RBZ Jewellers Ltd. IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| QIB | — | 3,500,000 (35%) | — | ₹3,500 Cr |
| NII (HNI) | — | 3,000,000 (30%) | — | ₹3,000 Cr |
| Retail | — | 3,500,000 (35%) | — | ₹3,500 Cr |
| Σ Total | — | 10,000,000 (100%) | — | ₹100,000 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 150 | ₹15,000 |
| Retail (Max) | 13 | 1,950 | ₹195,000 |
| S-HNI (Min) | 14 | 2,100 | ₹210,000 |
| B-HNI (Min) | 67 | 10,050 | ₹1,005,000 |
Financial Statements Amount in Crore
| Metric | 30 Sep 2023 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|
| Revenue | 126 | 290 | 253 |
| Profit After Tax | 12 | 22 | 14 |
| Net Worth | 105 | 92 | 70 |
| Total Assets | 235 | 207 | 154 |
| Reserves & Surplus | 74 | 62 | 66 |
| Total Borrowing | 102 | 96 | 60 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- Funding working capital requirements of the Company –
- General Corporate Purposes –
Company Overview
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.