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PNGS Reva Diamond Jewellery IPO: 10 Essential Facts Before Bidding on Rs 380-Crore Issue Starting Feb 24
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PNGS Reva Diamond Jewellery IPO Opens Feb 24: 10 Key Things to Know
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Moneycontrol
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23-02-2026, 16:33
PNGS Reva Diamond Jewellery IPO Opens Feb 24: 10 Key Things to Know
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PNGS Reva Diamond Jewellery IPO opens for public subscription on February 24, closing on February 26.
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The price band for the Rs 380-crore IPO is fixed at Rs 367 to Rs 386 per share.
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Proceeds will fund 15 new stores by FY28, marketing for the 'Reva' brand, and general corporate purposes.
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The company, a retail-focused diamond jewellery brand, had 33 stores across 25 cities as of March 31, 2025.
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Analysts assign a 'Neutral' rating, noting high PAT margins but highlighting dependence on promoters as a risk.
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