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PNGS Reva Diamond Jewellery IPO subscribed 1.23 times on Final Day of Bidding

  The Initial Public Offering of PNGS Reva Diamond Jewellery was subscribed 1.23 times on the final day of bidding. The issue received bids of 70,31,776   equity shares against the offered 57,06,235 equity shares, at a price band of Rs 367 to Rs 386 per share, according to data available on the stock exchanges. Qualified Institutional Buyer (QIB) and Retail Portion was subscribed 1.04 times and 1.29 times respectively. Non-Institutional Investors (NII) Portion was subscribed 1.54 times. Whereas the Employee Reserved subscribed 6.74 times. PNGS Reva Diamond Jewellery Ltd plans to market and promote 15 new stores to create local brand awareness and enhance visibility across various locations in India. The majority of these stores will be established in Tier-1 and select Tier-2 cities in Maharashtra, along with metro cities across the country. In line with this strategy, the company intends to invest ₹286.56 crore to launch 15 new brand-exclusive stores across India. These propos...

air cargo India Marks Its 11th Edition as transport logistic India Debuts in Mumbai

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Integrated trade fairs bring global logistics decision-makers together to advance India’s supply chain competitiveness Mumbai: The 11th edition of air cargo India opened today alongside the inaugural edition of transport logistic India 2026 at the Jio World Convention Centre, Mumbai, reinforcing its position as a focused B2B marketplace for the air cargo and multimodal logistics industry. AB de Villiers has been announced as the Brand Ambassador for transport logistic India 2026. Known for his discipline, adaptability and high-performance mindset, his association reinforces the event’s focus on operational excellence, precision and execution — qualities that define both elite sport and world-class logistics. Organised by Messe Muenchen India, the co-located trade fairs are designed exclusively for business engagement — connecting airlines, airport operators, freight forwarders, shipping lines, rail operators, logistics park developers, cold chain specialists and supply chain technology...

CleanMax's IPO subscribed on Final Day of Bidding; Strong QIB & NII support

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CleanMax thanks investors for subscribing to its IPO   CleanMax sees strong institutional backing from marquee FIIs & DIIs making the IPO a success.   The initial public offering of equity shares of face value of Re. 1 each of Clean Max Enviro Energy Solutions Limited (“ CleanMax ” or the “ Company ” and such offer as the “ IPO ” or “ Offer ”) was subscribed  99.26%  on the final day of bidding.   QIB Portion was subscribed 2.99 times and NII (HNI) was subscribed 0.57 times.   The Company would like to clarify the subscription details basis the information available at National Stock Exchange as under:   The Offer received bids of 2,05,69,122 shares against the offered 2,07,23,155 equity shares, at the upper end of the price band, i.e. Rs 1,053 per Equity Share; amounting to 99.26% subscription.   The Offer received bids of 2,05,69,122 shares against the offered 2,18,23,329 equity shares, at the lower end of the price band, i.e. Rs 1,000 per E...

PNGS Reva Diamond Jewellery IPO subscribed 83% on Day 2 of IPO

Issue closes on  Thursday, February 26, 2026 , for bidding The Initial Public Offering of PNGS Reva Diamond Jewellery was subscribed 0.83 times on the second day of bidding, demonstrating strong demand from qualified institutional buyers and retail investors for this IPO. The issue received bids of 47,23,424 equity shares against the offered 57,06,235 equity shares, according to data available on the stock exchanges. Qualified Institutional Buyer (QIB) and Retail Portion was subscribed 0.96 times and 0.66 times respectively. Non-Institutional Investors (NII) Portion was subscribed 0.65 times. Whereas the Employee Reserved subscribed 4.74 times. The issue kicked off for subscription on Tuesday, February 24, 2026, and will close for subscription on  Thursday, February 26, 2026 .  Leading brokerage firms like Adroit Financial, Lakshmishree and Marwadi Shares and Finance have given their “Subscribe” recommendation to PNGS Reva...