PNGS Reva Diamond Jewellery Limited
ListedMainboardConsumer Discretionary · NSE / BSE
PNGS, short for P N Gadgil & Sons, was incorporated in 2004 and operates in the jewellery business. The company offers a wide range of jewellery made with diamonds, precious and semi-precious stones set in gold and platinum. In February 2025, it launched a new diamond-focused sub-brand called Reva, which provides stylish and affordable diamond jewellery starting from ₹10,000. The Reva collection includes modern, customizable pure diamond designs and was introduced just before Valentine’s Day 2025 with special offers like no making charges to attract customers. As of March 31, 2025, PNGS operates 33 stores across 25 cities in Maharashtra, Gujarat, and Karnataka, covering a total area of 599.15 running feet. Its product range includes diamond rings, earrings, bracelets, pendant sets, and necklace sets, all made in hallmarked gold.
Price Band
₹367 – ₹386
Issue Size
₹984.46 L Cr
Lot Size
32 shares
GMP
₹15
-3.9%
Est. Listing
₹371
at current GMP
Subscribed
1.30x
overall
Open
24 Feb 2026
Close
26 Feb 2026
Allotment
27 Feb 2026
Refund
28 Feb 2026
Demat Credit
1 Mar 2026
Listing
4 Mar 2026
Last updated 7 months ago
Live Grey Market Premium
PNGS Reva Diamond Jewellery Limited GMP Today
Last updated: 4 Mar 2026
Current Premium
₹-15-3.9%
Issue Price (Upper)
₹386
Band: ₹367 – ₹386
Estimated Listing Price
₹371
Upper price + GMP
Lot Size
32 shares
Min investment ₹12,352
Estimated Profit / Lot
₹0
32 × ₹-15
PNGS Reva Diamond Jewellery Limited GMP Historical Trend
GMP History
Grey Market Premium trend
-₹15
▲ 0 today
Updated 1 minute ago
Estimated Listing Price
| Date | GMP (₹) | GMP % | Est. Listing |
|---|---|---|---|
| 27 Sep 2026 | -₹15 | -3.9% | ₹371 |
| 26 Sep 2026 | -₹15 | -3.9% | ₹371 |
| 25 Sep 2026 | — | -3.5% | ₹373 |
GMP is unofficial market data. Not a guarantee of listing performance.
About PNGS Reva Diamond Jewellery Limited Public Issue & Market Profile
PNGS Reva Diamond Jewellery Limited is bringing an initial public offering (IPO) in the Consumer Discretionary sector with an aggregate issue size of ₹98,44,559 Crores. The shares are offered at a price band of ₹367 to ₹386 per equity share on NSE and BSE. Currently, traders and retail applicants are calculating expected listing gains and break-even points based on unofficial grey market quotations.
Public Issue & Pricing Context:
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 32 shares (approx. ₹12,352 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.
Basis of Allotment & Listing Timeline:
Allotment reconciliation will be managed by Bigshare Services Private Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2026-03-01, while un-allotted funds or UPI block mandates will be released on 2026-02-28.
Frequently Asked Questions
What is PNGS Reva Diamond Jewellery Limited IPO GMP today?
The latest grey market premium for PNGS Reva Diamond Jewellery Limited IPO is ₹-15, which indicates an expected listing price of ₹371.
What does Kostak Rate and Sauda mean in IPO GMP?
Kostak rate is the profit amount an investor earns by selling their entire IPO application in the grey market before allotment is finalized.
Is Grey Market Premium officially recognized?
No. GMP is an unofficial indicator discovered between dealers outside of SEBI-regulated exchanges. Actual listing price is determined by demand-supply discovery on NSE/BSE during the pre-open auction.