Utssav Cz Gold Jewels IPO Details: Utssav Cz Gold Jewels IPO date is fixed, The IPO will open on July 31 and will close on August 2. Utssav Cz Gold Jewels is a NSE SME IPO to raise ₹69.50 crores via IPO. The Utssav Cz Gold Jewels IPO price band is fixed at ₹104 to ₹110 with a market lot of 1200 Shares.
Utssav Cz Gold Jewels is in the business of designing, manufacturing, wholesaling, and exporting 18Karat 20Karat, and 22Karat CZ Gold jewelry. The Company specializes in lightweight production of cubic zirconia (CZ) gold and rose gold casting jewelry. They manufacture and offer a wide collection of products such as Rings, Earrings, Pendants, Bracelets Necklaces, Watches, and Broaches, etc. Their forte lies in crafting exquisite CZ casting gold jewelry and designer pieces, tailored to the preferences of today’s youth. Whether for daily wear or special occasions, their designed rings, earrings, pendants, bracelets, and necklaces resonate with their target audience.
The Company specializes in Gold jewelry studded with CZ stones, combining the elegance of gold with the dazzling beauty of cubic zirconia. They customize designs to accommodate diverse regional preferences, ensuring that they meet the unique needs of their clientele in every market they serve. The company’s key strengths lie in its focus on design and innovation, its deep understanding of consumer preferences and market dynamics, and the quality of our products. They cater to a wide range of customers by offering high-end, medium-range, and affordable CZ gold jewelry, all hallmarked by the Bureau of Indian Standards (BIS). Their expertise lies in the production of lightweight jewelry, offering affordability without compromising on quality. Many of their exquisite pieces feature intricately studded gemstones in CZ casting gold, crafted by their skilled team of designers proficient in computer-aided design (CAD). With a team of 15 CAD designers on our payroll, they develop approximately 400 designs per month regularly to stay ahead of market trends and customer demands.
Objects of the Issue:
- Funding Working Capital requirement of the company
- General Corporate Purpose
Utssav Cz Gold Jewels IPO Review
- To be updated soon
Utssav Cz Gold Jewels IPO Date & Price Band Details
| IPO Open: | July 31, 2024 |
| IPO Close: | August 2, 2024 |
| IPO Size: | Approx ₹69.50 Crores, 6,318,000 Equity Shares |
| Face Value: | ₹10 Per Equity Share |
| IPO Price Band: | ₹104 to ₹110 Per Equity Share |
| IPO Listing on: | NSE SME |
| Retail Quota: | 35% of the net offer |
| QIB Quota: | 50% of the net offer |
| NII Quota: | 15% of the net offer |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
| Anchor Investors in IPO: | Click Here |
Utssav Cz Gold Jewels IPO Market Lot
The Utssav Cz Gold Jewels IPO minimum market lot is 1200 shares with a ₹132,000 application amount.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 1200 | ₹132,000 |
| Retail Maximum | 1 | 1200 | ₹132,000 |
| S-HNI Minimum | 2 | 2400 | ₹264,000 |
Utssav Cz Gold Jewels IPO Dates
The Utssav Cz Gold Jewels IPO date is July 31 and the IPO close date is August 2. The IPO allotment date is August 5 and the IPO might list on August 7.
| IPO Open Date: | July 31, 2024 |
| IPO Close Date: | August 2, 2024 |
| Basis of Allotment: | August 5, 2024 |
| Refunds: | August 6, 2024 |
| Credit to Demat Account: | August 6, 2024 |
| IPO Listing Date: | August 7, 2024 |
You can check IPO subscription status and IPO allotment status on their respective pages.
Utssav Cz Gold Jewels IPO Form
How to apply Utssav Cz Gold Jewels IPO? You can apply Utssav Cz Gold Jewels IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Utssav Cz Gold Jewels IPO in the Invest section. The other option you can apply Utssav Cz Gold Jewels IPO via IPO forms download via the NSE website. Check out the Utssav Cz Gold Jewels forms – click NSE IPO Forms download, fill and submit in your bank or with your broker.
Utssav Cz Gold Jewels Company Financial Report
| ₹ in Crores | |||
| Year | Revenue | Expense | PAT |
| 2021 | ₹120.31 | ₹118.11 | ₹1.62 |
| 2022 | ₹123.43 | ₹119.22 | ₹3.34 |
| 2023 | ₹239.72 | ₹230.11 | ₹7.15 |
| Jan 2024 | ₹277.33 | ₹262.98 | ₹10.74 |
Utssav Cz Gold Jewels IPO Valuation – FY2023
Check Utssav Cz Gold Jewels IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| Earning Per Share (EPS): | ₹4.26 per Equity Share |
| Price/Earning P/E Ratio: | 24.44 |
| Return on Net Worth (RoNW): | 38.17% |
| Net Asset Value (NAV): | ₹13.32 per Equity Share |
Peer Group
- Ashapuri Gold Ornaments Limited
- Sky Gold Limited
- Swarnsarita Jewels India Limited
- Uday Jewellery Industries Ltd
Company Promoters
- Mr. Pankajkumar H. Jagawat
- Mr. Shashank Bhawarlal Jagawat
- MR.Rakesh ShantiLal Jagawat.
Utssav Cz Gold Jewels IPO Registrar
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: http://www.bigshareonline.com
Utssav Cz Gold Jewels IPO Allotment Status
Check Utssav Cz Gold Jewels IPO allotment status on Bigshare website URL. Click Here
Utssav Cz Gold Jewels IPO Lead Managers aka Merchant Bankers
- Choice Capital Advisors Pvt Ltd
Company Address
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: compliance@utssavjewels.com
Website: https://utssavjewels.com/
Utssav Cz Gold Jewels IPO FAQs
What is Utssav Cz Gold Jewels IPO?
Utssav Cz Gold Jewels IPO is an NSE SME IPO. They are going to raise ₹69.50 Crores via IPO. The issue is priced at ₹104 to ₹110 per equity share. The IPO is to be listed on NSE.
When Utssav Cz Gold Jewels IPO will open?
The IPO is to open on July 31, 2024 for QIB, NII, and Retail Investors.
What is Utssav Cz Gold Jewels IPO Investors Portion?
The investors’ portion for QIB is 50%, NII is 15%, and Retail is 35%.
How to Apply the Utssav Cz Gold Jewels IPO?
You can apply Utssav Cz Gold Jewels IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.
