IPO details · Updated
PNGS Reva Diamond Jewellery Ltd.
- Price Band
- ₹367 – ₹386
- Lot Size
- 32 shares
- Min. Investment
- ₹12,352
- Issue Size
- ₹380 Cr
- Offer Dates
- 24 Feb – 26 Feb 2026
- Listing
- 4 Mar 2026
Issue Details
- Total Issue Size
- ₹380 Cr
- 98,34,560 shares
- Fresh Issue
- ₹380 Cr
- 98,34,560 shares
- Face Value
- ₹10 per share
- Issue Type
- Book-built IPO
- Listing At
- NSE, BSE
- Shares Pre-Issue
- 2,18,66,400
IPO Timeline
Offer opens
24 Feb 2026
Offer closes
26 Feb 2026
Allotment
27 Feb 2026
Listing
4 Mar 2026
Issue Allocation
Share of the offer reserved for each investor category
- QIB75.0%73,75,920 shares
- HNI15.0%14,75,184 shares
- Retail10.0%9,83,456 shares
Subscription Status
Final subscription figures for this issue are not available yet.
Lot Size & Investment
1 lot = 32 shares
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail | 1 | 32 | ₹12,352 |
| Small HNI (S-HNI) | 17 | 544 | ₹2,09,984 |
| Big HNI (B-HNI) | 81 | 2,592 | ₹10,00,512 |
Financial Performance
Restated figures in ₹ crore, unless stated otherwise
| Period | Sep-25 | Mar-25 | Mar-24 | Mar-23 |
|---|---|---|---|---|
| Assets | 352.7 | 226.84 | 158.33 | 123.93 |
| Profit After Tax | 20.13 | 59.81 | 42.4 | 51.75 |
| Net Worth | 266.45 | 246.34 | 102.65 | 60.19 |
Key Performance Indicators
| Period | Sep-25 | Mar-25 | Mar-24 |
|---|---|---|---|
| EPS (₹) | 9.21 | 35.21 | — |
Peer Comparison
Listed companies in the same business
| Company | CMP | P/E |
|---|---|---|
| Tribhovandas Bhimji Zaveri Limited | ₹161.3 | 15.74 |
| Thangamayil Jewellery Limited | ₹3,400.2 | 80.96 |
| Senco Gold Limited | ₹332.75 | 33 |
| PNGS Reva Diamond Jewellery Ltd. | — | — |
About PNGS Reva Diamond Jewellery Ltd.
PNGS Reva Diamond Jewellery Ltd., a subsidiary of P N Gadgil & Sons, focuses on retailing diamond and precious stone-studded jewellery under the Reva brand, targeting the affordable luxury segment across Western India.
Objects of the Issue
- Setting up 15 new retail stores across India
- Marketing and promotion of the Reva diamond brand
- General corporate purposes
Company Information
Strengths (from RHP)
- Strong legacy brand value backed by P N Gadgil & Sons
- Experienced management team with retail and jewellery expertise
- Regional dominance in Western India with strong customer loyalty
Key risks (from RHP)
- High geographic concentration with majority revenue from Maharashtra
- Dependence on the success of the Reva sub-brand
- Promoter brand reputation risk impacting store footfall
- Book running lead managers
- Smart Horizon Capital Advisors Private Limited
- Registered office
- Abhiruchi Mall, 59/1 C, Sinhgad Road, Wadgaon Budruk, Pune, Maharashtra, 411041
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Disclaimer: Data on OpenIPO is for information only and is not investment advice. OpenIPO is not a SEBI-registered entity. GMP figures are unofficial estimates and may change. Verify all details against the company RHP and the official registrar before investing.