Mumbai : PNGS Reva Diamond Jewellery, which is a retail focused jewellery brand involved in the business of sale of a wide range of jewellery made using diamond and precious and semi-precious stones, has garnered Rs 170.58 crore from anchor investors ahead of its initial public offering that opens for public subscription on February 24. The company informed the bourses that it allocated 44,19,200 equity shares at Rs 386 per share to anchor investors.

Some of the marquee institutions that participated in the anchor include Citigroup Global Markets Mauritius, Societe Generale, Astorne Capital VCC – Arven, Aanjay Ageless AIF Fund, and Holani Venture Capital Fund – 1.

Amongst equity- oriented schemes, the company has allocated shares to Tata India Consumer Fund and Groww Mutual Fund – Large Cap Fund.

Out of the total allocation of 44,19,200 equity shares to the anchor investors, 11,91,744 were allocated to 2 domestic mutual funds through 4 schemes.

Smart Horizon Capital Advisors is the book-running lead manager; and Bigshare Services Private Limited is the registrar of the offer.