What you must know about RBZ Jewellers IPO?
by 5paisa Research Team
14 Dec 2023
Listing Details
- Listing Exchange BSE, NSE
- Listing Date 27-Dec-23
- IPO Price Range ₹95
- Listing Price ₹100
- Listing Change 0.0 %
- Last Traded Price ₹136.1
- Current Change 36.1 %
RBZ Jewellers IPO Details
- Open Date 19-Dec-23
- Close Date 21-Dec-23
- Lot Size 150
- IPO Size ₹ 100 Cr
- IPO Price Range ₹ 95 to ₹ 100
- Min Investment ₹ 14250
- Listing Exchange BSE, NSE
- Basis of Allotment 22-Dec-23
- Refunds 26-Dec-23
- Credit to Demat Account 26-Dec-23
- Listing Date 27-Dec-23
RBZ Jewellers IPO Subscription Status
| Date | QIB | NII | Retail | TOTAL |
|---|---|---|---|---|
| 19-Dec-23 | 0.00 | 0.71 | 4.59 | 2.30 |
| 20-Dec-23 | 0.05 | 3.50 | 13.35 | 7.25 |
| 21-Dec-23 | 13.43 | 9.27 | 24.74 | 16.86 |
RBZ Jewellers IPO Synopsis
RBZ Jewellers Limited IPO is all set to open from 19th December to 21st December 2023. The company is known for an India-based gold jewellery manufacturer specializing in the creation of antique designs.The IPO includes a book built issue of Rs 100.00 crores. The issue is entirely a fresh issue of 1 crore shares. The share allotment date is 22nd December, and the IPO will be listed on 27th December on the stock exchanges. The price band is ₹95 to ₹100 per share and the lot size is 150 shares.
Arihant Capital Markets Ltd is the book-running lead managers for this IPO, while Bigshare Services Pvt Ltd is the registrar.
Objectives of RBZ Jewellers IPO:
The Net Proceeds are proposed to be used as under
● Funding working capital requirements of the Company
● General Corporate Purposes
RBZ Jewellers IPO Video:
About RBZ Jewellers
RBZ Jewellers Limited, an Indian producer of gold jewellery with a focus on creating ancient styles, was founded in April 2008. The business creates and produces a large selection of ancient gold jewelry with kundan, meena, and jadau work, and it offers it for sale both in wholesale and retail markets.
Reputable national, regional, and local family jewelers from 19 states and 72 cities in India make up the company's wholesale clientele.
Titan Company Limited, Malabar Gold Private Limited, Joyalukkas India Limited, Senco Gold Limited, Hazoorilal Jewellers Private Limited, and other companies are among the company's top volume clients as of FY23.
Peer Comparison
● Thangamayil Jewellery Ltd
● D P Abhushan Limited
● Titan Company Limited
● Ashapuri Gold Ornament Limited
● Sky Gold Limited
For More Information:
Webstory on RBZ Jewellers IPO
Know About RBZ Jewellers IPO
RBZ Jewellers Financial Status
Profit and Loss
Balance Sheet
| Particulars (in Rs. Crores) | FY23 | FY22 | FY21 |
|---|---|---|---|
| Revenue from operations | 287.92 | 252.1 | 106.99 |
| EBITDA | 39.46 | 27.19 | 21.16 |
| PAT | 22.33 | 14.4 | 9.74 |
| Particulars (in Rs. Crores) | FY23 | FY22 | FY21 |
|---|---|---|---|
| Total Assets | 180.66 | 137.31 | 106.47 |
| Share Capital | 30 | 4 | 4 |
| Total Borrowings | 114.37 | 84 | 68.18 |
| Particulars (in Rs. Crores) | FY23 | FY22 | FY21 |
|---|---|---|---|
| Net cash generated from / (used in) operating activities | -11.22 | 0.87 | -2.64 |
| Net cash from / (used in) investing activities | -11.04 | -0.65 | 1 |
| Net cash flow from / (used in) financing activities | 28.11 | -0.87 | 1.69 |
| Net increase (decrease) in cash and cash equivalents | 5.83 | -0.65 | 0.05 |
RBZ Jewellers IPO Key Points
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Strengths
1. The company has its own manufacturing set up consisting of bench working artisans, technology for laser cutting, laser engraving and state of the art casting units.
2. The company has wide reach and presence across India.
3. The company operates on the idea of creating new, innovative and unique designs in its product offerings.
-
Risks
1. The company requires a significant amount of working capital for continued growth. Company's inability to meet its working capital requirements, on acceptable terms, may have an adverse impact on the business, financial condition and results of operations.
2. Company's inability to respond to changes in demands and market trends on time and failure to expand its product offering in a diversified manner may have an adverse effect on the business, results of operations and financial condition.
3. The company does not have exclusive or fixed supply arrangements with any of its suppliers of gold. Any major disruption to the timely and adequate supplies of raw materials could adversely affect the business, results of operations and financial condition.
RBZ Jewellers
How to apply for IPO?
-
Login to your 5paisa account and select the issue in the
current IPO section -
Enter the number of lots and price at which you wish to
apply for -
Enter your UPI ID and click on submit. With this, your
bid will be placed with the exchange -
You will receive a mandate notification to block funds in
your UPI app -
Approve the mandate request on your UPI and funds
will be blocked
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RBZ Jewellers IPO FAQs
What is the minimum lot size and investment required for the RBZ Jewellers IPO?
The minimum lot size of RBZ Jewellers IPO is 150 shares and the investment required is ₹14,250.
.
What is the price band of RBZ Jewellers IPO?
The price band of RBZ Jewellers IPO is ₹95 to ₹100 per share.
When does the RBZ Jewellers IPO opens and closes?
The RBZ Jewellers IPO is open from 19th December to 21st December 2023.
What is the size of the RBZ Jewellers IPO?
The size of RBZ Jewellers IPO is around ₹100 cr.
What is the allotment date of the RBZ Jewellers IPO?
The share allotment date of RBZ Jewellers IPO is 22nd of December 2023.
What is the RBZ Jewellers IPO listing date?
The RBZ Jewellers IPO will be listed on the 27th of December 2023.
Who are the book runners for the RBZ Jewellers IPO?
Arihant Capital Markets Ltd is the book-running lead manager for RBZ Jewellers IPO.
What is the objective of RBZ Jewellers IPO?
The Net Proceeds are proposed to be used as under:
● Funding working capital requirements of the Company
● General Corporate Purposes
How to apply for the RBZ Jewellers IPO?
To apply for RBZ Jewellers IPO, follow the steps given below:
● Login to your 5paisa account and select the issue in the current IPO section
● Enter the number of lots and the price at which you wish to apply for the RBZ Jewellers IPO.
● Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange.
● You will receive a mandate notification to block funds in your UPI app.
Contact Details of RBZ Jewellers IPO
Contact Information
RBZ Jewellers Limited
Block-D, Mondeal Retail Park, Near Rajpath Club,
S.G. Highway
Beside Iscon Mall, Ahmedabad, 380054
Phone: +91-79-29915740
Email: cs@rbzjewellers.com
Website: https://rbzjewellers.com/
RBZ Jewellers IPO Register
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/ipo_status.html
RBZ Jewellers IPO Lead Manager
Arihant Capital Markets Ltd
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