RBZ Jewellers IPO : Price, Detail, GMP, Opening Date, Financial Report and More

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 DateDecember 19, 2023 to December 21, 2023
Price Band95 Rs to 100 Rs per share
Face ValueRs 10 per share
Lot Size150 Shares
Total Issue Size10,000,000 shares (aggregating up to ₹100.00 Cr)
Listing Date27 December 2023, Wednesday as per the schedule
Listing AtBSE, 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 Ended30 Sep 202331 Mar 202331 Mar 202231 Mar 2021
Profit After Tax12.0922.3314.419.75
Net Worth104.5792.4770.0355.55
Reserves and Surplus74.0261.9365.6051.19
Total Borrowing101.8495.7959.7154.90

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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