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PNGS Reva Diamond Jewellery IPO Day 1 LIVE: Issue booked 38% so far — Check GMP, review and other details

The initial public offering (IPO) of PNGS Reva Diamond Jewellery commenced on February 24 and will close on February 26, aiming to raise ₹380 crore through a fresh issue of equity shares. The price band has been set between ₹368 and ₹386 per share, with a grey market premium of ₹17 suggesting a potential listing gain of around 4%. The IPO has already garnered a 38% subscription on its first day.

PNGS Reva Diamond Jewellery IPO Day 1 LIVE: Issue booked 38% so far — Check GMP, review and other details

Credit: Livemint

Key Highlights

  • PNGS Reva Diamond Jewellery IPO launched on February 24 and will close on February 26.
  • The IPO aims to raise ₹380 crore through a fresh issue of equity shares.
  • Price band for the shares is set at ₹368 to ₹386 each.
  • The grey market premium for the shares is ₹17, indicating a potential listing gain.
  • The IPO has received 38% subscription on its opening day.
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Sources

  1. PNGS Reva Diamond Jewellery IPO Day 1 LIVE: Issue booked 38% so far — Check GMP, review and other details
  2. PNGS Reva Diamond Jewellery IPO opens: GMP, subscription status to review. Apply or not?

This quick summary is automatically generated using AI based on reports from multiple news sources. The content has not been reviewed or verified by humans. For complete details, accuracy, and context, please refer to the original published articles.

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