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RBZ Jewellers IPO

Gold Jewellery / Diamonds - Listed on 27 December 2023

0.0% listing gain
Issue Price (Upper)
Rs 100
Listing Price
Rs 100
Closing Price (NSE)
Rs 105
Total Subscription
16.65x

RBZ Jewellers IPO listing summary

RBZ Jewellers (Gold Jewellery / Diamonds) closed its IPO window in 2023 and listed on NSE and BSE on 27 December 2023 at an upper band issue price of Rs 100, opening at Rs 100 for a listing gain of 0.0% and closing day one at Rs 105 (+5.0% on closing basis). The IPO was subscribed 16.65x overall - QIB 13.43x, HNI/NII 9.23x, Retail 24.30x. The total issue size was Rs 100 Cr (Fresh Issue Rs 100 Cr, OFS Rs 0 Cr). IPO GMP data, subscription trends across Day 1 - Day 3 and Nifty performance around the listing window are detailed below.

Listing day performance

Listing Gain (Open)
0.00%
Listing Gain (Close)
+5.00%
Day Change After Listing
+5.00%
Retail Quota
35.0%

Subscription breakdown

Final (Day 3) subscription

Number of times each investor category subscribed by close of Day 3.

QIB13.43x
HNI / NII9.23x
Retail24.30x
Overall16.65x

Day-wise overall subscription

How overall subscription built up across the three-day issue window.

Day 12.28x
Day 27.15x
Day 3 (Final)16.65x

RBZ Jewellers IPO GMP history

Grey market premium (GMP) tracked day-by-day across the IPO window. Absolute GMP is the premium in rupees over the upper issue price; GMP % is that premium as a percent of the issue price.

DayGMP (Rs)GMP %
Day 1Rs 10+10.00%
Day 2Rs 10+10.00%
Day 3Rs 7+7.00%
Day 4Rs 7+7.00%
Day 5Rs 7+7.00%

GMP Prediction vs IPOGyani AI Prediction

Comparison between market-based GMP prediction and IPOGyani's AI-powered listing gain prediction.

GMP Prediction Range
7.0%-10.0%
IPOGyani AI Prediction
-
Actual Listing Gain
0.0%

Issue & financials

Issue SizeRs 100 Cr
Fresh IssueRs 100 Cr
OFSRs 0 Cr
IPO PE13.44
Peer / Sector PE20.00
PE vs Sector Ratio0.67
Latest EBITDA (Cr)13.71
Debt / Equity1.02

Market context at listing

How the broader market moved around the RBZ Jewellers IPO window. Helpful for isolating how much of the listing gain came from company fundamentals vs. market tailwind.

Nifty 3D Return-0.98%
Nifty 1W Return-0.63%
Nifty 1M Return+4.01%
Nifty during IPO window+0.79%

RBZ Jewellers IPO - FAQs

What was the listing gain of RBZ Jewellers IPO?

RBZ Jewellers IPO listed at 0.0% versus the upper issue price of Rs 100 on 27 December 2023.

How many times was RBZ Jewellers IPO subscribed?

RBZ Jewellers IPO was subscribed 16.65x overall. QIB portion was subscribed 13.43x, HNI / NII 9.23x and Retail 24.30x.

What was the IPO GMP for RBZ Jewellers?

IPO GMP started at Rs 10 on Day 1 and moved to Rs 7 by the close of the issue window. See the day-by-day GMP table above for the full trajectory.

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