RBZ Jewellers Limited
Mainboard₹15,000 / 150 Shares
RBZ Jewellers Limited IPO Details
The RBZ Jewellers Limited IPO price band is set between ₹95-100 per equity share, with a face value of ₹10 per share. The issue is managed by Bigshare Services Pvt Ltd, and the equity shares are proposed to be listed on the Mainboard.
The IPO date for subscription opens on 19 Dec, 2023 and closes on 21 Dec, 2023. Investors can check the allotment status on 22 Dec, 2023, while the listing date is tentatively scheduled for 27 Dec, 2023.
The total issue size is 10,000,000 shares, aggregating up to ₹100 Cr. Stay tuned for the latest RBZ Jewellers Limited IPO review and GMP updates.
RBZ Jewellers Limited IPO Review, Rating & Analysis
RBZ Jewellers Limited IPO Review
NO REVIEWRBZ Jewellers Limited IPO Rating
RBZ Jewellers Limited IPO Highlights
IPO Date
Dec 19, 2023 - Dec 21, 2023
Listing Date
27 Dec, 2023
Face Value
₹10 Per Equity Share
Price Band
₹95-100 per equity share
Lot Size
150 Shares
Fresh Issue
Shares
Offer for Sale
-
Listing At
BSE, NSE
RBZ Jewellers Limited IPO Lot Size
The minimum market lot for RBZ Jewellers Limited IPO is 150 shares with an application amount of ₹15,000. Retail investors can apply for up to 13 lots. The table below details the minimum and maximum investment limits for Retail and HNI investors.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 150 | ₹15,000 |
| Retail (Max) | 13 | 1950 | ₹1,95,000 |
| S-HNI (Min) | 14 | 2100 | ₹2,10,000 |
| S-HNI (Max) | 66 | 9900 | ₹9,90,000 |
| B-HNI (Min) | 67 | 10050 | ₹10,05,000 |
RBZ Jewellers Limited IPO Timeline
Issue Price
₹95-100 per equity shareFace Value
₹10 Per Equity ShareListing at Group
BSE, NSERegistrar
Bigshare Services Pvt LtdLead Manager
Arihant Capital Markets LtdIssue Size
10,000,000 shares(aggregating up to ₹100 Cr)RBZ Jewellers Limited IPO Financial Information
| Period Ended | Assets | Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
|---|---|---|---|---|---|---|
| 31 Mar 23 | 206.84 | 289.63 | 22.33 | - | - | - |
| 31 Mar 22 | 154.03 | 252.53 | 14.41 | - | - | - |
| 31 Mar 21 | 123.74 | 289.63 | 9.75 | - | - | - |
| 31 Mar 20 | N/A | N/A | N/A | - | - | - |
All values are in ₹ Cr.
Promoters & Share Holding
Promoter(s) Name
- Rajendrakumar Kantilal Zaveri
- Harit Rajendrakumar Zaveri
| Share Holding Pre Issue | Share Holding Post Issue |
|---|---|
| 100% | 75% |
About Company
RBZ Jewellers Limited is an India-based gold jewellery manufacturer that specializes in creating antique designs. They distribute their products to nationwide retailers as well as significant regional players. The company's product line includes a wide range of Antique Gold Jewellery, which features jadau, Meena, and Kundan work and is sold on both a wholesale and retail basis. Their wholesale customer base comprises reputed national, regional, and local family jewellers located across 19 states and 72 cities in India. They also operate a retail showroom under the brand name Harit Zaveri and are a leading player in Ahmedabad.
The company has a well-equipped and modern gold jewellery manufacturing facility situated at Sarkhej Gandhinagar Highway, Ahmedabad, Gujarat, which can design and manufacture gold jewellery under one roof. The manufacturing facility has an area measuring 23,966 sq. ft and is owned by RBZ Jewellers.
The manufacturing facility has a permitted capacity of 250 artisans, and the company employs 185 salespeople.
RBZ Jewellers Limited IPO Subscription Details
| As on | QIB | NII bNII sNII | Retail | Total |
|---|---|---|---|---|
| Shares Offered / Reserved | 1,400,000 | 3,000,000 2,000,000 1,000,000 | 3,500,000 | 7,900,000 |
Day 1 -19-12-23 05:00 PM | 0.00 x | 0.71 x x | 4.60 x | 2.31 x |
Day 2 -20-12-23 05:00 PM | 0.05 x | 3.49 2.06 x 6.34 x | 13.14 x | 7.15 x |
Day 3 -21-12-23 05:00 PM | 13.43 x | 9.26 6.79 x 14.20 x | 24.67 x | 16.83 x |
21.62 times
Frequently Asked Questions about RBZ Jewellers Limited IPO
When will RBZ Jewellers Limited IPO open for subscription?
The RBZ Jewellers Limited IPO opens on 19 Dec, 2023 and closes on 21 Dec, 2023.
What is the investors portion for RBZ Jewellers Limited IPO?
The investors' portion for QIB is 13.43 x, NII is 6.79 x, and Retail is 24.67 x.
How to apply for RBZ Jewellers Limited IPO?
You can apply for RBZ Jewellers Limited IPO via ASBA online through your bank account. You can also apply via UPI through stock brokers like Zerodha, Upstox, or Paytm Money.
What is the issue size of RBZ Jewellers Limited IPO?
The issue size of RBZ Jewellers Limited IPO is approx ₹10,000,000 shares(aggregating up to ₹100 Cr) crores.
What is the price band of RBZ Jewellers Limited IPO?
The price band for RBZ Jewellers Limited IPO is ₹95 to ₹100 per equity share.
What is the lot size of RBZ Jewellers Limited IPO?
The minimum bid (lot size) for RBZ Jewellers Limited IPO is N/A shares with an investment of approx ₹15,000 .
What is the allotment date of RBZ Jewellers Limited IPO?
The allotment date for RBZ Jewellers Limited IPO is 22 Dec, 2023.
What is the listing date of RBZ Jewellers Limited IPO?
The listing date for RBZ Jewellers Limited IPO is expected to be 27 Dec, 2023.
What is the GMP of RBZ Jewellers Limited IPO?
The latest Grey Market Premium (GMP) for RBZ Jewellers Limited IPO is being updated regularly on IPOROCK.
Parth D.
Founder & Lead Analyst
Parth D. is a software engineer and financial analyst who brings a quantitative edge to IPO tracking. With deep expertise in algorithmic trading and financial tool development, he builds the technology that powers IPORock's real-time data engines. He has been tracking the Indian market since 2018.