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Reva Diamond Jewellery IPO Set to Open February 24 Amid Luxury Demand

Reva Diamond Jewellery IPO opens February 24, drawing investor interest in luxury consumption themes.
PNG’s Reva Diamond Jewellery will open its initial public offering on February 24, targeting expansion in India’s fast growing organized jewellery market. The company plans to deploy IPO proceeds toward store expansion, working capital needs and brand development initiatives. Analysts note rising retail investor appetite for lifestyle and luxury consumption themes. Market participants are closely tracking subscription levels and valuation metrics.