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RO Jewels Limited IPO

RO Jewels Limited IPO

IPO Date :
Issue Price :
Allotment Date :
Listing Date :
List Price :
Lot Size:
Subscription:
Listed Price: ₹ 36.00 (+0.00%)

RO Jewels Limited's successfully completed its Initial Public Offering and commenced trading on 25-03-2020 at the BSE exchange. The company raised 13,65,000 Shares through this public offering, comprising TBD in fresh capital.

The IPO was priced within the band of ₹36 to ₹36, with minimum application lots of 3000 shares. The offering attracted significant investor interest during its subscription period from 12-03-2020 to 17-03-2020.

Share allotment was finalized on 20-03-2020, distributing equity to successful applicants. The stock's subsequent listing marked a significant milestone in the company's corporate history, providing public market liquidity to shareholders.

RO Jewels IPO Details
Lot(s) Distribution

Investors can bid starting from the minimum lot size specified for this IPO, and only in multiples of that lot size. The table below shows the minimum and maximum investment for retail investors and HNIs in terms of lots, quantity, and amount.

IPO Reservation
RO Jewels IPO Key Performance Indicator
Company Financials ( in Lakhs )

RO Jewels IPO About Company

RO Jewels, established in 2018, is a wholesale jewellery business based in Ahmedabad that deals in gold and silver chains along with products such as necklaces, bars, bracelets, and chains in both metals. To expand its operations, the company acquired M/s Ravi Ornaments on December 18, 2019. RO Jewels sources ready-made jewellery from independent wholesalers and manufacturers located in Mumbai and Ahmedabad and operates a showroom at Manek Chowk, Ahmedabad, where products are displayed and sold. Along with retail sales, the company follows a B2B model by supplying jewellery to other stores, offering collections in Indo-western, traditional, and modern designs, with all gold jewellery carrying BIS Hallmark certification to ensure purity and authenticity.


Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."


RO Jewels IPO Strength Factors

  1. Well-known brand in the local market
  2. Strong, long-term business partnerships

RO Jewels IPO Risk Factors

NA


RO Jewels IPO Lead Manager(s)

  • First Overseas Capital Limited

RO Jewels IPO Promoter(s)

  1. Mr. Bharat Rasiklal Shah
  2. Mrs. Pravinaben Shah
  3. Mr. Shubham Bharatbhai Shah

RO Jewels IPO Company Details

RO Jewels Limited
Phone:
address:

RO Jewels IPO Registrar

Kfin Technologies Limited
Name:
Phone:

RO Jewels IPO FAQs