RBZ Jewellers IPO opens for subscription on Tuesday, December 19, and will close on Thursday, December 21.
RBZ Jewellers IPO price band has been set in the range of ₹95 to ₹100 per equity share of the face value of ₹10.
RBZ Jewellers IPO raised ₹21 crore from anchor investors on December 18. IPO lot size is 150 equity shares and in multiples of 150 equity shares thereafter.
The floor price is 9.5 times the face value of the equity share and the cap price is 10 times the face value of the equity share.
RBZ Jewellers IPO has reserved not more than 50% of the shares for QIB, not less than 15% for NII, and not less than 35% of the offer is reserved for retail investors.
The RBZ Jewellers saw a 14.21% increase in operating revenue to ₹28,962.62 lakhs in fiscal 2023 from ₹25,252.66 lakhs in fiscal 2022.
The IPO is being made for general corporate purposes as well as to finance the company's working capital needs.