RBZ Jewellers Limited IPO
- IPO Date19 Dec, 2023 to 21 Dec, 2023
- Listing Date27 Dec, 2023
- Face Value₹10 per share
- Issue Price₹95 to ₹100 per share
- Lot Size150 Shares
- Minimum Investment₹15,000
- Listing AtBSE, NSE
- Total Issue Size1,00,00,000 Shares
(aggregating up to ₹100.00 Cr) - Fresh Issue1,00,00,000 Shares
(aggregating up to ₹100.00 Cr)
- Offer for Sale-
- Issue TypeBook Built Issue IPO
- Share holding pre issue3,00,00,000
- Shareholding post issue4,00,00,000
IPO Dates
Closing Date
21 Dec, 2023
Initiation of Refunds
26 Dec, 2023
Listing Date
27 Dec, 2023
19 Dec, 2023
Opening Date
22 Dec, 2023
Basis of Allotment
26 Dec, 2023
Credit of Shares
RBZ Jewellers Limited Lot Size
Investors can bid for a minimum of 150 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 150 | ₹15,000 |
| B-HNI (Min) | 67 | 10050 | ₹10,05,000 |
| S-HNI (Max) | 66 | 9900 | ₹9,90,000 |
| S-HNI (Min) | 14 | 2100 | ₹2,10,000 |
| Retail (Max) | 13 | 1950 | ₹1,95,000 |
RBZ Jewellers Limited Promoter Holding
The promoters of the company are Rajendrakumar Kantilal Zaveri and Harit Rajendrakumar Zaveri
| Pre Issue Share Holding | Post Issue Share Holding |
|---|---|
| 100% | 75% |
Key Performance Indicator
RBZ Jewellers IPO Market Cap is Rs 400 Cr and P/E (x) is 13.77.
| KPI | Values |
|---|---|
| ROE | 27.49% |
| ROCE | 27.49% |
| RoNW | 20.08% |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (Rs) | 13.77 | 7.44 |
| P/E (x) | 13.77 | 7.44 |
RBZ Jewellers Limited COMPANY INFORMATION
RBZ Jewellers IPO is a book built issue of Rs 100.00 crores. The issue is entirely a fresh issue of 1 crore shares. RBZ Jewellers IPO bidding started from December 19, 2023 and ended on December 21, 2023. The allotment for RBZ Jewellers IPO was finalized on Friday, December 22, 2023. RBZ Jewellers IPO will be listed on BSE, NSE on December 27, 2023. RBZ Jewellers IPO price band is set at ₹95 to ₹100 per share. The minimum lot size for an application is 150 Shares. The minimum amount of investment required by retail investors is ₹15,000. The minimum lot size investment for sNII is 14 lots (2,100 shares), amounting to ₹210,000, and for bNII, it is 67 lots (10,050 shares), amounting to ₹1,005,000. Arihant Capital Markets Ltd is the book running lead manager of the RBZ Jewellers IPO, while Bigshare Services Pvt Ltd is the registrar for the issue. Refer to RBZ Jewellers IPO RHP for detailed information.
Incorporated in April 2008, RBZ Jewellers Limited is an India-based gold jewellery manufacturer specialising in the creation of antique designs. The company designs and manufactures a wide range of antique gold jewellery consisting of jadau, meena and kundan work and sells it on wholesale and retail basis.
The company's wholesale customer base includes reputed national, regional and local family jewellers across 19 states and 72 cities in India.
RBZ Jewellers Limited also operates its retail showroom under the brand name "Harit Zaveri" and is a leading player in Ahmedabad.
The manufacturing facility has a permitted capacity of 250 artisans and employs 185 sales personnel.
RBZ Jewellers Limited's manufacturing facility in Ahmedabad, Gujarat can design and manufacture gold jewellery under one roof. The manufacturing facility has an area of 23,966 sq. ft and is owned by RBZ Jewellers.
The company's major customers by volume in FY23 are Titan Company Limited, Malabar Gold Private Limited, Joyalukkas India Limited, Senco Gold Limited, Hazoorilal Jewellers Private Limited and others.
FAQs About Rbz Jewellers Limited Ipo
RBZ Jewellers Limited IPO will open on 19 Dec, 2023 and close on 21 Dec, 2023. Investors must apply within this period to participate.
The RBZ Jewellers Limited IPO price band is set between ₹95.00 and ₹100.00 per share. The minimum lot size is 150, requiring an investment of at least ₹15000.00.
The RBZ Jewellers Limited IPO shares are expected to be listed on 27 Dec, 2023, subject to regulatory approvals and final allotment.
You can track your RBZ Jewellers Limited IPO application status on the registrar’s website: Link Intime or KFintech using your PAN, application number, or DP ID
The RBZ Jewellers Limited IPO will be listed on major stock exchanges such as NSE and BSE, where you can trade shares once they are listed.