IPO DETAILS : RO Jewels Ltd.

202, Shri Virkala Complex, M.G. Haveli R, Manekchowk Co. Op Bank Ahmedabad, Gujarat - 380001
Phone: 22144429

Public Issue of 1365000 Equity Shares of Rs 10.00 each for Cash at a Premium of Rs 26.00 per share.
Issue Open DateIssue Closing DateApplication MoneyAllotment Money
12/03/202017/03/202036.00 -
Lead Managers Registrar Listed at
KFIN Technologies Pvt. Ltd.
Karvy Selenium, Tower B,
Plot No. 31 & 31, Gachibowli,, Financial District, Nanakramguda,
Ranga Reddy District, Telangana - 500032
Phone: 67162222 Fax: 23431551
Object of the issue

The Objects of the Issue are:

1) Additional Working Capital;
2) General Corporate Expenses and
3) To meet the expenses of the Issue

Project Cost
(Rs. in Crs.)
Means of Finance
(Rs. in Crs.)
Promoted by

The Promoters of the Company are :

1. Mr. Bharat Rasiklal Shah
2. Mrs. Pravinaben Shah
3. Mr. Shubham Bharatbhai Shah

1. Mr. Bharat Rasiklal Shah : Mr. Bharat Rasiklal Shah, aged 57 years, is the Promoter and Whole Time Director of the company. After completion of matriculation, he has joined the jewellery business in the year 2005. For the expansion of business, he has started his own proprietary firm under the name of Ravi Ornaments. His in-depth knowledge of jewellery industry has contributed immensely towards the growth of the firm which is now merged into the company.
Currently, he is looking after the marketing and accounts department of the Company. He is also responsible in
strengthening the sales and marketing strategy of the company.

Pan : AFSPS5429Q
Aadhaar Card No. : 590262765808
E.C. Voter Id No. : IIE2766202
Driving License No. : GJ01 20040196196

2. Mrs. Pravinaben Shah : Mrs. Pravinaben Shah, aged 47 years, is the Promoter and Non- Executive Director of the Company. She has done her matriculation. She brings value addition to the Company.

Pan : AWJPS0653G
Aadhaar Card No. : 412817933198
E.C. Voter Id No. : IIE2766194
Driving License No. : GJ01 20050045146

3. Mr. Shubham Bharatbhai Shah : Mr. Shubham Bharatbhai Shah, aged 24 years, is the Managing Director and Chief Financial Officer of our company. He studied 2 years in the field of Masters of Business Administration from L.J. Institute of Management, Ahmedabad. Then he joined his family business of jewellery in the year 2014. In 2018, he ventured out to start his jewellery business with parents and started this company under the name of =RO Jewels Limited‘. He has more than 5 years of experience in jewellery industry. As a MD, CFO and Promoter of the company, his responsibility is
related to creating, researching and updating the stock of chains and other jewellery ‘s with traditional and western and indo western designs of chains and other jewellery ‘s.

Pan : FKWPS2457A
Aadhaar Card No. : 221682251289
E.C. Voter Id No. : IIE2766210
Driving License No. : GJ0120140005158