RBZ Jewellers Limited raises Rs. 21 crore from Anchor Investors
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RBZ Jewellers Limited, one of the leading organised manufacturers of gold jewellery in India, specializing in Antique Bridal Gold Jewellery and distributing to reputable nation-wide retailers and significant regional players in India, has garnered Rs. 21 crores from anchor investors ahead of its initial public offering that opens for public subscription on Tuesday, December 19, 2023. The company informed the bourses that it allocated 21,00,000 equity shares at Rs. 100 per share on Monday, December 18, 2023, to anchor investors.
PGIM India Equity Growth Opportunities Fund – Series I bought 5 lakh equity shares amounting to Rs 5 crore, BOFA Securities Europe SA – ODI bought 11 lakh equity shares amounting to Rs 11 crores and Negen Undiscovered Value Fund purchased 5 lakh equity shares valued at Rs 5 crore.
Arihant Capital Markets Limited is the sole book running lead manager and Bigshare Services Private Limited is the registrar to the Issue.
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