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.
March 12 to March 17, 2020
Fixed Period Issue
1,365,000 Eq shares of Rs 10 (aggregating up to Rs 4.91 cr)
Rs 10 Per Eq Share
Rs 36 Per Eq Share
Min Order Quantity
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.
Mr.Bharat Rasikalal Shah, Mrs. Pravinaben Shah, and Mr. Shubham Bharatbhi Shah act as promoters for this IPO.
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.