Loading...
Guest User
Welcome! Please login.
| IPO Listing At | BSE SME |
| SME IPO Issue Type | Fixed Price Issue |
| Total Issue Size | ₹4.91 Cr |
| Reserved for Market Maker | ₹0.00 Cr |
| Net Issue Size | ₹4.91 Cr |
| Fresh Issue | ₹4.67 Cr |
| Face Value | ₹10 Per Equity Share |
| Issue Price | ₹36.00 per share |
| Discount | Retail: 0.00 |
| BSE Code | 543171 |
| Registrar | Kfin Technologies Ltd. |
| Lead Managers | First Overseas Capital Ltd. |
| Allotment Status | |
| DRHP |
| RHP |
| Final Prospectus |
 ₹0 A/C OpeningFree MF ₹20F&O Trade ₹0Delivery 1Cr+Customers Open Free Account → |
 ₹0 A/C Opening₹0 AMC Trading Account ₹20F&O Trade ₹20Delivery FreeIPO Apply Open Free Account → |
Disclaimer: GMP is sourced from grey market dealers and is indicative only. Always conduct your own due diligence.
* Allotment, Refund, Demat Credit & Listing dates are tentative and subject to change.
Minimum bid: 3,000 shares and in multiples thereof
Incorporated in 2018, RO Jewels is engaged in the wholesale business of Silver and Gold chains. It is an Ahmedabad based business to sell gold/silver necklaces, bars, bracelets, and chains. RO Jewels acquired M/s Ravi Ornaments dated 18th Dec 2019.
The company purchases the readymade jewelry from the independent wholesalers and manufacturers across Mumbai and Ahmedabad. It has a showroom at Manek Chowk, Ahmedabad to sell the products. Apart from this, the company also sells products to other jewelry stores through B2B marketing strategy.
The Jewelry portfolio of the company includes Indo-western, traditional, and modern jewelry. All the jewelry offered by RO Jewels has BIS Hallmark (widely accepted mark of purity of gold).
Competitive Strength
1. Established brand name in the local market
2. The long term strong business relationships
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Additional Working Capital | 4.60 |
| 2 | General Corporate Expenses | 0.06 |
| 3 | To meet the expenses of the Issue | 0.25 |
| Metric | Pre IPO | Post IPO |
|---|---|---|
| P/E (x) | 34 | |
| Promoter Holding | 87.38% | 45.26% |
| Market Cap | ₹10.20 Cr. | |
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Issue management fees including fees and reimbursements of Market Making fees and payment to other intermediaries such as Legal Advisorsto the IPO, Registrars and other out of pocket expenses | 0.20 |
| 2 | Printing & Stationery, Advertisement, Distribution, Postage, etc | 0.03 |
| 3 | Listing Fees, Market Regulatory & other expenses | 0.02 |
Last Updated on 07-May-2025 19:31:11
