Who is the CEO of PNGS Reva Diamond Jewellery Ltd?
- Answer Field
-
Amit Yeshwant Modak is the Whole Time Director and CEO of PNGS Reva Diamond Jewellery Ltd.
PNGS Reva Diamond Jewellery Limited operates in the organised jewellery retail segment, offering diamond-studded and precious metal jewellery under the “Reva” brand. This summary outlines the key details of the IPO, including the issue timeline, pricing, and structure. The public issue is scheduled to open on February 24, 2026, and close on February 26, 2026, comprising 98,44,559 shares aggregating up to ₹380 crore at a price band of ₹367 to ₹386 per share with a minimum lot size of 32 shares.
PNGS Reva Diamond Jewellery operates in the organised jewellery retail segment with a focus on diamond-studded products and jewellery crafted using precious and semi-precious stones set in gold and platinum. Its portfolio spans categories such as rings, earrings, necklaces, and other occasion-led products, supported by design inputs and curated sourcing. The company markets its products under the “Reva” brand and maintains a retail presence across multiple cities through exclusive outlets and shop-in-shop formats, enabling access to established customer traffic while maintaining brand visibility.
To apply for the IPO, investors can submit a bid through the ASBA facility using their bank account or through a registered trading platform. After selecting the IPO from the active issues list, applicants enter the bid quantity within the permitted range and confirm the application, following which the amount remains blocked in the bank account until allotment is finalised. Upon completion of the process, shares, if allotted, are credited to the demat account and any remaining funds are released as per the issue timeline, outlining the standard mechanism for participating in a public offer.
For more details, visit the PNGS Reva Diamond Jewellery Limited IPO page.
Details | Information |
IPO Date | Feb 24, 2026 to Feb 26, 2026 |
Issue Size | 98,44,559 shares (agg. up to ₹380 Cr) |
Price Band | ₹367 to ₹386 per share |
Lot Size | 32 shares |
Listing At | NSE, BSE |
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 the flagship brand, “Reva”, in their respective areas
General corporate purposes
Event | Date |
IPO Open Date | Tue, Feb 24, 2026 |
IPO Close Date | Thu, Feb 26, 2026 |
Tentative Allotment | Fri, Feb 27, 2026 |
Initiation of Refunds | Mon, Mar 2, 2026 |
Credit of Shares to Demat | Mon, Mar 2, 2026 |
Tentative Listing Date | Wed, Mar 4, 2026 |
Cut-off time for UPI mandate confirmation | 5 PM on Thu, Feb 26, 2026 |
₹367 to ₹386 per share
Application | Lots | Shares | Amount |
Retail (Min) | 1 | 32 | ₹12,352 |
Retail (Max) | 16 | 512 | ₹1,97,632 |
S-HNI (Min) | 17 | 544 | ₹2,09,984 |
S-HNI (Max) | 80 | 2,560 | ₹9,88,160 |
B-HNI (Min) | 81 | 2,592 | ₹10,00,512 |
The PNGS Reva Diamond Jewellery Limited IPO application process can be completed online through your trading platform. Below is a step-by-step guide to applying for the IPO:
Access your trading account using the broker's app or website.
Go to the IPO section to view active IPO listings.
Locate PNGS Reva Diamond Jewellery Limited IPO in the list of available IPOs and click the ‘Apply’ button.
Specify the number of shares (lot size: 32 shares) within the price band of ₹367 to ₹386 per share.
Enter your UPI ID for payment authorisation and ensure sufficient funds in your bank account.
Review your application details and confirm the UPI mandate before 5 PM on the last application day.
Submit the application and monitor the allotment status to check if shares have been allocated to you.
The allocation of shares in the PNGS Reva Diamond Jewellery IPO is structured across investor categories in line with applicable regulatory requirements. The issue provides defined reservations for qualified institutional buyers, non-institutional investors, and retail individual investors, with each category allotted a specified proportion of the net issue. This allocation framework outlines how the shares offered are distributed among different classes of investors.
Investor Category | Shares Offered |
QIB Shares Offered | Not less than 75% of the Net Issue |
Retail Shares Offered | Not more than 10% of the Net Issue |
NII Shares Offered | Not more than 15% of the Net Issue |
This reservation structure reflects the categorisation and allocation approach disclosed for the issue, indicating the proportion of shares available to each investor segment.
Total Assets: Grew from ₹123.93 crore in FY23 to ₹352.70 crore as of Sept 2025.
Total income: Recorded at ₹157.12 crore in Sept 2025, as compared to ₹199.35 crore in FY23.
Profit After Tax (PAT): Reported at ₹20.13 crore in Sept 2025, and ₹51.75 crore in FY23.
Net Worth: Recorded at ₹120.31 crore in Sept 2025 in comparison to ₹-52.02 crore in FY23.
Reserves and surplus: Stood at ₹98.44 crore in Sept 2025, as compared to ₹-60.74 crore in FY23.
EBITDA: Stood at ₹30.79 crore in Sept 2025 in comparison to ₹68.73 crore in FY23.
The company’s asset base expanded over the reviewed period, indicating an increase in the scale of operations and resource deployment.
Income trends reflect variations across reporting periods, suggesting changes in revenue generation during the latest financial timeframe.
Profitability remained positive in the recent period, though lower compared with the earlier financial year, indicating a shift in earnings performance.
Net worth moved into a positive position, reflecting an improvement in the overall financial standing compared with the previous year.
Reserves and surplus also transitioned to a positive balance, highlighting strengthening internal accruals.
Operating performance, as reflected in earnings before interest, tax, depreciation, and amortisation, showed moderation relative to the earlier period.
Overall, the financial profile indicates changes in scale, capital structure, and profitability across the reported periods.
Income patterns have shown variation across reporting periods, indicating fluctuations in revenue generation and operating performance.
Profitability levels in the recent period were lower compared with the earlier financial year, reflecting changes in earnings trends and cost dynamics.
The proposed utilisation of issue proceeds for setting up additional stores indicates a plan to expand the retail network and geographic presence.
Focus on marketing and brand visibility initiatives for new locations may support customer outreach and strengthen presence in the organised jewellery segment.
KPI | Sept 30, 2025 | Mar 31, 2025 |
ROE | 18.3% | 165.9% |
ROCE | 25.2% | 79.8% |
Debt/Equity | 1.10 | 0.90 |
RoNW | 16.73% | 59.36% |
PAT Margin | 12.85% | 23.04% |
EBITDA Margin | 19.65% | 41.81% |
Price to Book Value | 8.42 |
Registrar | Lead Manager(s) |
Bigshare Services Pvt.Ltd. | Smart Horizon Capital Advisors Pvt.Ltd. |
PNGS Reva Diamond Jewellery Ltd.
Abhiruchi Mall,
59/1 C,
Sinhgad Road, Wadgaon Budruk,
Pune, Maharashtra, 411041
Phone: +91 020-29980704
Email: investor@revabypng.com
Website: https://www.revabypng.com/
PNGS Reva Diamond Jewellery Limited operates in the organised jewellery retail segment, offering diamond-studded and precious metal jewellery under the “Reva” brand. Incorporated in 2004, the company has built a multi-city retail presence through a combination of exclusive outlets and shop-in-shop formats, supported by in-house design capabilities and sourcing partnerships. Its product portfolio spans rings, earrings, necklaces, and other occasion-led jewellery categories, positioned across various price points. The proposed public issue outlines the company’s business profile, operating structure, and intended utilisation of proceeds, including expansion of its retail network and related expenditure.
The public issue outlines the company’s business profile, operating model, and planned use of proceeds, including store expansion and related expenses. Key issue parameters such as the subscription window, price band, and lot size define the framework for participation, while the application process explains the operational steps involved in submitting a bid through ASBA or trading platforms.
Interested in more opportunities? Check out our Upcoming IPO section for new listings and don’t forget to check your PNGS Reva Diamond Jewellery IPO allotment status.
No result found
Amit Yeshwant Modak is the Whole Time Director and CEO of PNGS Reva Diamond Jewellery Ltd.
The IPO is scheduled to open for subscription on February 24, 2026, and close on February 26, 2026, as per the disclosed issue timeline.
The company operates in the organised jewellery retail segment, offering diamond-studded and precious metal jewellery under the “Reva” brand through multiple retail formats. Its business model combines in-house design inputs with sourcing from manufacturers and karigars, supported by a multi-city retail presence. Long-term sustainability depends on factors such as consumer demand, cost structures, and operational execution, as outlined in the offer document.
The issue comprises 98,44,559 shares, aggregating to up to ₹380 crore, according to the disclosed issue details.
The ‘pre-apply’ facility allows investors to submit their application details before the issue opens. The bid is processed once the subscription window begins and the mandate is authorised, subject to applicable procedures.
The minimum application lot is 32 shares, which represents the minimum quantity that can be applied for under the retail category within the specified price band.
The basis of allotment is scheduled to be finalised on February 27, 2026, as per the issue timetable.
The registrar to the issue is Bigshare Services Pvt. Ltd., responsible for processing applications and allotment records.
There are no publicly stated governance issues or red flags highlighted. Investors may review the offer documents, including sections on management, board composition, and risk factors, for detailed and verified disclosures.
Investors can apply through the ASBA facility via their bank or through a registered trading platform by selecting the IPO, entering bid details within the price band, and confirming the mandate. The application amount remains blocked until the allotment process is completed.
Yes, a valid demat account is required to receive shares in electronic form if allotment is made, as per the standard IPO application process.
Applicants can check the allotment status through the registrar’s website or their trading platform. If shares are allotted, they are credited to the demat account, and unallotted funds are released according to the issue timeline.
Disclaimer :
Investments in the securities market are subject to market risk, read all related documents carefully before investing. This content is for educational purposes only. Securities quoted are exemplary and not recommendatory.
The information on this website is provided on "AS IS" basis. Bajaj Broking (BFSL) does not warrant the accuracy of the information given herein, either expressly or impliedly, for any particular purpose and expressly disclaims any warranties of merchantability or suitability for any particular purpose. While BFSL strives to ensure accuracy, it does not guarantee the completeness, reliability, or timeliness of the information. Users are advised to independently verify details and stay updated with any changes. The securities are quoted as an example and not as a recommendation. Past performance is not necessarily a guide to future performance.
The information provided on this website is for general informational purposes only and is subject to change without prior notice. BFSL shall not be responsible for any consequences arising from reliance on the information provided herein and shall not be held responsible for all or any actions that may subsequently result in any loss, damage and or liability. Interest rates, fees, and charges etc., are revised from time to time, for the latest details please refer to our Pricing page.
Neither the information, nor any opinion contained in this website constitutes a solicitation or offer by BFSL or its affiliates to buy or sell any securities, futures, options or other financial instruments or provide any investment advice or service.
BFSL is acting as distributor for non-broking products/ services such as IPO, Mutual Fund, Insurance, PMS, and NPS. These are not Exchange Traded Products. For more details on risk factors, terms and conditions please read the sales brochure carefully before investing.
Content Partner - Dalal Street Investment Journal Wealth Advisory Private Limited
This article is for educational purposes only and should not be considered investment advice. Market investments are subject to risks. DSIJ Wealth Advisory Private Limited is a SEBI-registered Research Analyst (Reg. No: INH000006396) and Investment Adviser (Reg. No: INA000001142). Please consult your financial adviser before investing.
For more disclaimer, check here : https://www.bajajbroking.in/disclaimer
Level up your stock market experience: Download the Bajaj Broking App for effortless investing and trading