RBZ Jewellers IPO

RBZ Jewellers Limited

₹14,250 /150 sharesMinimum Investment

RBZ Jewellers IPO Listing DetailsListed OnIssue PriceListing PriceListing Gains
BSE & NSE₹100.00₹105.00₹5.00 (5.00%)
RBZ Jewellers IPO DetailsBidding DatesMin. InvestmentLot SizePrice Range
19 Dec ‘23 - 21 Dec ‘23₹14,250150₹95 - ₹100
Issue SizeIPO Doc
100.00CrRHP PDF
Subscription rate
Qualified Institutional Buyers13.43x
Non-Institutional Investor9.25x
Retail Individual Investor24.5x
Total16.75x
About the company
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
Strength and risksStrengths
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.
Financials
*All values are in Rs. Cr
No Graph Data To Display
Application detailsApply asPrice bandApply upto
Regular₹95 - 100₹2 Lakh
High Networth Individual₹95 - 100₹2 - 5 Lakh
For RBZ Jewellers IPO, eligible investors can apply as Regular.

Listed On	Issue Price	Listing Price	Listing Gains
BSE & NSE	₹100.00	₹105.00	₹5.00 (5.00%)

Bidding Dates	Min. Investment	Lot Size	Price Range
19 Dec ‘23 - 21 Dec ‘23	₹14,250	150	₹95 - ₹100

Issue Size	IPO Doc
100.00Cr	RHP PDF

Apply as	Price band	Apply upto
Regular	₹95 - 100	₹2 Lakh
High Networth Individual	₹95 - 100	₹2 - 5 Lakh

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Bengaluru – 560103
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Qualified Institutional Buyers	13.43x
Non-Institutional Investor	9.25x
Retail Individual Investor	24.5x
Total	16.75x