PNGS Reva Diamond Jewellery IPO

About PNGS Reva Diamond Jewellery Company

PNGS Reva Diamond Jewellery Limited, incorporated in December 2024 in Pune, Maharashtra, emerged from a 2025 slump sale of the diamond jewellery business from promoter P.N. Gadgil & Sons Limited (with over 190 years of legacy), evolving into a focused retail entity operating 33-34 shop-in-shop outlets across 25 cities in Maharashtra, Gujarat, and Karnataka via FOCO and FOFO franchise models. The core business centers on designing, curating, and retailing diamond-studded jewellery in gold and platinum under the flagship "Reva" brand, blending traditional craftsmanship with modern aesthetics through 13 curated collections including rings, earrings, necklaces, solitaires, bangles, mangalsutras, and customizable pieces starting from approximately ?20,000. Key expertise includes in-house design capabilities complemented by third-party manufacturing and karigars, ensuring quality certification, variety, and appeal across daily wear and occasion-driven segments. Unique strengths lie in leveraging promoter heritage for trust, a franchise-driven expansion for scalable retail presence, and a philosophy merging cultural roots with contemporary trends to deliver certified, customer-satisfying products. The company serves diverse retail customers seeking accessible luxury, emphasizing long-term brand equity, logistical support from PNGS, and responsive customization to address quality assurance, market competition, and evolving consumer preferences in the organized diamond jewellery sector.