
Industrial & Financial Services · NSE / BSE
Incorporated in April 2008, RBZ Jewellers Limited is an India-based gold jewellery manufacturer specializing in antique designs. The company designs and produces a wide range of antique gold jewellery, including jadau, meena, and kundan work, catering to both wholesale and retail markets. Its wholesale customer base includes well-known national, regional, and local family jewellers across 19 states and 72 cities in India. RBZ Jewellers also operates a retail showroom under the brand "Harit Zaveri", making it a leading name in Ahmedabad. The company’s state-of-the-art manufacturing facility in Ahmedabad, Gujarat, spans 23,966 sq. ft and is fully owned by RBZ Jewellers. This facility can design and manufacture gold jewellery under one roof, with a permitted capacity of 250 artisans and 185 sales personnel. RBZ Jewellers’ major customers by volume in FY23 include Titan Company Limited, Malabar Gold Private Limited, Joyalukkas India Limited, Senco Gold Limited, and Hazoorilal Jewellers Private Limited, among others. With a focus on craftsmanship, tradition, and innovation, the company continues to be a key player in the gold jewellery industry.
Price Band
₹95 – ₹100
Issue Size
₹100 Cr
Lot Size
150 shares
GMP
Est. Listing
₹100
at current GMP
Subscribed
16.86x
overall
Open
19 Dec 2023
Close
21 Dec 2023
Allotment
22 Dec 2023
Refund
23 Dec 2023
Demat Credit
24 Dec 2023
Listing
27 Dec 2023
Designated Registrar: Bigshare Services Pvt Ltd
Allotment Date
22 Dec 2023
Basis finalization
Refunds Initiate
23 Dec 2023
Mandate release
Demat Credit
24 Dec 2023
Shares in demat
Listing Debut
27 Dec 2023
Trading begins
RBZ Jewellers Limited is bringing an initial public offering (IPO) in the Industrial & Financial Services sector with an aggregate issue size of ₹100 Crores. The shares are offered at a price band of ₹95 to ₹100 per equity share on NSE and BSE. Currently, grey market participants and retail investors are watching the bidding trend, premium movement, and anchor book demand with keen interest.
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 150 shares (approx. ₹15,000 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.
Allotment reconciliation will be managed by Bigshare Services Pvt Ltd. Eligible allottees will receive credit of equity shares into their Demat accounts by 2023-12-24, while un-allotted funds or UPI block mandates will be released on 2023-12-23.
Allotment records are updated in batches. If the status is not yet available, please wait a few hours until the basis of allotment is fully finalized.
Since funds are blocked under ASBA/UPI, the bank will automatically release the blocked hold on your funds upon receipt of revocation instructions from the sponsor bank.