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SME IPO Status: Listed [12th Mar 2020 to 17th Mar 2020]
| SME IPO Issue Opening Date: | 12th Mar 2020 |
| SME IPO Issue Closing Date: | 17th Mar 2020 |
| SME IPO Issue Price: | ₹36 Per Share |
| DRHP: | Download DRHP |
| Anchor List: | Download Anchor List |
| IPO Listing At: | BSE SME |
| Retail Quota: | TBD |
| SME IPO Issue Type: | Fixed Price Issue |
| SME IPO Issue Size: | ₹4.91 Cr |
| Fresh Issue: | ₹10 Per Eq Share |
| Face Value: | ₹10 Per Equity Share |
| Promoter Holding Pre IPO: | 87.38% |
| Promoter Holding Post IPO: | 45.26% |
| BSE Code: | 543171 |
Get important updates regarding RO Jewels SME IPO tentative timeline covering SME IPO opening, closing, allotment, and listing dates. Dates are updated as they are announced.
| SME IPO Activity | Date |
|---|---|
| Basis of Allotment Date* | 23rd Mar 2020 |
| Refunds Initiation* | 24th Mar 2020 |
| Credit of Shares to Demat* | 24th Mar 2020 |
| SME IPO Listing Date* | 25th Mar 2020 |
* - Tentative Dates
| SME IPO Activity | Date |
|---|---|
| Issue Price | ₹36 |
| Market Lot: | 3000 Shares |
| 1 Lot Amount: | ₹324000000 |
| Min HNI Lots: | 3000 shares(1 lots) |
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**The GMP prices shown here are only news related to the grey market. We do not trade/deal in grey market or subject to rates (sub2), nor do we recommend trading in grey market.
RO Jewels IPO review covers all the information regarding the company like business, objective, strength, weakness, financials, IPO Price, important dates and much more.
RO Jewels IPO opens on 12-Mar-2020 and closes on 17-Mar-2020. The price for IPO is fixed at₹36 per share and lot size is 3000 shares.
Incorporated Year: 2018
Sector: Gems and jewellery industry
Website: www.rojewels.in
RO Jewels Limited is the Gujarat (Ahmedabad) based wholesale jewelry business firm engaged in selling gold and silver jewelry especially chains. Other products that the company sells include bracelets, gold/silver bars, and necklaces. The company purchase readymade chains and other jewelry in wholesale from jewelry manufacturers and independent jewelry wholesalers and sell throughout in Gujarat by B2B marketing and also at their showroom at Manek Chowk, Ahmedabad.
The company procure gold & silver majorly through the bullion market and local markets in Ahmedabad. The company acquired M/s Ravi Ornaments of their promoter Mr. Bharat Rasiklal Shah in Dec 2019.
All their jewelry is hallmarked from BIS recognized Assaying and Hallmarking center to maintain the purity of gold.
| Incorporation | Sector | IPO Issue Size | Website |
| NULL | ₹4.91 Cr | www.rojewels.in |
The objective of the issue is to utilize the proceeds of the Fresh Issue to meet the following objects:
The table below is live update of SME IPO bidding details from NSE and BSE.
| Day | QIB | NII | RII | Total | |
|---|---|---|---|---|---|
| # of Shares Offered | 0 (0%) | 69,000 (5.32%) | 69,000 (5.32%) | 1,296,000 | |
| 1 | 12th Mar 2020 17:02 | 0.00x | 0.00x | 0.00x | 0.00x |
| 2 | 13th Mar 2020 18:51 | 0.17x | 0.01x | 0.09x | |
| 3 | 16th Mar 2020 18:51 | 0.71x | 0.06x | 0.39x | |
| 4 | 17th Mar 2020 18:51 | 1.95x | 0.43x | 1.19x |
| RO Jewels IPO Financials | 31-Mar-2019 | 31-Mar-2018 | 31-Mar-2017 |
|---|---|---|---|
| Total Assets | ₹1.79 Cr | ₹2.30 Cr | ₹1.56 Cr |
| Total Revenue | ₹4.24 Cr | ₹9.76 Cr | ₹5.74 Cr |
| Net Profit/Loss | ₹0.15 Cr | ₹0.68 Cr | ₹0.59 Cr |
Last Updated on 24-Mar-2020 19:51:53
