RBZ Jewellers IPO Date, Review, Price, Allotment Details

RBZ Jewellers IPO Details: RBZ Jewellers IPO date is fixed, the IPO is to hit the market on December 19 and will close on December 21. RBZ Jewellers IPO to raise around ₹100 crores via IPO that comprises fresh issue of ₹100 crores and offer for sale up to NIL of ₹10 each. The retail quota is 35%, QIB is 50%, and HNI is 15%.

RBZ Jewellers IPO

Table of Contents

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.

ApplicationLot SizeSharesAmount
Retail Minimum1150₹15,000
Retail Maximum131,950₹195,000
S-HNI Minimum142,100₹210,000
B-HNI Minimum6710,050₹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
YearRevenueExpensePAT
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/

RBZ Jewellers IPO FAQs

What is RBZ Jewellers IPO?

RBZ Jewellers IPO is a main-board IPO. They are going to raise ₹100 Crores via IPO. The issue is priced at ₹95 to ₹100 pr equity share. The IPO is to be listed on BSE & NSE.

When RBZ Jewellers IPO will open?

The IPO is to open on December 19, 2023 for QIB, NII, and Retail Investors.

What is RBZ Jewellers IPO Investors Portion?

The investors’ portion for QIB is 50%, NII is 15%, and Retail is 35%.

How to Apply the RBZ Jewellers IPO?

You can apply for RBZ Jewellers IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.

How to Apply the RBZ Jewellers IPO through Zerodha?

Log in to Console in Zerodha Website or in Application. Go to Portfolio and Click on IPO. You will see the IPO Name “RBZ Jewellers”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Zerodha.

How to Apply the RBZ Jewellers IPO through Upstox?

Log in to the Upstox Application with your credentials. Select the IPO. You will see the IPO Name “RBZ Jewellers”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox.

How to Apply the RBZ Jewellers IPO through Paytm Money?

Log in to Paytm Money Application with your credentials. Select the IPO. You will see the IPO Name “RBZ Jewellers”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Paytm Money.

What is RBZ Jewellers IPO Size?

RBZ Jewellers IPO size is ₹100 crores.

What is RBZ Jewellers IPO Price Band?

RBZ Jewellers IPO Price Band is ₹95 to ₹100.

What is the RBZ Jewellers IPO Allotment Date?

RBZ Jewellers IPO allotment date is December 22, 2023.

What is the RBZ Jewellers IPO Listing Date?

RBZ Jewellers IPO listing date is December 27, 2023. The IPO is to list on BSE and NSE.

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).
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