New Delhi, March 4 -- PNGS Reva Diamond Jewellery share price made a weak debut on the bourses today. On NSE, PNGS Reva Diamond Jewellery share price opened at Rs.375 per share, 2.85% lower than the issue price of Rs.386. On BSE, PNGS Reva Diamond Jewellery share price today opened at Rs.372 apiece, down 3.63% than the issue price.

PNGS Reva Diamond Jewellery Ltd was subscribed 1.23 times on the last day of the bidding process on Thursday. The Rs.380-crore IPO attracted bids for 70,31,776 shares compared to the 57,06,235 shares available, according to NSE data.

The allocation for non-institutional investors saw a subscription rate of 1.54 times, while the portion for Retail Individual Investors (RIIs) was subscribed 1.29 times.

The Qua...