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RBZ Jewellers IPO

RBZ Jewellers, a well-known organised gold jewellery maker in India, was founded in 2008. The company produces Antique Gold Jewellery and supplies major regional players in the Indian market as well as well-known stores nationwide with its unique designs.

RBZ Jewellers creates and produces an extensive collection of antique gold jewellery with kundan, meena, and jadau work, which it offers for sale both in wholesale and retail markets. Additionally, it processes and provides national merchants with Antique Gold Jewellery on a work-basis. Reputable family jewellers from around the country, in 72 Indian cities and 19 states, make up the wholesale market’s clientele.

The company also operates its retail showroom under the brand name ‘Harit Zaveri’ and is a leading player in Ahmedabad. The company started its journey with a workforce of only eight persons and it has over some time, increased the workforce to 185 employees. It also has a permitted capacity of 250 artisans for the manufacturing facility.

rbz-jewellers

RBZ Jewellers IPO Details

Signature Global IPO Details
RBZ Jewellers IPO Dates
19 – 21 December 2023
RBZ Jewellers IPO Price
INR 95 – 100 per share
Fresh issue
10,000,000 Shares (INR 95 – 100 crore)
Offer For Sale
Nil
Total IPO Size
10,000,000 Shares (INR 95 – 100 crore)
Minimum bid (size)
150 shares (INR 15,000)
Face Value
INR 10 per share
Retail Allocation
35%
Listing On
BSE, NSE

RBZ Jewellers Financial Performance

Signature Global Financial Performance

FY21

FY22

FY23

H1 FY 24

Revenue

106.99

252.11

287.93

125.46

Expenses

94.33

232.91

259.86

109.28

Net income

9.75

14.41

22.33

12.09

Margin (%)

9.11

5.72

7.76

9.64

Figures in INR Crore unless specified otherwise

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