RBZ Jewellers Limited (MAINBOARD)
December 19, 2023 – December 21, 2023
| Price | ₹95 - ₹100 |
| Premium | ₹0 |
|---|---|
| Lot size | 150 |
| Allotment | Dec 22, 2023 |
| Listing | Dec 27, 2023 |
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/
Last Updated as on 21-Dec-2023 17:54:00
| Category | Offered | Applied | Times |
|---|---|---|---|
| QIBs | 1400000 | 18797250 | 13.43 |
| HNIs | 3000000 | 27796950 | 9.27 |
| HNIs (10+L) | 2000000 | 13588950 | 6.79 |
| HNIs (2-10L) | 1000000 | 14208000 | 14.21 |
| Retail | 3500000 | 86589000 | 24.74 |
| Total | 7900000 | 133183200 | 16.86 |
| Total Application : 508,012 | |||
| QIB Cost (7 Days) per share | |||||
|---|---|---|---|---|---|
| @7% ₹1.8 | @8% ₹2.06 | @9% ₹2.32 | @10% ₹2.58 | @11% ₹2.83 | @12% ₹3.09 |
| Category | Lot(s) | Qty | Amount | Reserved |
|---|---|---|---|---|
| Retail | 1 | 150 | 15000 | 23333 |
| sHNI | 14 | 2100 | 210000 | 238 |
| bHNI | 67 | 10050 | 1005000 | 476 |
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.
RBZ Jewellers IPO Details
| Issue Size | 10,000,000 shares (aggregating up to ₹ 100 Cr) |
| Fresh Issue | 10,000,000 shares (aggregating up to ₹[100] Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE, NSE |
| Share holding pre issue | 30,000,000 |
| Share holding post issue | 40,000,000 |
RBZ Jewellers IPO Reservation
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | Not more than 50% of the Net Issue |
| Retail Shares Offered | Not less than 35% of the Net Issue |
| NII (HNI) Shares Offered | Not less than 15% of the Net Issue |
Company Financials
RBZ Jewellers Limited Financial Information (Restated)
RBZ Jewellers Limited's revenue increased by 14.69% and profit after tax (PAT) rose by 55.03% between the financial year ending with March 31, 2023 and March 31, 2022.
| Period | Mar 2023 | Mar 2022 | Mar 2021 |
| Assets | 206.84 | 154.03 | 123.74 |
| Revenue | 289.63 | 252.53 | 289.63 |
| Profit | 22.33 | 14.41 | 9.75 |
| Net Worth | 92.47 | 70.03 | 55.55 |
| Reserves | 61.93 | 65.60 | 51.19 |
| Borrowing | 95.79 | 59.71 | 54.90 |
| Amount in ₹ Crore | |||