Free Equity Delivery
Flat ₹10 per Trade in Intraday & F&O
RBZ Jewellers IPO is a book build issue of ₹100.00 crores. The issue is entirely a fresh issue of 1.00 crore shares of ₹100.00 crore.
RBZ Jewellers IPO bidding started from Dec 19, 2023 and ended on Dec 21, 2023. The allotment for RBZ Jewellers IPO was finalized on Dec 22, 2023. The shares got listed on BSE, NSE on Dec 27, 2023.
RBZ Jewellers IPO price band is set at ₹100.00 per share . The lot size for an application is 150. The minimum amount of investment required by an retail is ₹14,250 (150 shares). The lot size investment for sNII is 14 lots (2,100 shares), amounting to ₹2,10,000, and for bNII, it is 67 lots (10,050 shares), amounting to ₹10,05,000.
Arihant Capital Markets Ltd. is the book running lead manager and Bigshare Services Pvt.Ltd. is the registrar of the issue.
Refer to RBZ Jewellers IPO RHP for detailed Information.
| IPO Date | December 19, 2023 to December 21, 2023 |
| Listing Date | December 27, 2023 |
| Face Value | ₹10 per share |
| Issue Price Band | ₹95 to ₹100 per share |
| Issue Price Final | ₹100 per share |
| Lot Size | 150 Shares |
| Sale Type | Fresh Capital |
| Total Issue Size | 1,00,00,000 shares (aggregating up to ₹100.00 Cr) |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Share Holding Post Issue | 4,00,00,000 shares |
RBZ Jewellers IPO offers total 1,00,00,000 shares. Out of which 35,00,000 (35.00%) allocated to QIB, 14,00,000 (14.00%) allocated to QIB, 30,00,000 (30.00%) allocated to NII, 35,00,000 (35.00%) allocated to RII and 21,00,000 (21.00%) allocated to Anchor investors.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| QIB Shares Offered | 35,00,000 (35.00%) | NA |
| − Anchor Investor Shares Offered | 21,00,000 (21.00%) | NA |
| − QIB (Ex. Anchor) Shares Offered | 14,00,000 (14.00%) | NA |
| NII (HNI) Shares Offered | 30,00,000 (30.00%) | NA |
| − bNII > ₹10L | 20,00,000 (20.00%) | 952 |
| − sNII < ₹10L | 10,00,000 (10.00%) | 476 |
| Retail Shares Offered | 35,00,000 (35.00%) | 23,333 |
| Total Shares Offered | 1,00,00,000 (100.00%) |
RBZ Jewellers IPO raises ₹21.00 crore from anchor investors. RBZ Jewellers IPO Anchor bid date is December 18, 2023. RBZ Jewellers IPO Anchor Investors list
| Bid Date | December 18, 2023 |
| Shares Offered | 21,00,000 |
| Anchor Portion Size (In Cr.) | 21.00 |
| Anchor lock-in period end date for 50% shares (30 Days) | January 21, 2024 |
| Anchor lock-in period end date for remaining shares (90 Days) | March 21, 2024 |
RBZ Jewellers IPO opens on December 19, 2023, and closes on December 21, 2023.
| IPO Open Date | Tue, Dec 19, 2023 |
| IPO Close Date | Thu, Dec 21, 2023 |
| Tentative Allotment | Fri, Dec 22, 2023 |
| Initiation of Refunds | Tue, Dec 26, 2023 |
| Credit of Shares to Demat | Tue, Dec 26, 2023 |
| Tentative Listing Date | Wed, Dec 27, 2023 |
| Cut-off time for UPI mandate confirmation | 5 PM on Thu, Dec 21, 2023 |
Investors can bid for a minimum of 150 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Individual Investors (Retail) and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 150 | ₹15,000 |
| Retail (Max) | 13 | 1,950 | ₹1,95,000 |
| S-HNI (Min) | 14 | 2,100 | ₹2,10,000 |
| S-HNI (Max) | 66 | 9,900 | ₹9,90,000 |
| B-HNI (Min) | 67 | 10,050 | ₹10,05,000 |
Note : The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue
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.
RBZ Jewellers Limited's revenue increased by 14.69% and profit after tax (PAT) rose by 55.03% between the financial year ending with March 31, 2023 and March 31, 2022.
| Period Ended | 30 Sep 2023 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
| Assets | 234.76 | 206.84 | 154.03 | 123.74 |
| Total Income | 125.52 | 289.63 | 252.53 | 107.71 |
| Profit After Tax | 12.09 | 22.33 | 14.41 | 9.75 |
| Net Worth | 104.57 | 92.47 | 70.03 | 55.55 |
| Reserves and Surplus | 74.02 | 61.93 | 65.60 | 51.19 |
| Total Borrowing | 101.84 | 95.79 | 59.71 | 54.90 |
| Amount in ₹ Crore | ||||
The market capitalization of RBZ Jewellers IPO is ₹400.00 Cr.
| KPI | Values |
|---|---|
| ROE | 27.49% |
| ROCE | 27.49% |
| Debt/Equity | 1.02 |
| RoNW | 20.08% |
The Net Proceeds are proposed to be used as under
[Dilip Davda] The company is a manufacturer as well as marketing of gold jewellery. It has its own show room as well as it supplies to many retailers on Pan-India basis. Its financial track record shows steady growth in its top and bottom lines. Based on FY24 annualized earnings, the issue is reasonably priced. Investors may park funds for the medium to long term rewards. Read detail review...
| Listing Date | December 27, 2023 |
| BSE Script Code | 544060 |
| NSE Symbol | RBZJEWEL |
| ISIN | INE0PEQ01016 |
| Final Issue Price | ₹100 per share |
| BSE Listing Group | T |
RBZ Jewellers Ltd.
Block-D, Mondeal Retail Park, Near Rajpath Club,
S.G. Highway
Beside Iscon Mall,
Ahmedabad, Gujarat, 380054
Phone: +91-79-29915740
Email: cs@rbzjewellers.com
Website: https://rbzjewellers.com/
Bigshare Services Pvt.Ltd.
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/IPO_Status.html
RBZ Jewellers IPO is a main-board IPO of 1,00,00,000 equity shares of the face value of ₹10 aggregating up to ₹100.00 Crores. The issue is priced at ₹100 per share. The minimum order quantity is 150.
The IPO opens on December 19, 2023, and closes on December 21, 2023.
Bigshare Services Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
Zerodha customers can apply online in RBZ Jewellers IPO using UPI as a payment gateway. Zerodha customers can apply in RBZ Jewellers IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in RBZ Jewellers IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The RBZ Jewellers IPO opens on December 19, 2023 and closes on December 21, 2023.
RBZ Jewellers IPO lot size is 150, and the minimum amount required for application is ₹15,000.
You can apply in RBZ Jewellers IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for RBZ Jewellers IPO will be done on Friday, December 22, 2023, and the allotted shares will be credited to your demat account by Tuesday, December 26, 2023. Check the RBZ Jewellers IPO allotment status.
The RBZ Jewellers IPO listing date is on Wednesday, December 27, 2023.
Useful Articles
RHP