PNGS Reva Diamond Jewellery’s Rs 380 crore IPO finalizes allotment on February 27, with shares set to list on March 4. The IPO saw overall subscription of 1.30 times, but a negative grey market premium suggests limited listing gains. The company operates 34 stores across three states and reported strong profitability in FY25.
Originally published by The Economic Times https://economictimes.indiatimes.com/markets