December 19, 2023 - December 21, 2023

RBZ Jewellers IPO Review & Recommendations

Dilip Davda has given "Apply" recommendation to RBZ Jewellers IPO. Swastika Investmart Ltd has given "May Apply" recommendation to RBZ Jewellers IPO. Capital Market has "Neutral" view about the IPO. Axis Capital has "Not Rated" the IPO.

RBZ Jewellers IPO Review Summary from brokers and analysts

Review By	Apply	May Apply	Neutral	Avoid	Not Rated
Count	1	1	1	0	1
%	25.00	25.00	25.00	0.00	25.00

RBZ Jewellers IPO Analysis By Brokers/Analysts

Reviewer	Recommendation	Past Reviews
Axis Capital	Not Rated
Capital Market	Neutral
Dilip Davda	Apply
Swastika Investmart Ltd	May Apply

RBZ Jewellers IPO Capital Market Rating

The Captial Market (CapitalMarket.com) rating for RBZ Jewellers IPO is 40. Their analysis recommends Avoid, however active risk seekers can try for the IPO.

Reviewer	Rating Score	Rating
Capital Market	40	Avoid, however active risk seekers can try

RBZ Jewellers IPO Review by Dilip Davda (Apply)

[Dilip Davda] The company is a manufacturer as well as marketing of gold jewellery. It has its own show room as well as it supplies to many retailers on Pan-India basis. Its financial track record shows steady growth in its top and bottom lines. Based on FY24 annualized earnings, the issue is reasonably priced. Investors may park funds for the medium to long term rewards. Read detail review...

RBZ Jewellers IPO Peer Comparison

RBZ Jewellers Limited peer comparison with similar listed entities. (As on March 31, 2023)

Company Name	EPS (Basic)	EPS (Diluted)	NAV (per share) (Rs)	P/E (x)	RoNW (%)	Financial statements
RBZ Jewellers Limited	7.44	7.44	30.82		24.15
Thangamayil Jewellery Ltd	58.13	58.13	283.38	24.78	20.50	Consolidated
D P Abhushan Limited	20.33	20.33	81.36	28.46	25.02	Consolidated
Titan Company Limited	36.61	36.61	134.09	93.06	27.50	Consolidated
Ashapuri Gold Ornament Limited	0.71	0.71	33.01	14.96	2.16	Consolidated
Sky Gold Limited	17.32	17.32	91.34	49.46	18.96	Consolidated
Kalyan Jewellers India Limited	4.20	4.20	35.28	78.33	11.88	Consolidated
Senco Gold Limited	22.93	22.87	156.51	32.50	13.04	Consolidated

Notes: -

Considering the nature, range of products/services, turnover and size of business of the Company, the peers are not strictly comparable. However, above companies have been included for broad comparison

P/E Ratio has been computed based on the closing market price of equity shares on NSE / BSE as on May 31, 2023, divided by the Diluted EPS.
Return on Net Worth=Profit after tax for the period/year divided by total equity as at year-end date.
NAV is computed as the total equity at the end of the year divided by the outstanding number of equity shares at the year's end, including the effect of compulsorily convertible non-cumulative preference shares.

RBZ Jewellers IPO Review by Members

RBZ Jewellers IPO Reviews, analysis and views by popular members. Read RBZ Jewellers Limited IPO reviews by retail investors to find recommended ipo to buy.

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RBZ Jewellers IPO Review Summary by Members

Review By	Apply	May Apply	Neutral	Avoid
Count	0	2	0	0
%	0.00	100.00	0.00	0.00

Member	Review
B.M.SURANA Chennai	May Apply for Listing Gain at Upper Price Band May apply for Listing gain . Apply after 2PM last day. If QIB HNI Response is good December 20, 2023 11:30:12 AM
Crow IPO Mentor (900+ Posts, 1000+ Likes)	May Apply for Listing Gain at Cut-off Price Apply if GMP appears and QIB subscription goes beyond 30x. December 19, 2023 7:16:49 PM

Member

Review

B.M.SURANA Chennai

May Apply for Listing Gain at Upper Price Band

May apply for Listing gain .
Apply after 2PM last day.
If QIB HNI Response is good

December 20, 2023 11:30:12 AM

Crow

IPO Mentor (900+ Posts, 1000+ Likes)

May Apply for Listing Gain at Cut-off Price

Apply if GMP appears and QIB subscription goes beyond 30x.

December 19, 2023 7:16:49 PM

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