RBZ Jewellers IPO Date, Price, GMP, Review and Best 3 IPOs to Invest

Hello my fellow finance enthusiasts, there is a huge investment opportunity opening up in the near future. Yes, you heard absolutely right. The RBZ Jewellers IPO is going to open soon. So I will give you complete information about RBZ Jewellers IPO here on IPO India.

On this article I will inform you about RBZ Jewellers IPO Date, Price, GMP, Review and Best 3 IPOs to Invest. So without wasting any more time let’s start.

About RBZ Jewellers Ltd.

Established in April 2008, RBZ Jewelers Limited is an Indian company known for its craftsmanship in antique gold jewellery, specializing in the creation of intricate designs such as jadau, enamel and kundan work. Operating in both wholesale and retail sectors, the company has built a strong clientele in the wholesale business by serving reputed national, regional and local family jewelers across 19 states and 72 cities in India. In the retail space, RBZ Jewelers Limited operates a leading showroom under the brand name “Harit Zaveri” and has emerged as a leading player in Ahmedabad’s vibrant jewelery market.

The main center of operations of RBZ Jewelers Limited is at its manufacturing facility located in Ahmedabad, Gujarat, which covers a substantial area of 23,966 sq.ft. This facility, exclusively owned by RBZ Jewellers, is equipped to simultaneously design and manufacture gold jewellery. With a sanctioned capacity of 250 artisans, the company emphasizes its commitment to quality craftsmanship. In addition to its manufacturing prowess, RBZ Jewelers Limited employs 185 salespeople, demonstrating a holistic approach to both the manufacturing and marketing aspects of the business. Overall, RBZ Jewelers Limited emerges as a major player in the Indian gold jewelery sector, combining expertise in antique designs with a wide geographical presence and a vertically integrated manufacturing approach.

RBZ Jewellers IPO GMP

About RBZ Jewellers IPO

Here is some information about RBZ Jewellers IPO which will help you in making a decision to invest in RBZ Jewellers IPO. It appears to be a book-built offer with a total value of Rs ₹100 crore, including a 1 Crore share offer for sale in full.

Summary of the key details

• Issue Size: Rs 100 crores
• Offer for Sale: 1 Crore shares
• Subscription Period: December 19, 2023 to December 21, 2023
• Allotment Date: December 22, 2023
• Listing Date: December 27, 2023

Price Range of RBZ Jewellers IPO

• ₹95 to ₹100 per share

Lot Size of RBZ Jewellers IPO

• Minimum Lot: 150 Shares.
• Minimum Investment for Retail Investors: ₹15,000

Minimum Lot Size Investments for RBZ Jewellers IPO

This information provides potential investors with the details they need to participate in the [Company Name] IPO. It is important to note that investing in IPOs carries risks, and individuals should do their own research or consult financial professionals before making investment decisions.

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RBZ Jewellers IPO

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Valuations of RBZ Jewellers IPO

RBZ Jewellers Financial Information

Promoter(s)

Company Promotor(s):-

1. Rajendrakumar Kantilal Zaveri
2. Harit Rajendrakumar Zaveri

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Key Performance Indicator

Issue Objective(s)

• Funding working capital requirement of the Company.
• General Corporate Purposes.

RBZ Jewellers IPO Registrar

RBZ Jewellers IPO Review

As an investor evaluating the RBZ Jewelers IPO, several key factors stand out. Established in 2008, the company specializes in antique gold jewelery with significant presence in both wholesale and retail across 19 states and 72 cities in India. RBZ Jewelers Limited’s vertically integrated manufacturing approach, coupled with its commitment to quality craftsmanship, positions it as a major player in the Indian gold jewelery sector.

Financially, the company has shown steady growth with a positive trajectory in assets, revenue and profits. Key indicators such as Earnings Per Share (EPS), Return on Net Worth (RoNW), and Return on Capital Employed (ROCE) paint a favorable picture of the financial health of RBZ Jewellers.

However, the lack of specific details such as IPO opening and closing dates, price range and market lot size hampers a comprehensive analysis. Investors should monitor these details closely for a more informed decision. Additionally, understanding the promoters’ pre-issue and post-issue shareholding percentages will provide insight into their confidence in the IPO.

Conclusion

In conclusion, while the RBZ Jewelers IPO looks promising based on its market presence and financial performance, potential investors should wait for full information on pricing and lot sizes. It will be important to conduct thorough due diligence considering the company’s track record and industry potential before making investment decisions.

For more detailed insights and up-to-date information, readers are encouraged to keep a close eye on the official announcements and prospectus of RBZ Jewelers IPO as they become available.

RBZ Jewellers IPO FAQs