The shares of PNGS Reva Diamond Jewellery Limited were first listed on the stock exchanges on 04 Mar 2026.
Price Band / Share
Issue Size
Min Investment
Times Subscribed
Lot size
Price Band / Share
Issue Size
Min Investment
Times Subscribed
Lot size
Initial public offering of 98,32,000 equity shares of face value of Rs.10 each (Equity Shares) of PNGS Reva Diamond Jewellery Limited (The Company or the Issuer) for cash at a price of Rs. 386 per equity share including a premium of Rs. 376 per equity share (the Issue Price) aggregating up to Rs.379.52 Crores (the Issue).The issue includes a reservation of up to 9,984 equity shares of face value Rs. 10 each, aggregating up to Rs. 0.39Crores ( Constituting 0.03 % of the post-issue paid-up equity share capital, for subscription by eligible employees (Employee Reservation Portion). The issue less the employee reservation portion is hereinafter referred to as the Net Issue. The issue and the net issue constitute 31.02 % and 30.99 %, respectively, of the post- issue paid-up equity share capital of the company.Price Band: Rs. 386 per equity share of face value of Rs. 10/- each.The floor price is 38.60 times of the face value of the equity shares.Bids can be made for a minimum of 32 equity shares and in multiples of 32 equity shares thereafter.
The shares of PNGS Reva Diamond Jewellery Limited were first listed on the stock exchanges on 04 Mar 2026.
The total issue size of the PNGS Reva Diamond Jewellery Limited IPO is 379.52
The minimum lot size for PNGS Reva Diamond Jewellery Limited public issue was 32.00 shares.
The price band of the IPO of PNGS Reva Diamond Jewellery Limited was 386.00 to 0.00 per equity shares.
Our Company was originally formed as a partnership firm under the name of Gadgil Metals and Commodities at Pune, under the Indian Partnership Act, 1932 pursuant to a partnership deed dated July 26, 2004 which was subsequently amended on December 9, 2015 and September 1, 2024 (collectively, the Partnership Deed). Subsequently, thepartnership firm was converted into a public limited company under the Companies Act, 2013 with the name PNGS Reva Diamond Jewellery Limited and a certificate of incorporation dated December 20, 2024 was issued by the Registrar of Companies, Central Registration Centre. Our Corporate Promoter, P.N. Gadgil & Sons Limited undertook a disinvestment via a slump sale of their diamond business in favour of our Company pursuant to a business transfer agreement dated January 31, 2025 (Business TransferAgreement) pursuant to which our Company has been involved in the business of retail diamond jewellery.
Bigshare Services Pvt Ltd is the registrar and share transfer agent of PNGS Reva Diamond Jewellery Limited IPO.