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RO Jewels Limited IPO details

RO Jewels Limited IPO details 38

RO Jewels Limited IPO subscription period from March 12 to March 17, 2020:

The RO Jewels Limited embodied in 2018. The company involved in the wholesale Silver and Gold business. The IPO subscription period starts on 12th March and it will end on 17th March 2020. 

IPO Details:

Bid periodMarch 12 to March 17, 2020
IPO Type Fixed Period Issue
IPO Size1,365,000 Eq shares of Rs 10 (aggregating up to Rs 4.91 cr)
Face ValueRs 10 Per Eq Share
IPO PriceRs 36 Per Eq Share
Market Lot3000 shares
Min Order Quantity3000 Shares
Listing AtBSE SME

It is a ‘Fixed Price Issue’ IPO with the face value of Rs 10 per equity share. The size of the issue is 1,365,000 equity shares with an aggregating up to Rs 4.91 crore. Moreover, the price of the IPO is Rs 36 per equity share.

Promoter Holdings:

Mr.Bharat Rasikalal Shah, Mrs. Pravinaben Shah, and Mr. Shubham Bharatbhi Shah act as promoters for this IPO.

Also Read: PSU Bank Shares: Bank of India dropped by over 5%

Pre Issue Share Holding87.38%
Post Issue Share Holding45.2%

The minimum amount of investment should be Rs 108,000 for a single lot (1 lot= 3000 shares). The RO Jewels IPO will be listed in BSE SME. The company plans to utilize the raised amount for existing capital requirements, IPO expenses, and general corporate purposes.


KFin Technologies Private Limited

Selenium, Tower B, Plot No. 31 & 32, 

Financial District, Nanakaramguda, Serilingampally,

Hyderabad 500032, Rangareddi Telangana, India

Phone: +91 40 6716 2222



Disclaimer: This post is just information about the IPO. It does not give any advice or recommendation. Please read the offer document carefully and consult your advisor before investing.

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