Utssav CZ Gold Jewels Limited

31 Jul 2024 - 02 Aug 2024 Individual Category SME NSE

Min Investment

₹132000

Price Band

₹104-₹110

Issue Size

45.18 lakhs
Equity Shares

Lot Size

1200

IPO Dates
img

31 Jul 2024

Open Date

img

02 Aug 2024

Close Date

img

05 Aug 2024

Allotment Date

img

07 Aug 2024

Listing Date

Utssav Cz Gold Jewels IPO is open for subscription starting Wednesday, July 31, 2024, and closing on Friday, August 2, 2024. This upcoming IPO's price is Rs 104 to Rs 110 per share. The minimum lot size set for the retail category is 1200 shares.  Meanwhile, the minimum lot size for the HNI category is 2 lots consisting of 2400 shares. The minimum investment required for retail category investors is Rs 1,32,000 (110 x 1200 shares). However, for the HNI category, the minimum investment amount required is Rs 2,64,000 (110 x 2400 shares).  Utssav Cz Gold Jewels IPO is a book-built issue of Rs 69.50 crores. This upcoming IPO is an entirely fresh issue of 63.18 lakh equity shares. The allotment for this new IPO is expected to be finalised on Monday, August 5, 2024. Utssav Cz Gold Jewels IPO will be listed on NSE SME on Wednesday, August 7, 2024. Choice Capital Advisors Private Limited is the book-running lead manager, Bigshare Services Private Limited is the registrar, and Choice Equity Broking is the market maker for this IPO.

Know Before Investing

Strengths icon

Weaknesses icon

About Utssav Cz Gold Jewels Limited

Utssav Cz Gold Jewels Limited was incorporated in 2007, it designs, manufactures, wholesales, and exports 18 Karat, 20 Karat, and 22 Karat CZ Gold jewellery. Utssav makes and sells a wide range of products, including rings, earrings, pendants, bracelets, necklaces, watches, and brooches.  The company offers a variety 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.  Utssav Cz Gold Jewels, with 15 CAD designers, develops about 400 designs monthly to stay ahead of market trends and meet customer demands.

Founded

2007

Managing Director

Mr. Pankajkumar H. Jagawat. Mr. Shashank Bhawarlal Jagawat and MR.Rakesh ShantiLal Jagawat

Parent Organization

IPO Objectives

The amount raised from this IPO will be allocated to meeting the company's day-to-day capital requirements. The leftover amount will be used for general corporate purposes. 

Company Promoters

Subscription Details

Investor Category Subscription (times)
Qualified Institutions 0
Non-Institutional Buyers 0
bNII (bids above ₹10L) 0
sNII (bids below ₹10L) 0
Retail Investors 0
Employees 0
Others 0
Total 0

How to Apply for IPO

img img

Login

Login to your Bigul Account

Select Lots & Price

Choose the number of lots and price

UPI ID

Enter your UPI ID

UPI Mandate Request

A UPI Mandate Request Triggered

Approve Mandate

Approve the UPI Mandate Request

IPO Allotment

YES Share will be credited. and the amount will be debited

Close

Let's Open Free Demat Account