RBZ Jewellers IPO

RBZ Jewellers Limited

₹14,250 /150 sharesMinimum Investment

RBZ Jewellers IPO Details

Bidding DatesMin. InvestmentLot SizePrice Range
19 Dec ‘23 - 21 Dec ‘23₹14,250150₹95 - ₹100
Issue SizeIPO Doc
100.00Cr
RHP PDF

Subscription rate

Qualified Institutional Buyers13.43x
Non-Institutional Investor9.25x
Retail Individual Investor24.5x
Total16.75x

About RBZ Jewellers

Founded by a family with a rich legacy in the jewellery business, RBZ Jewellers was incorporated as a private limited company in 2008. The company is a prominent player in the Indian gold jewellery market, specializing in Antique Bridal Gold Jewellery. With a history spanning over 15 years, the company has secured its place as a leading organized manufacturer. RBZ Jewellers is recognized for its exquisite designs, including Jadau, Meena, and Kundan work. The company operates on both wholesale and retail fronts, distributing to renowned national, regional, and local family jewellers across 20 states and 72 cities in India. Their retail showroom, operating under the brand name 'Harit Zaveri,' is well-established in Ahmedabad and offers a diverse range of jewellery for bridal, occasional, and daily wear at various price points. RBZ Jewellers has a modern manufacturing facility in Ahmedabad, Gujarat, equipped with advanced technologies in casting, laser, and 3-D printing.;
Founded in
2008
Managing director
Mr. Rajendrakumar Kantilal Zaveri
Parent organisation
RBZ Jewellers Limited

Strengths & Financials of RBZ Jewellers

Strengths
Risks
RBZ Jewellers distribute their unique designs to reputable retailers nationwide, holding a noteworthy 1% share in the organized wholesale gold jewellery market in India.
RBZ Jewellers has achieved a 12.44% overall volume growth despite the increase in gold prices in 2023.
They include an organized manufacturing setup housed under a single roof. This setup incorporates skilled artisans for bench work, advanced laser cutting and engraving technology, state-of-the-art casting units, progressive and hydraulic press dyes, and a 3D printing machine. It handles the entire process from nugget to necklace, particularly specializing in gold bridal jewelry.
RBZ Jewellers boasts a team of well-trained artisans and jewelry designers, ensuring a diverse, high-quality product range. This organized setup is favored by large retailers, fostering strong relationships with clients like Titan Company Limited, Malabar Gold Private Limited, Joyalukkas India Limited, and others.
The company's wide reach spans 20 states and 72 cities in India, providing a deep understanding of local preferences. Additionally, RBZ Jewellers exports to the Middle East, enhancing its market insight and brand strength.
The company has implemented robust systems and procedures to mitigate risks, including strict quality controls, hallmarking processes, and gold and diamond jewelry certifications.
With a focus on safety and security, RBZ Jewellers ensures inventory protection through CCTV surveillance, burglar alarms, fire management systems, and round-the-clock security personnel.

RBZ Jewellers Financials

*All values are in Rs. Cr
No Graph Data To Display

Application Details of RBZ Jewellers IPO

Apply asPrice bandApply upto
Regular95 - 100₹2 Lakh
High Networth Individual95 - 100₹2 - 5 Lakh
For RBZ Jewellers IPO, eligible investors can apply as Regular.
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