PNGS Reva Diamond Jewellery IPO Subscription Status
PNGS Reva Diamond Jewellery IPO was subscribed 1.3 times when bidding closed on 26 Feb 2026: QIB 1.1x, NII 1.62x, Retail 1.37x.
The PNGS Reva Diamond Jewellery IPO has been subscribed 1.3x times overall. Retail investors have shown interest with bids for 1.37x the shares available. The Non-Institutional Investor (NII) category has been subscribed 1.62x. Within NII, Big HNI (B-HNI) subscribed 1.71x and Small HNI (S-HNI) subscribed 1.44x. Qualified Institutional Buyers (QIBs) have subscribed 1.1x. Data last updated on 27 Aug, 12:07 PM.
The IPO subscription period has ended. The issue opened on 24 Feb, 2026 and closes on 26 Feb, 2026. The shares are expected to list on stock exchanges on 04 Mar, 2026.
Researched & reviewed by
Abhishek Vohera,
Founder, IPO Guru
Last updated
Figures sourced from the RHP, BSE & NSE
Live bidding
Shares bid against shares offered, category by category, as published by the exchanges. Switch to Detailed for the exchange's own sub-category rows.
| Category | Bid details | Times |
|---|---|---|
| QIB | 34,20,772 of 31,09,793 132.04 Cr | 1.1x |
| NII | 25,13,519 of 15,51,555 97.02 Cr | 1.62x |
| Retail | 14,17,087 of 10,34,370 54.70 Cr | 1.37x |
| Employee | 74,460 of 10,517 2.87 Cr | 7.08x |
| TOTAL | 74,18,106 33,053 applications 286.34 Cr | 1.3x |
PNGS Reva Diamond Jewellery IPO Basis of Allotment
Final Final figures published by the registrar, after technical rejections. Allotment price ₹386.
| Category | AppsApplications | GotAllottees | Odds |
|---|---|---|---|
| TOTAL 1.29x subscribed | 33,053 | 31,825 | 1 in 1.01 in 1.0 |
Subscription insights
What the current book is saying, read off the category numbers above.
Retail Allotment
Subscription is above 1x. While a lottery is guaranteed, your probability of allotment is approximately 73% for a single lot.
Caution Advised
The stock is trading at a discount (-5%) in the grey market, signaling potential listing at or below the issue price.
Day-wise subscription history
End-of-day subscription across the 3-day bidding window. On phones, tap a day for the category split.
| Date | Total | ||
|---|---|---|---|
|
26 Feb 2026
Day 3 |
1.3x | ▼ | |
|
QIB1.1x
BHNI1.71x
SHNI1.44x
Retail1.37x
Employee7.08x
|
|||
|
25 Feb 2026
Day 2 |
0.83x | ▼ | |
|
QIB0.96x
BHNI0.82x
SHNI0.32x
Retail0.66x
Employee4.74x
|
|||
|
24 Feb 2026
Day 1 |
0.59x | ▼ | |
|
QIB0.92x
BHNI0.06x
SHNI0.1x
Retail0.37x
Employee3.68x
|
|||
PNGS Reva Diamond Jewellery IPO dates
From the bidding window to listing. Today is 3 October.
- Open 24 Feb 2026
- Close 26 Feb 2026
- Allotment 27 Feb 2026
- Refund/credit 02 Mar 2026
- Listing 04 Mar 2026
Anchor investor allocation
Shares allotted to anchor investors the working day before the issue opened.
PNGS Reva Diamond Jewellery IPO allotment probability
Your odds of an allotment in each category at the current subscription.
Odds marked with applicant counts are computed from the exchange's actual application data (applicants ÷ allotment slots); others assume minimum-size bids at the current subscription multiple. Retail and HNI allotment is by SEBI-mandated lottery of the minimum application when oversubscribed; QIB allotment is proportionate. Numbers move until subscription closes. This is not investment advice.
What does this subscription data mean?
IPO subscription data tells you how much demand exists for the shares being offered, broken down by investor category. Understanding each category helps you gauge the real sentiment behind the numbers:
- 01 QIB (Qualified Institutional Buyers) — includes mutual funds, FIIs, insurance companies, and banks. QIBs do deep due diligence before bidding. A QIB subscription above 10x is a strong institutional endorsement. Watch QIB numbers closely on the final day — they often hold back and flood in after 3 PM.
- 02 NII / HNI (Non-Institutional Investors) — high-net-worth individuals bidding above ₹2 lakh. NII allotment is proportionate (not lottery), so higher NII subscription means smaller per-lot allotment. Big HNI (B-HNI) bids above ₹10 lakh; Small HNI (S-HNI) bids ₹2–10 lakh.
- 03 Retail — individual investors bidding up to ₹2 lakh. When retail is below 1x, everyone who applied gets full allotment. When oversubscribed, SEBI mandates a computerised lottery — only 1 lot per successful applicant regardless of how many lots you apply for.
- 04 Overall Subscription — a blended multiple across all categories. A total subscription above 10x is considered strong; above 50x is exceptional and usually predicts strong listing gains.
Data sourced from BSE/NSE. Subscription numbers are updated during market hours (10 AM – 5 PM IST) on active subscription days.
Frequently asked
What is the current subscription status of PNGS Reva Diamond Jewellery IPO?
As of IPO close date (26 Feb, 2026), the PNGS Reva Diamond Jewellery IPO is subscribed 1.3x times. Retail category is 1.37x, and NII is 1.62x subscribed.
When is the allotment date for PNGS Reva Diamond Jewellery IPO?
The allotment for PNGS Reva Diamond Jewellery IPO is expected to be finalized on 27 February, 2026.
What is the GMP of PNGS Reva Diamond Jewellery?
The Grey Market Premium (GMP) for PNGS Reva Diamond Jewellery is currently ₹-18, indicating a potential listing gain of -5%.
When will PNGS Reva Diamond Jewellery IPO list on the stock market?
PNGS Reva Diamond Jewellery is scheduled to list on BSE and NSE on 04 March, 2026.
What are the chances of getting allotment in PNGS Reva Diamond Jewellery IPO?
The retail category is oversubscribed at 1.37x, meaning allotment is by lottery. Statistically, approximately 1 in 2 applicants will receive allotment. Applying with multiple family member accounts (each at minimum lot size) improves your cumulative odds.
What does QIB subscription of 1.1x mean for PNGS Reva Diamond Jewellery IPO?
Moderate — QIBs have subscribed 1.1x. Institutional demand is present but not overwhelming. Watch for any last-minute QIB surge on the final day.
How to check PNGS Reva Diamond Jewellery IPO allotment status?
After the allotment date (27 Feb, 2026), you can check your PNGS Reva Diamond Jewellery IPO allotment status on IPO Guru's allotment checker, on the BSE/NSE website using your PAN or application number, or through your broker's app.
Explore PNGS Reva Diamond Jewellery IPO further
Track every stage of this IPO, from subscription to listing.
It has listed — go back to the fundamentals.
Live grey market premium, Kostak and Subject to Sauda, with the day-wise trend.
What brokers and analysts are saying about this issue, in one place.
Check with your PAN whether shares were credited to your demat account.
Subscription moves by the hour. Get it on your phone.
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Not investment advice. Subscription figures are as published by BSE/NSE and change until bidding closes.
