The PNGS Reva Diamond Jewellery IPO is a public offering by PNGS Reva Diamond Jewellery Ltd, a Pune-based retail jewellery company. The company plans to list its shares on India’s stock markets — the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) — so that the public can invest in its growth.
PNGS Reva Diamond specialises in diamond and gemstone jewellery set in gold and platinum, and operates across several Indian states with retail stores and brand presence, especially in Maharashtra.
🗓️ IPO Timeline
| Event | Date |
|---|---|
| IPO Open for Subscription | February 24, 2026 |
| IPO Close for Subscription | February 26, 2026 |
| Basis of Allotment Finalised | February 27, 2026 |
| Refunds Initiated | March 2, 2026 |
| Shares Credit to Demat | March 2, 2026 |
| Expected Listing on NSE & BSE | March 3 or 4, 2026 |
💎 Company Background
- PNGS Reva Diamond Jewellery was formed when its promoter P.N. Gadgil & Sons Ltd transferred its diamond jewellery business through a business restructuring.
- The company carries forward jewellery design experience and premium branding in diamond-studded products.
- It currently operates shops across multiple cities and intends to expand significantly using IPO funds.
💰 Issue Size & Structure
- Total IPO Size: ₹380 crore (approximately) focused on fresh equity issue for expansion.
- There is no Offer For Sale (OFS) — meaning promoters are not selling existing shares in this IPO. It is only fresh capital raised for growth. )
- Shares will have a face value of ₹10 each.
📊 Price Band, Lot Size & Allocation
At the time of writing, the exact IPO price band and minimum lot size weren’t publicly released yet (₹ N/A). These will be announced in the Red Herring Prospectus (RHP) before IPO opens.
Typically, such IPOs have slots for different investor categories like:
- Retail Individual Investors (RII)
- Qualified Institutional Buyers (QIB)
- Non-Institutional Investors (NII)
(Detailed allocation percentage will be mentioned later)
—
🎯 Purpose of the IPO Funds
The company intends to use the capital raised to:
📌 1. Expand Retail Presence
- Set up up to 15 new exclusive stores across India by FY 2028.
📌 2. Branding & Promotion
- Invest in marketing and promotional activities to grow brand awareness.
📌 3. General Corporate Purposes
- General working capital, systems, and operations.
📊 Financial Snapshot (Recent)
Here’s a quick view of how the business has been doing:
| Financial Year | Revenue (₹ Crore) | Net Profit (₹ Crore) |
|---|---|---|
| FY23 | 198.8 | 51.7 |
| FY24 | 195.6 | 42.4 |
| FY25 | 258.2 | 59.5 |
➡ The company saw strong growth in FY25, with both revenue and profit rising compared to prior years, signalling improving performance.
📋 Strengths of the Company
✅ Part of the historic lineage of P.N. Gadgil & Sons, a long-established jewellery brand.
✅ Focus on premium diamond jewellery with customisable options.
✅ Plans to expand retail footprint using IPO proceeds.
✅ Listed on both major Indian stock exchanges (BSE and NSE) after the offer. )
⚠️ Things Investors Should Know
📍 Price band and lot size are not yet published. Investors should wait for the RHP document before applying.
📍 IPO markets are subject to risk — stock prices can go up or down after listing based on market conditions.
📍 Demand and subscription rates will affect allotment and listing performance.
🏢 Registered & Corporate Office (Head Office)
📍 PNGS Reva Diamond Jewellery Ltd
Abhiruchi Mall, 59/1 C, Sinhgad Road, Wadgaon Budruk,
Pune – 411041, Maharashtra, India.
📞 Phone: +91 020-29980704
✉️ Email: investor@revabypng.com (used for IPO / investor queries)
🌐 Website: https://www.revabypng.com/
👉 This is both the registered office as per company records and the corporate office where company leadership and official matters are handled.
📍 Additional Contact (from company contact page)
You can also reach them at the general contact email: contact@revabypng.com, and the same Pune address
Disclaimer
The information shared here is intended solely for educational and general awareness purposes. Any securities, investments, or IPO-related details mentioned should not be interpreted as financial advice or investment recommendations. Readers are encouraged to conduct their own independent research or seek guidance from a qualified financial professional before making investment decisions.
IPO-related updates are provided for informational use only. Market trends, past performance, or investor interest do not ensure future outcomes. We are not registered with SEBI. Investments in IPOs and the securities market involve inherent risks, and individuals should carefully evaluate their financial situation or consult a certified financial advisor before investing.
