PNGS Reva Diamond Jewellery IPO Review
PNGS Reva Diamond Jewellery Limited, a company that offers wide-range of jewellery types, styles, and designs to cover diverse needs, is planning to raise ₹380 crore through an Initial Public Offering.
[Fresh Issue ₹380 Cr + OFS NIL]
Pngs reva diamond jewellery ipo price band is ₹367 – ₹386 per share.
PNGS Reva Diamond: History
The Company was originally formed as a partnership firm in the name of Gadgil Metals and Commodities, under the Indian Partnership Act, 1932, on July 26, 2004.
It was then converted into a public limited company under the Companies Act, 2013 .
Its name was subsequently changed to PNGS Reva Diamond Jewellery Limited under a fresh certificate of incorporation issued by the Registrar of Companies on 20 December 2024.
ALSO READ – Clean Max Enviro Energy IPO Review
PNGS Reva Diamond: Business
PNGS Reva Diamond Jewellery Ltd is a retail-focused jewellery brand involved in the business of selling a wide range of jewellery.
The Company uses diamonds and precious (semi-precious) stones, which are studded into precious metals such as gold and platinum.
PNGS offers a wide range of products that cater to diverse customer segments and occasions, including
- Rings,
- Earrings,
- Bangles,
- Bracelets,
- Chains,
- Mangalsutra,
- Necklaces,
- Nose Rings,
- Pendants, and
- Solitaires.
All products of the company are offered under the brand name, REVA.
Key Competitors
According to the CARE Report, key competitors of PNGL include Bluestone Jewellery and Lifestyle, Caratlane Trading, Orra Fine Jewellery, Senco Gold, and Thangamayil Jewellery, as well as craftsmen and local jewellers.
Network
As of March 31,2025, the company had 33 Stores across 25 cities in the states of Gujarat, Maharashtra, and Karnataka, aggregating to an area of 599.15 Running Feet.
These stores are divided into two categories, namely,
- Franchise Owned And Company Operated (FOCO) and
- Franchise Owned And Franchise Operated (FOFO).
LAST ARTICLE – Shree Ram Twistex IPO Review
Strategies Ahead
- Open brand-exclusive stores (New Stores) to strengthen market position, drive revenue growth, and deliver value to stakeholders.
- Marketing flagship brand “Reva” and increasing promotional activities,
- Focus on increasing revenue and the number of bills from existing stores,
- Focusing on digital marketing to solidify position in the online space
- Driving growth in both client acquisition and sales.
Company Promoters
- P. N. Gadgil & Sons Limited,
- Govind Vishwanath Gadgil,
- Renu Govind Gadgil.
Check PNGS Reva Diamond Jewellery Limited DRHP for detailed information.
IPO Details
ipo date: 24 Feb – 26 Feb 2026
Minimum Amount: ₹12,352
Minimum Bid: 32 Shares
Face Value: ₹10
Listing On: NSE, BSE
Financial
Book Running Lead Manager
Smart Horizon Capital Advisors
CONCLUSION
FinBlab recommends ‘MAY SUBSCRIBE‘ ratings on PNGS Reva Diamond Jewellery Limited IPO.
Do come back to know more about “upcoming ipos“
Disclaimer: The contents and data presented here are just for your information & personal use only. While much effort is made to provide the information, I (Vishal Dalwadi) or “FinBlab” do not guarantee the accuracy, correctness, completeness or reliability of any information or data displayed herein and shall not be held responsible.
