RBZ Jewellers share price today made a weak debut on the bourses today. On NSE as well as BSE, it was listed at ₹100 per share, the same as its issue price.
RBZ Jewellers shares will debut on December 27 with the grey market indicating a listing price of around ₹105 per share. On December 22 (Friday), RBZ Jewellers announced the allotment details.
RBZ Jewellers IPO was subscribed 16.72 times at close. The retail portion was subscribed 24.45 times and the non-institutional investors portion was booked 9.25 times. The category reserved for qualified institutional buyers (QIBs) was subscribed 13.43 times.
Six SME companies are set to raise funds in the last week of 2023, and the stocks of 10 companies are set to list on the exchanges. Analysts anticipate that a few of these companies might experience a robust opening, fueled by the substantial interest they garnered during the subscription phase.