IPO

RBZ Jewellers Limited IPO

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Gems, Jewellery And Watches

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

₹ 15000 /150 Shares

Check Allotment

19 Dec, 2023

Open Date

21 Dec, 2023

Close Date

22 Dec, 2023

Allotment Date

27 Dec, 2023

Listing Date
Price Summary

Last Closing

138.24 (38.24%)

52 Week High

251.68

52 Week Low

125.50

Last Update

19-Dec-2025 3:30 PM
RBZ Jewellers Limited IPO Issue Details
  • Issue Price ₹95-100 per equity share
  • Face Value ₹10 Per Equity Share
  • Issue Price 10,000,000 shares(aggregating up to ₹100 Cr)
  • Listing at BSE, NSE
  • List Price 100.0(NSE)
  • Listing Date 2023-12-27
  • Lead Manager Arihant Capital Markets Ltd
  • Registrar Bigshare Services Pvt Ltd
RBZ Jewellers Limited IPO Details
  • Retail Portion 35% (Number of Retail Applications: 23,333 Approx),
    (Number of S-HNI Applications : 238 Approx),
    (Number of B-HNI Applications : 476 Approx)
RBZ Jewellers Limited IPO Documents
DRHP
RHP
ANCHOR
RBZ Jewellers Limited IPO Details


The IPO of RBZ Jewellers Limited is priced at ₹95-100 per equity share, which has a face value of ₹10 Per Equity Share each, IPO bidding starts from Dec 19, 2023 and ends on Dec 21, 2023. The allotment for RBZ Jewellers Limited IPO will be finalized on Dec 22, 2023. RBZ Jewellers Limited IPO will be listed on BSE, NSE, with a tentative listing date fixed as Dec 27, 2023. The company shall list its equity shares on the BSE, NSE. Bigshare Services Pvt Ltd is the registrar of the issue.

The book-running lead manager for the IPO is/are Arihant Capital Markets Ltd.


The RBZ Jewellers Limited IPO sets its price band at 95-100 for each share. A single application for RBZ Jewellers Limited IPO must contain at least 150 shares.

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RBZ Jewellers Limited IPO Subscription Analysis And Details
Retail
24.67x
QIB
13.43x
NII
9.26x
bNII
6.79x
sNII
14.20x
Total
16.83x
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
Subscription on the basis of Applications
21.62
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
In Crs.
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 RBZ Jewellers Limited 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.

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RBZ Jewellers Limited - Promoter(s)

Rajendrakumar Kantilal Zaveri

Harit Rajendrakumar Zaveri

Pre Issue Share Holding : 100%

Post Issue Share Holding : 75%

RBZ Jewellers Limited IPO - Issue Objectives
1

Funding working capital requirements of the Company

2

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.