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RBZ Jewellers gets SEBI’s go-ahead to raise funds via IPO

17 Oct 2023 Evaluate

RBZ Jewellers has received the Securities and Exchange Board of India’s (SEBI's) approval to float an initial public offering (IPO). The equity shares are proposed to be listed on the BSE and the NSE.

The company, which filed the draft red herring prospectus with the SEBI in June 2023, got the regulator’s approval on September 28, 2023.  Proceeds from the issue will be utilised to the extent of Rs 80.75 crore for funding working capital requirements of the company and general corporate purposes. Arihant Capital Markets is the sole book-running lead manager to the issue.

The company is one of the leading organized manufacturers of gold jewellery in India, specializing in Antique Gold Jewellery.


RBZ Jewellers Share Price

138.35 -3.00 (-2.12%)
10-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Titan Co 4502.15
Kalyan Jewell.India 449.20
Rajesh Exports 109.46
Senco Gold 323.40
Thangamayil Jeweller 4138.35
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