PNGS Reva Diamond IPO - GMP, Subscription, Price, Dates & Financial Details
PNGS Reva Diamond IPO has successfully completed its IPO process and is now listed on the NSE and BSE. According to the Red Herring Prospectus (RHP), the IPO was a book-built issue with a total issue size of ₹380 Crore.
The PNGS Reva Diamond IPO remained open for subscription from February 24, 2026, to February 26, 2026. The basis of allotment was finalized on February 27, 2026, and the company's shares were listed on the NSE and BSE on March 04, 2026.
The company had fixed the price band at ₹367 to ₹386 per share, with a lot size of 32 shares. Retail investors were required to make a minimum investment of ₹12,352 (based on the upper price band) to apply for one lot.
Bigshare Services Pvt Ltd served as the registrar to the issue. Smart Horizon Capital Advisors Private Limited acted as the Book Running Lead Managers (BRLMs) to the issue.
With the successful completion of the IPO process, PNGS Reva Diamond Jewellery Limited is now a publicly listed company on the NSE and BSE. Investors can track the company's share price, trading performance, financial results, and corporate announcements through the stock exchanges.
- Price Band
- ₹ 367 – 386
- Lot Size
- 32
- Issue Size
- ₹380.00 Cr
- Minimum Investment
- ₹ 12,352 (32 Shares)
- Listing Date
- 04 March 2026
Current GMP
₹-20 (-5.18%)
*Info is indicative. Not an Investment Advice. Grey market trading is unregulated.
About PNGS Reva Diamond Jewellery Limited
PNGS Reva Diamond Jewellery Limited, incorporated in 2004, is engaged in the business of designing, retailing, and marketing diamond and gemstone-studded jewellery under the brand name “Reva.”
Business Overview
The company offers a wide range of jewellery crafted using diamonds and precious and semi-precious stones set in precious metals such as gold and platinum. Its product portfolio caters to diverse customer segments and occasions, including:
- Rings
- Earrings
- Necklaces
- Pendants
- Solitaires
- Bangles
- Bracelets
- Mangalsutras
- Nose rings
- Chains
As of September 30, 2025, the company had 13 distinct jewellery collections. Its product offerings are supported by an in-house design team and curated selections sourced from third-party manufacturers and skilled karigars.
Retail Network
As on the date of the Red Herring Prospectus (RHP), PNGS Reva Diamond Jewellery operated 34 stores across 25 cities in the states of Maharashtra, Gujarat, and Karnataka. The total retail area aggregated to 647.15 running feet.
Business Model
The company operates its stores under multiple models, including:
- FOCO (Franchise Owned, Company Operated)
- FOFO (Franchise Owned, Franchise Operated)
- COCO (Company Owned, Company Operated)
Through its diversified product portfolio and flexible retail operating models, the company aims to expand its presence in key regional markets while maintaining brand consistency and operational efficiency.
PNGS Reva Diamond IPO Promoters
- P.N. Gadgil & Sons Limited
- Govind Vishwanath Gadgil
- Renu Govind Gadgil
Promoters Holding
Holding Pre Issue
87.45%
Holding Post Issue
60.31%
PNGS Reva Diamond IPO Objective
The Company PNGS Reva IPO proposes to utilise the Net Proceeds from the Issue towards the following objects.
- Funding expenditure towards setting-up of 15 New Stores
- 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
- General corporate purposes
PNGS Reva Diamond Jewellery Limited Address / Contact Details
PNGS Reva Diamond Jewellery Ltd.
Abhiruchi Mall,59/1 C,
Sinhgad Road, Wadgaon Budruk,
Pune, Maharashtra, 411041
Phone: +91 020-29980704
Email: investor@revabypng.com
Website: https://www.revabypng.com/
IPO Snapshot
Book Running Lead Managers
- Smart Horizon Capital Advisors Private Limited
Disclaimer: This data is for informational purposes only and does not constitute investment advice. Figures shown are illustrative sample data.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
What is the PNGS Reva Diamond IPO?
PNGS Reva Diamond IPO is a Book-building IPO with a total issue size of ₹380 crore. The PNGS Reva Diamond IPO price band is ₹367 to 386 per share. The PNGS Reva Diamond IPO subscription opens on Tue, Feb 24, 2026, and closes on Thu, Feb 26, 2026. The PNGS Reva Diamond IPO will be listed on the BSE,NSE. Bigshare Services Pvt Ltd is the registrar for the PNGS Reva Diamond IPO.
When will the PNGS Reva Diamond IPO open for subscription?
The PNGS Reva Diamond IPO opens on Tue, Feb 24, 2026 and closes on Thu, Feb 26, 2026
What is PNGS Reva Diamond IPO Price Band?
PNGS Reva Diamond IPO Price Band is ₹367 to 386 per share.
What is PNGS Reva Diamond IPO Lot Size?
PNGS Reva Diamond IPO lot size is 32 shares, Retail investors need a minimum investment of ₹12352 based on the upper price band
What is the minimum investment for PNGS Reva Diamond IPO?
The minimum investment for PNGS Reva Diamond IPO is ₹12352, based on one lot of 32 shares at the upper price band of ₹386 per share.
How to apply for PNGS Reva Diamond IPO?
Investors can apply for the PNGS Reva Diamond IPO through the ASBA (Application Supported by Blocked Amount) facility offered by their bank or through UPI using a SEBI-registered broker or trading app. Select the desired lot size, enter your bid within the price band, and submit the application before Thu, Feb 26, 2026. The application amount remains blocked until the PNGS Reva Diamond IPO allotment is finalized.
What is PNGS Reva Diamond IPO Issue Size?
PNGS Reva Diamond IPO issue size is ₹380 crores.
What is the PNGS Reva Diamond IPO Allotment Date?
PNGS Reva Diamond IPO allotment date is Fri, Feb 27, 2026.
Who is the PNGS Reva Diamond IPO Registrar?
The registrar for PNGS Reva Diamond IPO is Bigshare Services Pvt Ltd. Investors can go to Bigshare Services Pvt Ltd website to check PNGS Reva Diamond IPO allotment status, refund processing, and other IPO-related information.
What is the PNGS Reva Diamond IPO GMP?
The PNGS Reva Diamond IPO GMP (Grey Market Premium) is ₹-20 as of Wed, Mar 4, 2026. Based on the upper price band of ₹386 per share, the estimated PNGS Reva Diamond IPO listing price is ₹366, indicating a potential listing gain of approximately -5.18% over the issue price.
Who is the PNGS Reva Diamond IPO Lead Manager?
The book-running lead managers (BRLMs) for the PNGS Reva Diamond IPO are . The lead managers are responsible for managing the IPO process, including issue structuring, regulatory compliance, marketing the public issue, coordinating with investors, and ensuring a smooth listing process. For complete details, investors should refer to the PNGS Reva Diamond IPO Red Herring Prospectus (RHP).