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ROJLSME / BSEListed
RO Jewels

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 Price₹36.00
Listing Gain+0.00%

IPO Schedule & Timeline

Fixed Price IPO
Open12 Mar 2020
Close17 Mar 2020
Allotment20 Mar 2020
Listing25 Mar 2020

Quota Reservation & Application Lots

Quota Reservation (% Shares)

Market Maker69,000 shares
5.05%
HNI6,48,000 shares
47.47%
Retail6,48,000 shares
47.47%

Minimum Application Lots

Retail1 Lot (3,000 shares)
₹1,08,000
HNI2 Lots (6,000 shares)
₹2,16,000

Company Promoters

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

Company Background

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...

Lead Managers & Bankers

Financial Performance

Figures in ₹ Crores
Metric Breakdown

Revenue

Latest (Sep-19)₹1047.22 Cr
Growth+82.3%
Revenue Trend (₹ in Crores)
0.0401.4802.91.2kMar-17Mar-18Mar-19Sep-19
PeriodRev (Cr)PAT (Cr)AssetsDebt
Sep-191,047.2215.05580.2500
Mar-19424.341.49179.060
Mar-18975.706.85230.490
Mar-17574.405.87156.130

Broker & Analyst Reviews

Review Not Available

Institutional broker reviews and analyst reports have not been released for this issue yet. Reviews are typically published 2 to 3 days prior to the issue opening date.

IPO Allotment & Registrar Status

Official Registrar: Kfin Technologies Limited

Allotment Finalized
Allotment Date
20 Mar 2020
Official Status
Out / Finalized
Registrar
Kfin Technologies Limited
Listing Date
25 Mar 2020

Official Allotment Verification Links

Official Registrar Portal
Kfin Technologies Limited

Direct allotment verification on the official registrar portal appointed for RO Jewels. Check with PAN or Application No.

Check on Registrar Portal
Stock Exchange Portal
BSE India Investor Portal

Official Bombay Stock Exchange investor verification channel using Issue Name and PAN Number.

Check on BSE India

Allotment Schedule & Milestones

IST
1. Allotment Finalization20 Mar 2020Basis of allotment declared
2. Refund Initiation1 day post allotmentUPI / ASBA mandate unblocked
3. Demat CreditPrior to listingShares credited to CDSL/NSDL
4. Listing Date25 Mar 2020Trading commences on exchange

How to Check RO Jewels Allotment Online

1Open Portal

Click on the official registrar link or BSE portal button above.

2Select Company

Select RO Jewels from the issue drop-down list.

3Enter Details

Select PAN, Application No., or DP Client ID and type your details.

4View Allocation

Click Submit to check your allotted share count and status.

Prospectus & Official Filings

Allotment FAQs & Help

About RO Jewels IPO

Complete issue overview for RO Jewels (ROJL) IPO. The issue features an equity share price band of ₹36 per share with a minimum retail lot size of 3000 Shares (minimum application amount of ₹1,08,000). Explore live market tracking on our GMP Tracker, compare against All IPO GMP Today, or view category bidding on the Subscription Page. Verify official allotment via IPO Registrars or review participating investment bankers in our Lead Managers Directory.

Frequently Asked Questions