RBZ Jewellers Ltd. has announced public offering of 10000000 shares at a price of Rs 10.00 each for Cash at a Premium of Rs 90.00 per share. The gross proceeds of the issue are expected to be Rs 10,000.00 lakhs.
The company's initial public offer (IPO) will open on 19 December 2023 and is expected to close on 21 December 2023, subject to customary closing conditions. The price band of the issue has been fixed at Rs 95.00-100.00 per share.
The IPO includes a fresh Issue of 10000000 Equity Shares of the Company at an price of Rs 100.00 per Equity Share. The company has fixed the minimum bid lot for the issue at 150 shares with bids in multiples of 150.
RBZ Jewellers Ltd. anticipates using the proceeds of the issue for .
Arihant Capital Markets Ltd. as lead manager & Bigshare Services Private Limited. is the registrar, to the issue.