Key Points
Ahead of the listing, the company's shares are commanding a premium of Rs 0 in the unlisted market...
If we consider the upper price band of Rs 100, the stock is expected to see a lacklustre debut and it can even list at a discount...
However, it is important to note that grey market premia are just an indicator as to how the company's shares are stacked up in the unlisted market and are subject to change rapidly...
The public offer of RBZ Jewellers was subscribed 16.72 times at close..
According to a Care Edge Report, RBZ Jewellers has established a customer base in the wholesale business, serving reputed national, regional, and local family jewellers across 19 states and 72 cities in India...
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