BSE List Price : ₹372.00

NSE List Price : ₹375.00

subscription

Category	Times
QIBs	1.01x
HNIs	1.62x
Retail	1.35x
Total : 1.03x

IPO Market Lot(s) Distribution

Application	Lot Size	Shares	Amount
Retail Minimum	1	32	₹12,352
Retail Maximum	16	512	₹197,632
S-HNI Minimum	17	544	₹209,984
S-HNI Maximum	80	2,560	₹988,160
B-HNI Minimum	81	2,592	₹1,000,512

About the Company

PNGS (P. N. Gadgil & Sons) Reva Diamond Jewellery, established in 2004, is involved in the jewellery retail sector. The Company offers an extensive range of jewellery made with diamonds, as well as precious and semi-precious stones set in gold and platinum. To provide fashionable yet reasonably priced diamond jewellery, it introduced a diamond-centric sub-brand, Reva, in February 2025.

Its product range includes diamond rings, earrings, bracelets, jewellery sets, and diamond necklace sets. The Company launched the Reva collection ahead of Valentine’s Day 2025 to benefit from festive demand and attract customers seeking gifting options. The Reva collection features contemporary designs with genuine diamonds, with prices starting from ?10,000. As of March 31, 2025, the Company operates a total of 33 stores across 25 cities.

Company Financial Report

_{Amount ₹ in Crores}

Period Ended	Revenue	Expense	PAT	Assets
2023	₹199.35	₹130.17	₹51.75	₹123.93
2024	₹196.24	₹139.56	₹42.40	₹158.33
2025	₹259.11	₹179.90	₹59.81	₹226.84
Sep 2025	₹157.12	₹130.30	₹20.13	₹352.70

Company Promoter

P.N. Gadgil & Sons Limited

Govind Vishwanath Gadgil

Renu Govind Gadgil

Know before investing

• • Strengths

  Well-established brand heritage supported by experienced promoters, strengthening customer confidence and credibility.

  Strong presence in Western India, especially in Tier-1, Tier-2, and Tier-3 cities, helping build deep local brand loyalty and market strength.

• • Risks

  Significant regional concentration risk, as around 97% of the Company’s revenue comes from Maharashtra, making its business sensitive to any adverse developments in that region.

  Dependence on promoter brand reputation, where any negative impact on the promoter’s image could reduce customer footfall and affect revenue performance.

Objects of the Issue & Utilisation of proceeds

Funding expenditure towards setting-up of 15 New Stores.
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.
General Corporate Purpose.

Company  Address

PNGS Reva Diamond Jewellery Limited.
Abhiruchi Mall, 59/1 C, Sinhgad Road,
Wadgaon Budruk,
Pune – 411041,
Maharashtra, India
E-mail: investor@revabypng.com
Phone: +91 020-29980704
Website: https://www.revabypng.com/

IPO Registrar

Bigshare Services Pvt. Ltd.
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/IPO_Status.html

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