Dear Stakeholders,
At RBZ Jewellers Limited, our story is one of passion, perseverance, and a deep
commitment to the values that define us. Since our inception in 2008 in Ahmedabad, we have
grown from a modest operation into one of the leading organised manufacturers of gold
jewellery in India, specializing in Antique Bridal Gold Jewellery. This transformation has
been driven by our unwavering commitment to integrity, quality, and
transparency—principles that have guided every step of our journey.
Our expertise in creating antique bridal gold jewellery, deeply rooted in India's rich
cultural heritage, has set us apart in the market. Each piece we produce is not merely an
accessory but a testament to our dedication to cra_smanship and authenticity—a symbol
of cherished moments and enduring connections. We have earned the trust of national,
regional, and local family retailers across India, cementing our reputation as a reliable
and ethical player.
The Perfect Blend of Technology and Cra_smanship
At RBZ, we believe that the key to our continued success lies in our ability to
innovate while staying true to our roots. We continue to make significant investments in
cutting-edge technologies, such as 3D printing and laser technology, to enhance our
manufacturing processes and design capabilities. Our state-of-the-art facility in
Ahmedabad, equipped with advanced casting and finishing equipment, allows us to produce
over 1 ton of high-quality jewellery yearly.
This integration of modern technology with traditional cra_smanship has enabled us to
maintain the highest standards of quality, expand our product range, and meet the diverse
needs of our customers. Our skilled team of artisans, supported by the latest technology,
brings to life intricate designs that blend the best of both worlds—honouring the
past while embracing the future.
"With an annual production capacity of over 2 tons, we are poised to meet growing
demand while maintaining our commitment to quality."
A Comprehensive Business Model: Diversifying for Sustainable Growth
Our business model is built on a balanced approach to growth, encompassing both
wholesale and retail segments. As a leading supplier of antique bridal jewellery to retail
jewellers based in over 72 cities across India, our wholesale business continues to drive
significant revenue by providing customized, high-quality jewellery to national and
regional retailers. This segment capitalizes on our extensive manufacturing capabilities
and our deep understanding of market dynamics, ensuring that we remain a preferred partner
for many of India's prominent jewellery retailers.
Simultaneously, our retail footprint, represented by our flagship "Harit
Zaveri" showroom in Ahmedabad's prime jewellery hub, allows us to connect directly
with end consumers, building brand loyalty and capturing market demand.
In addition to our wholesale and retail segments, we also process and supply Antique
Bridal Gold Jewellery on a job work basis to national retailers.
This strategy enables us to leverage synergies across our operations, optimize our
value chain, and create a diversified revenue base that enhances our resilience and growth
potential.
"With a customer base spread across over 72 cities, we have established ourselves
as a comprehensive value chain in the jewellery business, balancing both wholesale and
retail excellence."
Celebrating Our IPO Success: Gratitude, Growth, and Future Strategies
This year marked a significant milestone in our journey with the successful completion
of our Initial Public Offering (IPO), raising 100 crore. We are immensely grateful for
the trust and confidence our investors have shown in us, and we extend our heartfelt
thanks to all who have joined us on this exciting journey. The IPO reflects not only our
strong market positioning and robust business model but also our belief in our vision for
the future.
The IPO proceeds have already been allocated to ensure the availability of working
capital, which is essential for maximizing our operating leverage at this juncture of
growth. Additionally, some funds will be used to de-bottleneck certain parts of our
manufacturing capabilities and invest in new technologies and innovation. We are also
committed to exploring new markets to drive growth. Our strategic focus will be on scaling
operations, optimizing cost structures, and leveraging our comprehensive value chain to
capture new opportunities.
"With the overwhelming response to our IPO, we are poised to accelerate our growth
strategy, investing in capacity, technology, and market expansion."
Looking Ahead: A Vision for the Future
As we look to the future, our strategy is clear: to continue blending tradition with
innovation, to remain a leader in the jewellery industry, and to deliver sustainable value
to all our stakeholders. We are committed to enhancing our production capacities,
expanding our market reach, and upholding the highest standards of cra_smanship and
quality.
We have a strong, dedicated team of over 200 employees who are the backbone of our
success, a solid customer base spread across India, and state-of-the-art facilities that
position us well for future growth. Our focus will remain on driving operational
excellence, fostering innovation, and building on the trust and relationships we have
established over the years.
Thank you for your continued support and confidence in RBZ Jewellers. Together, we will
not only create jewellery but cra_ legacies that last for generations.
| Sincerely, |
| Rajendrakumar Zaveri |
| Chairman and Managing Director |