RBZ Jewellers Limited IPO

Mainboard

Gems, Jewellery And Watches

Listed On: Dec 27, 2023 at ₹ 100.0(NSE)

₹ 15000 /150 Shares

Check Allotment

Price Summary

Last Closing

173.61 (73.61%)

52 Week High

255.35

52 Week Low

96.00

Last Update

22-Nov-2024 3:30 PM

RBZ Jewellers Limited IPO Details

19 Dec, 2023

Open Date

21 Dec, 2023

Close Date

22 Dec, 2023

Allotment Date

27 Dec, 2023

Listing Date

Issue Price

₹95-100 per equity share

Face Value

₹10 Per Equity Share

Listing at Group

BSE, NSE

Registrar

Bigshare Services Pvt Ltd

List Price

100.0(NSE)

Listing Date

2023-12-27

Market Lot

Retail : 150 Shares (₹15,000/-)
S-HNI : 2,100 Shares (₹2,10,000/-)
B-HNI : 10,050 Shares (₹10,05,000/-)

Lead Manager

Arihant Capital Markets Ltd

Issue Size

10,000,000 shares(aggregating up to ₹100 Cr)

Retail Portion

35% (Number of Retail Applications: 23,333 Approx),
(Number of S-HNI Applications : 238 Approx),
(Number of B-HNI Applications : 476 Approx)

Subscription

16.83 times

IPO Docs

DRHP RHP ANCHOR

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

Total No. of Applications: 508,012 (Approx)

Retail Subscription on the basis of Applications: 21.62 times

RBZ Jewellers Limited Valuations

Earnings Per Share (EPS)

₹7.44/-

P/E Ratio

N/A

RoNW

20.08%

Net Asset Value (NAV) - As on 31.03.22

₹N/A

RBZ Jewellers Limited Company Financials All values are in ₹ Cr.

	31-Mar-23	31-Mar-22	31-Mar-21	31-Mar-20
Assets	206.84	154.03	123.74	N/A
Revenue	289.63	252.53	289.63	N/A
Profit After Tax	22.33	14.41	9.75	N/A

About The 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 - Promoter(s)

Pre Issue Share Holding: 100%

Post Issue Share Holding: 75%

Company Promoter(s)

Rajendrakumar Kantilal Zaveri
Harit Rajendrakumar Zaveri

RBZ Jewellers Limited IPO - Issue Objectives

Funding working capital requirements of the Company
General Corporate Purposes

RBZ Jewellers Limited IPO - Anchor Investors

Negen Capital, PGIM India, BofA Securities Europe pick Rs 21 cr shares in RBZ Jewellers via anchor book.

The gold jewellery manufacturer in its filing to exchanges said it has finalised allocation of 21 lakh equity shares to anchor investors at Rs 100 per equity share.

Negen Capital, PGIM India, and BofA Securities Europe were the three investors in the anchor book.

PGIM India Equity Growth Opportunities Fund - Series I, and Negen Undiscovered Value Fund owned by Negen Capital picked 5 lakh shares in RBZ, while the remaining 11 lakh shares were acquired by BofA Securities Europe SA - ODI, the foreign investor.

RBZ Jewellers Limited IPO - FAQs

Ans. RBZ Jewellers Limited IPO is a Mainboard IPO. The issue is priced at ₹95-100 per equity share. The minimum order quantity is 150 Shares. The IPO opens on Dec 19, 2023, and closes on Dec 21, 2023. Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.

Ans. The RBZ Jewellers Limited IPO opens on Dec 19, 2023 and closes on Dec 21, 2023.

Ans. The size of RBZ Jewellers Limited IPO is 10,000,000 shares(aggregating up to ₹100 Cr).

Ans. The IPO price band is set between ₹95-100 per equity share.

Ans. To apply for RBZ Jewellers Limited IPO IPO, follow the steps given below:

- Open the IPO Ji App or Website
- Find RBZ Jewellers Limited IPO in the List of IPOs
- Press "Apply" Button
- Select Your Demat Account
- Select Your Shares Quantity and Submit
- Track Your IPO Status

Ans. The share allotment date of RBZ Jewellers Limited IPO is Dec 22, 2023.

Ans. The RBZ Jewellers Limited IPO will be listed on Dec 27, 2023.

Ans. Follow the steps to check the allotment status for RBZ Jewellers Limited IPO here.