✓
Open
19 Dec 2023
✓
Close
21 Dec 2023
3
Allotment
—
✓
Listing
Wed, Dec 27, 2023
Price Band
₹95 to ₹100
Issue Size
1,00,00,000 shares (agg. up to ₹100 Cr)
Lot Size
150 Shares
Listing Date
Wed, Dec 27, 2023
Latest GMP
₹0
Est. Gain
0%
✦ AI Insight
GMP Trend
27-12-2023₹0Est. ₹100+0%
26-12-2023₹0Est. ₹100+0%
25-12-2023₹0Est. ₹100+0%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 13.58x |
Restated Financials (₹ Cr.)
| 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 |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Motisons Jewellers Ltd. | Mainboard | ₹151.09 Cr | ₹55 | 17.59 | ₹103.55 | +88.27% | ₹13.99 (-0.50%) |
| Manoj Vaibhav Gems 'N' Jewellers Ltd. | Mainboard | ₹270.20 Cr | ₹215 | 11.74 | ₹215.50 | +0.23% | ₹155.65 (-3.14%) |
| Senco Gold Ltd. | Mainboard | ₹405.00 Cr | ₹317 | 15.53 | ₹405.30 | +27.85% | ₹364.55 (-0.23%) |
| Shoora Designs Ltd. | SME | ₹2.03 Cr | ₹48 | 35.82 | ₹95.76 | +99.50% | ₹87.02 (-1.99%) |
| Khazanchi Jewellers Ltd. | SME | ₹96.74 Cr | ₹140 | 45.75 | ₹149.40 | +6.71% | ₹631.45 (+0.17%) |
| Dev Labtech Venture Ltd. | SME | ₹11.22 Cr | ₹51 | 32.9 | ₹50.21 | -1.55% | ₹19.51 (-0.46%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding working capital requirements of the Company | 80.75 |
| 2 | General Corporate Purposes | 8.27 |
| Total | 89.02 |
About RBZ Jewellers IPO
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.+ Read More
Contact Details
RBZ Jewellers Ltd. AddressBlock-D, Mondeal Retail Park, Near Rajpath ClubS.G.HighwayBeside Iscon MallAhmedabad, Gujarat, 380054+91-79-29915740cs@rbzjewellers.comVisit Website