IPO Listed — 04 Mar 2026
Listing Price: ₹375
PNGS Reva Diamond Jewellery IPO GMP History | Listing Price ₹375 & Kostak Rate
PNGS Reva Diamond Jewellery IPO has been listed on March 4, 2026 at a listing price of ₹375, against the issue price of ₹386 — a loss of ₹11 (-2.85%). The GMP peaked at ₹35 on 16 February 2026 and reached a low of ₹-18 on 2 March 2026. The day-wise GMP trend below shows how grey market sentiment evolved from subscription to listing.
PNGS Reva Diamond Jewellery IPO raised ₹380 Cr. through its IPO at a price band of ₹367 to ₹386 per share, with a lot size of 32 shares. The IPO was open for subscription from 24 Feb 2026 to 26 Feb 2026.
Table of Contents
GMP Trend Chart
Day-wise GMP Trend
| Date | GMP | ↑↓ | % | Kostak | Sub. Sauda |
|---|---|---|---|---|---|
| 02 Mar 2026 | ₹ -18 | -5% | ₹ 0 | ₹ 0 | |
| 01 Mar 2026 | ₹ -11 | -3% | ₹ 0 | ₹ 0 | |
| 28 Feb 2026 | ₹ -11 | -3% | ₹ 0 | ₹ 0 | |
| 27 Feb 2026 | ₹ -1 | 0% | ₹ 0 | ₹ 0 | |
| 26 Feb 2026 | ₹ -2 | -1% | ₹ 0 | ₹ 0 | |
| 25 Feb 2026 | ₹ -4 | -1% | ₹ 0 | ₹ 0 | |
| 24 Feb 2026 | ₹ 10 | 3% | ₹ 0 | ₹ 300 | |
| 23 Feb 2026 | ₹ 10 | 3% | ₹ 0 | ₹ 300 | |
| 22 Feb 2026 | ₹ 18 | 5% | ₹ 0 | ₹ 400 | |
| 21 Feb 2026 | ₹ 16 | 4% | ₹ 0 | ₹ 400 | |
| 20 Feb 2026 | ₹ 16 | 4% | ₹ 0 | ₹ 400 | |
| 19 Feb 2026 | ₹ 21 | 5% | ₹ 0 | ₹ 400 | |
| 18 Feb 2026 | ₹ 20 | 5% | ₹ 0 | ₹ 500 | |
| 17 Feb 2026 | ₹ 18 | 5% | ₹ 0 | ₹ 500 | |
| 16 Feb 2026 | ₹ 35 | 9% | ₹ 0 | ₹ 1000 | |
| 14 Feb 2026 | ₹ 20 | 5% | ₹ 0 | ₹ 0 | |
| 13 Feb 2026 | ₹ 30 | 8% | ₹ 0 | ₹ 600 | |
| 12 Feb 2026 | ₹ 20 | -- | ₹ 0 | ₹ 0 | |
| 11 Feb 2026 | ₹ 10 | -- | ₹ 0 | ₹ 0 |
PNGS Reva Diamond Jewellery IPO Dates
| Event | Date |
|---|---|
| Open Date | 24 Feb, 2026 |
| Close Date | 26 Feb, 2026 |
| Allotment Date | 27 Feb, 2026 |
| Refund Date | 02 Mar, 2026 |
| Credit to Demat | 02 Mar, 2026 |
| Listing Date | 04 Mar, 2026 |
PNGS Reva Diamond Jewellery IPO Actual Listing Price
| Basis | Value |
|---|---|
| Issue Price | ₹386 |
| GMP-Based Estimate (Pre-Listing) | ₹368 (-4.7%) |
| Actual Listing Price | ₹375 (-2.85%) |
| Listing Gain / Loss | ₹-11 per share |
| Listing Date | 04 Mar, 2026 |
Is PNGS Reva Diamond Jewellery IPO GMP Reliable?
Grey market premium for PNGS Reva Diamond Jewellery IPO should be interpreted with caution. The GMP is an unregulated, unofficial market not governed by SEBI. Here's how to read the current signal:
- Subscription rate matters: A high GMP paired with strong subscription — especially QIB (Qualified Institutional Buyer) oversubscription — is a more reliable bullish signal than GMP alone. Read our in-depth analysis: GMP vs Subscription Data — Which Predicts Listing Gains Better?
- Timing matters: GMP in the first 1–2 days of subscription is less reliable. GMP on the final subscription day and the day before listing tends to be the most accurate predictor.
- Grey market is thin: For smaller IPOs, even a handful of large orders can swing the GMP significantly. Treat low-volume GMP signals with extra caution.
- Cross-check before acting: Review the PNGS Reva Diamond Jewellery IPO full review for a fundamentals-based assessment before making any grey market trades.
PNGS Reva Diamond Jewellery IPO IPO Kostak Rate Explained
The Kostak rate for PNGS Reva Diamond Jewellery IPO was not active during the subscription period, as no grey market premium was established. Kostak is the fixed amount a grey market buyer pays for an IPO application regardless of allotment outcome.
The Subject to Sauda price was not active for this IPO. Subject to Sauda only applies if allotment is confirmed — the buyer pays a premium on top of the issue price per lot allotted.
Grey market trading is unofficial and unregulated by SEBI. Proceed with full awareness of the associated risks.
About PNGS Reva Diamond Jewellery IPO
The company specialises in designing and retailing a wide range of diamond-studded jewellery, including rings, necklaces, earrings, bangles, and bridal collections. It follows a retail-led business model supported by a mix of exclusive showrooms and franchise outlets, along with a growing online presence. By focusing on quality, certified diamonds, and design innovation, PNGS Reva aims to attract younger buyers and premium customers, while maintaining strong brand trust and long-term customer relationships.
Frequently Asked Questions about PNGS Reva Diamond Jewellery IPO
What is the GMP of PNGS Reva Diamond Jewellery IPO?
The current Grey Market Premium (GMP) of PNGS Reva Diamond Jewellery IPO is ₹ -18.
What is the Kostak Price of PNGS Reva Diamond Jewellery IPO?
Kostak rate is the profit made by selling an IPO application before allotment. The current Kostak rate for PNGS Reva Diamond Jewellery IPO is : Retail: ₹ 0, SHNI: ₹ 0, BHNI: ₹ 0.
What is the Subject to Sauda Price of PNGS Reva Diamond Jewellery IPO?
Subject to Sauda is the premium amount decided if the allotment is confirmed. The current Subject to Sauda rate is : Retail: ₹ 0, SHNI: ₹ 0, BHNI: ₹ 0.
What was the actual listing price of PNGS Reva Diamond Jewellery IPO?
PNGS Reva Diamond Jewellery IPO listed on March 4, 2026 at ₹375, against the issue price of ₹386 — a loss of -2.85%.
How did the GMP of PNGS Reva Diamond Jewellery IPO trend before listing?
The GMP of PNGS Reva Diamond Jewellery IPO was falling in its final days before listing. The GMP peaked at ₹35 on 16 February 2026. View the day-wise table above for the complete GMP history.
Explore PNGS Reva Diamond Jewellery IPO Further
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