RO Jewels Limited
Fixed Price IPO · BSE
- Price band
- ₹36 - ₹36
- Lot size
- 3,000 shares
- Issue amount
- ₹4.91 cr
- Total subscription
- 0×
- Opens
- 12 Mar 2020
- Closes
- 17 Mar 2020
- Allotment
- 20 Mar 2020
- Listing
- 25 Mar 2020
Offer at a glance
Issue overview
- Issue size
- 13,65,000 shares
- Face value
- ₹10 per share
- Minimum investment
- ₹1,08,000
- Fresh issue
- ₹0 cr
- Offer for sale
- ₹0 cr
- Registrar
- Kfin Technologies Limited
- Listing exchange
- BSE
- Maximum investment
- ₹1,08,000
- Issue type
- Fixed Price IPO
- Shares before issue
- 14,67,083
- Shares after issue
- 28,32,083
Lot sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| RETAIL | 1 | 3,000 | ₹1,08,000 |
| HNI | 2 | 6,000 | ₹2,16,000 |
Share reservation
Subscription & GMP
Subscription by category
Subscription figures are awaiting publication.
GMP history
Financial performance
Company financials
in Lakhs · Reported periods may include interim results.
Company information
Company profile
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.
Strengths
- Well-known brand in the local market
- Strong, long-term business partnerships
Promoters
Mr. Bharat Rasiklal Shah
Mrs. Pravinaben Shah
Mr. Shubham Bharatbhai Shah
Registrar & documents
Lead manager
First Overseas Capital Limited
Registrar & contacts
Kfin Technologies Limited
[email protected]Official registrar portal ↗IPO allotment status guide →Registered office
202, Shri Virkala Complex, M.G. Haveli R, Manekchowk Co. Op Bank, Manekchowk, Ahmedabad, Gujarat, India, 380001
+91 79 22144429
[email protected]Company website ↗Understanding ROJL IPO data
Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.