RBZ Jewellers Ltd
Price Range
₹95 - ₹100
Min. Quantity
150
Closes on
21 December 2023
Min. investment
₹15,000/1,950 Shares
RBZ Jewellers Ltd IPO Timeline
RBZ Jewellers Ltd was originally incorporated as 'RBZ Jewellers Private Limited' as a private limited company with a certificate of incorporation dated April 15, 2008 issued by the Registrar of Companies, Gujarat. Thereafter, Company was converted to a public limited company and name of the Company was changed to 'RBZ Jewellers Limited' through a fresh certificate of incorporation dated March 20, 2023.
| Event | Date |
|---|---|
| RBZ Jewellers Ltd IPO Opening Date | 19 December 2023 |
| RBZ Jewellers Ltd IPO Closing Date | 21 December 2023 |
| Basis of Allotment | 22 December 2023 |
| Initiation of Refunds | 26 December 2023 |
| Credit of Shares to Demat | 26 December 2023 |
| RBZ Jewellers Ltd IPO Listing Date | 27 December 2023 |
RBZ Jewellers Ltd IPO Details
| RBZ Jewellers Ltd IPO Date | 19 December 2023 to 21 December 2023 |
| RBZ Jewellers Ltd IPO Face Value | ₹10 per share |
| RBZ Jewellers Ltd IPO Price | ₹95 to ₹100 per share |
| RBZ Jewellers Ltd IPO Lot Size | 150 |
| Issue Size | Shares of ₹10 (aggregating up to ₹100 Cr) |
| Fresh Issue | Shares of ₹10 (aggregating up to ₹100 Cr) |
| Offer for Sale | - |
| Issue Type | (Book Built Portion) |
| Listing At | BSE, NSE |
| QIB Shares Offered | Not more than 14,00,000 of the Net Offer |
| Retail Shares Offered | Not less than 35,00,000 of the Net Offer |
| NII (HNI) Shares Offered | Not less than 30,00,000 of the Net Offer |
| Company Promoters | Rajendrakumar Kantilal Zaveri, Harit Rajendrakumar Zaveri |
RBZ Jewellers Ltd IPO Lot Size
The RBZ Jewellers Ltd IPO lot size is 150 shares. A retail-individual investor can apply for up to 13 lots (1,950 shares or ₹1,95,000).
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Minimum | 1 | 150 | ₹15,000 |
| Maximum | 13 | 1,950 | ₹1,95,000 |
- Strengths
- Risks
- Opportunities
- Organised manufacturing setup under one roof.
- Client mix and geographical spread enhancing understanding of customer preference and emerging trends;
- Design and Innovation in its product range.
- Brand built on the core values of trust, transparency and innovation.
- Effective operations and internal control to achieve efficiency and reduce risks;
- Experienced Promoters with young leadership and a demonstrated track record supported by experienced senior management team and board of directors.
Company Financials
RBZ Jewellers Ltd Financial Information (Restated)
| Period Ended | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 03-2024 | 284.16 | 327.82 | 21.57 |
| 03-2023 | 206.84 | 289.63 | 22.33 |
| 03-2022 | 154.03 | 252.53 | 14.41 |
| Amount in ₹ Crore | |||
Objects of the Issue
The company proposes to utilise the Net Proceeds from the Fresh Issue towards funding the following objects:
- Funding working capital requirements of the company
- General corporate purposes
RBZ Jewellers Ltd IPO Promoter Holding
| Pre Issue Share Holding | 50.98% |
| Post Issue Share Holding | 38.23% |
RBZ Jewellers Ltd IPO Subscription Status (Bidding Detail)
The RBZ Jewellers Ltd IPO is subscribed 16.86 times on 21 December 2023 05:00:00 PM. The public issue subscribed 24.74 times in the retail category, 13.43 times in the QIB category, and 9.27 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | QIB | NII | Retail | Employee | Total |
| Subscription (times) | 13.43 | 9.27 | 24.74 | - | 16.86 |
RBZ Jewellers Ltd IPO Prospectus
RBZ Jewellers Ltd IPO Listing Date
| Listing Date | 27 December 2023 |
| BSE Script | 544060 |
| NSE Symbol | RBZJEWEL |
| Listing In | BSE, NSE |
| ISIN | INE0PEQ01016 |
| IPO Price | ₹100 |
| Face Value | ₹10 |
Company Contact Information
Block D Mondeal Retail ParkNear Rajpath Club SG H.W Iscon,Ahmedabad-380054
Phone: +91-79-6913 5737
Email: cs@rbzjewellers.com
Website: https://www.rbzjewellers.com
RBZ Jewellers Ltd IPO Registrar
RBZ Jewellers Ltd IPO Lead Manager(s)
- Arihant Capital Markets Ltd
FAQ
What is the issue size of RBZ Jewellers Ltd IPO?
I have pre-applied for RBZ Jewellers Ltd IPO. When will my order get placed?
In case of pre-apply, your IPO order will be placed on the Exchange as soon as the official bidding for TBI Corn Ltd IPO begins. You will receive a UPI request within 24 hours after the bidding period opens.