IPO Trending
UTSSAVSME / NSEListed
Utssav Cz Gold Jewels

Incorporated in November 2007, Utssav Cz Gold Jewels Limited designs, manufactures, wholesales, and exports 18K, 20K, and 22K CZ gold jewellery, offering a wide range of rings, earrings, pendants, bracelets, necklaces, watches, and brooches. Operating from an 8,275 sq. ft. manufacturing facility in Andheri East, Mumbai, the company has an annual production capacity of 1,500 kg. It serves customers across 17 states, 2 union territories, and 2 international markets, specializing in lightweight CZ gold and rose gold jewellery for daily and fashion wear, blending traditional and contemporary styles. In FY 2023, 18K and 22K jewellery contributed 73.27% and 24.94% of sales, and for the ten months ending January 31, 2024, these segments accounted for 74.22% and 24.67%, respectively. Supported by a team of 15 CAD designers creating around 400 new designs every month, the company consistently maintains its competitive position in the jewellery market.

₹104 - ₹11047.65x sub
Listed Price₹110.05
Listing Gain+0.05%

IPO Schedule & Timeline

Bookbuilding IPO
Open31 Jul 2024
Close02 Aug 2024
Allotment05 Aug 2024
Listing07 Aug 2024

Quota Reservation & Application Lots

Quota Reservation (% Shares)

Retail21,00,000 shares
33.24%
Nii (hni)9,00,000 shares
14.25%
Anchor18,00,000 shares
28.49%
QIB12,00,000 shares
18.99%
Market Maker3,18,000 shares
5.03%

Minimum Application Lots

Retail1 Lot (1,200 shares)
₹1,32,000
HNI2 Lots (2,400 shares)
₹2,64,000

Company Promoters

Mr. Pankajkumar H. JagawatMr. Shashank Bhawarlal JagawatMr. Rakesh ShantiLal Jagawat

Company Background

Incorporated in November 2007, Utssav Cz Gold Jewels Limited designs, manufactures, wholesales, and exports 18K, 20K, and 22K CZ gold jewellery, offering a wide range of rings, earrings, pendants, bracelets, necklaces, watches, and brooches. Operating from an 8,275 sq. ft. manufacturing facility in Andheri East, Mumbai, the company has an annual production c...

Financial Performance

Figures in ₹ Crores
Metric Breakdown

Revenue

Latest (Jan-24)₹27733.2 Cr
Growth+130.5%
Revenue Trend (₹ in Crores)
0.010.6k21.3k31.9kMar-21Mar-22Mar-23Jan-24
PeriodRev (Cr)PAT (Cr)AssetsDebt
Jan-2427,733.201,073.7612,333.33 7,703.16
Mar-2323,971.52714.968,215.834,966.02
Mar-2212,342.53333.955,616.493,601.97
Mar-2112,030.66161.874,423.403,016.08

Key Performance Indicators (KPIs)

PeriodEPSROEROCEP/E (Pre)P/E (Post)
Jan-246.3938.71%20.43%26.9220.33
Mar-234.2638.17%21.72%00
Mar-221.9924.88%13.34%00

Broker & Analyst Reviews

Review Not Available

Institutional broker reviews and analyst reports have not been released for this issue yet. Reviews are typically published 2 to 3 days prior to the issue opening date.

IPO Allotment & Registrar Status

Official Registrar: Bigshare Services Private Limited

Allotment Finalized
Allotment Date
05 Aug 2024
Official Status
Out / Finalized
Registrar
Bigshare Services Private Limited
Listing Date
07 Aug 2024

Official Allotment Verification Links

Official Registrar Portal
Bigshare Services Private Limited

Direct allotment verification on the official registrar portal appointed for Utssav Cz Gold Jewels. Check with PAN or Application No.

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Stock Exchange Portal
BSE India Investor Portal

Official Bombay Stock Exchange investor verification channel using Issue Name and PAN Number.

Check on BSE India

Allotment Schedule & Milestones

IST
1. Allotment Finalization05 Aug 2024Basis of allotment declared
2. Refund Initiation1 day post allotmentUPI / ASBA mandate unblocked
3. Demat CreditPrior to listingShares credited to CDSL/NSDL
4. Listing Date07 Aug 2024Trading commences on exchange

How to Check Utssav Cz Gold Jewels Allotment Online

1Open Portal

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2Select Company

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3Enter Details

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4View Allocation

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Prospectus & Official Filings

Allotment FAQs & Help

About Utssav Cz Gold Jewels IPO

Complete issue overview for Utssav Cz Gold Jewels (UTSSAV) IPO. The issue features an equity share price band of ₹104 – ₹110 per share with a minimum retail lot size of 1200 Shares (minimum application amount of ₹1,32,000). Explore live market tracking on our GMP Tracker, compare against All IPO GMP Today, or view category bidding on the Subscription Page. Verify official allotment via IPO Registrars or review participating investment bankers in our Lead Managers Directory.

Frequently Asked Questions