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Open
12 Mar 2020
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Close
17 Mar 2020
3
Allotment
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Listing
Wed, Mar 25, 2020
Price Band
₹36 per share
Issue Size
13,65,000 shares (agg. up to ₹5 Cr)
Lot Size
3,000 Shares
Listing Date
Wed, Mar 25, 2020
Latest GMP
₹0
✦ AI Insight
GMP Trend
27-10-2025₹0Est. ₹—+0%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 1.10x |
Restated Financials (₹ Cr.)
| Period Ended | 30 Sep 2019 | 31 Mar 2019 | 31 Mar 2018 | 31 Mar 2017 |
|---|---|---|---|---|
| Assets | 5.80 | 1.79 | 2.30 | 1.56 |
| Total Income | 10.47 | 4.24 | 9.76 | 5.74 |
| Profit After Tax | 0.15 | 0.01 | 0.07 | 0.06 |
| NET Worth | 5.17 | 1.78 | ||
| Reserves and Surplus | 2.22 | 1.26 | 0.01 | 0.01 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Goblin India Ltd. | SME | ₹15.20 Cr | ₹52 | null | ₹56.60 | +8.85% | ₹8.00 (+0.00%) |
| SK International Export Ltd. | SME | ₹3.96 Cr | ₹20 | null | ₹20.00 | +0.00% | ₹28.75 (-4.33%) |
| Ashapuri Gold Ornament Ltd. | SME | ₹29.33 Cr | ₹51 | null | ₹51.00 | +0.00% | ₹4.02 (+1.01%) |
Objects of the Issue
| # | 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 |
About RO Jewels IPO
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 Strength1. Established brand name in the local market2. The long term strong business relationships+ Read More
Contact Details
RO Jewels Ltd. Address202, Shri Virkala ComplexM.G.Haveli RManekchowk Co.Op BankAhmedabad, Gujarat, 380001+91 79 22144429/ 22153329compliancerojewels@gmail.comVisit Website