RBZ Jewellers IPO GMP, Price, Date, Allotment

RBZ Jewellers IPO GMP

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.

RBZ Jewellers IPO

Promoters of RBZ Jewellers – Rajendrakumar Kantilal Zaveri and Harit Rajendrakumar Zaveri

RBZ Jewellers IPO Details

RBZ Jewellers IPO Dates19 – 21 December 2023
RBZ Jewellers IPO PriceINR 95 – 100 per share
Fresh issue10,000,000 Shares (INR 95 – 100 crore)
Offer For SaleNil
Total IPO size10,000,000 Shares (INR 95 – 100 crore)
Minimum bid (lot size)150 shares (INR 15,000)
Face Value INR 10 per share
Retail Allocation35%
Listing OnBSE, NSE

RBZ Jewellers Financial Performance

 FY 2021FY 2022FY 2023H1 FY 2024
Net income9.7514.4122.3312.09
Margin (%)9.115.727.769.64
Figures in INR Crores unless specified otherwise

RBZ Jewellers Offer News

RBZ Jewellers Valuations & Margins

FY 2021FY 2022FY 2023
PE ratio12.77 – 13.44
RONW (%)17.5520.5724.15
ROCE (%)16.8219.0620.08
EBITDA (%)19.7810.7913.71
*Compiled by IPO Central from Prospectus

RBZ Jewellers IPO GMP Today (Daily Trend)

DateDay-wise IPO GMPKostakSubject to Sauda
26 December 2023
23 December 2023
19 December 20237
18 December 202310

RBZ Jewellers IPO Subscription – Live Updates

Shares Offered1,400,0003,000,0003,500,0007,900,000
21 Dec 202313.439.2324.3016.65
20 Dec 20230.053.4913.147.15
19 Dec 20230.000.714.552.28

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 Date19 December 2023
RBZ Jewellers IPO Closing Date21 December 2023
Finalization of Basis of Allotment22 December 2023
Initiation of refunds26 December 2023
Transfer of shares to demat accounts26 December 2023
RBZ Jewellers IPO Listing Date27 December 2023
Opening Price on NSEINR 100 per share (no change)
Closing Price on NSEINR 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

1011 Building No. 10, Solitaire Corporate Park,
Guru Hargovindji Road, Chakala, Andheri (E), Mumbai – 400 093
Phone: 022-42254800
Email[email protected]
Website: www.arihantcapital.com

RBZ Jewellers Offer Registrar

1st Floor, Bharat Tin Works Building,
Makwana Road, Marol, Andheri East, Mumbai – 400 059
Phone: +91 22 6263 8200
Email:  [email protected]
Website: www.bigshareonline.com

RBZ Jewellers Contact Details

Block-D, Mondeal Retail Park, Near Rajpath Club,
S.G. Highway, Beside Iscon Mall, Ahmedabad, Gujarat-380054
Phone: +91- 79-29915740
Email: [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.


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