RBZ Jewellers Limited is poised to launch its IPO from December 19th to December 21st, 2023. Renowned as an India-based gold jewellery manufacturer specializing in crafting exquisite antique designs, the company aims to raise Rs 100.00 crores through a book-built issue. This offering comprises entirely fresh shares totaling 1 crore. The share allotment is scheduled for December 22nd, 2023, with the IPO slated for listing on December 27th on various stock exchanges. The price band for the IPO ranges from Rs. 95 to Rs. 100 per share, with a lot size set at 150 shares.
Arihant Capital Markets Ltd holds the position of book-running lead managers for this IPO, while Bigshare Services Pvt Ltd acts as the registrar.
Established in April 2008, RBZ Jewellers Limited stands as a prominent Indian gold jewellery manufacturer, specializing in the intricate artistry of ancient designs. The company boasts an extensive catalogue of ancient gold jewellery adorned with kundan, meena, and jadau work, catering to both wholesale and retail markets.
With a widespread reach, the company's wholesale clientele comprises esteemed family jewelers spanning 19 states and 72 cities across India. Notably, in FY23, RBZ Jewellers Limited secured significant partnerships with leading entities such as Titan Company Limited, Malabar Gold Private Limited, Joyalukkas India Limited, Senco Gold Limited, Hazoorilal Jewellers Private Limited, and other esteemed organizations, solidifying its position as a top-volume supplier within the industry.
RBZ Jewellers Limited is gearing up for its IPO scheduled to be available for subscription from December 19th to December 21st, 2023. Allocation of shares is set for December 22nd, 2023, with the IPO slated for listing on the stock exchanges on December 27th, 2023.
| IPO Open Date | 19th December 2023 (Tuesday) |
| IPO Close Date | 21st December 2023 (Thursday) |
| Allotment Date | 22nd December 2023 (Friday) |
| Initiation of Refunds | 26th December 2023 (Tuesday) |
| Credit to Demat Account | 26th December 2023 (Tuesday) |
| Listing Date | 27th December 2023 (Wednesday) |
| Deadline for UPI mandate confirmation | 5 PM on 21st December 2023 (Thursday) |
| IPO Date | 19th to 21st December 2023 |
| Listing Date | 27th December 2023 |
| Face Value | Rs. 10 per share |
| Price Band | Rs. 95 to Rs. 100 per share |
| Lot Size | 150 Shares |
| Total Issue Size | 10,000,000 shares (aggregating up to Rs. 100.00 Cr) |
| Fresh Issue | 10,000,000 shares (aggregating up to Rs. 100.00 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | NSE and BSE |
| Share holding pre issue | 30,000,000 |
| Share holding post issue | 40,000,000 |
RBZ Jewellers Limited witnessed a notable upsurge in revenue, marking a 14.69% increase, while their profit after tax (PAT) experienced substantial growth, soaring by 55.03% in the fiscal year ending on March 31, 2023, compared to the preceding fiscal year concluding on 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 |
| Revenue | 125.52 | 289.63 | 252.53 | 289.63 |
| 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 Rs. Crore | ||||
What is RBZ Jewellers IPO?
The RBZ Jewellers IPO constitutes a main-board offering, comprising 10,000,000 equity shares at a face value of Rs. 10, totaling Rs. 100.00 Crores. Priced in the range of Rs. 95 to Rs. 100 per share, the minimum order quantity stands at 150 shares. The IPO subscription window opens on December 19, 2023, and concludes on December 21, 2023.
When RBZ Jewellers IPO will open for apply?
The RBZ Jewellers IPO is scheduled to open for application on December 19, 2023.
What are the minimum lot size and investment needed for participating in the RBZ Jewellers IPO?
The RBZ Jewellers IPO mandates a minimum lot size of 150 shares, necessitating an investment totaling Rs. 14,250.
When is RBZ Jewellers IPO allotment date?
The allotment date for the RBZ Jewellers IPO is expected to be finalized on Friday, December 22, 2023.
What is the RBZ Jewellers IPO listing date?
The RBZ Jewellers IPO is anticipated to be listed on the NSE and BSE platform with a tentative listing date set for Wednesday, December 27, 2023.
What is the price band of RBZ Jewellers IPO?
The price band for the RBZ Jewellers IPO is set between Rs. 95 to Rs. 100 per share.
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