PNGS Reva Diamond Jewellery Limited - IPO

Incorporated in 2004, PNGS, short for P N Gadgil & Sons is engaged in the business of jewellery.

The company 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.

In February 2025, they launched a diamond-focused sub-brand called Reva, aiming to offer elegant yet affordable diamond jewellery

The Reva collection features pure diamond pieces with modern designs, crafted to be customizable, and is priced starting from ₹10,000. They introduced this line right before Valentine’s Day in 2025, with promotions like waived making charges to boost appeal.

As of March 31,2025, the company had 33 Stores across 25 cities in the states of Maharashtra, Gujarat and Karnataka aggregating to an area of 599.15 Running Feet.

Product:

• Diamond rings made in hallmarked gold
• Diamond earrings made in hallmarked gold
• Diamond bracelets made in hallmarked gold
• Diamond set with diamond pendent and diamond earrings made in hallmarked gold
• Diamond necklace set with diamond necklace and diamond earrings made in hallmarked gold

Competitive Strengths:

• The brand value and the legacy of our Promoters contribute to our market position, customer trust, and operational stability.
• The experienced Board of Directors provides diverse expertise across finance, business, retail and jewellery, which contributes to decision-making and long-term value creation.
• Regional expertise across Tier-1, Tier-2 and Tier-3 cities in Maharashtra, Gujarat and Karnataka contributes to overall operational efficiency while also building community trust and loyalty, word-of-mouth advocacy and brand reputation in the region.
• Diversified product portfolio across categories and price points helps us to stay ahead of changing consumer preferences