RBZ Jewellers Limited, started in April 2008, makes pretty antique gold jewelry. They create unique designs like jadau, meena, and kundan work, selling their jewellery to both stores and individual customers.
They have wholesale customers in 19 states and 72 cities across India. RBZ Jewellers also has its own store called “Harit Zaveri,” which is quite popular in Ahmedabad.
RBZ Jewellers works from a big place in Ahmedabad, Gujarat, where they design and make gold jewellery. They have a team of 250 skilled workers and 185 salespeople to create and sell their lovely jewellery.
Key Points Regarding RBZ Jewellers IPO
| IPO Date | December 19, 2023 to December 21, 2023 |
| Price Band | 95 Rs to 100 Rs per share |
| Face Value | Rs 10 per share |
| Lot Size | 150 Shares |
| Total Issue Size | 10,000,000 shares (aggregating up to ₹100.00 Cr) |
| Listing Date | 27 December 2023, Wednesday as per the schedule |
| Listing At | BSE, NSE |
RBZ Jewellers IPO Overview:
Book built issue valued at Rs 100.00 crores.
Entirely a fresh issue of 1 crore shares.
Subscription Details
- Opens for subscription on December 19, 2023, closing on December 21, 2023.
- Allotment expected on Friday, December 22, 2023.
Listing Information
Tentative listing date set for Wednesday, December 27, 2023, on BSE and NSE.
IPO Price Band
Price band: ₹95 to ₹100 per share.
Lot Size and Investment
Minimum lot size for an application: 150 shares.
Retail investors require a minimum investment of ₹15,000.
Investment Requirements for Qualified Investors:
sNII (Non-Institutional Investors): 14 lots (2,100 shares), totalling ₹210,000.
bNII (Non-Institutional Investors): 67 lots (10,050 shares), totalling ₹1,005,000.
RBZ Jewellers Financials
Here’s a quick look at RBZ Jewellers financial breakdown in terms of money (in ₹ crores )
| Period Ended | 30 Sep 2023 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
| Assets | 234.76 | 206.84 | 154.03 | 123.74 |
| Revenue | 125.52 | 289.63 | 252.53 | 289.63 |
| Profit After Tax | 12.09 | 22.33 | 14.41 | 9.75 |
| Net Worth | 104.57 | 92.47 | 70.03 | 55.55 |
| Reserves and Surplus | 74.02 | 61.93 | 65.60 | 51.19 |
| Total Borrowing | 101.84 | 95.79 | 59.71 | 54.90 |
Company Address
RBZ Jewellers Limited
Block-D, Mondeal Retail Park, Near Rajpath Club,
S.G. Highway
Beside Iscon Mall, Ahmedabad, 380054
Phone: +91-79-29915740
Email: [email protected]
Website: https://rbzjewellers.com/
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