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PNGS Reva Diamond
Price Band
₹367.0–386.0
Issue Size
₹379.52 Cr
Lot Size
32 shares
Min Investment
₹12,352
GMP
₹-20.0 (-5.18%)
Issue Price
₹386.0
calendar_month Important Dates
bar_chart Subscription Status
Subscription data unavailable
trending_up Grey Market Premium (GMP)
GMP
₹-20.0
GMP %
-5.18%
Est. Listing
₹366.0
schedule Updated: 14 Jul 2026 15:52
Share GMP:
business About the Company
PNGS Reva Diamond Jewellery operates in the jewellery sector, offering a diverse range of products crafted from diamonds and precious or semi-precious stones set in metals such as gold and platinum. All jewellery is marketed under the brand name, “Reva.” The company’s portfolio includes rings, earrings, necklaces, pendants, solitaires, bangles, bracelets, mangalsutras, nose rings, and chains, designed to cater to various customer preferences and occasions. As of September 30, 2025, Reva features 13 unique jewellery collections, comprising designs created by its in-house design team as well as curated selections from third-party manufacturers and Karigars At the time of the Draft Red Herring Prospectus (RHP), the company operated 34 stores across 25 cities in Maharashtra, Gujarat, and Karnataka, covering a total area of 647.15 running feet. Reva’s stores are managed through a mix of operational models: Franchise Owned Company Operated (FOCO), Franchise Owned Franchise Operated (FOFO), and Company Owned Company Operated (COCO). 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
payments Company Financials (₹ Cr)
As of 2025-09-30
| 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 |
Key Ratios
EPS
₹35.21
NAV
₹45.82
ROE
165.9%
ROCE
79.8%
RoNW
59.36%
P/B Value
8.42
P/E Ratio
10.96
Market Cap
₹1224.04 Cr
PAT Margin
23.04%
Debt/Equity
0.90
Promoters
P.N.Gadgil & Sons Ltd., Govind Vishwanath Gadgil and Renu Govind Gadgil
Objects of the Issue
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects: # Issue Objects Est Amt (₹ Cr.) 1 Funding expenditure towards setting up of 15 New Stores 286.56 2 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 3 General Corporate Purposes 27.16 4 Issue Expenses 30.39 Total 379.52
info Issue Details
pie_chart Investor Allocation
Registrar
Lead Managers / Book Running
timeline IPO Timeline
Open
24 Feb 2026
Close
26 Feb 2026
Allotment
27 Feb 2026
Listing
04 Mar 2026