Incorporated in 2004, PNGS Reva Diamond Jewellery Limited operates under the brand name “Reva” and offers jewellery crafted using diamonds, precious and semi-precious stones set in gold and platinum.
PNGS Reva Diamond Jewellery IPO 2026 – Dates, Price Band, Lot Size & Review
Book Built Issue | BSE & NSE
IPO Snapshot
24 February 2026
26 February 2026
27 February 2026
4 March 2026 (Tentative)
₹367 to ₹386
32 Shares
₹380.00 Crore
Bookbuilding IPO
PNGS Reva Diamond Jewellery IPO Details
| Particular | Details |
|---|---|
| IPO Dates | 24 to 26 February, 2026 |
| Face Value | ₹10 per share |
| Price Band | ₹367 to ₹386 per share |
| Total Issue Size | 98,44,559 shares (₹380 Cr) |
| Market Cap (Pre-IPO) | ₹1,224.04 Cr |
| Listing At | BSE, NSE |
| Issue Type | Bookbuilding IPO |
| Sale Type | Fresh Capital |
| Registrar | Bigshare Services Pvt. Ltd. |
| Lead Manager | Smart Horizon Capital Advisors Pvt. Ltd. |
IPO Timeline (Tentative)
| Event | Date |
|---|---|
| IPO Opens | Tuesday, 24 February 2026 |
| IPO Closes | Thursday, 26 February 2026 |
| Allotment | Friday, 27 February 2026 |
| Refunds | Monday, 2 March 2026 |
| Shares Credited | Monday, 2 March 2026 |
| Listing | Wednesday, 4 March 2026 |
IPO Lot Size & Investment
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 32 | 12,352 |
| Retail (Max) | 16 | 512 | 1,97,632 |
| S-HNI (Min) | 17 | 544 | 2,09,984 |
| S-HNI (Max) | 80 | 2,560 | 9,88,160 |
| B-HNI (Min) | 81 | 2,592 | 10,00,512 |
IPO Reservation
| Investor Category | Reservation |
|---|---|
| QIB | Not less than 75% of Net Issue |
| Retail | Not more than 10% of Net Issue |
| NII | Not more than 15% of Net Issue |
About PNGS Reva Diamond Jewellery Ltd.
Incorporated in 2004, PNGS Reva Diamond Jewellery Limited operates under the brand name “Reva” and offers jewellery crafted using diamonds, precious and semi-precious stones set in gold and platinum.
The company offers rings, earrings, necklaces, pendants, solitaires, bangles, bracelets, mangalsutra, nose rings, and chains. As of September 30, 2025, it has 13 distinct jewellery collections.
As on the date of RHP, the company operated 34 stores across 25 cities in Maharashtra, Gujarat and Karnataka under FOCO, FOFO and COCO models.
Financial Performance (₹ Crore)
| Particular | Sep 30, 2025 | Mar 31, 2025 | Mar 31, 2024 |
|---|---|---|---|
| Total Income | 157.12 | 259.11 | 196.24 |
| Profit After Tax | 20.13 | 59.47 | 42.41 |
| EBITDA | 30.79 | 79.61 | 56.14 |
| Net Worth | 120.31 | 100.19 | -28.50 |
Key Performance Indicators (KPI)
| KPI | Sep 30, 2025 | Mar 31, 2025 |
|---|---|---|
| ROE | 18.3% | 165.9% |
| ROCE | 25.2% | 79.8% |
| Debt/Equity | 1.10 | 0.90 |
| PAT Margin | 12.85% | 23.04% |
| EBITDA Margin | 19.65% | 41.81% |
IPO Objectives
- Funding expenditure towards setting-up of 15 New Stores – ₹286.56 Cr
- Marketing and promotional expenses for new stores – ₹35.40 Cr
- General corporate purposes
Promoters
P.N. Gadgil & Sons Limited, Govind Vishwanath Gadgil and Renu Govind Gadgil are the promoters of the company.
IPO Registrar
Bigshare Services Pvt. Ltd.
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Lead Manager
Smart Horizon Capital Advisors Pvt. Ltd.
Company Contact Details
PNGS Reva Diamond Jewellery Ltd.
Abhiruchi Mall, 59/1 C,
Sinhgad Road, Wadgaon Budruk,
Pune, Maharashtra – 411041
Phone: +91 020-29980704
Email: investor@revabypng.com
Frequently Asked Questions (FAQs)
What is the PNGS Reva Diamond Jewellery IPO date?
The IPO opens on 24 February 2026 and closes on 26 February 2026.
What is the price band of PNGS Reva Diamond Jewellery IPO?
The price band is ₹367 to ₹386 per share.
What is the minimum investment for retail investors?
Retail investors can apply for a minimum of 32 shares amounting to ₹12,352.
Where will PNGS Reva Diamond Jewellery IPO list?
The IPO will be listed on BSE and NSE.