PNGS Reva Diamond Jewellery Ltd.
NSE & BSE₹367–386
₹ 220 Cr
32 Shares
₹ 11,744
₹10
Financial Summary
| Particulars | FY 2025-26 | FY 2024-25 |
|---|---|---|
| 4,390.28 | 644.7 | |
| 20.35 | 1.32 | |
| 4,410.63 | 646.02 | |
| 3,431.04 | 544.04 | |
| 864.72 | 87.66 | |
| 646.55 | 65.85 |
Subscription Details
Subscription
IPO Timeline
IPO Offer Start
24 Feb 2026
IPO Offer Ends
26 Feb 2026
4 Mar 2026
Use of Proceeds
| # | Purpose | Amount (₹ Million) |
|---|---|---|
| 1 | Funding expenditure towards setting-up of 15 New Stores | 2,865.64 |
| 2 | Marketing and promotional expenses related to the launch of the 15 | 354 |
| 3 | General corporate purposes | 271.6 |
Promoters
Book Running Lead Managers
Promoter Shareholding
Pre-IPO
87.45%
Promoter stake
Post-IPO
60.32%
Promoter stake
Offered to Public
57,06,235
shares
Post Share Capital
1,91,21,400
shares
IPO Registrar
Bigshare Services Pvt Ltd
About the Company
We are a retail focused jewellery brand involved in the business of sale of a wide range of jewellery made using diamond and precious and semi-precious stones which are studded into precious metals such as gold and platinum. We also retail plain platinum jewellery including rings, bracelets and chains. Our products are sold under our flagship brand, “Reva”. The Reva brand aims to blend traditional elegance with modern aesthetics, offering customizable diamond jewellery that appeals to a broad customer base (Source: CARE Report). Our Corporate Promoter, P.N. Gadgil & Sons Limited was originally involved in the business of gold jewellery, silver jewellery, idols and other silverware, diamonds and diamond jewellery and other gemstones jewellery and related gift items. Pursuant to a business transfer agreement dated January 31, 2025, our Corporate Promoter, P.N. Gadgil & Sons Limited undertook a strategic move with a disinvestment via a slump sale of their diamond business in favour of our Company (“Business Transfer Agreement”). This restructuring led to the establishment of our Company as an independent business entity, allowing us to carve out our distinct identity in the market while continuing to operate in the diamond jewellery industry. Pursuant to the Business Transfer Agreement, our Company stands as a separate player in the diamond jewellery segment, committed to offering high-quality jewellery pieces made using diamond and precious and semi-precious stones which are studded in precious metals such as gold and platinum. Our flagship brand “Reva” continues to uphold the legacy of more than 190 years of our Corporate Promoter, P.N Gadgil & Sons Limited (Source: CARE Report). For further details on the Business Transfer Agreement, see “History and Certain Corporate Matters” on page 290. With the diamond jewellery sector in India seeing a robust growth in recent years, particularly among consumers looking for luxury and exclusivity, diamonds are a popular choice for special occasions, particularly weddings, and are often seen as a symbol of sophistication. This segment is supported by a strong retail presence and branding efforts from both domestic and international jewellers. Innovations in diamond cutting and bespoke design options have further driven interest, making diamond jewellery a staple in modern Indian collections.
Use of Proceeds
1. Funding expenditure towards setting-up of 15 new brand-exclusive stores across India with a focus of targeting in Tier-1 cities and selectively exploring Tier-2 cities in Maharashtra and other metro cities in India (“New Stores”). 2. 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. 3. General corporate purposes.
PNGS Reva Diamond Jewellery Ltd. Latest News
News
PNGS Reva Diamond Jewellery opens exclusive brand store in Rajasthan
With this addition, as on date, the company has total 34 SIS stores with P. N. Gadgil & Sons and 5 EBO
PNGS Reva Diamond Jewellery informs about opening of an exclusive brand store
PNGS Reva Diamond Jewellery informs about business updates
PNGS Reva Diamond Jewellery opens exclusive brand store in Nashik
With this addition, the company has total 34 SIS stores with P. N. Gadgil & Sons and 4 EBO
PNGS Reva Diamond Jewellery informs about launch of new e-commerce platform
PNGS Reva Diamond Jewellery shines on opening exclusive brand store in Pune
With this addition, the company has total 34 SIS stores with P. N. Gadgil & Sons and 3 EBO
PNGS Reva Diamond Jewellery informs about business update
PNGS Reva Diamond Jewellery opens exclusive brand store in Pune
With this addition, the company has total 34 SIS stores with P. N. Gadgil & Sons and 3 EBO
PNGS Reva Diamond Jewellery informs about disclosure
PNGS Reva Diamond Jewellery informs about updates
IPO FAQs
The PNGS Reva Diamond Jewellery Ltd. IPO has a total of ₹220 crore, calculated at the upper end of the .
The PNGS Reva Diamond Jewellery Ltd. IPO is priced at ₹367–386 per share. bids must fall within this , against a of ₹10 per share.
The for the PNGS Reva Diamond Jewellery Ltd. IPO is 32 shares, which is also the minimum order quantity — you have to apply for at least 32 shares, and in multiples of 32 beyond that.
The minimum investment in the PNGS Reva Diamond Jewellery Ltd. IPO is about ₹11,744 — one lot of 32 shares, calculated at the lower end of the .
Bidding at the cut-off or upper price raises the amount blocked in your account.
The PNGS Reva Diamond Jewellery Ltd. opens on 24 Feb 2026 and closes on 26 Feb 2026.
Applications have to be in before 5:00 PM IST on the closing day, and your UPI mandate needs to be approved by then as well.
PNGS Reva Diamond Jewellery Ltd. shares were listed on 4 Mar 2026 on BSE and NSE.
Bigshare Services Pvt Ltd is the for the PNGS Reva Diamond Jewellery Ltd. IPO.
The registrar processes the , refunds and the credit of shares to your demat account, so allotment-status queries go to them.
PNGS Reva Diamond Jewellery Ltd. IPO shares are listed on BSE and NSE.
Each PNGS Reva Diamond Jewellery Ltd. share has a of ₹10.
Face value is the nominal value recorded in the company's books and is separate from the issue price you pay.
held 87.45% of PNGS Reva Diamond Jewellery Ltd. before the IPO, which falls to 60.32% after the issue.
57,06,235 shares of PNGS Reva Diamond Jewellery Ltd. are being offered to the public in this issue.
The PNGS Reva Diamond Jewellery Ltd. IPO has been subscribed 1.23x overall — 1.04x, 1.54x, 1.29x and employees 6.74x.
figures update through the issue period until it closes.
- 1.Funding expenditure towards setting-up of 15 new brand-exclusive stores across India with a focus of targeting in Tier-1 cities and selectively exploring Tier-2 cities in Maharashtra and other metro cities in India (“New Stores”)
- 2.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
- 3.General corporate purposes
Smart Horizon Capital Advisors Pvt Ltd. is the book running lead manager for the PNGS Reva Diamond Jewellery Ltd. IPO.
Pre-apply means placing your PNGS Reva Diamond Jewellery Ltd. application before the subscription window actually opens. The bid is held and forwarded to the exchange on the opening day, so you don't have to submit it in the rush of the first morning.
Applying early doesn't improve your chances — when an issue is oversubscribed, the for investors is decided by a lottery, not by who applied first. Your money is only blocked once the application reaches the exchange.
You can apply in the PNGS Reva Diamond Jewellery Ltd. IPO online using either UPI or ASBA as the payment method. ASBA applications are made through the net banking of a bank account that supports IPO applications — the bank blocks the amount in your account instead of debiting it. UPI applications are offered by brokers that don't provide banking services: you enter your UPI ID and then approve the mandate request in your UPI app.
Either route needs a demat account. You bid for at least one lot, at a price within the or at the cut-off price, and the money stays blocked in your bank account until the is finalised.
Your broker or bank confirms the bid once it has been submitted to the exchange, usually within a few minutes during the bidding window. A UPI application only goes live after you approve the mandate request — ignore it and the bid lapses, even though it looks placed.
You can check the PNGS Reva Diamond Jewellery Ltd. bid independently on the NSE or BSE IPO bid-verification page a day after applying. An ASBA application also shows up as a blocked amount in your bank statement.