Last updated on December 27, 2023
RBZ Jewellers IPO Description – Established in 2008, RBZ Jewellers has emerged as a prominent organized gold jewelry manufacturer in India. The company specializes in the production of Antique Gold Jewellery, supplying its distinctive creations to well-established retailers across the nation and key regional players in the Indian market.
RBZ Jewellers 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. It also processes and supplies Antique Gold Jewellery on a work basis to national retailers. The 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. The company started its journey with a workforce of only eight persons and it has over some time, increased the workforce to 185 employees. It also has a permitted capacity of 250 artisans for the manufacturing facility.
Promoters of RBZ Jewellers – Rajendrakumar Kantilal Zaveri and Harit Rajendrakumar Zaveri
RBZ Jewellers IPO Details
| RBZ Jewellers IPO Dates | 19 – 21 December 2023 |
| RBZ Jewellers IPO Price | INR 95 – 100 per share |
| Fresh issue | 10,000,000 Shares (INR 95 – 100 crore) |
| Offer For Sale | Nil |
| Total IPO size | 10,000,000 Shares (INR 95 – 100 crore) |
| Minimum bid (lot size) | 150 shares (INR 15,000) |
| Face Value | INR 10 per share |
| Retail Allocation | 35% |
| Listing On | BSE, NSE |
RBZ Jewellers Financial Performance
| Â | FY 2021 | FY 2022 | FY 2023 | H1 FY 2024 |
| Revenue | 106.99 | 252.11 | 287.93 | 125.46 |
| Expenses | 94.33 | 232.91 | 259.86 | 109.28 |
| Net income | 9.75 | 14.41 | 22.33 | 12.09 |
| Margin (%) | 9.11 | 5.72 | 7.76 | 9.64 |
RBZ Jewellers Offer News
- RBZ Jewellers RHP
- RBZ Jewellers DRHP
- ASBA IPO Forms
- Live IPO Subscription Status
- IPO Subscription Status
RBZ Jewellers Valuations & Margins
| FY 2021 | FY 2022 | FY 2023 | |
| EPS | 3.12 | 4.80 | 7.44 |
| PE ratio | – | – | 12.77 – 13.44 |
| RONW (%) | 17.55 | 20.57 | 24.15 |
| NAV | – | – | 30.82 |
| ROCE (%) | 16.82 | 19.06 | 20.08 |
| EBITDA (%) | 19.78 | 10.79 | 13.71 |
| Debt/Equity | 0.97 | 0.84 | 1.02 |
RBZ Jewellers IPO GMP Today (Daily Trend)
| Date | Day-wise IPO GMP | Kostak | Subject to Sauda |
| 26 December 2023 | – | – | – |
| 23 December 2023 | – | – | – |
| 19 December 2023 | 7 | – | – |
| 18 December 2023 | 10 | – | – |
RBZ Jewellers IPO Subscription – Live Updates
| Category | QIB | NII | Retail | Total |
|---|---|---|---|---|
| Shares Offered | 1,400,000 | 3,000,000 | 3,500,000 | 7,900,000 |
| 21 Dec 2023 | 13.43 | 9.23 | 24.30 | 16.65 |
| 20 Dec 2023 | 0.05 | 3.49 | 13.14 | 7.15 |
| 19 Dec 2023 | 0.00 | 0.71 | 4.55 | 2.28 |
RBZ Jewellers IPO Allotment Status
RBZ Jewellers IPO allotment status is now available on Bigshare Services’ website. Click on this link to get allotment status.
RBZ Jewellers IPO Dates & Listing Performance
| RBZ Jewellers IPO Opening Date | 19 December 2023 |
| RBZ Jewellers IPO Closing Date | 21 December 2023 |
| Finalization of Basis of Allotment | 22 December 2023 |
| Initiation of refunds | 26 December 2023 |
| Transfer of shares to demat accounts | 26 December 2023 |
| RBZ Jewellers IPO Listing Date | 27 December 2023 |
| Opening Price on NSE | INR 100 per share (no change) |
| Closing Price on NSE | INR 105 per share (up 5%) |
RBZ Jewellers IPO Reviews – Subscribe or Avoid?
Angel One –
Anand Rathi –
Antique Stock Broking –
Arihant Capital –
Ashika Research –
Asit C Mehta –
Axis Capital – Not rated
BP Wealth – Subscribe
Canara Bank Securities – Subscribe
Choice Broking –
Capital Market – Neutral
Dalal & Broacha –
Elite Wealth –
GCL Broking –
Geojit –
GEPL Capital – Subscribe
Hem Securities – Subscribe
ICICIdirect –
Jainam Broking –
KR Choksey –
LKP Research –
Marwadi Financial –
Motilal Oswal –
Nirmal Bang –
Reliance Securities –
Religare Broking –
Samco Securities – Not Rated
SMC Global – 1/5
Swastika Investment – May Apply
Ventura Securities – Not Rated
RBZ Jewellers Offer Lead Manager
ARIHANT CAPITAL MARKETS LIMITED
1011 Building No. 10, Solitaire Corporate Park,
Guru Hargovindji Road, Chakala, Andheri (E), Mumbai – 400 093
Phone: 022-42254800
Email:Â [email protected]
Website:Â www.arihantcapital.com
RBZ Jewellers Offer Registrar
BIGSHARE SERVICES PRIVATE LIMITED
1st Floor, Bharat Tin Works Building,
Makwana Road, Marol, Andheri East, Mumbai – 400 059
Phone:Â +91 22 6263 8200
Email:Â Â [email protected]
Website:Â www.bigshareonline.com
RBZ Jewellers Contact Details
RBZ JEWELLERS LIMITED
Block-D, Mondeal Retail Park, Near Rajpath Club,
S.G. Highway, Beside Iscon Mall, Ahmedabad, Gujarat-380054
Phone:Â +91- 79-29915740
Email:Â [email protected]
Website: www.rbzjewellers.com
RBZ Jewellers IPO FAQs
How many shares in RBZ Jewellers IPO are reserved for HNIs and retail investors?
The investors’ portion for QIB – 50%, NII – 15%, and Retail – 35%.
How to apply in RBZ Jewellers Public Offer?
The best way to apply in RBZ Jewellers public offer is through Internet banking ASBA (know all about ASBA here). You can also apply online through your stock broker using UPI. If you prefer to make paper applications, fill up an offline IPO form and deposit the same to your broker.
What is RBZ Jewellers IPO GMP today?
RBZ Jewellers IPO GMP today is INR NA per share.
What is RBZ Jewellers kostak rate today?
RBZ Jewellers kostak rate today is INR NA per application.
What is RBZ Jewellers Subject to Sauda rate today?
RBZ Jewellers Subject to Sauda rate today is INR NA per application.
