The IPO for RBZ Jewellers is a book-built offering valued at Rs. 100.00 crores. This is a brand-new, one-crore share offering.
Subscriptions for the RBZ Jewellers IPO begin on December 19, 2023, and end on December 21, 2023. On Friday, December 22, 2023, the allotment for the RBZ Jewellers IPO is anticipated to be completed. The BSE and NSE will list RBZ Jewellers IPO, with a provisional listing date of Wednesday, December 27, 2023.
The IPO price range for RBZ Jewellers is ₹95 to ₹100 per share. An application must have a minimum lot size of 150 shares. Retail investors are obliged to invest a minimum of ₹15,000. Bigshare Services Pvt Ltd is the registrar for the RBZ Jewellers IPO, and Arihant Capital Markets Ltd is the book running lead manager.
Important Dates – RBZ Jewellers Ltd. IPO Allotment Details
| Event | Date |
| IPO Opening Date | December 19, 2023 |
| IPO Closing Date | December 21, 2023 |
| IPO Size | ₹100 crore |
| Price Band | ₹95 to ₹100 |
| Bid Lot Size | 150 shares |
| Face Value | ₹10 per share |
| IPO Allotment Date | December 22, 2023 |
| Initiation of Refunds | December 26, 2023 |
| Credit of Shares to Demat | December 26, 2023 |
| IPO Listing Date | December 27, 2023 |
Here’s how you can check the allotment status of RBZ Jewellers IPO:
Step 1: Go to the BSE website.
Step 2: Choose ‘Equity’ and then the issue name from the selection menu.
Step 3: Enter your application number as well as your PAN card number and press ‘Search’.
You can also follow a similar procedure to check the allotment status on the Registrar’s website:
Step 1: Go to the Bigshare Services website.
Step 2: Search for the IPO name.
Step 3: Input your PAN, application number, DP/Client ID, or account number/IFSC number and click on ‘Search’.
If the details are input correctly, the status will appear only after allotment. The equity shares are expected to be credited to successful investors’ demat accounts on December 26, 2023.
RBZ Jewellers Limited, an Indian manufacturer of gold jewellery with a focus on creating antique styles, was founded in April 2008. The business creates and produces a large selection of ancient gold jewellery with Kundan, Meena, and Jadau work, and it offers it for sale both in wholesale and retail markets.
Throughout 19 states and 72 cities in India, the company’s wholesale clientele consists of well-known national, regional, and neighbourhood family jewellers.
RBZ Jewellers Limited is a prominent participant in Ahmedabad and runs its retail showroom under the “Harit Zaveri” brand. The Ahmedabad, Gujarat-based production facility of RBZ Jewellers Limited is capable of designing and producing gold jewellery all under one roof.
