RBZ Jewellers is one of the leading organized manufacturers of gold jewelry in India, specializing in Antique Gold Jewellery and distributing it to reputable nationwide retailers and significant regional players in India. They have a history of more than 15 years in the jewellery industry. They design and manufacture a wide range of Antique Gold Jewellery which consists of jadau, Meena, and Kundan work, and sell it on a wholesale and retail basis. They also process and supply Antique Gold Jewellery on a work basis to national retailers. Their customer base in wholesale business includes reputed national, regional, and local family jewelers spread across 19 States and 72 cities within India.
The Company also operates its retail showroom under the brand name “Harit Zaveri” and is a leading player in Ahmedabad. They offer jewellery for bridal, occasional and daily wear at various price ranges in their retail showroom. They also export their jewellery to the Middle East region. We carry out their manufacturing operations from a well-equipped and modern facility situated in Ahmedabad, Gujarat which has advanced technologies in casting, laser, and 3-D printing. Their retail showroom is situated in the prominent area of Ahmedabad, Gujarat.
RBZ Jewellers has a well-equipped and modern gold jewelry manufacturing facility situated at Sarkhej Gandhinagar Highway, Ahmedabad, Gujarat having the capability to design as well as manufacture gold jewelry under one roof. The manufacturing facility has an area measuring 23,966 sq. ft and is owned by them. Their retail showroom spread over 11,667 sq. ft. is situated in the Satellite area, Ahmedabad, Gujarat in the vicinity of 141 where other large retailers have their presence. They own an area measuring 10,417 sq. ft. of their showroom space and an area measuring 1,250 sq. ft. is occupied on a lease basis.
Objects of the Issue
- Funding working capital requirements of the Company.
- General Corporate Purposes
RBZ Jewellers IPO Review (Apply or Not)
- May Apply with Caution
Brokerage Firm IPO Review
- Swastika Investmart: May apply
RBZ Jewellers IPO Date & Price Band Details
IPO Open: | December 19, 2023 |
IPO Close: | December 21, 2023 |
IPO Size: | Approx ₹100 Crores |
Fresh Issue: | Approx ₹100 Crores |
Offer for Sale: | Approx NIL |
Face Value: | ₹10 Per Equity Share |
IPO Price Band: | ₹95 to ₹100 Per Share |
IPO Listing on: | BSE & NSE |
Retail Quota: | 35% |
QIB Quota: | 50% |
NII Quota: | 15% |
DRHP Draft Prospectus: | Click Here |
RHP Draft Prospectus: | Click Here |
Anchor Investors List: | Click Here |
RBZ Jewellers IPO Market Lot
The RBZ Jewellers IPO minimum market lot is 150 shares with ₹15,000 application amount. The retail investors can apply up-to 13 lots with [.] shares or ₹[.] amount.
Application | Lot Size | Shares | Amount |
Retail Minimum | 1 | 150 | ₹15,000 |
Retail Maximum | 13 | 1,950 | ₹195,000 |
S-HNI Minimum | 14 | 2,100 | ₹210,000 |
B-HNI Minimum | 67 | 10,050 | ₹1,005,000 |
RBZ Jewellers IPO Allotment & Listing Dates
The RBZ Jewellers IPO date is December 19 and the close date is December 21. The RBZ Jewellers IPO allotment will be finalized on December 22 and the IPO listing on December 27.
Anchor Investors Allotment: | December 18, 2023 |
IPO Open Date: | December 19, 2023 |
IPO Close Date: | December 21, 2023 |
Basis of Allotment: | December 22, 2023 |
Refunds: | December 26, 2023 |
Credit to Demat Account: | December 26, 2023 |
IPO Listing Date: | December 27, 2023 |
You can check IPO subscription status and IPO allotment status on their respective pages.
RBZ Jewellers IPO Form
How to apply for the RBZ Jewellers IPO? You can apply for RBZ Jewellers IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the RBZ Jewellers IPO in the Invest section. The other option is you can apply for RBZ Jewellers IPO via IPO forms downloaded via NSE and BSE. Check out the RBZ Jewellers forms – Click BSE Forms & NSE Forms blank IPO forms download, fill, and submit in your bank or with your broker.
RBZ Jewellers Company Financial Report
₹ in Crores | |||
Year | Revenue | Expense | PAT |
2021 | ₹107.71 | ₹94.33 | ₹9.75 |
2022 | ₹252.53 | ₹232.91 | ₹14.41 |
2023 | ₹289.63 | ₹259.86 | ₹22.33 |
RBZ Jewellers IPO Valuation – FY2023
Check RBZ Jewellers IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
Earning Per Share (EPS): | ₹7.44 per Equity Share |
Price/Earning P/E Ratio for Industry: | 61.89 Average |
Return on Net Worth (RoNW): | 24.15% |
Net Asset Value (NAV): | ₹30.82 per Equity Share |
Peer Group
- Thangamayil Jewellery Ltd
- D P Abhushan Limited
- Titan Company Limited
- Ashapuri Gold Ornament Limited
- Sky Gold Limited
Company Promoters
- Rajendrakumar Kantilal Zaveri
- Harit Rajendrakumar Zaveri
RBZ Jewellers IPO Registrar
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: [email protected]
Website: https://ipo.bigshareonline.com/
RBZ Jewellers IPO Allotment Status Check
Check RBZ Jewellers IPO allotment status on Bigshare Services website allotment URL. Click Here
RBZ Jewellers IPO Lead Managers aka Merchant Bankers
- Arihant Capital Markets Ltd
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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Note: The RBZ Jewellers IPO price band and date are not officially announced yet. The IPO grey market premium (RBZ Jewellers IPO Premium) will be added to the IPO grey market page as it will start).
6 Responses
Ipo gray market RBZ JEWELLERS
as of now the GMP is NIL
peer group is quite strong so why do people hesitate to invest some money?
[email protected]
Why IPO GMP is not announced.
It was there for 1 day but now it is flat.