PNGS Reva Diamond Jewellery IPO Date: Your Guide to This Shiny Opportunity
Hey there, have you heard the buzz about the PNGS Reva Diamond Jewellery IPO? It's opening today, and if you're dipping your toes into the stock market, this could be your chance to grab a piece of the bling. Like finding a diamond in a coal mine, spotting the right IPO can make your portfolio sparkle.
Discover the PNGS Reva Diamond Jewellery IPO date (Feb 24-26, 2026), IPO price (₹367-₹386), and tips from stock market coaching experts. Learn how to apply and why it's a sparkling opportunity for investors.
What is PNGS Reva Diamond Jewellery?
PNGS Reva Diamond Jewellery is a sparkling player in the jewellery world, focusing on affordable diamond pieces under the "Reva" brand. Incorporated back in 2004 and spun off from the big name P.N. Gadgil & Sons in early 2025, they craft rings, earrings, necklaces, and more using natural diamonds, precious stones, gold, and platinum.
Picture this: instead of ultra-luxury pieces that cost a fortune, Reva targets everyday buyers who want that wow factor without breaking the bank. With 34 stores across 25 cities in Maharashtra, Gujarat, and Karnataka, they're all about blending modern designs with customization.
Their in-house designers and trusted karigars create 13 collections that fit weddings, daily wear, or special occasions. It's this mix of trust from a listed parent company and fresh appeal that's got investors excited.
PNGS Reva Diamond Jewellery IPO Date Explained
The PNGS Reva Diamond Jewellery IPO date is right now – it kicked off today, February 24, 2026, and runs through February 26, 2026. Allotment wraps up on February 27, with shares hitting your demat by March 2, and listing on BSE and NSE on March 4, 2026.
Why does the date matter? IPO windows are short for a reason – it builds hype and lets underwriters gauge demand. If you're reading this on day one, you've got three days to decide. Don't sleep on it; popular IPOs fill up fast.
This timing aligns perfectly with wedding season tailwinds in India, where diamond demand shines bright.
PNGS Reva Diamond Jewellery IPO Price Breakdown
Let's talk PNGS Reva Diamond Jewellery IPO price: the band is ₹367 to ₹386 per share, with a face value of ₹10. For retail folks like you and me, the minimum lot is 32 shares, costing about ₹12,352 at the top end.
Small NII needs 17 lots (₹2.1 lakh), big NII 81 lots (₹10 lakh). It's book-built, so the final price depends on bids. At ₹386 upper, the market cap post-IPO hits around ₹1,224 crore.
Think of the price band like negotiating at a jewelery shop – bid smart to get the best deal. Peers trade at varying P/E, making this around 11x-21x post-issue.
How to Apply for the IPO Step-by-Step
Applying is easier than picking a ring size. Step 1: Log into your broker app (Zerodha, Upstox, etc.). Step 2: Find the IPO section and select PNGS Reva. Step 3: Choose lots, price (cut-off for retail), and UPI ID.
Step 4: Approve the UPI mandate. That's it – funds block via ASBA, unblock if no allotment. Check status on registrar Bigshare's site post-allotment.
Pro tip: Apply early to avoid tech glitches on the last day. Retail quota is 10%, so act fast.
Company Background and Brand Story
Born from P.N. Gadgil & Sons – a listed giant with over ₹10,000 crore market cap – Reva launched in February 2025 as an affordable diamond brand. They use FOCO/FOFO/COCO models, mostly shop-in-shops in parent stores.
Govind and Renu Gadgil lead, holding 87.45% pre-IPO. From solitaires to mangalsutras, Reva's zero making charges promos draw crowds. It's like the cool younger sibling riding the family name to stardom.
Expansion to 15 exclusive stores post-IPO marks their big leap.
Financial Performance at a Glance
Reva's numbers dazzle: FY25 revenue ₹258.2 crore (up 32% YoY), PAT ₹59.5 crore (up 40%). H1 FY26 revenue already ₹156.7-157 crore, PAT ₹20.13 crore.
EBITDA margin hovered 30-41%, PAT margin 23% FY25, dipping to 12.85% in H1 due to scaling. ROE 165.9% FY25, debt/equity 0.9-1.1. Strong festive push shows momentum.
Fiscal Year | Revenue (₹ Cr) | PAT (₹ Cr) | EBITDA Margin |
FY23 | 199.35 | 51.75 | ~34% |
FY24 | 196.24 | 42.41 | 28.7% |
FY25 | 258.2-259 | 59.5 | 30.8-41.8% |
H1 FY26 | 157 | 20.13 | 19.65% |
IPO Funds: Where the Money Goes
The ₹380 crore fresh issue breaks down smartly: ₹286.5 crore for 15 new stores in Tier-1/2 cities, ₹35.4 crore for Reva marketing, rest corporate.
This funds the shift from shop-in-shops to branded retail, boosting visibility. No OFS means all cash to growth.
Grey Market Premium (GMP) Insights
GMP as of Feb 21-23 is ₹16-₹35, hinting listing at ₹402-₹421 (4-9% gain over ₹386).
Day 1 sub was 3% early, so watch it climb. GMP's like street gossip – useful but not guaranteed.
Subscription Status and What It Means
On day 1 (today), it's at ~3% till noon, with QIB leading typically later. Full sub data by evening on NSE/BSE sites.
High sub means strong demand, potential price pop. Retail hit 10% quota? You're in lottery mode.
Risks You Should Know About
Jewellery's tricky: gold/diamond volatility, 97% Maharashtra reliance, expansion execution risks. Margins may dip with new stores, competition from Tanishq/Senco fierce.
No dividends yet, promoter ties key. Ask yourself: can they scale nationally?
Stock Market Coaching for IPO Newbies
Stock market coaching tip: Treat IPOs like dating – research, don't chase hype. Analyze financials, GMP, sector (jewellery's booming 20-30%).
Use tools like Chittorgarh for alerts. Diversify, bid cut-off as retail. Coaches teach: long-term hold if growth solid, like Reva's store plan. Practice paper trading first!
Why Invest in Jewellery Sector IPOs?
India's wedding boom and premiumisation make jewellery hot – rising incomes mean more diamond buys. Reva's affordable edge fits perfectly.
P/E peers 7-47x; Reva's growth justifies bet. But cycle-sensitive, so time right.
Listing Date and What to Expect
March 4, 2026 listing – expect 5-10% pop if GMP holds, but volatility day one. Sell or hold? Coaching says check expansion execution.
Competitors in the Diamond Game
Tanishq, PC Jeweller, Senco Gold – high-end vs Reva's mass premium. Reva wins on price, parent trust; peers have scale edge.
Competitor | P/E | Focus |
TBZ | ~7x | Luxury |
Thangamayil | ~47x | Regional |
Senco | ~12x | East India |
Final Thoughts Before You Bid
PNGS Reva's IPO blends shine and substance – apply if you like growth stories. Chat with a coach, bid wisely. Ready to sparkle?
FAQs
What is the exact PNGS Reva Diamond Jewellery IPO date?
It opens February 24, 2026, and closes February 26, 2026.
What is the PNGS Reva Diamond Jewellery IPO price band?
₹367 to ₹386 per share, minimum ₹12,352 for retail.
Should I apply for this IPO as a beginner?
Yes, with stock market coaching basics – check financials and GMP first.
What is the expected GMP today?
Around ₹16-₹35, signaling 4-9% listing gain.
How will the IPO proceeds be used?
Mainly for 15 new stores (₹286 Cr) and marketing (₹35 Cr).
