PNGS Reva Diamond Jewellery IPO Day 1: Subscription at 0.04x, GMP Rises 2.33% | Live Updates

Posted by : Ekta Dhawan | Tue Feb 24 2026

The PNGS Reva Diamond Jewellery IPO GMP is ₹9 as of 24th February 2026. It is a book-building issue IPO of ₹380.00 crores. This is an entirely fresh issue of 0.98 crore shares. The issue will be listed on BSE and NSE on its tentative listing date, 4th March 2026. The face value of PNGS Reva Diamond Jewellery IPO shares is ₹10 per share, and the IPO price band is ₹367 to ₹386 per share. Retail investors can bid for a minimum of 1 lot of 32 shares worth ₹12,352. Scroll down to check the PNGS Reva Diamond Jewellery IPO GMP and subscription details.

Table of Contents

PNGS Reva Diamond Jewellery IPO GMP Grey Market Premium

As mentioned earlier, the PNGS Reva Diamond Jewellery IPO GMP currently stands at ₹26.00 per share. Thus, the estimated listing price would be at ₹153.00. This indicates that the estimated listing gain in this IPO could be 20.47%. Explore the table for PNGS Reva Diamond Jewellery IPO GMP updates.

GMP DATE	IPO Price	GMP Price	Estimated Listing Price	Estimated Gain
24-2-2026	₹386.00	₹9.00	₹395.00	2.33%
23-2-2026	₹386.00	₹9.00	₹395.00	2.33%
22-2-2026	₹386.00	₹17.00	₹403.00	4.40%
21-2-2026	₹386.00	₹17.00	₹403.00	4.40%
20-2-2026	₹386.00	₹16.00	₹402.00	4.15%
19-2-2026	₹386.00	₹18.00	₹404.00	4.66%
18-2-2026	₹386.00	₹21.00	₹407.00	5.44%
17-2-2026	₹386.00	₹18.00	₹404.00	4.66%
16-2-2026	₹386.00	₹20.00	₹406.00	5.18%
15-2-2026	₹386.00	₹20.00	₹406.00	5.18%
14-2-2026	₹386.00	₹20.00	₹406.00	5.18%
13-2-2026	₹386.00	₹20.00	₹406.00	5.18%
12-2-2026	₹386.00	₹20.00	₹406.00	5.18%
11-2-2026	₹386.00	₹20.00	₹406.00	5.18%

Note: GMP details are subject to change based on market conditions and fluctuations. Check the live PNGS Reva Diamond Jewellery IPO GMP status at Univest.

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PNGS Reva Diamond Jewellery IPO Subscription Status

As of now, the PNGS Reva Diamond Jewellery IPO has been subscribed to 0.04 times. Of these, 0.19 times are subscribed by retail investors, 0.01 times by non-institutional investors, and 0.00 times by QII (Qualified Institutional Investors).

The healthy subscription status indicates that investors are expecting higher returns at the time of PNGS Reva Diamond Jewellery’s IPO listing on 4th March 2026. PNGS Reva Diamond Jewellery also has a positive outlook behind the fresh issue of 0.98 crore shares, which will raise around Rs 380.00 crores.

Note: GMP details are subject to change based on market conditions and fluctuations. Check the live PNGS Reva Diamond Jewellery IPO Subscription status at Univest.

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PNGS Reva Diamond Jewellery IPO Details

IPO Allotment Date	27th February 2026
IPO Open Date	24th January 2026
IPO Close Date	26th February 2026
Refund Initiation	2nd March 2026
Issue Size	54,90,000 shares(agg. up to ₹70 Cr)
Face Value	₹10 per share
Lot Size	32 Shares
Issue Price	₹367 to ₹386 per share
Issue Type	Bookbuilding IPO
Listing At	BSE NSE
Listing Date	4th March 2026

Also Read: PNGS Reva Diamond Jewellery IPO GMP & Review: Apply or Avoid?

Explanation

PNGS Reva Diamond Jewellery IPO: PNGS Reva Diamond Jewellery IPO Limited has declared an issue price band of ₹367 to ₹386 per share. With this IPO, the company allows retail investors to bid for at least 1 lot of 2,000 shares, each worth ₹12,352. The face value of PNGS Reva Diamond Jewellery IPO Limited shares is ₹10 per share. The shares of PNGS Reva Diamond Jewellery IPO Limited will be listed on BSE and NSE on its tentative listing day, 4th March 2026. Scroll down to check GMP updates and PNGS Reva Diamond Jewellery IPO reviews.

About PNGS Reva Diamond Jewellery Ltd.

PNGS Reva Diamond Jewellery is engaged in the jewellery business. The company offers a range of jewellery studded with diamonds and precious and semi-precious stones, set in precious metals such as gold and platinum. All products are offered under the brand name, “Reva”. The company offers a range of products, including rings, chains, and nose rings, tailored to customer segments.

The market value of promoters contributes to management’s credibility, operational stability, and a recognised position.
The company has expert directors in finance, business, and retail, who support decision-making and value creation
A variety of products and services according to the diverse needs of the customers.

PNGS Reva Diamond Jewellery Limited Financials

The company’s financial analysis is essential before applying for the PNGS Reva Diamond Jewellery IPO. See the table for PNGS Reva Diamond Jewellery Limited’s financials.

Year Ended	28th Feb 2025 (in cr.)	31st March 2024 (in cr.)	31st March 2023 (in cr.)	31st March 2022
Assets	352.70	226.84	158.33	123.93
Revenue	157.12	259.11	196.24	199.36
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 Borrowings	130.25	90.65	–	–

Explanation

PNGS Reva Diamond Jewellery Limited’s revenue increased by 54.4% from ₹259.11 crores in March 2023 to ₹157.12 crores in March 2024. Moreover, the company’s PAT increased by 13.33% from ₹2.46 crores in March 2023 to ₹5.74 crores in March 2024.

PNGS Reva Diamond Jewellery IPO Objectives

The primary aim of the PNGS Reva Diamond Jewellery IPO is to raise ₹380.00 crores. On the other hand, Fractal Analytics has decided to utilise these funds in different ways.

To Expenditure for opening new stores
To General Corporate Purposes

PNGS Reva Diamond Jewellery IPO Registrar

Bigshare Services Private Limited is the registrar for the PNGS Reva Diamond Jewellery IPO, awaiting the allotment process and initiating refunds. For any queries regarding the PNGS Reva Diamond Jewellery allotment and refund, you can contact Bigshare Services Private Limited at ipo@bigshareonline.com or +91-22-6263 8200.

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PNGS Reva Diamond Jewellery IPO Review

The PNGS Reva Diamond Jewellery IPO has gained neutral ratings from industry experts, brokers, and institutional investors. PNGS Reva Diamond Jewellery Limited’s revenue increased by 54.4% from ₹50.18 crores in March 2024 to ₹85.19 crores in March 2025. Moreover, the company’s PAT increased by 13.33% from ₹2.46 crores in March 2024 to ₹5.74 crores in March 2025. Most analysts recommend applying for this IPO to diversify your investment portfolio. However, we’re waiting for additional ratings to get a clearer picture and will keep posting them to deliver real-time insights. Until then, you can explore the company’s technical analysis to know whether you should apply for the PNGS Reva Diamond Jewellery IPO or not.

Key Indicators	Value
PE Ratio (Price-to-Earnings)	10.96
EPS (Earnings Per Share)	35.21
RoNW	16.73%
ROCE	25.3%
ROE	18.3%
EBITDA Margin	19.65%
Price to Book Value	–
Market Capitalisation	1,224.04

The P/E ratio of PNGS Reva Diamond Jewellery Limited shares is 10.96, and its Earnings Per Share (EPS) stands at 35.21. Thus, the PNGS Reva Diamond Jewellery IPO can deliver gains on its tentative listing date, 4th March 2026.

Note: The data, as mentioned above, is taken from authentic sources and highlights pre-issue information. The PE ratio and EPS of PNGS Reva Diamond Jewellery Limited are subject to change after the IPO. Explore the table below to get post-issue updates on these two metrics.

Indicators	Pre-IPO	Post-IPO
PE Ratio	10.96	[.]
EPS	35.21	[.]

FAQs on PNGS Reva Diamond Jewellery IPO

What is the PNGS Reva Diamond Jewellery IPO GMP?

Currently, on 24th February 2026, the PNGS Reva Diamond Jewellery IPO GMP (Grey Market Premium) stands at ₹9.00. This indicates that the estimated listing price could be ₹395.00 per share.

What is the issue price of the PNGS Reva Diamond Jewellery IPO?

The PNGS Reva Diamond Jewellery IPO issue price band is set at ₹367.00 to ₹386.00 per share. Retail investors can apply for a minimum of 1 lot, each consisting of 32 shares, worth ₹12,352. Moreover, HNIs are required to bid for a minimum of 16 lots (512 shares) worth ₹10,00,512.

Who is the registrar of the PNGS Reva Diamond Jewellery IPO?

Disclaimer: The above information is compiled from authentic sources and is just for informational purposes. To have detailed information about the PNGS Reva Diamond Jewellery IPO, download the PNGS Reva Diamond Jewellery IPO RHP and PNGS Reva Diamond Jewellery IPO DRHP. Conduct your research before investing in IPOs to avoid significant losses. You can also consult your financial advisor.