Utssav CZ Gold Jewels IPO

Utssav CZ Gold Jewels Ltd

₹1,24,800 /1200 sharesMinimum Investment

Utssav CZ Gold Jewels IPO Listing Details

Listed OnIssue PriceListing PriceListing Gains
--₹110.00₹110.05₹0.05 (0.05%)

Utssav CZ Gold Jewels IPO Details

Bidding DatesMin. InvestmentLot SizePrice Range
31 Jul ‘24 - 2 Aug ‘24₹1,24,8001,200₹104 - ₹110
Issue SizeIPO Doc
69.50Cr
RHP PDF

About Utssav CZ Gold Jewels

Utssav Cz Gold Jewels operates in the design, production, wholesale, and export of 18K, 20K, and 22K Cubic Zirconia (CZ) gold jewellery. The company produces cubic zirconia gold and rose gold cast jewellery. The range of products includes rings, earrings, pendants, bracelets, necklaces, watches, and brooches, among others. The company’s manufacturing hub is located in Andheri East, Mumbai, which is equipped to manufacture jewellery items. Utssav Cz Gold Jewels’ customer base spans 17 states and two Union Territories within India, as well as in two foreign countries.;
Founded in
2007
Managing director
Mr. Pankajkumar H Jagawat
Parent organisation
Utssav CZ Gold Jewels Ltd

Strengths & Financials of Utssav CZ Gold Jewels

Strengths
Risks
The company has shown a consistent rise in revenue from operations and profit after tax (PAT) over the past few years. Revenue from operations increased from Rs 120.23 crore in FY22 to Rs 123.30 crore in FY23 to Rs 238.19 crore in FY24, while PAT rose from Rs 1.62 crore in FY22 to Rs 3.34 crore in FY23 to Rs 7.15 crore in FY24.
Utssav Cz Gold Jewels serves their clientele by providing a range of Cubic Zirconia (CZ) gold jewellery options, from high-end to affordable pieces, all certified by the Bureau of Indian Standards (BIS) for quality assurance.
The company is supported by a creative team of 15 CAD designers who collectively produce approximately 400 new jewellery designs each month, ensuring the product offerings are innovative and aligned with current market trends and consumer preferences.
Utssav Cz Gold Jewels has established and maintained business relationships with notable jewellery retailers such as D.P. Abhushan Limited and Kalamandir Jewellers Limited, among others.

Utssav CZ Gold Jewels Financials

*All values are in Rs. Cr
No Graph Data To Display

Application Details of Utssav CZ Gold Jewels IPO

Apply asPrice bandApply upto
Regular104 - 110₹2 Lakh
High Networth Individual104 - 110₹2 - 5 Lakh
For Utssav CZ Gold Jewels IPO, eligible investors can apply as Regular.
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