Utssav CZ Gold Jewels IPO GMP, Review, Price, Allotment

Utssav CZ Gold Jewels IPO GMP, Review, Price, Allotment


Utssav CZ Gold Jewels IPO GMP

Utssav CZ Gold Jewels IPO description – Incorporated in 2007, Utssav CZ Gold Jewels specializes in designing, manufacturing, wholesaling, and exporting 18K, 20K, and 22K CZ gold jewelry. The company excels in producing lightweight cubic zirconia (CZ) gold and rose gold casting jewelry. Utssav CZ Gold offers a wide collection of products, including rings, earrings, pendants, bracelets, necklaces, watches, and brooches. The company employs 15 skilled CAD designers who create around 400 new designs monthly to stay ahead of market trends and customer demands.

The company’s manufacturing facility spans 8,275 square feet in Andheri East, Mumbai, equipped to produce a variety of jewelry with precision and efficiency. As of July 2024, Utssav CZ Gold Jewels has an installed manufacturing capacity of 1,500 kg per annum. The company has long-standing relationships with jewelry retailers such as D.P. Abhushan Limited, Kalamandir Jewellers Limited, and many other esteemed clients. Its customers are spread across 17 states and 2 union territories in India, as well as 2 countries abroad.

Utssav CZ Gold Jewels IPO

Promoters of Utssav CZ Gold Jewels – Mr. Pankajkumar H. Jagawat, Mr. Shashank Bhawarlal Jagawat, and Mr. Rakesh Shantilal Jagawat

Table of Contents


Utssav CZ Gold Jewels IPO Details

Utssav Jewels IPO Dates 31 Jul – 2 Aug 2024
Utssav CZ Gold IPO Price INR 104 – 110 per share
Fresh issue 63,18,000 shares (INR 65.71 – 69.50 crore)
Offer For Sale NIL
Total IPO size 63,18,000 shares (INR 65.71 – 69.50 crore)
Minimum bid (lot size) 1,200 shares (INR 1,32,000)
Face Value  INR 10 per share
Retail Allocation 35%
Listing On NSE EMERGW

Utssav CZ Gold Jewels Financial Performance

  FY 2021 FY 2022 FY 2023 10M FY 2024
Revenue 120.23 123.30 238.19 275.95
Expenses 118.11 119.22 230.11 262.98
Net income 1.62 3.34 7.15 10.74
Figures in INR Crores unless specified otherwise

Utssav CZ Gold Jewels Offer News


Utssav CZ Gold Jewels Valuations & Margins

FY 2021 FY 2022 FY 2023
EPS 0.96 1.99 4.26
PE ratio – – 24.31 – 25.82
RONW (%) 14.79 24.88 38.17
NAV 7.00 8.98 13.32
ROCE (%) 9.93 13.34 21.72
EBITDA (%) 3.01 5.37 5.83
Debt/Equity 2.57 2.39 2.22
*Compiled by IPO Central from Prospectus

Utssav CZ Gold Jewels IPO GMP Today


Utssav CZ Gold Jewels IPO Subscription – Live Updates

Coming soon

The market maker reservation portion of shares is not included in the above calculations.


Utssav CZ Gold Jewels IPO Allotment Status

Utssav CZ Gold Jewels IPO allotment status will be available on Bigshare Services’ website. Click on this link to get allotment status.


Utssav CZ Gold Jewels IPO Dates & Listing Performance

IPO Opening Date 31 July 2024
IPO Closing Date 2 August 2024
Finalization of Basis of Allotment 5 August 2024
Initiation of refunds 6 August 2024
Transfer of shares to demat accounts 6 August 2024
IPO Listing Date 7 August 2024
Opening Price on NSE SME Coming soon
Closing Price on NSE SME Coming soon

Utssav CZ Gold Jewels Offer Lead Manager

CHOICE CAPITAL ADVISORS PRIVATE LIMITED
Sunil Patodia Tower, Plot No. 156-158,
J.B. Nagar, Andheri (East), Mumbai, 400 099
Phone: +91 22 6707 9999 / 7919
Email[email protected]
Website: www.choiceindia.com


Utssav CZ Gold Jewels Offer Registrar

BIGSHARE SERVICES PRIVATE LIMITED
S6-2, 6th Floor, Pinnacle Business Park,
Next to Ahura Centre, Mahakali
Caves Road, Andheri East, Mumbai – 400 093
Phone: +91 22 6263 8200
Email:  [email protected]
Website: www.bigshareonline.com


UTSSAV CZ GOLD JEWELS LIMITED
2nd Floor, Hitech Plaza, Giriraj Indl Estate
Mahakali Caves Road, Andheri (East), Mumbai City,
Mumbai – 400 093, Maharashtra, India
Phone: +91 98194 86232
E-mail: [email protected]
Website: www.utssavjewels.com


IPO FAQs

What is the Utssav CZ Gold Jewels offer size?

Utssav CZ Gold Jewels offer size is INR 65.71 – 69.50 crores.

What is the Utssav CZ Gold Jewels offer price band?

Utssav CZ Gold Jewels public offer price is INR 104 – 110 per share.

What is the lot size of the Utssav CZ Gold Jewels IPO?

Utssav CZ Gold Jewels offer lot size is 1,200 shares.

What is Utssav CZ Gold Jewels IPO GMP today?

Utssav CZ Gold Jewels IPO GMP today is INR NA per share.

What is the Utssav CZ Gold Jewels kostak rate today?

Utssav CZ Gold Jewels kostak rate today is INR NA per application.

What is Utssav CZ Gold Jewels Subject to the Sauda rate today?

Utssav CZ Gold Jewels is Subject to the Sauda rate today is INR NA per application.

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