RBZ Jewellers Ltd. IPO

RBZ Jewellers Limited is a leading Indian manufacturer of gold jewellery, specializing in antique designs and kundan work. Established over two decades ago, the company has earned a reputation for its exquisite craftsmanship and commitment to quality. RBZ Jewellers offers a wide range of antique gold jewellery, including jadau, meena, and kundan pieces, catering to both the wholesale and retail markets. They utilize modern manufacturing techniques alongside traditional skills, ensuring the preservation of heritage designs while meeting modern customer expectations. With a strong track record and a focus on innovation, RBZ Jewellers has emerged as a trusted name in the Indian gold jewellery industry.

RHP
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DRHP
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Open Date

2023-12-19

Close Date

2023-12-21

Company Financials

You can get the following financial statements of RBZ Jewellers Ltd. as of now.

The details about the RBZ Jewellers Limited IPO is as:

  • The issue size of the IPO is 100 Cr.
  • The price band for RBZ Jewellers Limited IPO is Rs 95 to Rs 100.
  • The shares of RBZ Jewellers Limited IPO will list on 27th December 2023.
  • The latest tentative GMP of RBZ Jewellers Limited IPO is Rs 5.
  • The shares of RBZ Jewellers Limited IPO is subscribed 16.86 Times as of 21st December 2023. 

 

RBZ Jewellers Limited IPO Valuation

The approx valuation of RBZ Jewellers Limited IPO based on its price band and DRHP (prospectus) is:

Particulars Value
Upper Price Band Rs 100
Existing Shares (Qty) 3.00 Cr
Fresh Issue 100 Cr
Market Cap 400 Cr
EPS (FY23) Rs 7.44
PE Ratio 13.44x
Industry PE 54.01x

 

RBZ Jewellers Limited IPO Issue Size

RBZ Jewellers Limited IPO issue size is 100 Cr

Issue Amount
Fresh Issue 100 Cr
Offer For Sale 0 Cr

 

RBZ Jewellers Limited IPO Market Lot

An Individual can apply for a minimum 1 lot of 150 shares and a maximum of 13 lots of 1950 shares. Find the details below:

Application Lot Shares Amount
 Minimum  1 150 15,000
 Maximum 13 1950 1,95,000

 

RBZ Jewellers Limited IPO share offer

The shares of RBZ Jewellers Limited IPO is subscribed 16.86 Times as of 21st December 2023. The category-wise shares subscribed are as follows:

Category % Offered Subscribed
Qualified Institutional Maximum 35% 13.43 Times
Non-Institutional Minimum 30% 9.27 Times
Retail Individual Minimum 35% 24.74 Times
Total   16.86 Times

Find below the dates for RBZ Jewellers Limited IPO:

Schedule Date
Basis of Allotment 22 December 2023
Refunds 26 December 2023
Credit to Demat Account 26 December 2023
IPO Listing Date 27 December 2023

 

RBZ Jewellers Limited IPO allotment is released. Check by clicking on the button below.

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Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2021 Mar 2022 Mar 2023 Mar 2024
Net Sales 106.99 252.11 287.93 327.43
Total Expenditure 86.54 225.39 250.18 288.95
Operating Profit 20.45 26.72 37.75 38.48
Other Income 0.72 0.47 1.71 0.39
Interest 6.26 6.18 8.33 7.88
Depreciation 1.52 1.4 1.37 1.37
Exceptional Items 0 0 0 0
Profit Before Tax 13.38 19.61 29.77 29.62
Provision for Tax 3.63 5.21 7.43 8.06
Net Profit 9.75 14.41 22.33 21.57
Adjusted EPS (Rs.) 0.32 0.48 0.1 0.54

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity and Liabilities
Share Capital 4 4 30 40
Total Reserves 51.55 66.03 62.47 167.49
Borrowings 7.54 8.55 23.12 19.99
Other N/C liabilities 6.2 5.28 1.77 1.31
Current liabilities 57.62 77.82 95.97 62.26
Total Liabilities 126.91 161.68 213.34 291.06
Assets
Net Block 16.9 15.64 25.22 26.75
Capital WIP 0 0.74 0.89 0
Intangible WIP 0 0.05 0.01 2.1
Investments 0.13 0 0 0
Loans & Advances 0.15 0.2 0.06 0.22
Other N/C Assets 0.08 0.09 0 0
Current Assets 109.65 144.96 187.16 262
Total Assets 126.91 161.68 213.34 291.06
* Other Non-current Liabilities include Net deferred Liabilities

Quarterly Result (All Figures in Cr.)

PARTICULARS Dec 2023 Mar 2024 Jun 2024 Sep 2024
Other Income 0.04 0.29 0.2 0.15
Profit Before Tax 9.15 4.24 12.14 10.8
Tax 2.37 1.54 3.06 2.73
Profit After Tax 6.78 2.7 9.08 8.07
Adjusted EPS (Rs) 1.7 0.67 2.27 2.02

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Sep 2024 75 0
Jun 2024 75 0
Mar 2024 75 0
Dec 2023 75 0
* Figures given above are % of equity capital

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2021 Mar 2022 Mar 2023 Mar 2024
Profit from operations 13.38 19.61 29.77 29.62
Adjustment 7.19 7.13 7.99 9.07
Changes in Assets & Liabilities -19.62 -20.96 -40.87 -77.92
Tax Paid -3.6 -4.91 -8.12 -8.99
Operating Cash Flow -2.64 0.87 -11.23 -48.21
Investing Cash Flow 1.01 -0.65 -11.05 -3.84
Financing Cash Flow 1.69 -0.88 28.11 58.87
Net Cash Flow 0.06 -0.66 5.83 6.82
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