PNGS Reva IPO
Jewellery Retail - Listed on 04 March 2026
PNGS Reva IPO listing summary
PNGS Reva (Jewellery Retail) closed its IPO window in 2026 and listed on NSE and BSE on 04 March 2026 at an upper band issue price of Rs 386, opening at Rs 375 for a listing gain of -2.9% and closing day one at Rs 411.7 (+6.7% on closing basis). The IPO was subscribed 1.23x overall - QIB 1.04x, HNI/NII 1.54x, Retail 1.29x. The total issue size was Rs 380 Cr (Fresh Issue Rs 380 Cr, OFS Rs 0 Cr). IPO GMP data, subscription trends across Day 1 - Day 3 and Nifty performance around the listing window are detailed below.
Listing day performance
Subscription breakdown
Final (Day 3) subscription
Number of times each investor category subscribed by close of Day 3.
Day-wise overall subscription
How overall subscription built up across the three-day issue window.
PNGS Reva IPO GMP history
Grey market premium (GMP) tracked day-by-day across the IPO window. Absolute GMP is the premium in rupees over the upper issue price; GMP % is that premium as a percent of the issue price.
| Day | GMP (Rs) | GMP % |
|---|---|---|
| Day 1 | Rs -2 | -0.52% |
| Day 2 | Rs -2 | -0.52% |
| Day 3 | Rs -2 | -0.52% |
| Day 4 | Rs -5 | -1.30% |
| Day 5 | Rs 8 | +2.07% |
GMP Prediction vs IPOGyani AI Prediction
Comparison between market-based GMP prediction and IPOGyani's AI-powered listing gain prediction.
Prediction Accuracy: 2.6 pp (Highly accurate)
Issue & financials
Market context at listing
How the broader market moved around the PNGS Reva IPO window. Helpful for isolating how much of the listing gain came from company fundamentals vs. market tailwind.
PNGS Reva IPO - FAQs
What was the listing gain of PNGS Reva IPO?
PNGS Reva IPO listed at -2.9% versus the upper issue price of Rs 386 on 04 March 2026.
How many times was PNGS Reva IPO subscribed?
PNGS Reva IPO was subscribed 1.23x overall. QIB portion was subscribed 1.04x, HNI / NII 1.54x and Retail 1.29x.
What was the IPO GMP for PNGS Reva?
IPO GMP started at Rs -2 on Day 1 and moved to Rs 8 by the close of the issue window. See the day-by-day GMP table above for the full trajectory.