PNGS Reva Diamond Jewellery IPO Subscription Status
PNGS Reva Diamond Jewellery IPO closed on 26 February 2026 with an overall subscription of 1.30x based on shares applied. QIB demand came in at 1.10x, NII at 1.62x, and retail at 1.35x.
Allotment will be finalised on 27 February 2026. The stock is scheduled to list on NSE and BSE on 4 March 2026.
Issue Price
Rs 386.00
GMP Today
Rs -20.00 (-5.18%)
Overall Subscription
1.30x
Issue Size
₹380.00 Cr
Allotment Date
27 Feb 2026
Listing Date
4 Mar 2026
PNGS Reva Diamond Jewellery IPO Subscription by Amount
Category-wise subscription based on amount applied at issue price Rs 386.00
| Category | Amount Offered | Amount Applied | Subscription |
|---|---|---|---|
| QIB | Rs 114.13 Cr | Rs 125.15 Cr | 1.10x |
| FII | - | Rs 40.00 Cr | - |
| DFI | - | - | - |
| Mutual Funds | - | Rs 5.00 Cr | - |
| Other | - | Rs 80.16 Cr | - |
| NII | Rs 56.94 Cr | Rs 92.19 Cr | 1.62x |
| bNII (above Rs 10L) | Rs 37.96 Cr | Rs 64.77 Cr | 1.71x |
| Corporate | - | Rs 3.80 Cr | - |
| Individual | - | Rs 52.42 Cr | - |
| Other | - | Rs 8.55 Cr | - |
| sNII (Rs 2L to Rs 10L) | Rs 18.98 Cr | Rs 27.42 Cr | 1.44x |
| Corporate | - | Rs 79.79 L | - |
| Individual | - | Rs 25.89 Cr | - |
| Other | - | Rs 73.49 L | - |
| Retail | Rs 37.96 Cr | Rs 51.35 Cr | 1.35x |
| Cut-off price | - | Rs 43.37 Cr | - |
| Fixed price | - | Rs 7.99 Cr | - |
| Employee | Rs 38.60 L | Rs 2.73 Cr | 7.08x |
| Cut-off price | - | Rs 2.38 Cr | - |
| Fixed price | - | Rs 35.08 L | - |
| Total | Rs 209.42 Cr | Rs 271.43 Cr | 1.30x |
PNGS Reva Diamond Jewellery IPO Subscription by Applications
Category-wise subscription based on applications received
| Category | Applications Offered | Applications Received | Subscription |
|---|---|---|---|
| QIB | 29,56,719 | 85 | 0.00x |
| FII | - | 5 | - |
| DFI | - | - | - |
| Mutual Funds | - | 1 | - |
| Other | - | 79 | - |
| NII | 2,712 | 1,462 | 0.54x |
| bNII (above Rs 10L) | 1,808 | 237 | 0.13x |
| Corporate | - | 22 | - |
| Individual | - | 152 | - |
| Other | - | 63 | - |
| sNII (Rs 2L to Rs 10L) | 904 | 1,225 | 1.36x |
| Corporate | - | 38 | - |
| Individual | - | 1,152 | - |
| Other | - | 35 | - |
| Retail | 30,733 | 31,755 | 1.03x |
| Cut-off price | - | 27,029 | - |
| Fixed price | - | 4,726 | - |
| Employee | 312 | 1,192 | 3.82x |
| Cut-off price | - | 1,033 | - |
| Fixed price | - | 159 | - |
| Total | 29,90,476 | 34,494 | 0.01x |
What Do These Subscription Numbers Mean?
A subscription of 1.30x by shares means the IPO received bids for 1 times the shares reserved. Allotment odds depend on application count in each category, not share volume.
Here is what each category number tells you:
QIB at 1.10x by shares: This is the strongest signal on the page. QIBs are institutional investors, mutual funds, foreign institutions, and banks. When they subscribe at 1.10x, it reflects serious institutional conviction.
NII at 0.54x by applications: NII includes high net worth individuals applying above Rs 2 lakh. Proportional allotment uses application subscription. bNII came in at 0.13x and sNII at 1.36x by applications. Share subscription was 1.62x. Allotment uses application count, not share volume.
At 1.03x subscription by applications, approximately 1 in 1 retail applicants can expect an allotment (~97% per application). Retail allotment is done by lottery when oversubscribed.
At 3.82x subscription by applications, approximately 1 in 4 employee applicants can expect an allotment (~26% per application). Employee reservation uses the same lottery logic as retail when oversubscribed.
PNGS Reva Diamond Jewellery IPO Allotment Chances
Allotment odds below use application subscription (number of bids received), not share or amount subscribed.
Retail
- •Application subscription: 1.03x.
- •Allotment odds: about 1 in 1 (~97% chance per application).
- •Method: Lottery. If allotted, you receive at least one lot.
- •One application per PAN. Multiple eligible accounts in a household can improve overall family odds, not individual odds.
SHNI (Rs 2 lakh to Rs 10 lakh)
- •Application subscription: 1.36x.
- •Allotment odds: about 1 in 1 for a minimum-lot application (~74% of the applied lot on average).
- •Method: Proportional. Shares allotted are based on your bid size, not a lottery.
BHNI (above Rs 10 lakh)
- •Application subscription: 0.13x.
- •Share subscription was 1.71x. Allotment uses application count, not share volume.
Check the PNGS Reva Diamond Jewellery IPO Allotment Status page from 27 February 2026 for your allotment result.
PNGS Reva Diamond Jewellery IPO Day-wise Subscription
| Day | QIB | NII | Retail | Overall |
|---|---|---|---|---|
| Day 1 - 24 Feb 2026 | 0.96x | 0.07x | 0.42x | 0.63x |
| Day 2 - 25 Feb 2026 | 1.01x | 0.69x | 0.72x | 0.88x |
| Day 3 - 26 Feb 2026 | 1.10x | 1.62x | 1.37x | 1.30x |
PNGS Reva Diamond Jewellery IPO Key Dates
| Event | Date |
|---|---|
| IPO Open Date | 24 February 2026 |
| IPO Close Date | 26 February 2026 |
| Allotment Date | 27 February 2026 |
| Refund Initiation | 28 February 2026 |
| Share Credit to Demat | 28 February 2026 |
| Listing Date | 4 March 2026 |
| Minimum Investment | Rs 12,352.00 |
| Lot Size | 32 shares |
About PNGS Reva Diamond Jewellery IPO
No company information available
Understanding Subscription Categories
QIB - Qualified Institutional Buyers
Includes foreign institutional investors, domestic financial institutions, mutual funds, and other qualified institutions. QIB demand is considered the most reliable indicator of institutional confidence in an IPO.
NII - Non-Institutional Investors
High net worth individuals applying above Rs 2 lakh. Divided into bNII (above Rs 10 lakh) and sNII (Rs 2 lakh to Rs 10 lakh). NII allotment is proportional.
Retail - Retail Individual Investors
Investors applying up to Rs 2 lakh per PAN. Allotment is by lottery when oversubscribed. Minimum one lot per successful applicant.
PNGS Reva Diamond Jewellery IPO GMP Today
Live GMP, listing price estimate, and listing gain
PNGS Reva Diamond Jewellery IPO Allotment Status
Check allotment result on allotment date
PNGS Reva Diamond Jewellery IPO Details
Financials, peers, strengths, and review
All IPO Subscription Status
Subscription for all active IPOs
PNGS Reva Diamond Jewellery IPO Subscription FAQs
What is PNGS Reva Diamond Jewellery IPO IPO subscription status today?
PNGS Reva Diamond Jewellery IPO IPO subscription closed on 26 February 2026 with overall subscription of 1.30x (by shares) as of 27 June 2026, 2:01 AM IST. QIB 1.10x, NII 0.54x, Retail 1.03x.
What is the overall subscription of PNGS Reva Diamond Jewellery IPO IPO?
PNGS Reva Diamond Jewellery IPO IPO is subscribed 1.30x overall by shares at close on 26 February 2026. QIB 1.10x, NII 0.54x, and Retail 1.03x.
What is PNGS Reva Diamond Jewellery IPO IPO QIB subscription?
PNGS Reva Diamond Jewellery IPO IPO QIB (Qualified Institutional Buyers) subscription is 1.10x by shares. QIB includes mutual funds, FIIs, banks, and other institutions.
What is PNGS Reva Diamond Jewellery IPO IPO Retail subscription?
PNGS Reva Diamond Jewellery IPO IPO Retail subscription is 1.03x by applications. Minimum retail bid is up to Rs 2 lakh per PAN.
What is PNGS Reva Diamond Jewellery IPO IPO NII subscription?
PNGS Reva Diamond Jewellery IPO IPO NII (Non-Institutional Investors) subscription is 0.54x by applications. NII covers bids above Rs 2 lakh.
What are allotment chances in PNGS Reva Diamond Jewellery IPO IPO for retail?
At 1.03x subscription by applications, approximately 1 in 1 retail applicants can expect an allotment (~97% per application). Allotment is done by lottery.
When is PNGS Reva Diamond Jewellery IPO IPO allotment date?
PNGS Reva Diamond Jewellery IPO IPO allotment date is 27 February 2026. Check PNGS Reva Diamond Jewellery IPO Allotment Status on IPOwiz from that day using your PAN.
When does PNGS Reva Diamond Jewellery IPO IPO subscription close?
PNGS Reva Diamond Jewellery IPO IPO subscription closed on 26 February 2026. No new applications are accepted after the close.
What is PNGS Reva Diamond Jewellery IPO IPO GMP today?
PNGS Reva Diamond Jewellery IPO IPO GMP is ₹-20 today (-5.18% over issue price ₹386). See live GMP on the PNGS Reva Diamond Jewellery IPO GMP Today page.
What is PNGS Reva Diamond Jewellery IPO IPO issue price and lot size?
PNGS Reva Diamond Jewellery IPO IPO issue price is ₹386 per share. Lot size is 32 shares. Minimum investment is ₹12,352 per lot. Issue size: ₹380.00 Cr.
When is PNGS Reva Diamond Jewellery IPO IPO listing date?
PNGS Reva Diamond Jewellery IPO IPO listing date is 4 March 2026 on NSE and BSE. Allotment is on 27 February 2026.
How does subscription affect PNGS Reva Diamond Jewellery IPO IPO allotment?
Allotment odds in PNGS Reva Diamond Jewellery IPO IPO depend on application subscription in each category, not share volume. Retail uses lottery when oversubscribed. NII uses proportional allotment by applications. At 1.30x overall, competition is moderate.
For allotment results from 27 February 2026, visit the PNGS Reva Diamond Jewellery IPO Allotment Status page. For listing day updates on 4 March 2026, download the IPOwiz App.
Reviewed by Dinesh Agrawal
15+ years in Indian capital markets and IPO research. Subscription data verified before publish.