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Utssav CZ Gold Jewels Ltd IPO Synopsis

An Initial Public Offering is an opportunity for investors to take part in the growth of a company. It is always better to be in the first batch of investors. The shares offered by the company get listed on the stock exchanges and can be bought and sold by investors.

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Utssav CZ Gold Jewels Ltd IPO

Registered Office: 2nd Flr Hitech Plaza Giriraj,Ind.Este.Mahakali C.Rd Andheri , Mumbai - 400093 , Maharashtra , India.
Phone : +91 98194 86232   Fax:
Email :  compliance@utssavjewels.com  
Website :  https://utssavjewels.com
Public issue of upto 63,18,000^ equity shares of face value of (Rs)10/- each ("Equity Shares") of Utssav CZ Gold Jewels Limited ("Utssav" or the "Company" or the "Issuer") for cash at a price of (Rs)110 per equity share including a share premium of (Rs)100 per equity share (the "Issue Price") aggregating to (Rs)69.50 crores ("The Issue"), of which 3,18,000 equity shares of face value of (Rs)10/- each for cash at a price of (Rs)110 per equity share including a share premium of (Rs)100 per equity share aggregating to (Rs)3.50 crores will be reserved for subscription by market maker to the issue (the "Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e. net issue of 60,00,000 equity shares of face value of (Rs)10/- each at a price of (Rs)110 per equity share including a share premium of (Rs)100 per equity share aggregating to (Rs)66.00 crores is herein after referred to as the "Net Issue". The issue and the net issue will constitute 26.53 % and 25.19% respectively of the post issue paid up equity share capital of the company.

Issue Money Payable On
Opens On Closes On Application Allotment
31-Jul-24 02-Aug-24 (Rs)110.00-0.00 (Rs)0.00-0.00
Minimum Application for shares in Nos :1200  Further Multiples of :1200

  (Rs Cr) Lead Managers to the Issue
Project Cost 60.74
Choice Capital Advisors Pvt Ltd
Project Financed through Current Offer 69.50  
Post Issue Equity Share Capital 23.82  
Issue Price (Rs)110.00  
 
Projects
Funding working capital requirements of the companyGeneral corporate purposes
Promoted By
Pankajkumar H Jagawat  
Shashank Bhawarlal Jagawat  
Rakesh Shantilal Jagawat  
Listing At
NSE - SME 
Registrar to the Issue
Bigshare Services Pvt Ltd