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IPO Details

IPO Date [.]
Listing Date [.]
Face Value ₹10 per share
Price Band
Sale Type Fresh capital only
Issue Type Bookbuilding IPO
Listing At BSE, NSE
Total Issue Size 1,03,60,000 shares
(agg. up to ₹[.] Cr)
Fresh Issue 1,03,60,000 shares
(agg. up to ₹[.] Cr)
Share Holding Pre Issue 3,10,00,000 shares
Share Holding Post Issue 4,13,60,000 shares

IPO DRHP Status

Description Date
Filed with SEBI/Exchange Wed, Sep 30, 2026

Issue Reservation

Investor Category Shares
QIB Not more than 50% of the Issue
Retail Not less than 35% of the Issue
NII Not less than 15% of the Issue

About Rathod Jewellery Manufacturing Ltd.

Incorporated in 2012, Rathod Jewellery Manufacturing Ltd. is a B2B jewellery manufacturer specializing in the design, production, and sale of handcrafted gold jewellery studded with uncut diamonds (chakri and polki), diamonds, coloured gemstones, and other precious and semi-precious stones. The company primarily serves organized jewellery retail chains, retailers, and wholesalers across India, while also catering to select international markets.

Its product portfolio includes uncut diamond (chakri) jewellery, polki jewellery, kundan jewellery, and diamond jewellery. The company offers a diverse range of traditional, contemporary, bridal, and everyday-wear designs, including bangles, bracelets, earrings, mangalsutras, necklaces, nose pins, pendants, rings, tikkas, and other jewellery pieces. As of March 31, 2026, the company maintained an extensive catalogue of more than 4,456 active SKUs.

Manufacturing: Rathod Jewellery operates two integrated manufacturing facilities located in Kolhapur, Maharashtra, and Jaipur, Rajasthan, with a combined area of approximately 48,868 square feet.

Customers: Its customer network spans 15 states and union territories across India and includes leading jewellery brands such as Kalyan Jewellers, Novel Jewels, Joy Alukkas, and Titan. The company also serves customers in international markets, including the UAE, Qatar, and the United States.

As of August 31, 2026, Rathod Jewellery was supported by a dedicated in-house design team comprising 49 designers.

Competitive Strengths:

  • Established B2B customer network supported by long-standing relationships
  • Key player in the uncut diamond (chakri) jewellery segment
  • Integrated manufacturing capabilities: Ensuring quality at every stage
  • Diversified product portfolio across multiple product categories
  • Technology-enabled in-house design capabilities
  • Experienced Promoters and management team with strong execution capabilities

Company Financials (Restated)

Rathod Jewellery Manufacturing Ltd.’s revenue increased by 31% and profit after tax (PAT) rose by 49% between the financial year ending with March 31, 2026 and March 31, 2025.    (Amount in ₹ Crore)

Period Ended 31 Mar 2026 31 Mar 2025 31 Mar 2024
Assets 299.41 247.42 253.53
Total Income 672.79 511.83 347.76
Profit After Tax 50.47 33.97 36.28
EBITDA 71.81 47.77 23.34
NET Worth 158.01 107.14 139.21
Reserves and Surplus 157.85 106.98 139.05
Total Borrowing 97.92 102.01 88.86

Recently Listed IPOs in Gems, Jewellery And Watches

Company Issue Type Issue Size Issue Price PE Ratio Listing Day Close Listing Gain/Loss % LTP
Deepa Jewellers Ltd. Mainboard ₹459.72 Cr ₹177 13.85 ₹194.37 +9.81% ₹192.17
Priority Jewels Ltd. Mainboard ₹91.50 Cr ₹200 15.21 ₹241.50 +20.75% ₹290.45
Shankesh Jewellers Ltd. Mainboard ₹367.18 Cr ₹93 10.24 ₹94.82 +1.96% ₹87.93

IPO Objects of the Issue

The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:

  • # Issue Objects
    Est Amt (₹ Cr.)
  • 1 Funding incremental working capital requirements of company
    115.00
  • 2 Repayment and/or pre-payment, in full or in part, of borrowing availed by the company
    90.00
  • 3 General corporate purposes
  • Total
    205.00

Key Performance Indicator (KPI)

KPI Mar 31, 2026
ROE 38.07%
ROCE 29.32%
Debt/Equity 0.62
RoNW 31.94%
PAT Margin 7.56%
EBITDA Margin 10.76%
NAV 50.97

Shareholding Structure

Category Pre IPO Post IPO
Promoter and Promoter Group 99.99%
Public 0.01%
Total 100%

Company Promoters: Chandrakant Hanjarimal Rathod, Rupali Chandrakant Rathod, Reeva Chandrakant Rathod and Hridhay Chandrakant Rathod.

IPO Registrar

MUFG Intime India Pvt.Ltd.

  • 022-49186000
  • rathodjewellery.ipo@in.mpms.mufg.com
  • Visit Website

IPO Lead Manager(s)

  1. Hem Securities Ltd.

Lead Manager Reports

  • Lead Manager Performance Summary
  • Lead Manager Performance Tracker

Contact Details

Rathod Jewellery Manufacturing Ltd. Address
Plot No F-12/1, MIDC Shiroli
Hatkanangle
Kolhapur, Maharashtra, 416122

IPO FAQs

Rathod Jewellery Manufacturing IPO is a main-board IPO of 1,03,60,000 equity shares of the face value of ₹10 aggregating up to ₹[.] Crores. The issue is priced at To be declared. The minimum order quantity is .

The Rathod Jewellery Manufacturing IPO open and close dates are not available as of now.

MUFG Intime India Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.

Angel One customers can apply online in Rathod Jewellery Manufacturing IPO using UPI as a payment gateway. Angel One customers can apply in Rathod Jewellery Manufacturing IPO by login into Angel One Console (back office) and submitting an IPO application form.

Steps to apply in Rathod Jewellery Manufacturing IPO through Angel One

Visit the Angel One website and login to Console.
Go to Portfolio and click the IPOs link.
Go to the ‘Rathod Jewellery Manufacturing IPO’ row and click the ‘Bid’ button.
Enter your UPI ID, Quantity, and Price.
Submit IPO application form.
Visit the UPI App (net banking or BHIM) to approve the mandate.
Visit Angel One IPO Application Process Review for more detail.

The Rathod Jewellery Manufacturing IPO dates are not announced. Please check back again after some time.

Rathod Jewellery Manufacturing IPO lot size and the minimum order quantity is not available at this time. Please check again later.

You can apply in Rathod Jewellery Manufacturing IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don’t offer banking services. Read more detail about applying IPO online through Angel One, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.

The finalization of Basis of Allotment for Rathod Jewellery Manufacturing IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the Rathod Jewellery Manufacturing IPO allotment status.

The Rathod Jewellery Manufacturing IPO listing date is not yet announced. The tentative date of listing is .

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