PNGS Reva Diamond Jewellery Details
The PNGS Reva Diamond Jewellery is a book build issue with a total issue size of ₹380 cr PNGS Reva Diamond Jewellery opened for subscription on Feb 24, 2026 and closed on Feb 26, 2026. PNGS Reva Diamond Jewellery is set price band at ₹367 to ₹386 per share, with a lot size of 32 shares. Minimum investment for Retail investors was ₹12,352.00 (at the upper price band) to apply for one lot.
The basis of allotment got finalized on Feb 27, 2026, and listed on both the NSE and BSE on Mar 04, 2026.
Bigshare Services Pvt Ltd has been appointed as the registrar. Smart Horizon Capital Advisors Private Limited are the Book Running Lead Manager for the issue.
Before investing in the PNGS Reva Diamond Jewellery, investors should review the company's financial performance, business objectives, and risk factors mentioned in the offer documents and apply before the subscription window closes.
- Price Band
- ₹ 367 – 386
- Lot Size
- 32
- Issue Size
- ₹380 Cr
- Minimum Investment
- ₹12352 (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 Jewellery 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 Jewellery 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
Address / Contact Info
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.
PNGS Reva Diamond Jewellery is a Book-building IPO with a total issue size of ₹380 crore. The PNGS Reva Diamond Jewellery price band is ₹367 to 386 per share. The PNGS Reva Diamond Jewellery subscription opens on Tue, Feb 24, 2026, and closes on Thu, Feb 26, 2026. The PNGS Reva Diamond Jewellery will be listed on the BSE,NSE. Bigshare Services Pvt Ltd is the registrar for the PNGS Reva Diamond Jewellery.
The PNGS Reva Diamond Jewellery opens on Tue, Feb 24, 2026 and closes on Thu, Feb 26, 2026
PNGS Reva Diamond Jewellery Price Band is ₹367 to 386 per share.
PNGS Reva Diamond Jewellery lot size is 32 shares, Retail investors need a minimum investment of ₹12352 based on the upper price band
The minimum investment for PNGS Reva Diamond Jewellery is ₹12352, based on one lot of 32 shares at the upper price band of ₹386 per share.
Investors can apply for the PNGS Reva Diamond Jewellery 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 Jewellery allotment is finalized.
PNGS Reva Diamond Jewellery issue size is ₹380 crores.
PNGS Reva Diamond Jewellery allotment date is Wed, Jul 1, 2026.
The registrar for PNGS Reva Diamond Jewellery is Bigshare Services Pvt Ltd. Investors can go to Bigshare Services Pvt Ltd website to check PNGS Reva Diamond Jewellery allotment status, refund processing, and other IPO-related information.
The PNGS Reva Diamond Jewellery 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 Jewellery listing price is ₹366, indicating a potential listing gain of approximately 0% over the issue price.