PNGS Reva Diamond Jewellery IPO Details
PNGS Reva Diamond Jewellery IPO Summary
PNGS Reva Diamond Jewellery IPO opens for subscription on 24 Feb 2026 and closes on 26 Feb 2026.The IPO will be listed on NSE, BSE with the tentative listing date set for 04 Mar 2026.
PNGS Reva Diamond Jewellery IPO price band has been fixed at ₹367 – ₹386 per share. The face value is ₹10 per share with a lot size of 32.
PNGS Reva Diamond Jewellery IPO total issue size comprises 98,44,560 shares (aggregating up to ₹380.00 Cr). This includes a fresh issue of 98,44,560 shares (aggregating up to ₹380.00 Cr). Pre-issue shareholding stands at 2,18,66,400, which will increase to 3,17,10,959 post-issue.
PNGS Reva Diamond Jewellery IPO carries a ₹-15 (-3.89%) GMP, reflecting investor sentiment.
PNGS Reva Diamond Jewellery IPO Lot Size :Retail Minimum is 1 lot (32 shares) amounting to ₹12,352. Retail Maximum is 16 lots (512 shares) amounting to ₹197,632. SHNI Minimum is 17 lots (544 shares) amounting to ₹209,984. SHNI Maximum is 80 lots (2,560 shares) amounting to ₹988,160. BHNI Minimum is 81 lots (2,592 shares) amounting to ₹1,000,512.
PNGS Reva Diamond Jewellery IPO Details
PNGS Reva Diamond Jewellery IPO Subscription
PNGS Reva Diamond Jewellery IPO Application Wise Breakup (Approx)
PNGS Reva Diamond Jewellery IPO Dates
- 24 Feb 2026Opening dateOpen
- 26 Feb 2026Closing dateClose
- 27 Feb 2026Allotment Date Allotment
- 02 Mar 2026Initiation of RefundsRefund
- 02 Mar 2026Credit of SharesCredit
- 04 Mar 2026Listing dateListing
PNGS Reva Diamond Jewellery IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 | 32 | ₹12,352 |
| Retail Maximum | 16 | 512 | ₹197,632 |
| SHNI Minimum | 17 | 544 | ₹209,984 |
| SHNI Maximum | 80 | 2560 | ₹988,160 |
| BHNI Minimum | 81 | 2592 | ₹1,000,512 |
PNGS Reva Diamond Jewellery IPO Reservation
Promoter Holding
Documents
PNGS Reva Diamond Jewellery IPO Valuations
PNGS Reva Diamond Jewellery Financial Information
| Period Ended | 30 Sep 2025 | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|---|
| Assets | 352.70 | 226.84 | 158.33 | 123.93 |
| Total Income | 157.12 | 259.11 | 196.24 | 199.35 |
| Profit After Tax | 20.13 | 59.47 | 42.41 | 51.75 |
| EBITDA | 30.79 | 79.61 | 56.14 | 68.73 |
| NET Worth | 120.31 | 100.19 | -28.50 | -52.02 |
| Reserves and Surplus | 98.44 | 95.33 | -37.64 | -60.74 |
| Total Borrowing | 130.25 | 90.65 | ||
| Amount in ₹ Crore | ||||
About PNGS Reva Diamond Jewellery IPO
Incorporated in 2004, PNGS Reva Diamond Jewellery is engaged in the jewellery business under the brand name “Reva”. The Company offers jewellery crafted using diamonds and precious and semi-precious stones, studded in precious metals such as gold and platinum.
The Company’s product portfolio includes rings, earrings, necklaces, pendants, solitaires, bangles, bracelets, mangalsutra, nose rings, and chains, catering to diverse customer segments and occasions. As of September 30, 2025, the Company had 13 distinct jewellery collections developed through its in-house design team and curated selections from third-party manufacturers and karigars.
As of the date of the Red Herring Prospectus (RHP), the Company operated 34 stores across 25 cities in Maharashtra, Gujarat, and Karnataka, aggregating approximately 647.15 running feet of retail frontage.
Store Operating Models
- Franchise Owned and Company Operated (FOCO)
- Franchise Owned and Franchise Operated (FOFO)
- Company Owned and Company Operated (COCO)
Strength Of PNGS Reva Diamond Jewellery IPO
- 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.
- Our experienced Board of Directors provides diverse expertise across finance, business, retail and jewellery, which contributes to decision-making and long-term value creation.
- Our brand value and the legacy of our Promoters contribute to our market position, customer trust, and operational stability.
- Diversified product portfolio across categories and price points helps us to stay ahead of changing consumer preferences.
- Our expertise in customised jeweller and high-value bridal jewellery enhances revenue and brand prestige.
Risk Of PNGS Reva Diamond Jewellery IPO
- The success of its business is closely tied to the strength and reputation of the company's flagship brand, "Reva". However, there is no guarantee that the company will be able to effectively maintain or enhance the awareness and perception of the "Reva" brand in the market. Any reputational damage to the brand, name or logo could have an adverse effect on its financial condition, cash flows and results of operations.
- The company is dependents on the brand reputation of its Corporate Promoter, P.N. Gadgil & Sons Limited and any reputational damage to their brand will also have an impact on the company's footfall and subsequently its sales and revenue.
- The company's inability to effectively market its products could affect consumer footfall and consequently adversely impact the company's business, financial condition, cash flows and results of operations.
- Products such as lab-grown or synthetic diamonds are gaining popularity and become more easily available, which may cause a decrease in demand for natural diamonds or gemstones from customers. The lower cost and growing acceptance of these diamonds is a potential threat to the natural diamond industry, and its pricing strategies may not be successful in competing with cost-efficient synthetic alternative products.
- The company's ability to sustain revenue growth and profitability is dependent on converting existing customers into repeat customers and acquiring new customers in a cost-effective manner. If the company fails to achieve this, the company's business, financial condition, results of operations, and cash flows could be adversely affected.
- The company's ability to introduce new designs and update its collections in line with evolving customer preferences is critical to the company's business success. If the company fails to anticipate or respond effectively to changing trends, the company's business prospects, results of operations, and cash flows could be adversely affected.
- The company's inability to maintain an optimal level of inventory in its Stores may impact the company's operations adversely.
- The company's revenue is influenced by seasonal trends and any dip in earnings during peak periods could disproportionately affect its overall performance.
- A significant portion of its revenue comes from its Stores in Maharashtra, where the company's operations are heavily focused. If this region or these key locations face any negative developments, it could harm its business performance, growth potential, financial health, and overall profitability.
- The company's business depends on adequate working capital to support its continues growth. If the company is unable to maintain the working capital requirements, on favorable terms, it may harm its operations, financial stability, and profitability
Objectives PNGS Reva Diamond Jewellery IPO
1. Funding expenditure towards setting-up of 15 New Stores
2. 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
3. General corporate purposes
Company Contact Details
PNGS Reva Diamond Jewellery Limited
Abhiruchi Mall,
59/1 C,
Sinhgad Road, Wadgaon Budruk,
Pune, Maharashtra, 411041
Phone: +91 020-29980704
Email: investor@revabypng.com
Website: https://www.revabypng.com/
Registrar Contact Details
PNGS Reva Diamond Jewellery FAQs
The PNGS Reva Diamond Jewellery IPO is a MAINBOARD public issue comprising 9844560 equity shares with a face value of ₹10 each, aggregating to a total issue size of ₹380.00 Cr. The issue price has been fixed at ₹386 per equity share, and the minimum application size is 32 shares.
The IPO opens for subscription on 24 Feb 2026, and closes on 26 Feb 2026.
Bigshare Services Pvt Ltd has been appointed as the registrar to the issue. The equity shares are proposed to be listed on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE).
As of now, the current GMP stands at ₹-15 (-3.89%).
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