PNGS Reva Diamond Jewellery IPO allotment today. Check status, GMP and other details

PNGS Reva Diamond Jewellery is set to finalise allotment of its Rs 380 crore IPO on February 27, with shares scheduled to list on BSE and NSE on March 4. The grey market premium is currently in the negative, indicating that the shares are trading could list around the issue price or even below.

The IPO, which closed on February 26, was subscribed 1.30 times overall. The retail portion was subscribed 1.37 times, while the NII category saw subscription of 1.62 times. The QIB segment was subscribed 1.10 times. The employee portion was subscribed 7.08 times.

The entire issue comprised a fresh issue of 98.44 lakh shares aggregating to Rs 380 crore. Ahead of the public issue, the company raised Rs 171 crore from anchor investors.

How to check Shree Ram Twistex IPO allotment status

Investors can check the allotment status online once it is finalised.

To check via Bigshare Services:

Visit Bigshare Services Allotment page: https://ipo.bigshareonline.com/ipo_status.html

Select PNGS Reva Diamond Jewellery IPO

Enter your PAN, application number, or DP/Client ID to check the allotment.

On NSE Website

Visit NSE Allotment page: https://www.nseindia.com/invest/check-ipo-allotment

Select Equity

Choose PNGS Reva Diamond Jewellery

Enter your PAN or application number.

Listing outlook

With overall subscription just above 1 time and GMP negative, listing gains appear limited at this stage. Moderate retail and NII participation suggests measured investor interest, but the absence of premium in the grey market points to a potential listing around the issue price unless broader market sentiment improves.

Company background

PNGS Reva Diamond Jewellery operates under the brand Reva and offers diamond-studded jewellery in gold and platinum. As of September 30, 2025, the company had 34 stores across 25 cities in Maharashtra, Gujarat and Karnataka under FOCO, FOFO and COCO models.

For FY25, the company reported total income of Rs 259.11 crore and PAT of Rs 59.47 crore. EBITDA stood at Rs 79.61 crore, translating into an EBITDA margin of 41.81%. Given moderate subscription levels and neutral GMP, market participants will watch whether demand strengthens on listing day or whether the stock debuts near the issue price in line with current sentiment.