RBZ Jewellers Limited IPO Message Board (Page 3)

After the soft listings today, many are predicting a negative listing for RBZ. It is true that there is no action in GMP. I think it is mainly because the LM doesn't have much of a track record and has not been managing the GMP. However, the fundamentals of the company seem attractive and valuation is reasonable. While a discount listing is certainly possible, I think this will surprise on the upside and list with a gain. If it doesn't, I think it will do well in the long term.

This is just my opinion and not a recommendation. My risk tolerance is different than yours and what is appropriate for me may not be appropriate for you. Please do your own due diligence before investing.

I want to buy this share as a portfolio stock please advise whether I should buy this in pre open or after listing. your suggestions will be helpful for me

If you are willing to take the risk that the stock hits UC and you have to chase it to buy it, then you can wait after listing . If you don't want to take that risk, better to buy in the pre-open.

​@Piyushsaboo I will suggest not to buy in preopen and wait to buy later in 1-2 days

Members pls help, If I put order of for RBZ at 105 in pre-open session and it get listed at 100. Will I get share at 105 or 100?
Thanks in advance

For example RBZ lists at 101 and you placed buy order at 105. Then your order will be executed at 101.

But incase you had placed buy order at 95 and your order will not be executed as listing price is above your order price. Hope this helps.

Thanks @TIPSY

Got 1 retail lot. Pre opening me profit hone ka kuch chance hai...ya hold kare

There are high chances that RBZ will list in discount too like Suraj and Muthoot; advice would be exit this as soon as possible

I think it will list at 78.25 and max it may go upto 85.75.

To to gya bhai aab tu dekh tu to gya #brz jwl

Rate cuts are in the offing. Once rate cuts are initiated by Federal Reserve/RBI in the first quarter of 2024, Gold prices will zoom further. This would augur well for Gold Jewellery Cos. If one can wait upto Diwali 2024, RBZ may touch 160. One can refer my posting 265 on 3.10.23, 273 on 6.10.23 and 279 on 13.10.23 of Manoj Vaibhav.

There can be a marginal correlation between gold prices and jewellery demand . Gold prices are reflection of global economic risks and demand of gold as investment instrument . Indian jewellery market is driven by occassions and traditions. Log loan leke bhi jewellery kharidte hain for marriage and other ceremonies .

​@Vnrao  Your Analysis over Manoj vaibhav proved 💯 correct.
Highly Appreciate your knowledge and thinking perspective.

Recently I Realized Gold Sector very Fancy Position Kalyan Jweller, Manoj vaibhav & Senco Gold Few Examples

In My though this script list flat or small listing gain but sure after list upper circuit and within month price 115 or near trade

this is not recommended this is my though. I have 2 retail lot
Hold for at least next Diwali

My guess turned out to be true

Got 2/2BHNI , 1/8Retail . GMP neutral . Any hope of listing gains?

In current market scenario, positive listing of this counter looks doubtful. Let's hope for the best.

UC in first 5minutes .

​@newgen consultancy Sir please share your losting stratergy. Should we buy in preopen or wait for some more days?

I too plan to hold my lots for the long term. Will look to add if it goes into discount.

If no body want to sale then think Rbz kya ho sakta hai,can another manoj or vaibhav

Patience is required in holding this scrip.Manoj Vaibhav(MVGJL) also with single digit subscriptions listed flat on listing day, went into discount after two days then bounced back to give 70% gains in 40 days. I hope the same story may repeat here albeit in a lesser level. I will be holding my two lots up to May 24.

I will hold my one lot upto 1 years, I believe in Newgen recommended

Yeh bhi nahin mila. Shayad achha hi huwa, listing ke baad acche daam pe miley. Nahin?

​@CoolAsh It is upto 9:45AM, but do not wait until 9:44, put your order well before 9:40.
If there is a lot of rush your order might not get sent to the exchange. It happened with me twice..

​@Vimal Garodia Thanks

One thing I marked here, all allottees willing to hold.

I got allotement of 2101 shares

What is the target in one year please give suggestion senior of this group

What is the target in one year please give suggestions senior

i dnt get any msg about rbz
koi bolega kaise check kare

thxx bidu

Haha yoo 🤘

​@Monster Zero i have been alloted shni application in this, not sure if I should be happy or worried about listing. Do you think it will show a upward movement after listing, also i am holding red tape since demerger, is there any stock right now that you have your eye on, one stock that can be bought on Tuesday?

1/3 Retail. Fingers crossed for listing price.
0/3 -Happy and Credo