- Home
- Utssav Cz Gold Jewels IPO
Utssav Cz Gold Jewels Limited IPO (Utssav Cz Gold Jewels IPO) Details
Utssav Cz Gold Jewels Limited
Utssav Cz Gold Jewels IPO's overview
Utssav Cz Gold Jewels IPO is a book built issue of ₹69.50 Cr (69,49,80,000). The issue includes a fresh issue of 63.18 Lakh (63,18,000) shares aggregating to ₹69.50 Cr (69,49,80,000).
Utssav Cz Gold Jewels IPO bidding started from Jul 31, 2024 and ended on Aug 01, 2024. The allotment for Utssav Cz Gold Jewels IPO was finalized on Aug 05, 2024. The shares got listed on NSE on Aug 07, 2024.
Utssav Cz Gold Jewels IPO price band is set at ₹104 to ₹110 per share. The minimum lot size for an application is 1200 Shares. The minimum amount of investment required by retail investors is ₹1.25 Lakh (1,24,800).
Refer to Utssav Cz Gold Jewels IPO RHP for detailed information.
IPO date
Jul 31,2024 - Aug 01,2024
Listing Date
Aug 07,2024
Face value
₹10
Price Band
₹104 to ₹110 per share
Lot
₹1200 Shares
Total Issue Size
63.18 Lakh (63,18,000)
aggregating up to ₹69.50 Cr (69,49,80,000)
Fresh Issue
63.18 Lakh (63,18,000)
aggregating up to ₹69.50 Cr (69,49,80,000)
Issue Type
Book Building
IPO Type
SMEListing At
NSE
Wed, Jul 31, 2024
IPO Open
Thu, Aug 01, 2024
IPO Close
Mon, Aug 05, 2024
Basis of Allotment
Tue, Aug 06, 2024
Initiation of Refunds
Tue, Aug 06, 2024
Credit of Shares to Demat
Wed, Aug 07, 2024
Listing
Utssav Cz Gold Jewels IPO Day-wise IPO GMP Trend
Utssav Cz Gold Jewels IPO last GMP is ₹15, last updated Aug 06,2024. With the price band of 110.00, Utssav Cz Gold Jewels IPO's estimated listing price is ₹125 (cap price + today's GMP).The expected percentage gain/loss per share is 13.64%.
| Date | IPO Price | GMP | Estimated Listing Price | Last Updated |
|---|---|---|---|---|
| 06-Aug-24 | 110.00 | 15 | 125(13.64%) | 6-Aug-2024 17:00 |
| 05-Aug-24 | 110.00 | 15 | 125(13.64%) | 5-Aug-2024 23:24 |
| 04-Aug-24 | 110.00 | 27 | 137(24.55%) | 4-Aug-2024 23:24 |
| 03-Aug-24 | 110.00 | 25 | 135(22.73%) | 3-Aug-2024 23:29 |
| 02-Aug-24 | 110.00 | 25 | 135(22.73%) | 2-Aug-2024 23:30 |
| 01-Aug-24 | 110.00 | 55 | 165(50.00%) | 1-Aug-2024 23:32 |
| 31-Jul-24 | 110.00 | 55 | 165(50.00%) | 31-Jul-2024 23:23 |
| 30-Jul-24 | 110.00 | 55 | 165(50.00%) | 30-Jul-2024 23:30 |
| 29-Jul-24 | 110.00 | 0 | 110(0.00%) | 29-Jul-2024 23:27 |
| 28-Jul-24 | 110.00 | 0 | 110(0.00%) | 28-Jul-2024 23:26 |
| 27-Jul-24 | 110.00 | 0 | 110(0.00%) | 27-Jul-2024 23:25 |
| 26-Jul-24 | 110.00 | 0 | 110(0.00%) | 26-Jul-2024 23:26 |
Utssav Cz Gold Jewels IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
Retail(Min) | 1 | 1,200 | ₹1.32 Lakh (1,32,000) |
Retail(Max) | 1 | 1,200 | ₹1.32 Lakh (1,32,000) |
HNI(Min) | 2 | 2,400 | ₹2.64 Lakh (2,64,000) |
Utssav Cz Gold Jewels IPO Reservation
| Investor Category | Shares Offered |
|---|---|
| Offered to QIB | 12.00 Lakh (12,00,000) |
| Offered to NII | 9.00 Lakh (9,00,000) |
| Offered to RII | 21.00 Lakh (21,00,000) |
| Offered to Anchor Investor | 18.00 Lakh (18,00,000) |
Utssav Cz Gold Jewels IPO Financial Information (Restated Consolidated)
| Label | Mar 31, 2021 | Mar 31, 2022 | Mar 31, 2023 | Mar 31, 2024 |
|---|---|---|---|---|
| Assets | 4,423.40 | 5,616.49 | 8,215.83 | 12,333.33 |
| Revenue | 12,030.66 | 12,342.53 | 23,971.52 | 27,733.20 |
| Profit After Tax | 161.87 | 333.95 | 714.96 | 1,073.76 |
| Net Worth | 1,175.38 | 1,509.33 | 2,237.24 | 3,311.00 |
| Reserves and Surplus | 755.38 | 1,089.33 | 1,817.24 | 2,891.00 |
| Total Borrowing | 3,016.08 | 3,601.97 | 4,966.02 | 7,703.16 |
About Utssav Cz Gold Jewels Limited
Incorporated in November 2007, Utssav Cz Gold Jewels Limited designs, manufactures, wholesales, and exports 18Karat, 20Karat, and 22Karat CZ Gold jewellery.
The company makes and sells a wide range of products, including rings, earrings, pendants, bracelets, necklaces, watches, and brooches.
The company's manufacturing facility in Andheri East, Mumbai, covers 8,275 square feet and produces a variety of jewellery with a capacity of 1,500 kg per annum.
The company's customers are in 17 states and 2 union territories in India, as well as 2 countries abroad.
The company offers a wide range of lightweight jewellery in 18K, 20K, and 22K CZ gold and rose gold categories, popular for daily and fashion wear. These include traditional and contemporary designs at various price points to match consumer preferences. In the 2023 financial year, the 18K and 22K gold jewelry categories accounted for 73.27% and 24.94% of total sales, and in the ten months ending January 31, 2024, they were 74.22% and 24.67% respectively.
The company, with 15 CAD designers, develops about 400 designs monthly to stay ahead of market trends and meet customer demands.
As of March 31, 2024, the company has 69 permanent employees on its payroll.
Utssav Cz Gold Jewels IPO's documents
Utssav Cz Gold Jewels Limited Contact Details
Utssav Cz Gold Jewels Limited
2 nd Floor Hitech Plaza
Giriraj Indl Estate Mahakali Caves Road
Andheri (East), Mumbai City, Mumbai - 400 093
Phone: +91 98194 86232
Email: [email protected]
Website: https://utssavjewels.com/
Utssav Cz Gold Jewels IPO's Promoters
The promoters of the company are Mr. Pankajkumar H. Jagawat. Mr. Shashank Bhawarlal Jagawat and MR.Rakesh ShantiLal Jagawat.