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PNGS Reva Diamond

Listed MAINBOARD BSE, NSE · Gems, Jewellery And Watches

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

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IPO Open Date
Tue, 24 Feb 2026
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IPO Close Date
Thu, 26 Feb 2026
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Allotment Date
Fri, 27 Feb 2026
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Refund Initiation
Mon, 02 Mar 2026
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Credit of Shares
Sat, 28 Feb 2026
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Listing Date
Wed, 04 Mar 2026
Listing Price
₹366.0 -5.18%

bar_chart Subscription Status

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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

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

Issue Type MAINBOARD Book Built
Issue Size ₹379.52 Cr
Price Band ₹367.0 – ₹386.0
Issue Price ₹386.0
Lot Size 32 shares
Min Investment ₹12,352
Exchange BSE, NSE
Sector Gems, Jewellery And Watches
Open Date 24 Feb 2026
Close Date 26 Feb 2026
Allotment 27 Feb 2026
Listing Date 04 Mar 2026

pie_chart Investor Allocation

QIB (Institutional) 50%
NII / HNI 15%
Retail (RII) 35%

Registrar

domain Bigshare Services Pvt.Ltd.

Lead Managers / Book Running

account_balance Smart Horizon Capital Advisors Pvt.Ltd.

timeline IPO Timeline

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Open

24 Feb 2026

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Close

26 Feb 2026

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Allotment

27 Feb 2026

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Listing

04 Mar 2026

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