
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
Overall Subscription
0.00x
Total Demand
QIB Multiplier
0.00x
Institutions & Funds
NII / HNI
0.00x
High Net-Worth
Retail (RII)
0.00x
Individual Bidders
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| Qualified Institutional (QIB) | 681,944 | — | 0.00x |
| Non-Institutional (NII / HNI) | 204,583 | — | 0.00x |
| Retail Individual (RII) | 477,361 | — | 0.00x |
| Total | 1,363,888 | 0 | 0.00x |
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| Retail (RII) | 159 | 159 | 1.00x |
| HNIs (10L +) | 1 | 1 | 1.00x |
| HNIs (2-10L) | 5 | 5 | 1.00x |
| Total Applications | 165 | 165 | 1.00x |
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
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.
Currently, RO Jewels Limited IPO Grey Market Premium (GMP) is not actively quoted or is quoted flat at ₹0. The shares are expected to list close to the issue price band of ₹36 to ₹36 per equity share.
The retail lot size is 3000 shares requiring a minimum application amount of ₹1,08,000. Expected listing price is ₹36 per equity share.
The RO Jewels Limited IPO aggregate issue size is ₹4.91 Crores with an equity price band set at ₹36 to ₹36 per equity share. The retail lot size is 3000 shares requiring a minimum capital outlay of approx. ₹1,08,000.
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 0.00x (Retail: 0.00x, QIB: 0.00x, NII: 0.00x). You can track live multiples directly on our dedicated subscription page.
The basis of allotment will be published on the official registrar portal (Kfin Technologies Limited) and the BSE status verification website on or around 2020-03-20. Investors can verify status using PAN card or application number.
RO Jewels Limited shares are scheduled to list on BSE on 2020-03-25.