PNGS Reva Diamond Jewellery IPO Listing Report

Key Highlights

PNGS Reva Diamond Jewellery share price jumped 16.54% from its listing price to a high of ₹433.55 apiece on the BSE.
The company's market valuation stood at over ₹1,300 crore.
The IPO was subscribed 1.23 times on the final day of bidding on Thursday last week.
The IPO was entirely a fresh issue of equity shares with no offer-for-sale component.

IPO Listing Details

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PNGS Reva Diamond Jewellery IPO listing date was 4 March 2026.
The shares were listed on both the stock exchanges, BSE and NSE.
The IPO listing price on the BSE was ₹372 per share, a discount of 3.63% to its issue price of ₹386 per share.
On the NSE, the stock was listed with a 2.85% discount at ₹375 per share.

The Indian stock market tumbled due to the conflict in West Asia, with the 30-share BSE Sensex quoting 1,445.88 points down at 78,792.97 in morning trade.
The 50-share NSE Nifty tanked 461.40 points to 24,400.25.

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PNGS Reva Diamond Jewellery plans to utilise the proceeds of the public issue for setting up 15 new stores by fiscal year 2028, marketing and promotional expenses related to the launch of these new stores, and general corporate purposes.
The company has demonstrated consistent revenue growth along with improving profitability on a year-on-year basis.
The IPO valuation seems justified considering its superior EBITDA margins and stronger operating metrics compared to industry peers.

At 3:25 PM, PNGS Reva Diamond Jewellery share price was trading at ₹398.00 apiece on the BSE, up by 6.99% from its listing price, and up 3.11% from its issue price.