How to Check PNGS Reva Diamond Jewellery IPO Allotment Status

Incorporated in 2004, PNGS Reva Diamond Jewellery is engaged in the jewellery business. The company offers different types of jewellery made using diamonds and precious and semi-precious stones, which are studded into precious metals such as gold and platinum. All products are offered under the brand name "Reva".

As on the date of RHP, the company had 34 stores across 25 cities in the states of Maharashtra, Gujarat, and Karnataka, aggregating across an area of 647.15 Running Feet. Its stores are operated under Franchise Owned and Company Operated (FOCO), Franchise Owned and Franchise Operated (FOFO), and Company Owned and Company Operated (COCO) models.

PNGS Reva Diamond Jewellery IPO is a book build issue of ₹380.00 crore, entirely comprising a fresh issue of 0.98 crore shares aggregating to ₹380.00 crore. The IPO opened on February 24, 2026, and closed on February 26, 2026. The allotment is expected on Friday, February 27, 2026. The share price band was set at ₹367 to ₹386 per share.

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Steps to Check PNGS Reva Diamond Jewellery IPO Allotment Status on Registrar Site

• Visit the Bigshare Services Pvt. Ltd.
• Select "PNGS Reva Diamond Jewellery" from the dropdown menu on the allotment status page
• Enter your PAN ID, Demat Account Number, or Application Number in the designated field
• Complete the captcha verification process and click on the "Submit" button to view your allotment status

Steps to Check PNGS Reva Diamond Jewellery IPO Allotment Status on BSE

• Navigate to the BSE IPO Allotment Status Page, NSE IPO Allotment Status Page.
• Select the issue type: equity/debt
• Choose "PNGS Reva Diamond Jewellery" from the list of active IPOs in the dropdown menu
• Input your Application Number and PAN ID in the required fields
• Verify the captcha and click "Search" to check your allotment status

PNGS Reva Diamond Jewellery IPO subscribed 1.30 times overall. Here is the category-wise breakdown as of 5:04:33 PM on February 26, 2026:

PNGS Reva Diamond Jewellery IPO Subscription Status

QIB Category (Ex Anchor): 1.10 times
Non-Institutional Investors (NII): 1.62 times
Retail Investors: 1.36 times

PNGS Reva Diamond Jewellery IPO Share Price and Investment Details

The minimum investment required was ₹12,352 for 1 lot (32 shares). The issue raised ₹170.58 crore from anchor investors. The issue includes a reservation of up to 10,000 shares for employees. The anchor investor lock-in period ends on March 29, 2026 for 50% of shares (30 days). Given the overall subscription of 1.30 times with modest institutional interest at 1.10 times, moderate NII participation at 1.62 times, and moderate retail subscription at 1.36 times, the share price listing expectations remain cautious.

Utilisation of IPO Proceeds

The proceeds will be utilised for funding expenditure towards setting-up of 15 new stores (₹286.56 crore), marketing and promotional expenses related to the launch of the 15 new stores, aimed at enhancing local brand awareness and visibility of the flagship brand "Reva" in their respective areas (₹35.40 crore), and general corporate purposes.

Business Overview

PNGS Reva Diamond Jewellery Limited is engaged in the diamond studded jewellery business with its 34 stores. It is expanding its store count by 15 with IPO funds. The company marked inconsistency in its top and bottom lines for the reported periods.

The company demonstrated financial performance with total income of ₹259.11 crore for FY2025 and a net worth of ₹120.31 crore as of September 30, 2025. The company benefits from the brand value and legacy of its promoters contributing to market position and customer trust, an experienced Board of Directors providing diverse expertise across finance, business, retail and jewellery, regional expertise across Tier-1, Tier-2, and Tier-3 cities in Maharashtra, Gujarat, and Karnataka, and a diversified product portfolio across categories and price points. However, investors should note the post-issue P/E ratio of 10.96 and Price to Book Value of 8.42.