lot size
32 shares
Face value
₹10 Per Equity Share
Issue size
98,44,560 shares aggregating up to ₹380 Cr.
Total issue size
98,44,560 shares
(aggregating up to ₹380 crore)
Fresh issue
98,44,560 shares
(aggregating up to ₹380 crore)
Listing at
BSE, NSE
List price
375.0(NSE)
Listing date
Registrar
Bigshare Services Pvt.Ltd
Lead manager
Smart Horizon Capital Advisors Pvt.Ltd

Market Lot Size

Investors can bid for a minimum of 32 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Retail Investors and HNI in terms of shares and amount.

Application Lots Shares Amount
Retail (min) 1 32 ₹12,352
Retail(max) 16 512 ₹1,97,632
sHNI(min) 17 544 ₹2,09,984
sHNI(max) 80 2,560 ₹9,88,160
sHNI(min) 81 2,592 ₹10,00,512

PNGS Reva Diamond Jewellery IPO Documents

PNGS Reva Diamond Jewellery IPO Reservation

PNGS Reva Diamond Jewellery IPO reservation details show category-wise allocation of shares. Out of the total 9834560 shares, approximately 30.06% are reserved for QIB, 15% for NII, 35% for retail investors, 0.1% for employees, and 44.94% for anchor investors.

Investor Category Shares Offered Maximum Allottees
Anchor Investor Shares Offered 4419200 (44.94%)
QIB Shares Offered 2956719 (30.06%)
NII (HNI) Shares Offered 1475184 (15%)
bHNI > ₹10L 983456 (10%) 1808
sHNI < ₹10L 491728 (5%) 904
Retail Shares Offered 983456 (35%) 30,733
Employee Shares Offered 10000 (0.1%)
Total Shares Offered 9834560 (100%)

PNGS Reva Diamond Jewellery IPO Analytics

PNGS Reva Diamond Jewellery IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.

PNGS Reva Diamond Jewellery IPO Subscription Status

PNGS Reva Diamond Jewellery IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.

The IPO is currently subscribed 1.3x, indicating moderate demand across investor categories.

As on QIB
NII
bHNI
sHNI
Retail Total
Shares Offered / Reserved 29,56,719
14,75,184
9,83,456
4,91,728
9,83,456 54,25,359
Day 1 24-02-26 05:00 PM
0.96 x
0.07x
0.06x
0.10x
0.40 x 0.63 x
Day 2 25-02-26 05:00 PM
1.01 x
0.69x
0.86x
0.33x
0.70 x 0.87 x
Day 3 26-02-26 05:00 PM
1.10 x
1.62x
1.71x
1.44x
1.35 x 1.30 x
Total No. of Applications
bHNI sHNI Retail
34511 (Approx) 0.14x 1.35x 1.03x

PNGS Reva Diamond Jewellery Valuations

Earnings

EPS Pre IPO
₹35.21/-
P/E Pre IPO
10.96

Returns

ROE
165.9%
ROCE
79.8%
RoNW
59.36%
PAT Margin
23.04%

Fundamentals

Debt / Equity
0.90
Price / Book
8.42
Market Cap
1,224.04 Cr.

Data sourced from DRHP / RHP • For educational purposes only

PNGS Reva Diamond Jewellery Financials( In Crs.)

30-Sep-25 31-Mar-25 31-Mar-24 31-Mar-23
Assets 352.70 226.84 158.33 123.93
Revenue 157.12 259.11 196.24 199.35
Profit After Tax 20.13 59.81 42.40 51.75
Net Worth 120.31 100.19 -28.50 -52.02
Reserves & Surplus 98.44 95.33 -37.64 -60.74
Total Borrowing 130.25 90.65 N/A N/A

PNGS Reva Diamond Jewellery Company & Offer Insights

About PNGS Reva Diamond Jewellery

Incorporated in 2004, PNGS, an abbreviation for P N Gadgil & Sons is a jewellery business.
Company focused jewellery brand dealing in the business of sale of varied variety of jewellery prepared by using diamond and precious and semi-precious stones which are studded in precious metals including gold and platinum.
All products are available under the brand name: 'Reva'.

The wide range of products offered by the company also includes rings, earrings, necklaces, pendants, solitaires, bangles, bracelets, mangalsutras, nosepins, and chains, etc., which cater to various kinds of customers and their needs. The company has offered 13 different kinds of jewelry collections till September 30, 2025, which include their own design team as well as third-party design teams.
It had, as on Feb 2026, 34 stores across 25 cities in the states of Maharashtra, Gujarat, and Karnataka.

PNGS Reva Diamond Jewellery Promoter(s)

P.N. Gadgil & Sons Limited, Govind Vishwanath Gadgil, Renu Govind Gadgil are the company's promoters of PNGS Reva Diamond Jewellery.

PNGS Reva Diamond Jewellery IPO Issue Objectives

Funding expenditure towards setting-up of 15 New Stores - ₹286.56 Cr
Marketing and promotional expenses related to the launch of the 15 New Stores, aimed at enhancing local brand awareness and visibility of our flagship brand, 'Reva', in their respective areas - ₹35.40 Cr
General corporate purposes

PNGS Reva Diamond Jewellery IPO - Anchor Investors

Reva Diamonds mobilises Rs 171 crore from 16 anchor investors, Rs 380-crore IPO.

Tata India Consumer Fund is the largest investor among them, buying 10.36 lakh shares of Reva Diamonds for Rs 40 crore, followed by Tiger Strategies Fund, and SageOne Flagship Growth Fund, which acquired 6.21 lakh shares, and 5.18 lakh shares of the company for Rs 24 crore, and Rs 20 crore, respectively.
Out of the total allocation to anchor investors, 11.91 lakh shares were allocated to 2 domestic mutual funds - Tata Mutual Fund, and Groww Mutual Fund.
Citigroup Global, Societe Generale, K-Three Alternative Investment Trust Fund, Innovative Vision Fund, Visionary Value Fund, and Astrone Capital were also part in the anchor book.

PNGS Reva Diamond Jewellery IPO - Peers Comparison

P/B Ratio P/E Ratio RoNW Revenue(in Cr.)
PNGS Reva Diamond N/A N/A 59.36% 258
Tribhovandas Bhimji Zaveri 1.64 15.74 10.41% 2620
Thangamayil Jewellery 8.72 80.9 10.77% 4910
Senco Gold 2.77 33.0 8.09% 6328

PNGS Reva Diamond Jewellery IPO - Strengths and Risks

PNGS Reva Diamond Jewellery IPO strengths and risks highlight key business factors, financial position, and market sentiment that may impact investor interest.

Strengths

Strong legacy brand value through the presence of a group of established promoters.
Experienced leadership team with expertise in retail, jewellery, finance, and operations.
Regional leadership in Western India, especially in Tier-1, Tier-2, and Tier-3 cities, generating brand loyalty at the local level.

Risks

Risk of high geographic concentration risk with circa ~97% of revenue generation from Maharashtra.
Brand dependency risk, as business success is linked to how the 'Reva' brand is perceived in the market.
Promoter brand reliance, where damage to the corporate promoter’s brand would affect footfall to the store and revenue generated.

Contact Information

Contact Details

PNGS Reva Diamond Jewellery

+91 020-29980704

investor@revabypng.com

https://www.revabypng.com/

Abhiruchi Mall, 59/1 C, Sinhgad Road, Wadgaon Budruk, Pune, Maharashtra, 411041

Registrar Contact Details

Bigshare Services Pvt Ltd

+91-22-6263 8200

ipo@bigshareonline.com

https://ipo.bigshareonline.com/ipo_status.html

Frequently Asked Questions

Click any question to reveal the answer

PNGS Reva Diamond Jewellery IPO is a book-built IPO worth ₹380 crore. The price band is ₹367–₹386 per share. The IPO opens on Feb 24, 2026 and closes on Feb 26, 2026. It will be listed on BSE and NSE. Bigshare Services Pvt. Ltd. is the registrar.

The price band of PNGS Reva Diamond Jewellery IPO is ₹367 to ₹386 per share.

The lot size of PNGS Reva Diamond Jewellery IPO is 32 shares.

The minimum investment for PNGS Reva Diamond Jewellery IPO is approximately ₹12,352 based on the upper price band .

PNGS Reva Diamond Jewellery IPO opens on Feb 24, 2026 and closes on Feb 26, 2026.

The allotment date of PNGS Reva Diamond Jewellery IPO is Feb 27, 2026.

PNGS Reva Diamond Jewellery IPO is expected to be listed on Mar 4, 2026, on BSE and NSE .

PNGS Reva Diamond Jewellery IPO listed on Mar 4, 2026. It was issued at ₹375.0(NSE) and is currently around ₹427.00 as on 30-Apr-2026 3:30 PM, which is approximately 10.6% versus issue price. The 52-week high is ₹476.75.

Based on listing and post-listing performance, PNGS Reva Diamond Jewellery IPO delivered around 10.6% over issue price. Whether it was worth applying depends on your risk profile, allocation, and holding horizon.

To buy PNGS Reva Diamond Jewellery IPO shares after listing, log in to your broker app (such as Zerodha, Angel One, Groww, Upstox, ICICI Direct), search the stock symbol, place a delivery/CNC order, and confirm quantity and price.

PNGS Reva Diamond Jewellery IPO valuation snapshot: P/E N/A, EPS ₹/-, P/B 8.42, RoNW 59.36%, and market cap 1,224.04 Cr.

To apply for PNGS Reva Diamond Jewellery IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.

You can check the live subscription status of PNGS Reva Diamond Jewellery IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.

Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.

If you pre-apply for PNGS Reva Diamond Jewellery IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.

You can check PNGS Reva Diamond Jewellery IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the PNGS Reva Diamond Jewellery IPO allotment status on IPO Ji for quick and easy access.