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RBZ Jewellers IPO

RBZ Jewellers IPO

  • Status: Closed
  • RHP:
  • ₹ 14,250 / 150 shares

    Minimum Investment

IPO Listing Details

  • Listing Date

    27 Dec 2023

  • Listing Price

    ₹100.00

  • Listing Change

    0.00%

  • Last Traded Price

    ₹180.77

IPO Details

  • Open Date

    19 Dec 2023

  • Close Date

    21 Dec 2023

  • IPO Price Range

    ₹ 95 to ₹ 100

  • IPO Size

    ₹ 100 Cr

  • Listing Exchange

    BSE, NSE

  • Listing Date

    27 Dec 2023

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RBZ Jewellers IPO Subscription Status

Last Updated: 22 December 2023 10:45 AM by 5Paisa

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:

 

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

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


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.
 

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FAQs

The minimum lot size of RBZ Jewellers IPO is 150 shares and the investment required is ₹14,250.
.

The price band of RBZ Jewellers IPO is ₹95 to ₹100 per share.

The RBZ Jewellers IPO is open from 19th December to 21st December 2023.
 

The size of RBZ Jewellers IPO is around ₹100 cr. 

The share allotment date of RBZ Jewellers IPO is 22nd of December 2023.

The RBZ Jewellers IPO will be listed on the 27th of December 2023.

Arihant Capital Markets Ltd is the book-running lead manager for RBZ Jewellers IPO.

The Net Proceeds are proposed to be used as under:

●    Funding working capital requirements of the Company 
●    General Corporate Purposes

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.