₹ 15000 / 150 shares
IPO Details
RHP/DRHPIssue Date
19 Dec - 21 Dec'23
Investment/lot
₹ 15000
Price Range
95 - 100
Lot Size
150
IPO Size
₹ 100.00 Cr
IPO Listing Details
Listing On
27 Dec'23
Issue Price
100
Listed Price
₹ 100
Retail Gain/Listing Gain
▲0.00%
IPO Timeline
RBZ Jewellers Limited IPO Issue Details | Dates, issue size and more
Kotak Securities
•01m 01s
Company Background
RBZ Jewellers Limited is one of the leading organised manufacturers of gold jewellery in India, specialising in antique bridal gold jewellery.
The company designs and manufactures a wide range of antique bridal gold jewellery which consists of jadau, meena and kundan work and sells it on a wholesale and retail basis, as well as distributing to reputable nationwide retailers and significant regional players in India, spread across 20 States and 72 cities (Source: Care Edge Report).
Let's take a look at the competitive strengths and risk factors for RBZ Jewellers Limited:
Competitive Strengths
Client Mix and geographical spread
The company has established a strong foothold in the market and has a deep understanding of local customer preferences and trends. They hold relationships with national retailers like Titan Company Limited, Malabar Gold Private Limited, Joyalukkas India Limited, Senco Gold Limited and other prominent retailers. This clientele has further enhanced the brand’s credibility and reputation in the industry.
Organised manufacturing setup under one roof
The company has its manufacturing set up consisting of bench-working artisans, technology for laser cutting, laser engraving and state-of-the-art casting units, alongside advanced technology to facilitate the design of jewellery. The facility under one roof brings efficiency, control, supply assurance and large-scale supplies that are crucial to meet the demands of customers. It also helps in commanding better management oversight, security of precious metals due to reduced movement and most importantly, controlling the manufacturing process loss. This enables the company to control costs and increase profit margins and gives them a competitive advantage.
Risk Factors
- The company requires a significant amount of working capital for continued growth.
- The inability to respond to market trends and failure to expand the product offerings in a diversified manner may adversely affect the business.
- The company currently does not have exclusive or fixed supply arrangements with any of its gold suppliers, though they are dependent on a few suppliers.
Key Strategies
- Deepen and penetrate existing customer relationships and continue to expand geographically.
- Increase production and enhance the product portfolio.
- Continue to invest in marketing and brand-building initiatives.
RBZ Jewellers Key Financials
Here are the key financials for RBZ Jewellers Limited:
Particulars (in Rs. Lakhs)
Particulars (in Rs. Lakhs)
How to apply for IPO through ASBA
Kotak Securities
•00m 59 s
How to apply for an IPO using UPI
Kotak Securities
•01m 19 s
How To Apply for RBZ Jewellers Ltd IPO?
Here are the steps to apply for RBZ Jewellers Ltd:
Step 1: Log in to your Kotak Securities Demat account Log in to your Demat account to access IPO investments. Next, select the current IPO section.
Step 2: Specify IPO details Enter the number of lots and the price you wish to apply for.
Step 3: Enter UPI ID After entering your UPI ID, click submit. This will place your bid with the exchange.
Step 4: Mandate Notification Your UPI app will receive a mandate notification to block funds.
Step 5: Approve Request Your funds will be blocked once you approve the mandate request on your UPI.
RBZ Jewellers Ltd IPO FAQs
When is RBZ Jewellers Ltd IPO listing date?
RBZ Jewellers Ltd will list on 2023-12-27.
What is the issue size of RBZ Jewellers Ltd IPO?
100.00 is the issue size of RBZ Jewellers Ltd IPO.
What is the minimum lot size required for RBZ Jewellers Ltd IPO?
The minimum lot size is 150 shares and the investment required is ₹15000.
What is the price band of the RBZ Jewellers Ltd IPO?
The price band of RBZ Jewellers Ltd IPO is ₹95 to ₹100.
Where can I read more about RBZ Jewellers Ltd business?
You can read more about RBZ Jewellers Ltd and its IPO from the company’s red herring prospectus (RHP) here.
What is the RBZ Jewellers Limited IPO?
The RBZ Jewellers Limited IPO has an issue size of Rs. 100 crores. The IPO opens for subscription on 19th December 2023 and closes on 21st December 2023.
When is RBZ Jewellers Limited IPO allotment?
RBZ Jewellers Limited IPO will be allotted on 22nd December 2023.
When is RBZ Jewellers Limited IPO listing date?
RBZ Jewellers Limited will list on 27th December 2023.
What is the issue size of RBZ Jewellers Limited IPO?
100 Crore is the issue size of RBZ Jewellers Limited IPO.
What is the minimum lot size required for RBZ Jewellers Limited IPO?
The minimum lot size is 150 shares and the investment required is ₹15,000.
What is the price band of the RBZ Jewellers Limited IPO?
The price band of RBZ Jewellers Limited IPO is ₹95 to ₹100.
Who are the book runners for RBZ Jewellers Limited IPO?
Arihant Capital Markets are the book runners for RBZ Jewellers Limited IPO.
Who is the Registrar for RBZ Jewellers Limited IPO?
Big Share Services Private Limited is the registrar for this IPO.
Where can I read more about RBZ Jewellers Limited’s business?
You may read more about RBZ Jewellers Limited and its IPO from the company’s red herring prospectus (RHP) here:
