| Category | Min Lots | Shares | Amount |
|---|---|---|---|
| Retail (sNII) | 1 | 3,000 | ₹1,08,000 |
| HNI / NII | 2 | 6,000 | ₹2,16,000 |
| Category | Sub (×) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| NII / HNI (Total) | — | 6,48,000 (47.47%) | — | ₹233.28 Cr |
| Retail Investors | — | 6,48,000 (47.47%) | — | ₹233.28 Cr |
| Total ** | — | 13,65,000 (100.00%) | — | ₹4,914.00 Cr |
| Market Maker * | — | 69,000 (5.05%) | — | ₹2.48 Cr |
| Metric | 30-Sep-19 | 31-Mar-19 | 31-Mar-18 |
|---|---|---|---|
| Revenue | 1047.22 | 424.34 | 975.70 |
| PAT | 15.05 | 1.49 | 6.85 |
| EBITDA | — | — | — |
| Net Worth | — | — | — |
| Total Assets | 580.25 | 179.06 | 230.49 |
| Reserves | — | — | — |
| Borrowings | — | — | — |
Incorporated in 2018, RO Jewels is engaged in the wholesale business of Silver and Gold chains. It is an Ahmedabad based business to sell gold/silver necklaces, bars, bracelets, and chains. RO Jewels acquired M/s Ravi Ornaments dated 18th Dec 2019.
The company purchases the readymade jewelry from the independent wholesalers and manufacturers across Mumbai and Ahmedabad. It has a showroom at Manek Chowk, Ahmedabad to sell the products. Apart from this, the company also sells products to other jewelry stores through B2B marketing strategy.
The Jewelry portfolio of the company includes Indo-western, traditional, and modern jewelry. All the jewelry offered by RO Jewels has BIS Hallmark (widely accepted mark of purity of gold).
Competitive Strength
1. Established brand name in the local market
2. The long term strong business relationships