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RO Jewels Ltd IPO is a Fixed Price IPO listing on BSE SME exchange. The company is based in Ahmedabad and caters to Jewellery sector. First Overseas Capital is the merchant banker of RO Jewels Ltd IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 23rd December 2019.
RO Jewels Ltd IPO open date is 12th March 2020 and close date is 17th March 2020. IPO Allotment Date is 20th March 2020 and Listing date is 25th March 2020.
IPO
Size:
₹ 4.91 Cr.
Avg IPO Size (Sector Based)
: ₹
14.93 cr.
Sector: Jewellery
SME
IPO so far:
41
Merchant Banker:
First Overseas
SME
IPO by BRLM so far:
51
City:
Ahmedabad
SME
IPO so far:
174
Revenue (annualised):
₹
20.94
cr. 
PE
Ratio:
34.00x
Average Sector PE Ratio: 25.29x
RO Jewels Ltd IPO size is ₹ 4.91 Cr. with IPO price of ₹ 36.00. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
First Overseas Capital Limited is the book-running lead manager of the RO Jewels Ltd IPO. Kfin Technologies Limited is the Registrar and Market Maker is Beeline Broking Limited for RO Jewels Ltd IPO.
RO Jewels Ltd IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
IPO
Size:
₹ 4.91 Cr.
Avg IPO Size (Sector Based)
:
₹ 14.93 Cr.
Sector: Jewellery
SME
IPO so far:
41
Merchant Banker:
First Overseas
SME
IPO by BRLM so far:
51
City:
Ahmedabad
SME
IPO so far:
174
Revenue (annualised):
₹ 20.94 cr.
PE
Ratio:
34.00x
Average Sector PE Ratio: 25.29x
RO Jewels Ltd IPO, based in Ahmedabad, operates in the Jewellery sector with a focus on Wholesale business of gold and Silver chains. The company is launching its SME IPO on the BSE SME exchange, using the Fixed Price Issue method. RO Jewels Ltd IPO size is ₹ 4.91 Cr. with fresh issue size of ₹ 4.91 Cr. and Offer for sale being ₹ Nil.
The IPO allotment date for RO Jewels Ltd IPO is expected to be 20th March 2020, after the finalization of basis of allotment. Investors can check RO Jewels Ltd IPO allotment status on the registrars website, Kfin Technologies Limited. RO Jewels Ltd IPO refund dates are 23rd March 2020.
RO Jewels Ltd IPO is expected to be listed on 25th March 2020.
The upper price band for the RO Jewels Ltd IPO is set at ₹ 36.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.
For IPO analysis on RO Jewels Ltd IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.
To apply for the RO Jewels Ltd IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 17th March 2020. After submission, funds are blocked until the basis of allotment of RO Jewels Ltd IPO is finalised.
The merchant banker for RO Jewels Ltd IPO is First Overseas Capital Limited . First Overseas Capital Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the RO Jewels Ltd IPO RHP for further details.
The registrar for RO Jewels Ltd IPO is Kfin Technologies Limited. Investors can go to Kfin Technologies Limited registrar website for IPO allotment status, refund processing, and other queries related to RO Jewels Ltd IPO through their official website or helpline.
RO Jewels Ltd IPO was subscribed 1.19 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
RO Jewels Ltd IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on RO Jewels Ltd Financial Review Page
Merchant Banker(s) of RO Jewels Ltd IPO: First Overseas Capital Limited
RO Jewels Ltd IPO subscription was 1.19 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.
RO Jewels Ltd IPO listed at a listing price of 36.00 against the offer price of 36.00.
The current market price of RO Jewels Ltd is 2.38.
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