PNGS Reva Diamond Jewellery IPO
IPO Listing Details
- Listing Date
04 Mar 2026
- Listing Price
₹372.00
- Listing Change
-3.63%
- Last Traded Price
₹394.10
PNGS Reva Diamond Jewellery IPO Details
-
Open Date
24 Feb 2026
-
Close Date
26 Feb 2026
-
Listing Date
04 Mar 2026
- IPO Price Range
₹ 367 to ₹386
- IPO Size
₹ 380.00 Cr
- Listing Exchange
BSE NSE
PNGS Reva Diamond Jewellery IPO Timeline
PNGS Reva Diamond Jewellery IPO Subscription Status
| Date | QIB | NII | Retail | TOTAL |
|---|---|---|---|---|
| 24-Feb-2026 | 0.96 | 0.07 | 0.42 | 0.63 |
| 25-Feb-2026 | 1.01 | 0.69 | 0.72 | 0.88 |
| 26-Feb-2026 | 1.10 | 1.62 | 1.37 | 1.30 |
Last Updated: 26 February 2026 5:50 PM by 5paisa
PNGS Reva Diamond Jewellery operates in the diamond jewellery segment under the brand “Reva”, offering an extensive range of products crafted in gold and platinum, studded with diamonds and precious or semi-precious stones. Its portfolio includes rings, earrings, necklaces, solitaires, bangles and more. As of 30 September 2025, the company had 34 stores across 25 cities in Maharashtra, Gujarat and Karnataka, operating under FOCO, FOFO and COCO models.
Established in: 2004
Managing Director: Aditya Amit Modak
Peers:
| Metric |
PNGS Reva Diamond Jewellery and Women Health Limited |
Tribhovandas Bhimji Zaveri Limited |
Thangamayil Jewellery Limited |
Senco Gold Limited |
|---|---|---|---|---|
|
Revenue from Operations |
258.18 | 2620.48 | 4910.58 | 6328.07 |
|
Face Value |
10 | 10 | 10 | 10 |
|
Closing price on February 6, 2026 (₹) |
NA | 161.30 | 3400.20 | 332.75 |
| EPS (Basic) (₹) | 35.21 | 10.25 | 42.00 | 10.09 |
| EPS (Diluted) (₹) | 35.21 | 10.25 | 42.00 | 10.08 |
| NAV | 45.82 | 98.49 | 390.03 | 120.37 |
| P/E | NA | 15.74 | 80.96 | 33.00 |
| RONW (%) | 59.36 | 10.41 | 10.77 | 8.09 |
PNGS Reva Diamond Jewellery Objectives
1. The company will invest ₹286.56 crore to establish 15 new stores.
2. An allocation of ₹35.40 crore is earmarked for marketing and promotional activities.
3. Remaining proceeds will be utilised for general corporate purposes.
PNGS Reva Diamond Jewellery IPO Size
| Types | Size |
|---|---|
| Total IPO Size | ₹380.00 Cr |
| Offer For Sale | - |
| Fresh Issue | ₹380.00 Cr |
PNGS Reva Diamond Jewellery IPO Lot Size
| Application | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 32 | 12,160 |
| Retail (Max) | 16 | 512 | 1,97,632 |
| S - HNI (Min) | 67 | 544 | 1,99,648 |
| S - HNI (Max) | 80 | 2,560 | 9,88,160 |
| B - HNI (Min) | 81 | 2,592 | 9,51,264 |
PNGS Reva Diamond IPO Reservation
| Investors Category | Subscription (times) | Shares Offered* | Shares bid for | Total Amount (Cr.)* |
|---|---|---|---|---|
| QIB (Ex Anchor) | 1.10 | 29,56,719 | 32,42,304 | 125.153 |
| Non-Institutional Buyers | 1.62 | 14,75,184 | 23,88,224 | 92.185 |
| BNII | 1.71 | 9,83,456 | 16,77,888 | 64.766 |
| SNII | 1.44 | 4,91,728 | 7,10,336 | 27.419 |
| Individual Investors (IND category bidding for 2 Lots) | 1.37 | 9,83,456 | 13,42,592 | 51.824 |
| Total** | 1.30 | 54,15,359 | 70,43,968 | 271.897 |
*The "Shares Offered" and "Total Amount" are calculated using the upper limit of the issue price range.
**Shares allocated to anchor investors (or market makers) are excluded from the total number of shares offered.
| Particulars (In ₹ Crores) | FY23 | FY24 | FY25 |
| Revenue | 198.85 | 195.63 | 258.18 |
| EBITDA | 68.73 | 56.13 | 79.61 |
| PAT | 51.75 | 42.41 | 59.47 |
| Particulars (In ₹ Crores) | FY23 | FY24 | FY25 |
| Total Assets | 123.93 | 158.33 | 226.84 |
| Share Capital | 8.73 | 9.14 | 4.86 |
| Total Liabilities | 175.94 | 186.82 | 126.64 |
| Cash Flows (₹ Crores) | FY23 | FY24 | FY25 |
| Net Cash Generated From / (used in) Operating Activities | 39.50 | 18.37 | 39.01 |
| Net Cash Generated From / (used in) Investing Activities | 0.45 | 0.71 | -159.42 |
| Net Cash Generated From / (used in) Financing Activities | -0.80 | -0.01 | 173.23 |
| Net Increase (Decrease) in Cash and Cash Equivalents | 39.14 | 19.07 | 52.83 |
Strengths
1. Strong regional presence across western India
2. Diversified diamond and studded jewellery portfolio
3. Multiple store formats enhancing expansion flexibility
4. In-house design team with skilled karigars
Weaknesses
1. Geographic concentration in limited states
2. High dependence on franchise-operated stores
3. Significant capital required for store expansion
4. Exposure to fluctuations in gold prices
Opportunities
1. Rising demand for branded diamond jewellery
2. Expansion into untapped tier-two cities
3. Growing preference for organised retail players
4. Increasing disposable income among urban consumers
Threats
1. Intense competition from established jewellery brands
2. Volatility in precious metal prices
3. Economic slowdown impacting discretionary spending
4. Regulatory changes affecting jewellery trade norms
1. Expanding store network across key regions
2. Strong branded presence in organised retail
3. Diversified diamond jewellery product portfolio
4. Growth aligned with rising consumer demand
India’s organised diamond jewellery market continues to expand, driven by rising disposable incomes, increasing urbanisation and growing preference for branded products. PNGS Reva Diamond Jewellery is positioned to benefit from this shift towards trusted retail players, supported by its focused regional presence and diversified collections. Its planned store expansion across key western states and investment in brand visibility could further strengthen market penetration and support long-term revenue growth.
- Companies
- Type
- Opening On
-
Rajputana Stainless
- Mainboard
- 09th Mar
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FAQs
PNGS Reva Diamond Jewellery IPO opens from February 25, 2026, to February 26, 2026.
The size of the PNGS Reva Diamond Jewellery IPO is ₹380.00 Cr.
The price band of PNGS Reva Diamond Jewellery IPO is fixed at ₹367 to ₹386.
To apply for PNGS Reva Diamond Jewellery IPO, follow the steps given below:
● Login to your 5paisa demat account and select the issue in the current IPO section
● Enter the number of lots and the price at which you wish to apply for the PNGS Reva Diamond Jewellery. IPO.
● Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange.
You will receive a mandate notification to block funds in your UPI app.
The minimum lot size of PNGS Reva Diamond Jewellery IPO is 32 shares and the investment required is ₹12,160.
The share allotment date of PNGS Reva Diamond Jewellery IPO is February 27, 2026
The PNGS Reva Diamond Jewellery IPO will likely be listed on March 4, 2026.
Smart Horizon Capital Advisors Pvt.Ltd is the book running lead managers for PNGS Reva Diamond Jewellery IPO.
PNGS Reva Diamond Jewellery IPO plans to utilise the raised capital from the IPO for:
1. The company will invest ₹286.56 crore to establish 15 new stores.
2. An allocation of ₹35.40 crore is earmarked for marketing and promotional activities.
3. Remaining proceeds will be utilised for general corporate purposes.