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Markets

PNGS Reva Diamond Lists At Discount To IPO Price

PNGS Reva Diamond Jewellery had a weak market debut, opening at a price lower than its IPO price. On the NSE, shares opened at ₹375, a discount of 2.85%, while on the BSE, they opened at ₹372, down 3.6%. The IPO was subscribed 1.23 times overall, with varying rates across investor categories.

PNGS Reva Diamond Lists At Discount To IPO Price

Credit: Livemint

Key Highlights

  • PNGS Reva Diamond opened at ₹375 on NSE and ₹372 on BSE.
  • The opening prices reflect discounts of 2.85% and 3.6% respectively.
  • The IPO was subscribed 1.23 times overall.
  • Non-institutional investor subscriptions were 1.54 times.
  • Retail Individual Investors (RIIs) subscribed 1.29 times.
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Sources

  1. PNGS Reva Diamond Lists At Discount To IPO Price
  2. PNGS Reva Diamond Jewellery share price makes a weak debut, opens with 2.85% discount at ₹375 on NSE

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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