RBZ Jewellers shares will debut on December 27 with the grey market indicating a listing price of around ₹105 per share. On December 22 (Friday), RBZ Jewellers announced the allotment details.
RBZ Jewellers IPO was subscribed 16.72 times at close. The retail portion was subscribed 24.45 times and the non-institutional investors portion was booked 9.25 times. The category reserved for qualified institutional buyers (QIBs) was subscribed 13.43 times.
RBZ Jewellers is a gold jewellery manufacturer specialising in the creation of antique designs. The company s wholesale customer base includes reputed national, regional and local family jewellers across 19 states and 72 cities in India.
Amongst the IPOs and listings, all eyes will be on the eight listings scheduled in the coming truncated week in the mainboard segment, though the action will be more in the SME segment.
RBZ Jewellers IPO | Investors can participate in the public issue during December 19-21, while the anchor book will be launched for a day on December 18.