PNGS Reva Diamond Jewellery IPO — Date, Price Band, GMP & Allotment 2026
PNGS Reva Diamond Jewellery IPO opens on 24 February 2026, closing 26 February, with listing on 4 March on BSE and NSE. Founded in July 2004 as a partnership firm and converted to public limited company in December 2024, it spun off from listed P.N. Gadgil & Sons via slump sale. The business model focuses on affordable diamond-studded gold and platinum jewellery under the Reva brand, using asset-light shop-in-shop, FOCO, FOFO formats with custom designs targeting mass premium buyers. Main presence spans 34 stores across 25 cities in Maharashtra, Gujarat, Karnataka.
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IPO GMP
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Stock Price
As the IPO is listed, here is the Live Share Price for PNGS Reva Diamond Jewellery
IPO Summary
What is the PNGS Reva Diamond Jewellery IPO Timetable?
Track the IPO schedule and key events.
| Event | Date | Day |
|---|---|---|
| IPO Open Date | 24 Feb, 2026 | Tuesday |
| IPO Close Date | 26 Feb, 2026 | Thursday |
| Basis of Allotment | 27 Feb, 2026 | Friday |
| Refunds Initiated | 02 Mar, 2026 | Monday |
| Credit to Demat | 02 Mar, 2026 | Monday |
| Listing Date | 04 Mar, 2026 | Wednesday |
What is the PNGS Reva Diamond Jewellery IPO Lot Size?
Bidding in multiples of 32 shares.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 32 | ₹12,352 |
| Retail (Max) | 16 | 512 | ₹1,97,632 |
| S-HNI (Min) | 17 | 544 | ₹2,09,984 |
| S-HNI (Max) | 80 | 2560 | ₹9,88,160 |
| B-HNI (Min) | 81 | 2592 | ₹10,00,512 |
About PNGS Reva Diamond Jewellery
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.
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PNGS Reva Diamond Jewellery Key Performance Indicators (KPIs)
Objects of the Issue
| Issue Object | Estimate Amount |
|---|---|
| Funding expenditure towards setting-up of 15 New Stores | ₹286.56 Cr. |
| 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 | ₹35.40 Cr. |
| General corporate purposes | - |
Company Financials
The PNGS Reva Diamond Jewellery company's financial performance (in ₹ Cr.) is summarized below:
| Metric | 30 Sep 2025 | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|---|
| Revenue | 157.12 | 259.11 | 196.24 | 199.35 |
| OPM % | 12.85% | 23.04% | 21.68% | 26.02% |
| EBITDA | 30.79 | 79.61 | 56.14 | 68.73 |
| Net Profit | 20.13 | 59.47 | 42.41 | 51.75 |
| Debt | 130.25 | 90.65 | - | - |
| Assets | 352.70 | 226.84 | 158.33 | 123.93 |
See how this IPO compares — view listing performance of all mainboard IPOs.
Promoters and Shareholding Details
The promoters of the company are P.N. Gadgil & Sons Limited, Govind Vishwanath Gadgil And Renu Govind Gadgil.
| Particular | % Share |
|---|---|
| Promoter Holding Pre Issue | 87.45% |
| Promoter Holding Post Issue | 60.31% |
Frequently Asked Questions
What is the GMP of PNGS Reva Diamond Jewellery?
The current Grey Market Premium (GMP) of PNGS Reva Diamond Jewellery is ₹ -18.
What is the PNGS Reva Diamond Jewellery IPO Price Band?
The price band for PNGS Reva Diamond Jewellery IPO is ₹367 to ₹386.
When is the PNGS Reva Diamond Jewellery IPO Allotment?
The allotment date for PNGS Reva Diamond Jewellery IPO is February 27, 2026.
How to check PNGS Reva Diamond Jewellery IPO Allotment Status?
You can check the allotment status on the IPO Allotment Status page or on the registrar's website (Bigshare Services Pvt.Ltd.).
Official Documents
Company Contact Details
PNGS Reva Diamond Jewellery
Abhiruchi Mall, 59/1 C, Sinhgad Road, Wadgaon Budruk, Pune, Maharashtra, 411041
+91 020-29980704
Registrar
Bigshare Services Pvt.Ltd.
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