
Consumer Cyclicals / Retail · BSE
RO Jewels, established in 2018, is a wholesale jewellery business based in Ahmedabad that deals in gold and silver chains along with products such as necklaces, bars, bracelets, and chains in both metals. To expand its operations, the company acquired M/s Ravi Ornaments on December 18, 2019. RO Jewels sources ready-made jewellery from independent wholesalers and manufacturers located in Mumbai and Ahmedabad and operates a showroom at Manek Chowk, Ahmedabad, where products are displayed and sold. Along with retail sales, the company follows a B2B model by supplying jewellery to other stores, offering collections in Indo-western, traditional, and modern designs, with all gold jewellery carrying BIS Hallmark certification to ensure purity and authenticity.
Price Band
₹36
Issue Size
₹4.91 Cr
Lot Size
3000 shares
GMP
Est. Listing
₹36
at current GMP
Subscribed
—
Open
12 Mar 2020
Close
17 Mar 2020
Allotment
20 Mar 2020
Refund
21 Mar 2020
Demat Credit
22 Mar 2020
Listing
25 Mar 2020
Last updated: 19 Oct 2026
Current Premium
Issue Price (Upper)
₹36
Band: ₹36
Estimated Listing Price
₹36
Upper price + GMP
Lot Size
3000 shares
Min investment ₹1,08,000
Estimated Profit / Lot
₹0
3000 × ₹0
Grey Market Premium trend
—
▲ 0 today
Updated less than a minute ago
| Date | GMP (₹) | GMP % | Est. Listing |
|---|---|---|---|
| 31 Oct 2026 | — | 0.0% | ₹36 |
| 30 Oct 2026 | — | 0.0% | ₹36 |
| 29 Oct 2026 | — | 0.0% | ₹36 |
GMP is unofficial market data. Not a guarantee of listing performance.
RO Jewels Limited is bringing an initial public offering (IPO) in the Consumer Cyclicals / Retail sector with an aggregate issue size of ₹4.91 Crores. The shares are offered at a price band of ₹36 to ₹36 per equity share on BSE. Currently, investors are tracking the grey market premium (GMP) and institutional subscription multiples closely across BSE and NSE portals.
The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.
Following the close of bidding on 2020-03-17, the basis of allotment is scheduled to be finalized on 2020-03-20. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Kfin Technologies Limited) or the BSE allotment checking window.
The latest grey market premium for RO Jewels Limited IPO is ₹0, which indicates an expected listing price of ₹36.
Kostak rate is the profit amount an investor earns by selling their entire IPO application in the grey market before allotment is finalized.
No. GMP is an unofficial indicator discovered between dealers outside of SEBI-regulated exchanges. Actual listing price is determined by demand-supply discovery on NSE/BSE during the pre-open auction.