Contents
- 1 Sathlokhar Synergys IPO Details
- 2 Sathlokhar Synergys IPO Date
- 3 Lot Size
- 4 Promoter Holding
- 5 Utssav Cz Gold Jewels IPO GMP (Grey Market Premium)
- 6 Utssav Cz Gold Jewels IPO Subscription Status
- 7 Utssav Cz Gold Jewels IPO Allotment Status
- 8 Know About Company
- 9 Utssav Cz Gold Jewels Limited Financial Information
- 10 KIP of Utssav Cz Gold Jewels Limited
- 11 Utssav Cz Gold Jewels Limited IPO Valuation – FY2024
- 12 Peer Group
- 13 Utssav Cz Gold Jewels Limited IPO Registrar
- 14 Utssav Cz Gold Jewels Limited IPO Lead Manager
- 15 Utssav Cz Gold Jewels Limited Contact
- 16 Utssav Cz Gold Jewels Limited IPO Application Form PDF
- 17 FAQs – Utssav Cz Gold Jewels Limited IPO
The Utssav Cz Gold Jewels IPO is a new public offering worth Rs 69.50 crores, with 63.18 lakh shares being issued. This IPO will be open for subscription from July 31, 2024, to August 2, 2024. The shares are expected to be allocated on August 5, 2024, and will be listed on the NSE SME on August 7, 2024.
The price for the IPO is set between ₹104 and ₹110 per share. To apply for shares, retail investors must buy a minimum of 1200 shares, costing at least ₹132,000. High Net-Worth Individuals (HNIs) must invest in a minimum of 2400 shares, totalling ₹264,000.
Choice Capital Advisors Pvt Ltd is managing the IPO, while Bigshare Services Pvt Ltd is handling the registration. Choice Equity Broking is the market maker for this IPO.
Source – Utssav Cz Gold Jewels IPO RHP
Sathlokhar Synergys IPO Details
| Open Date | July 31, 2024 |
| Close Date | August 2, 2024 |
| IPO Size | A total of Rs ₹69.50 crores and 63.18 lakh shares |
| Fresh Issue | 63,18,000 Equity Shares |
| Face Value | ₹10 per share |
| IPO Price Band | ₹104 to ₹110 per share |
| IPO Listing on | NSE SME |
| Lot Size | 1200 Shares |
| OFS | N.A |
| Share Offered to Retail | 35% |
| Share Offered to QIB | 50% |
| Share Offered to HNI | 15% |
Sathlokhar Synergys IPO Date
- IPO Open Date: July 31, 2024
- IPO Close Date: August 2, 2024
- Allotment: August 5, 2024
- Refunds: August 6, 2024
- Shares Credit to Demat: August 6, 2024
- Listing Date: August 7, 2024
Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1200 | ₹132,000 |
| Retail (Max) | 1 | 1200 | ₹132,000 |
| HNI (Min) | 2 | 2,400 | ₹264,000 |
Promoter Holding
The company is led by promoters Mr. Pankajkumar H. Jagawat, Mr. Shashank Bhawarlal Jagawat, and Mr. Rakesh Shantilal Jagawat. Before the IPO, they collectively hold 95.98% of the company’s shares.
Utssav Cz Gold Jewels IPO GMP (Grey Market Premium)
If you want to know Utssav Cz Gold Jewels IPO GMP (Grey Market Premium) then please visit our IPO GMP section and get daily updates on grey market premium. We update here all IPOs GMP.
Utssav Cz Gold Jewels IPO Subscription Status
Utssav Cz Gold Jewels IPO subscription starts on July 31, 2024, To get live IPO subscription status data go to our IPO Subscription section and see any ongoing IPO Subscription Status.
Utssav Cz Gold Jewels IPO Allotment Status
To check the Utssav Cz Gold Jewels IPO allotment status go to the IPO registrar website ” Bigshare Services Pvt Ltd” or go to IPO Allotment>>.
You can find here any IPO allotment status. Following some stapes.
- Go to the Link given above.
- Select the IPO Name
- Enter your PAN/ DP ID/ Application No
- Submit details and get the allotment status.
Know About Company
Utssav Cz Gold Jewels Limited Overview:
- Incorporation: Established in November 2007.
- Business Activities: Specializes in designing, manufacturing, wholesaling, and exporting CZ gold jewellery in 18K, 20K, and 22K purity.
- Product Range: Offers a diverse selection including rings, earrings, pendants, bracelets, necklaces, watches, and brooches.
- Manufacturing Facility: Located in Andheri East, Mumbai, spanning 8,275 square feet with an annual production capacity of 1,500 kg of jewellery.
- Customer Reach: Serves clients across 17 states and 2 union territories in India, plus 2 international markets.
- Jewellery Categories: Provides lightweight jewellery in 18K, 20K, and 22K CZ gold and rose gold. The collection features both traditional and modern designs suited for daily wear and fashion.
- Sales Breakdown: In the 2023 financial year, 18K and 22K gold jewellery made up 73.27% and 24.94% of total sales, respectively. For the ten months ending January 31, 2024, these figures were 74.22% and 24.67%.
- Design Innovation: Employs 15 CAD designers who create approximately 400 new designs each month to keep up with market trends and meet customer preferences.
Utssav Cz Gold Jewels Limited Financial Information
| Period Ended | 31 Jan 2024 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
|---|---|---|---|---|
| Assets | ₹12,333.33 lakhs | ₹8,215.83 lakhs | ₹5,616.49 lakhs | ₹4,423.40 lakhs |
| Revenue | ₹27,733.20 lakhs | ₹23,971.52 lakhs | ₹12,342.53 lakhs | ₹12,030.66 lakhs |
| Profit After Tax | ₹1,073.76 lakhs | ₹714.96 lakhs | ₹333.95 lakhs | ₹161.87 lakhs |
| Net Worth | ₹3,311.00 lakhs | ₹2,237.24 lakhs | ₹1,509.33 lakhs | ₹1,175.38 lakhs |
| Total Borrowing | ₹7,703.16 lakhs | ₹4,966.02 lakhs | ₹3,601.97 lakhs | ₹3,016.08 lakhs |
KIP of Utssav Cz Gold Jewels Limited
| Particular | January 31, 2024 | March 31, 2023 |
|---|---|---|
| Revenue from Operations | ₹27,595.41 lakhs | ₹23,818.61 lakhs |
| EBITDA | ₹1,907.69 lakhs | ₹1,388.52 lakhs |
| EBITDA Margin | 6.91% | 5.83% |
| Net Profit after Tax | ₹1,073.76 lakhs | ₹714.96 lakhs |
| Net Profit Margin | 3.89% | 3.00% |
| Return on Net Worth | 38.71% | 38.17% |
| Return on Capital Employed | 20.43% | 21.72% |
| Debt-Equity Ratio | 2.33 | 2.22 |
Utssav Cz Gold Jewels Limited IPO Valuation – FY2024
IPO valuation details for Utssav Cz Gold Jewels:
| Valuation Metric | Details |
|---|---|
| Earnings Per Share (EPS) | ₹4.26 per Equity Share |
| Price/Earnings (P/E) Ratio | 24.44 |
| Return on Net Worth (RoNW) | 38.17% |
| Net Asset Value (NAV) | ₹13.32 per Equity Share |
Peer Group
- Ashapuri Gold Ornaments Limited
- Sky Gold Limited
- Swarnsarita Jewels India Limited
- Uday Jewellery Industries Ltd
Utssav Cz Gold Jewels Limited IPO Registrar
BIGSHARE SERVICES PRIVATE LIMITED
Address: Office No. S6-2, 6th Floor, Pinnacle Business Park, Next to Ahura Centre, Mahakali
Caves Road, Andheri (East), Mumbai – 400 093, Maharashtra, India
Telephone: +91 22 6263 8200
Email: ipo@bigshareonline.com
Investors Grievance Email: investor@bigshareonline.com
Website: www.bigshareonline.com
Utssav Cz Gold Jewels Limited IPO Lead Manager
CHOICE CAPITAL ADVISORS PRIVATE LIMITED
Address: Sunil Patodia Tower, Plot No.156-158 J.B. Nagar Andheri (East), Mumbai – 400 099,
Maharashtra, India
Telephone: +91 22 6707 9999 / 7919
Email: ugjl.ipo@choiceindia.com
Investors Grievance Email: regulator_advisors@choiceindia.com
Website: www.choiceindia.com/merchant-investment-banking
Utssav Cz Gold Jewels Limited Contact
Utssav Cz Gold Jewels Limited
2 nd Floor Hitech Plaza
Giriraj Indl Estate Mahakali Caves Road
Andheri (East), Mumbai City, Mumbai – 400 093
Phone: +91 98194 86232
Email: compliance@utssavjewels.com
Website: https://utssavjewels.com/
Utssav Cz Gold Jewels Limited IPO Application Form PDF
To download the Utssav Cz Gold Jewels Limited IPO application form Check out the Application Form Download ASBA IPO Forms PDF.
FAQs – Utssav Cz Gold Jewels Limited IPO
When is the Utssav Cz Gold Jewels IPO opening and closing?
The IPO will be open from July 31, 2024, to August 2, 2024.
The IPO issue size is Rs 69.50 crores, with 63.18 lakh shares being issued.
Where can I download the IPO application form?
The application form can be downloaded from the ASBA IPO Forms PDF section on our website ipogmptoday.in.
