RBZ Jewellers is a gold jewellery manufacturer specialising in the creation of antique designs. The company s wholesale customer base includes reputed national, regional and local family jewellers across 19 states and 72 cities in India.
Amongst the IPOs and listings, all eyes will be on the eight listings scheduled in the coming truncated week in the mainboard segment, though the action will be more in the SME segment.
RBZ Jewellers IPO was subscribed 16.86 times. The retail portion was subscribed 24.45 times with over 8.55 crore consolidated share bids received against the quota of 35 lakh shares.
RBZ Jewellers IPO GMP: RBZ Jewellers IPO is completely a fresh issue of 1 crore shares. There is no offer for sale (OFS) segment in the public offer. About 50% of the offer will be available for allocation on a proportionate basis to qualified institutional buyers (QIBs), 15% for non-institutional bidders and 35% for retail investors.