RBZ Jewellers Ltd - Stock Valuation and Financial Performance

The company was originally incorporated as “RBZ Jewellers Private Limited” as a private limited company under the provisions of the Companies Act, 1956 pursuant to a certificate of incorporation dated April 15, 2008 issued by the Registrar of Companies, Gujarat, Dadra and Nagar Havelli. Thereafter, the company was converted to a public limited company, pursuant to a special resolution passed by its shareholders on February 25, 2023 and the name of the Company was changed to “RBZ Jewellers Limited” and a fresh certificate of incorporation dated March 20, 2023 was issued to the company by the Registrar of Companies, Ahmedabad. 

The company is one of the leading organised manufacturers of gold jewellery in India, specializing in Antique Bridal Gold Jewellery and distribute to reputable nation-wide retailers and significant regional players in India. It designs and manufacture a wide range of Antique Bridal Gold Jewellery which consists of jadau, Meena and Kundan work and sell it on a wholesale and retail basis. It also processes and supply Antique Bridal Gold Jewellery on job work basis to national retailers. Its customer base in wholesale business includes reputed national, regional and local family jewellers spread across many States and cities within India. The company also operates its retail showroom under the brand name ‘Harit Zaveri’ and is an established player in Ahmedabad. in Ahmedabad. It offers jewellery for bridal, occasional and daily wear at various price range in its retail showroom. It also exports its jewellery to Middle East region. It carries out its manufacturing operations from a well-equipped and modern facility situated at Ahmedabad, Gujarat having advanced technologies in casting, laser and 3-D printing. Its retail showroom is situated in the prominent area of Ahmedabad, Gujarat. It has a dedicated and experienced in-house design team who supervises the artisans and craftsmen to develop new products and unique designs that meet customers’ demands and requirements basis its own market research in the jewellery industry. 

The company offers a diverse range of jewellery collections comprising of different manufacturing techniques and varieties. It specialises in Antique Gold bridal jewellery and is known for its unique designs and craftmanship. It uses a variety of precious and semi-precious stones in its jewellery, including diamonds, emeralds, rubies, and pearls, which are intricately set in gold. Its constant focus on design and technological innovation in its jewellery products, its ability to recognize consumer preferences and market trends, the unique designs and the quality of its products are its key strengths, amongst others. It endeavours to cater to its customers’ preferences, which often vary significantly by geography and micro market. Its jewellery designs are inspired by traditional Indian art and culture, and it blend these elements with contemporary designs to create aesthetic pieces that are both classic and modern. 

Business area of the company

The company is an India-based gold jewellery manufacturer specialising in the creation of antique designs. The company designs and manufactures a wide range of antique gold jewellery consisting of jadau, meena and kundan work and sells it on wholesale and retail basis. 

Awards, Accreditations and Recognition

• 2009: Certificate for excellent performance in the field of jewellery trade from Gem & Jewellery Trade Council of India.
• 2012: Won “Best Concept in Jewellery” award by Namaste India at the Bridal Exhibition, Surat.
• 2012: Awarded “Best Jadau Jewellery Manufacturer” in National Jewellery Awards from All India Gems and Jewellery Trade and Federation.
• 2017: Certified as “100 Iconic Jewellers of India” and featured in “Treasure Trove” Coffee Table Book by The Art of Jewellery, Jewellery Magazine.

Major events 

• 2008: Incorporation of the company in the name and style of “RBZ Jewellers Private Limited”.
• 2011: Acquisition of the property which is its present Registered and Corporate Office.
• 2014: Launch of its retail division under the brand “Harit Zaveri” and opening of jewellery showroom at Ahmedabad, Gujarat.
• 2016: The company set-up a factory unit at its Registered Office.
• 2023: Conversion of the company into public limited company.