Thu, 5 Nov, 2026, 11:22 am
Reported by multibagg.ai
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RBZ Jewellers Ltd plans to open three further Gujarat stores by March 2027 after launching its Surat flagship on 24 September 2026, with the planned Rajkot large-format store requiring typical inventory deployment of Rs 125-150 crore. The rollout also includes mid-sized outlets in Maninagar and Gandhinagar.
RBZ Jewellers plans to launch Rajkot in early Q3 FY27, Maninagar in Q3 FY27 and Gandhinagar in Q4 FY27, with completion targeted by March 2027. FY means fiscal year and Q3 and Q4 mean the third and fourth quarters, respectively. Surat, the first store in the four-location programme, began operations on 24 September 2026.
The disclosed sequence will create a Gujarat network of two flagship stores and two mid-sized stores. Surat is an operational large-format flagship, Rajkot is the planned second flagship, and Maninagar in East Ahmedabad and Gandhinagar are planned mid-sized locations. RBZ Jewellers lists Rajkot, Maninagar and Gandhinagar as leased, while Surat is partly owned and partly leased.