Comparison between Orkla India IPO and PNGS Reva Diamond Jewellery IPO.
Orkla India IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while PNGS Reva Diamond Jewellery IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of Orkla India IPO is up to ₹1,667.54 Cr whereas the issue size of the PNGS Reva Diamond Jewellery IPO is up to ₹379.52 Cr. The final issue price of Orkla India IPO is ₹730.00 per share and of PNGS Reva Diamond Jewellery IPO is ₹386.00 per share.
| Orkla India IPO | PNGS Reva Diamond Jewellery IPO | |
|---|---|---|
| Face Value | ₹1 per share | ₹10 per share |
| Issue Price (Lower) | ₹695.00 per share | ₹367.00 per share |
| Issue Price (Upper) | ₹730.00 per share | ₹386.00 per share |
| Issue Price (Final) | ₹730.00 per share | ₹386.00 per share |
| Discount (Retail) | ||
| Discount (Employee) | ₹69.00 per share | |
| Market Lot Size | 20 shares | 32 shares |
| Fresh Issue Size | 0 shares | 98,32,000 shares |
| Fresh Issue Size (Amount) | up to ₹0.00 Cr | up to ₹379.52 Cr |
| OFS Issue Size | 2,28,43,004 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹1,667.54 Cr | up to ₹0.00 Cr |
| Issue Size Total | 2,28,43,004 shares | 98,32,000 shares |
| Issue Size Total (Amount) | up to ₹1,667.54 Cr | up to ₹379.52 Cr |
Orkla India IPO opens on Oct 29, 2025, while PNGS Reva Diamond Jewellery IPO opens on Feb 24, 2026. The closing date of Orkla India IPO and PNGS Reva Diamond Jewellery IPO is Oct 31, 2025, and Feb 26, 2026, respectively.
| Orkla India IPO | PNGS Reva Diamond Jewellery IPO | |
|---|---|---|
| Anchor Bid Date | Oct 28, 2025 | Feb 23, 2026 |
| Issue Open | Oct 29, 2025 | Feb 24, 2026 |
| Issue Close | Oct 31, 2025 | Feb 26, 2026 |
| Basis Of Allotment (Tentative) | Nov 03, 2025 | Feb 27, 2026 |
| Initiation of Refunds (Tentative) | Nov 04, 2025 | Mar 02, 2026 |
| Credit of Share (Tentative) | Nov 04, 2025 | Mar 02, 2026 |
| Listing date (Tentative) | Nov 06, 2025 | Mar 04, 2026 |
| Anchor Lockin End date 1 | Dec 02, 2025 | Mar 28, 2026 |
| Anchor Lockin End date 2 | Jan 31, 2026 | May 27, 2026 |
Orkla India IPO P/E ratio is 39.11, as compared to PNGS Reva Diamond Jewellery IPO P/E ratio of 10.96.
| Orkla India IPO | PNGS Reva Diamond Jewellery IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| Financials | Company Financials (Restated)Orkla India Ltd.'s revenue increased by 3% and profit after tax (PAT) rose by 13% between the financial year ending with March 31, 2025 and March 31, 2024.
| Company Financials (Restated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 90.01 | 87.45 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 75 | 60.31 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 39.11 | 10.96 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹10000.21 Cr. | ₹1224.04 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 165.9% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 32.7% | 79.8% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.90 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹18.67 | ₹35.21 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 13.8% | 59.36% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Orkla India IPO Retail Individual Investors (RII) are offered 79,84,552 shares while in PNGS Reva Diamond Jewellery IPO retail investors are offered 79,84,552 shares. Qualified Institutional Buyers (QIB) are offered 45,62,601 shares in Orkla India IPO and 29,69,600 shares in PNGS Reva Diamond Jewellery IPO.
| Orkla India IPO | PNGS Reva Diamond Jewellery IPO | |
|---|---|---|
| Anchor Investor Reservation | 68,43,900 shares | 44,19,200 shares |
| Market Maker Reservation | 0 shares | 0 shares |
| QIB | 45,62,601 shares | 29,69,600 shares |
| NII | 34,21,951 shares | 14,56,000 shares |
| RII | 79,84,552 shares | 9,77,216 shares |
| Employee | 30,000 shares | 9,984 shares |
| Others | ||
| Total | 2,28,43,004 shares | 98,32,000 shares |
Orkla India IPO subscribed 48.74x in total, whereas PNGS Reva Diamond Jewellery IPO subscribed 1.30x.
| Orkla India IPO | PNGS Reva Diamond Jewellery IPO | |
|---|---|---|
| QIB (times) | 117.63x | 1.10x |
| NII (times) | 54.42x | 1.62x |
| Big NII (times) | 65.41x | 1.71x |
| Small NII (times) | 32.44x | 1.44x |
| RII (times) | 7.06x | 1.37x |
| Employee (times) | 15.12x | 7.08x |
| Other (times) | ||
| Total (times) | 48.74x | 1.30x |
