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ROJLSME / BSEListed

RO Jewels Limited

RO Jewels, established in 2018, is a wholesale jewellery business based in Ahmedabad that deals in gold and silver chains along with products such as necklaces, bars, bracelets, and chains in both metals. To expand its operations, the company acquired M/s Ravi Ornaments on December 18, 2019. RO Jewels sources ready-made jewellery from independent wholesalers and manufacturers located in Mumbai and Ahmedabad and operates a showroom at Manek Chowk, Ahmedabad, where products are displayed and sold. Along with retail sales, the company follows a B2B model by supplying jewellery to other stores, offering collections in Indo-western, traditional, and modern designs, with all gold jewellery carrying BIS Hallmark certification to ensure purity and authenticity.

₹36 - ₹36Open
Listed Price36.00
Listing Gain+0.00%
TimelineFixed Price IPO
Open12 Mar 2020
Close17 Mar 2020
Allotment20 Mar 2020
Listing25 Mar 2020

Quota Reservation Portions

Market MakerPortion: 69,000 shares
5.05%
HNIPortion: 6,48,000 shares
47.47%
RetailPortion: 6,48,000 shares
47.47%

Minimum Application Bracket Matrix

Retail1 lots / 3,000 shares
₹1,08,000
HNI2 lots / 6,000 shares
₹2,16,000

About the Company

RO Jewels, established in 2018, is a wholesale jewellery business based in Ahmedabad that deals in gold and silver chains along with products such as necklaces, bars, bracelets, and chains in both metals. To expand its operations, the company acquired M/s Ravi Ornaments on December 18, 2019. RO Jewels sources ready-made jewellery from independent wholesalers and manufacturers located in Mumbai and Ahmedabad and operates a showroom at Manek Chowk, Ahmedabad, where products are displayed and sold. Along with retail sales, the company follows a B2B model by supplying jewellery to other stores, offering collections in Indo-western, traditional, and modern designs, with all gold jewellery carrying BIS Hallmark certification to ensure purity and authenticity.

Company Promoters

Mr. Bharat Rasiklal ShahMrs. Pravinaben ShahMr. Shubham Bharatbhai Shah