PNGS Reva Diamond Jewellery Raises ₹171 Crore From Anchor Investors Ahead Of ₹380 Crore IPO
Published on: Feb. 24, 2026, 10:26 a.m. | Source: Free Press Journal
PNGS Reva Diamond Jewellery secured nearly Rs 171 crore from anchor investors, including Citigroup, Societe Generale, Tata MF, and Groww MF, at Rs 386 per share. Its Rs 380-crore fresh-issue IPO opens February 24 and closes February 26, with a price band of Rs 367-386. Funds will finance 15 new company-owned stores by FY28, marketing, and general purposes. Revenue grew 32 percent.
