IPO Snapshot
 
Utssav CZ Gold Jewels Ltd.
Issue Open Date 31-Jul-24  
Issue Closing Date 02-Aug-24  
Application Money 100  
Allotment Money  
Price Band 104 - 110  
Minimium Application No. 1200  
Issue Size (Shares) 6318000  
Market Lot 1  
Objective
1. Funding Working Capital requirement of our Company2. General Corporate Purpose
Category No. of Shares No. of Shares Subscription Ratio
  Offered / Reserved Bid For  
Non-Institutional Investors     58340400    
Qualified Institutional Buyers     43718400    
Retail Individual Investors     43718400    
Business Description:
We are in the business of designing, manufacturing, wholesaling and exporting of 18Karat 20Karat and 22Karat CZ Gold jewellery.Our Company specializes in light weight production of cubic zirconia (CZ) gold and rose gold casting jewellery. We manufactureand offer wide collection of products such as Rings, Earrings, Pendants, Bracelets Necklaces, Watches and Broaches etc. OurCompany was established in 2007 in the name of Utsav CZ Gold Jewels Private Limited. In 2008, we transitioned to a public limited company under the name Utsav CZ Gold Jewels Limited.
Promoter's Holding
Total Share Capital   16795600  
Offered to Public   6318000  
Promoter's Holding (Pre-Issue)   95.98  
Promoter's Holding (Post-Issue)   70.52  
Address
2nd Floor
Hitech Plaza
Giriraj Indl Estate
Mahakali Caves Road
Andheri (East)
Mumbai ,
Maharashtra ,
400093
Phone : 9819486232
Email : compliance@utssavjewels.com
Website : https://utssavjewels.com/
Registrar
Bigshare Services Pvt Ltd
Office No S6-2
6th Floor
Pinnacle Business Park
Next to Ahura Centre
Mahakali Caves Road
Andheri (E)
Mumbai
Listed at
NSE
Lead Manager
Choice Capital Advisors Pvt Ltd
Promoters
Pankajkumar H Jagawat
Rakesh Shantilal Jagawat
Shashank Bhawarlal Jagawat