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PNGS Reva Diamond IPO

₹367 – ₹367 · Issue Size ₹380 Cr

IPO Overview

StatusClosed
Price Band₹367 – ₹367
Issue Size₹380 Cr
Lot Size32 shares
Min Investment₹12,352
Face Value₹10
Issue Structure
Fresh Issue₹380 Cr
Offer for Sale
Total Size₹380 Cr

Business Model

Competitive Advantages
  • Our brand value and the legacy of our Promoters contribute to our market position, customer trust, and operational
  • The value of the "Reva" brand, along with the legacy, industry knowledge, and relationships of our Promoters, plays
  • Gadgil & Sons Limited. This legacy has enabled us to build brand recognition and customer loyalty. Over time, Reva
  • Our Corporate Promoter P. N. Gadgil & Sons Limited brings more than 190 years of experience (Source: CARE Report

IPO Timeline

Open Date24 Feb 2026
Close Date26 Feb 2026
Allotment27 Feb 2026
Refund2 Mar 2026
Credit to Demat2 Mar 2026
Listing Date4 Mar 2026

Objects of the Issue

The Net Proceeds are proposed to be used in accordance with the details provided in the following table: Sr No Particulars Total estimated amount / expenditure 1. Funding expenditure towards setting-up of 15 New Stores 2,865.64 2. Marketing and promotional expenses related to the launch of the 15 New Stores, aimed at enhancing local brand awareness and visibility of our flagship brand, "Reva", in their respective areas 354.00 3.

Strengths & Weaknesses

Strengths

  • Our brand value and the legacy of our Promoters contribute to our market position, customer trust, and operational
  • The value of the "Reva" brand, along with the legacy, industry knowledge, and relationships of our Promoters, plays
  • Gadgil & Sons Limited. This legacy has enabled us to build brand recognition and customer loyalty. Over time, Reva
  • Our Corporate Promoter P. N. Gadgil & Sons Limited brings more than 190 years of experience (Source: CARE Report

Management & Promoters

G
Govind Vishwanath GadgilChairman and Non-Executive Director
A
Amit Yeshwant ModakWhole-time Director
A
Aditya Amit ModakNon-executive Director
R
Ravindra Kamalakar LaleIndependent Director
I
Indian CompaniesIndependent Director
R
Ranjeet Sadashiv NatuIndependent Director
A
Aparna Prasad PurohitIndependent Director
E
Equilibrium Services India PrivateDirector

Shareholding Pattern

Pre-IPO
Category%
Promoters3%
Public4%
Promoters6%
Promoters83.04%
Public5%

Peer Comparison

CompanyP/EEPS
PNGS Reva Diamond IPO
Dated February10.0x
(Please read Section of the Companies Act )32.0x
Tuesday February24.0x

Pre-IPO Financials

PeriodRevenue (Cr)PAT (Cr)Net Worth (Cr)Total Assets (Cr)
September 2025₹1.1 Cr₹0.3 Cr₹1 Cr
March 2025
March 2024
March 2023

About

PNGS (P. N. Gadgil & Sons) Reva Diamond Jewellery, incorporated in 2004, operates in the jewellery business. The company is engaged in selling a wide range of jewellery crafted from diamonds and precious and semi-precious stone jewellery set in gold and platinum. To offer affordable yet stylish diamond jewellery, they also launched a diamond-focused sub-brand, Reva, in February 2025. Its product portfolio consists of Diamond rings, diamond earrings, Diamond bracelets, Diamond sets, and Diamond n

Industry Overview

Key Regulations and Policies in India", "Financial Information", "Outstanding Litigation and Material Developments" and "Terms of the Articles of Association", beginning on pages 156, 162, 235, 269, 356 and 419, respectively, will have the meaning ascribed to such terms in those respective sections. General Terms Term Description Our Company/ the Company/ the Issuer PNGS Reva Diamond Jewellery Limited, a public limited company 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 d

ExchangeNSE
Issue Typemainboard
Face Value10 per share

Documents

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