How To Check RBZ Jewellers IPO Allotment Status

RBZ Jewellers, a prominent name in India’s gold jewellery manufacturing, specializing in antique bridal pieces, has recently concluded the subscription period for its Initial Public Offering (IPO) on December 21.

The company, aiming to raise ₹100 crores, offered 1 crore fresh shares in the price band of ₹95 to ₹100 per share. The minimum lot size for retail investors was set at 150 shares, translating to a minimum investment of ₹15,000. The strong subscription numbers reflect the retail investors’ keen interest in the IPO.

Checking Allotment Status:

Investors can check the allotment status of RBZ Jewellers IPO on the registrar's website or the BSE website.

On the Registrar's Website:

  1. Visit the registrar's website.
  2. Select ‘RBZ Jewellers' under ‘Select Company'.
  3. Enter your PAN, application number, DP/Client ID, or Account number/IFSC.
  4. Complete the captcha verification.
  5. Click on submit to view your allotment status.

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On the BSE Website:

  1. Go to the BSE website.
  2. Click on ‘Equity' and select ‘RBZ Jewellers' from the dropdown menu.
  3. Enter your application number and PAN.
  4. Click on ‘Search' to view the allotment status.

RBZ Jewellers IPO: The company, which is strategically expanding its presence in southern India, a region accounting for 41% of the country’s total jewellery demand, has garnered significant investor interest during its IPO.

The IPO, which opened on December 19, saw a favourable response from retail and non-institutional investors (NIIs), achieving full subscription on its very first day. The demand continued robustly in these segments, with the final day witnessing the retail subscription rate soaring to 24.74 times and NIIs at 9.27 times. Notably, the portion reserved for qualified institutional buyers (QIBs) also attracted considerable attention, achieving a 13.43 times subscription on the closing day.

The shares of RBZ Jewellers Limited are expected to be listed on the BSE and NSE on Wednesday, December 27, marking a significant milestone for the company.

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Posted In: NewsIPOsRBZ Jewellers