{"id":5444,"date":"2023-12-15T12:59:26","date_gmt":"2023-12-15T07:29:26","guid":{"rendered":"https:\/\/lakshmishree.com\/blog\/?p=5444"},"modified":"2023-12-15T12:59:28","modified_gmt":"2023-12-15T07:29:28","slug":"rbz-jewellers-ipo-details","status":"publish","type":"post","link":"https:\/\/lakshmishree.com\/blog\/rbz-jewellers-ipo-details\/","title":{"rendered":"RBZ Jewellers IPO Details - Complete Overview of RBZ Jewellers Limited IPO"},"content":{"rendered":"\n

RBZ Jewellers IPO Price: <\/strong>\u20b995 - \u20b9100
IPO Date Range:<\/strong> Dec 19, 2023 - Dec 21, 2023<\/p>\n\n\n\n

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\"RBZ<\/figure>\n<\/div><\/div>\n<\/div>\n<\/div>\n\n\n\n
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Foundation & Business Essence:<\/h2>\n\n\n\n

Established in April 2008, RBZ Jewellers Limited operates as an Indian-based gold jewelry manufacturer with a distinct expertise in crafting antique designs. <\/p>\n<\/div>\n<\/div>\n\n\n\n

Product Portfolio:<\/h2>\n\n\n\n

Designing and crafting an extensive array of Antique Gold Jewelry, their collection boasts exquisite jadau, Meena, and Kundan work. Operating on both wholesale and retail fronts, they specialize in processing and delivering Antique Gold Jewelry to national retailers. Additionally, the Company runs its retail showroom known as \"Harit Zaveri,\" establishing itself as a prominent figure in Ahmedabad. <\/p>\n\n\n\n

Network and Presence<\/h2>\n\n\n\n

The company's wholesale clientele spans reputable national, regional, and local family jewelers across 19 states and 72 cities in India. Furthermore, they extend their market reach by exporting jewelry to the Middle East region. All manufacturing operations take place at a state-of-the-art facility in Ahmedabad, Gujarat, equipped with advanced casting, laser, and 3-D printing technologies. <\/p>\n\n\n\n

With a permitted capacity for 250 artisans, the manufacturing facility employs 185 sales personnel. Situated in Ahmedabad, Gujarat, RBZ Jewellers Limited's manufacturing facility boasts the capability to design and craft gold jewelry under one roof, encompassing an expansive area of 23,966 sq. ft, exclusively owned by the company.<\/p>\n\n\n\n

In the fiscal year 2023, major customers by volume for RBZ Jewellers Limited include Titan Company Limited, Malabar Gold Private Limited, Joyalukkas India Limited, Senco Gold Limited, Hazoorilal Jewellers Private Limited, among others.<\/p>\n\n\n\n

Bidding Starts In<\/h2>\n\n\n\n
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DAYS<\/div><\/div>
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HOURS<\/div><\/div>
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MINUTES<\/div><\/div>
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SECONDS<\/div><\/div><\/div>\n\n\n\n
APPLY NOW<\/span><\/path><\/svg>

Dream Big, Start with an IPO. Choose Lakshmishree.<\/p><\/a><\/div>\n\n\n\n

RBZ Jewellers IPO Specifics:<\/h2>\n\n\n\n
IPO Date<\/td>December 19, 2023 to December 21, 2023<\/td><\/tr>
Listing Date<\/td>Wednesday, December 27, 2023<\/td><\/tr>
Face Value<\/td>\u20b910 per share<\/td><\/tr>
Price Band<\/td>\u20b995 to \u20b9100 per share<\/td><\/tr>
Lot Size<\/td>150 shares<\/td><\/tr>
Total Issue Size<\/td> 10,000,000 shares
(aggregating up to \u20b9100.00 Cr)<\/td><\/tr>
Fresh Issue<\/td>10,000,000 shares
(aggregating up to \u20b9100.00 Cr)<\/td><\/tr>
Issue Type<\/td>Book Built Issue IPO<\/td><\/tr>
Listing At<\/td>BSE, NSE<\/td><\/tr>
Share holding pre issue<\/td>30,000,000<\/td><\/tr>
Share holding post issue<\/td>40,000,000<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

RBZ Jewellers IPO Lot Size<\/h2>\n\n\n\n

Investors have the option to bid for a minimum of 150 shares and in multiples of that amount. The table below outlines the minimum and maximum investment amounts for both retail investors and HNIs in terms of shares and value.<\/p>\n\n\n\n

Application<\/th>Lots<\/th>Shares<\/th>Amount<\/th><\/tr><\/thead>
Retail (Min)<\/td>1<\/td>150<\/td>\u20b915,000<\/td><\/tr>
Retail (Max)<\/td>13<\/td>1,950<\/td>\u20b9195,000<\/td><\/tr>
S-HNI (Min)<\/td>14<\/td>2,100<\/td>\u20b9210,000<\/td><\/tr>
S-HNI (Max)<\/td>66<\/td>9,900<\/td>\u20b9990,000<\/td><\/tr>
B-HNI (Min)<\/td>67<\/td>10,050<\/td>\u20b91,005,000<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

RBZ Jewellers IPO Reservation<\/h2>\n\n\n\n
QIB Shares Offered<\/td>Not more than 50% of the Net Issue<\/td><\/tr>
Retail Shares Offered<\/td>Not less than 35% of the Net Issue<\/td><\/tr>
NII (HNI) Shares Offered<\/td>Not less than 15% of the Net Issue<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

RBZ Jewellers IPO Timetable (Important Dates)<\/h2>\n\n\n\n
IPO Open Date<\/td>Tuesday, December 19, 2023<\/td><\/tr>
IPO Close Date<\/td>Thursday, December 21, 2023<\/td><\/tr>
Basis of Allotment<\/td>Friday, December 22, 2023<\/td><\/tr>
Initiation of Refunds<\/td>Tuesday, December 26, 2023<\/td><\/tr>
Credit of Shares to Demat<\/td>Tuesday, December 26, 2023<\/td><\/tr>
Listing Date<\/td>Wednesday, December 27, 2023<\/td><\/tr>
Cut-off time for UPI mandate confirmation<\/td>5 PM on December 21, 2023<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

Don't Miss Out!<\/h2>
<\/div>

Whether you're a seasoned investor or just starting out, Lakshmishree ensures you don't miss out on premier IPO opportunities. Dive into the future of investing with Lakshmishree.<\/p><\/div>\n\n\n\n

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APPLY NOW<\/a><\/div>\n<\/div>\n\n\n\n

RBZ Jewellers Limited IPO Financial Information<\/h2>\n\n\n\n

Between the financial years ending on March 31, 2023, and March 31, 2022, RBZ Jewellers Limited experienced a revenue growth of 14.69%, while their profit after tax (PAT) surged by 55.03%.<\/p>\n\n\n\n

Period Ended<\/th>31 Mar 2021<\/th>31 Mar 2022<\/th>31 Mar 2023<\/th>30 Sep 2023<\/th><\/tr><\/thead>
Assets<\/td>123.74<\/td>154.03<\/td>206.84<\/td>234.76<\/td><\/tr>
Revenue<\/td>289.63<\/td>252.53<\/td>289.63<\/td>125.52<\/td><\/tr>
Profit After Tax<\/td>9.75<\/td>14.41<\/td>22.23<\/td>12.09<\/td><\/tr>
Net Worth<\/td>55.55<\/td>70.03<\/td>92.47<\/td>104.57<\/td><\/tr>
Reserves & Surplus<\/td>51.19<\/td>65.60<\/td>61.93<\/td>74.02<\/td><\/tr>
Total Borrowings<\/td>54.90<\/td>59.71<\/td>95.79<\/td>101.84<\/td><\/tr><\/tbody><\/table>
Amount in \u20b9 Crore<\/small><\/figcaption><\/figure>\n\n\n\n

Key Performance Indicator - RBZ Jewellers IPO<\/h2>\n\n\n\n
KPI<\/th>Values<\/th><\/tr><\/thead>
P\/E (x)<\/td>13.77<\/td><\/tr>
Market Cap (\u20b9 Cr.)<\/td>400<\/td><\/tr>
ROE<\/td>27.49%<\/td><\/tr>
ROCE<\/td>27.49%<\/td><\/tr>
Debt\/ Equity<\/td>1.02<\/td><\/tr>
EPS (Rs)<\/td>7.44<\/td><\/tr>
RoNW<\/td>20.08%<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

Objects of the Issue:<\/strong><\/h2>\n\n\n\n

The Net Proceeds are intended for the following purposes:<\/p>\n\n\n\n