Description

BSE circular announcing the allocation of equity shares to anchor investors as part of the public issue (IPO) of PNGS Reva Diamond Jewellery Limited, dated February 23, 2026.

Summary

BSE has published the anchor investor allocation details for the public issue (IPO) of PNGS Reva Diamond Jewellery Limited. The circular discloses the number of equity shares allocated to anchor investors, the allocation price, and the identities of the anchor investors, in accordance with SEBI (Issue of Capital and Disclosure Requirements) Regulations.

Key Points

  • PNGS Reva Diamond Jewellery Limited is proceeding with its Initial Public Offering (IPO) on BSE.
  • Anchor investor allocation took place on February 23, 2026, one working day prior to the IPO subscription opening.
  • Qualified Institutional Buyers (QIBs) designated as anchor investors were allotted equity shares at the anchor investor allocation price.
  • The allocation details, including investor names and number of shares allotted, are disclosed as required under SEBI ICDR Regulations.
  • The PDF attachment contains the full list of anchor investors and allotment specifics.

Regulatory Changes

No new regulatory changes are introduced. This circular is a standard disclosure mandated under SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018, which require exchanges to publish anchor investor allocation details before the IPO opens for public subscription.

Compliance Requirements

  • The company (PNGS Reva Diamond Jewellery Limited) must ensure the lock-in period for anchor investor shares is observed: 50% of shares allotted are locked in for 90 days from the date of allotment, and the remaining 50% for 30 days.
  • Market participants and investors should note the anchor allocation price as a reference for price discovery.
  • No direct compliance action is required from retail investors or brokers.

Important Dates

  • Anchor Investor Allocation Date: February 23, 2026
  • IPO Opening Date: Approximately February 24–26, 2026 (one working day after anchor allocation)
  • Anchor Investor Lock-in (50%): 30 days from date of allotment
  • Anchor Investor Lock-in (50%): 90 days from date of allotment

Impact Assessment

This disclosure is of moderate market relevance. Anchor investor participation and the allocation price serve as a signal of institutional interest in PNGS Reva Diamond Jewellery Limited’s IPO. A strong anchor book typically indicates positive institutional sentiment and may influence retail investor demand during the subscription period. The jewellery sector continues to attract investor interest amid steady domestic consumption. The circular has no direct impact on existing listed securities or market operations.

Impact Justification

IPO anchor investor allocation is a routine pre-listing disclosure; relevant primarily to investors participating in the PNGS Reva Diamond Jewellery Limited public issue.