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Reva Diamonds IPO to open on February 24; listing likely on March 4

P N Gadgil & Sons-promoted retail focused jewellery brand PNGS Reva Diamond Jewellery has filed Red Herring Prospectus with the Registrar of Companies on February 10 intimating the IPO is opening on February 24 and closing on February 26.

The IPO anchor book will be launched for a day on February 23. The IPO share allotment will be finalised by February 27, while the trading in Reva Diamonds shares will commence on the bourses effective March 4.

The Pune-based company that makes jewellery using diamonds and precious and semi-precious stones is raising Rs 380 crore via an initial public offering (IPO) which consists of a fresh issue component.

The offer size has been reduced from Rs 450 crore, planned earlier as per the Draft Red Herring Prospectus filed in June 2025

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