New Delhi, Feb. 19 -- PNGS Reva Diamond Jewellery IPO GMP: The initial public offering (IPO) of PNGS Reva Diamond Jewellery is set to kick off next week amid decent demand in the grey market.

The Rs.380-crore IPO is slated to open on February 24 and close on February 26.

The grey market premium (GMP) for PNGS Reva Diamond Jewellery IPO has remained firm since the announcement of its price band. According to investorgain.com, PNGS Reva Diamond Jewellery IPO GMP today is Rs.16.

At the current GMP, PNGS Reva Diamond Jewellery IPO listing price could be Rs.402, a premium of 4.15% over its upper end of the price range of Rs.386. The highest GMP for PNGS Reva Diamond Jewellery IPO has been Rs.21 so far, and the lowest Rs.16.

Investors, howe...