About
- Leading Organised Manufacturers:
- Specialization in Antique Gold Jewellery
- Distribution to nation-wide retailers and significant regional players in India
- Fifteen Years in the Industry:
- History of over 15 years in the jewellery industry
- Wide Range of Antique Gold Jewellery:
- Designs include jadau, Meena, and Kundan work
- Wholesale and retail sales
- Job Work for National Retailers:
- Processing and supplying Antique Gold Jewellery on a job work basis
- Diverse Wholesale Customer Base:
- Serving reputed national, regional, and local family jewellers
- Presence in 19 States and 72 cities across India
- Retail Showroom – “Harit Zaveri”:
- Leading player in Ahmedabad
- Offers jewellery for bridal, occasional, and daily wear at various price ranges
- International Presence:
- Export of jewellery to the Middle East region
- Modern Manufacturing Facility:
- Well-equipped facility in Ahmedabad, Gujarat
- Advanced technologies in casting, laser, and 3-D printing
- Prominent Retail Showroom Location:
- Showroom situated in a prominent area of Ahmedabad, Gujarat.
Table of Contents
RBZ Jewellers IPO details
Key Details
Information about RBZ Jewellers IPO presented in bullet points:
- Issue Size: ₹100.00 crores
- Type: Book built issue
- Number of Shares: Initial Public Offer of 1,00,00,000 Equity shares
- Subscription Period: 19 – 21 Dec 2023
- Allotment Date: Expected on Friday, December 22, 2023
- Listing Date: Tentatively set for Wednesday, December 27, 2023
- Price Band: ₹95 to ₹100 per share
- Minimum Lot Size: 150 shares
- Retail Investor Minimum Investment: ₹15,000
- sNII (Non-Institutional Investors) Minimum Lot Size: 14 lots (2,100 shares), amounting to ₹210,000
- bNII (Non-Institutional Investors) Minimum Lot Size: 67 lots (10,050 shares), amounting to ₹1,005,000.
| IPO Date | 19 – 21 Dec 23 |
| Issue Size | ₹100.00 Cr (Initial Public Offer of 1,00,00,000 Equity shares) |
| Lot Size | 150 shares |
| Price Range | ₹95- ₹100 per share |
| Face Value | ₹10 per share |
| Issue Type | 100% book building |
| Cut-off time for UPI Mandate Confirmation | 21-Dec-2023 (upto 5:00 PM) The new cut-off time for UPI mandate acceptance is 05:00 PM on last day of IPO bidding. |
Lot Size
| Application | Lots | Shares | Price |
|---|---|---|---|
| Retail(min) | 1 | 150 | ₹15,000 |
| Retail (max) | 13 | 1950 | ₹1,95,000 |
| Small HNI (min) | 14 | 2100 | ₹2,10,000 |
| Small HNI (max) | 66 | 9900 | ₹9,90,000 |
| Big HNI (min) | 67 | 10050 | ₹10,05,000 |
Important Dates
RBZ Jewellers Limited IPO opens on 19 Dec 23 and closes on 21 Dec 23
| IPO opening date | 19 Dec 23, Tuesday (10:00 AM) |
| IPO closing date | 21 Dec 23, Thursday (05:00 PM) |
| Basis of allotment | 22 Dec 23, Friday |
| Initiation of Refunds | 26 Dec 23, Tuesday |
| Credit of Shares to Demat | 26 Dec 23, Tuesday |
| Listing Date | 27 Dec 23, Wednesday |
Company Financial Report
| Total Assets | Total Revenue | Profit After Tax | |
|---|---|---|---|
| 31 Mar 23 | 206.84 | 289.63 | 22.33 |
| 31 Mar 22 | 154.03 | 252.53 | 14.41 |
| 31 Mar 21 | 123.74 | 289.63 | 9.75 |
Key Performance Indicators (KPIs)
| KPIs | Value |
|---|---|
| Price to Earning (P/E) | 13.77 |
| Return on capital employed(ROCE) | 20.08% |
| Return on Equity (ROE) | 27.49% |
| Avergage Return On Networth (RoNW) | 24.15% |
| Earning Per Share (EPS) | 7.44 |
The source of the information provided is NSE. We do not guarantee the correctoness of facts and information. It is provided as it available on NSE.
Competitor Analysis
| Company | Market Cap(in Crores) | PE | ROE(%) | ROCE(%) |
|---|---|---|---|---|
| RBZ Jewellers | – | 13.77 | 27.49% | 20.08% |
| Thangamayil Jewellery Ltd | ₹ 3,968 | 35.5 | 22.4 | 16.8 |
| D. P. Abhushan Ltd | ₹ 1,353 | 25.6 | 28.4 | 24.0 |
| Titan Company Ltd | ₹ 3,21,183 | 97.2 | 30.8 | 25.1 |
| Ashapuri Gold Ornament Ltd | ₹ 329 | 137 | 2.18 | 3.12 |
| Sky Gold Ltd | ₹ 1,203 | 39.6 | 21.3 | 17.5 |
| Kalyan Jewellers India Ltd | ₹ 32,617 | 62.9 | 13.5 | 12.7 |
| Senco Gold Ltd | ₹ 5,826 | 36.2 | 19.2 | 15.5 |
Product & Services
source: official website
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