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Utssav Cz Gold Jewels IPO is a Book Building IPO listing on NSE EMERGE exchange. The company is based in Mumbai and caters to Jewellery sector. Choice Capital Advisors is the merchant banker of Utssav Cz Gold Jewels IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 19th May 2024.
Utssav Cz Gold Jewels IPO open date is 31st July 2024 and close date is 2nd August 2024. IPO Allotment Date is 5th August 2024 and Listing date is 7th August 2024.
IPO
Size:
₹ 69.50 Cr.
Avg IPO Size (Sector Based)
: ₹
14.93 cr.
Sector: Jewellery
SME
IPO so far:
41
Merchant Banker:
Choice Capital
SME
IPO by BRLM so far:
8
City:
Mumbai
SME
IPO so far:
280
Revenue (annualised):
₹
332.80
cr. 
PE
Ratio:
20.33x
Average Sector PE Ratio: 25.29x
Utssav Cz Gold Jewels IPO size is ₹ 69.50 Cr. with IPO price of ₹ 110.00. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
Choice Capital Advisors Private Limited is the book-running lead manager of the Utssav Cz Gold Jewels IPO. Bigshare Services Private Limited is the Registrar and Market Maker is Choice Equity Broking Private Limited for Utssav Cz Gold Jewels IPO.
Utssav Cz Gold Jewels IPO anchor investors are the below investors. The number of anchor investors in this IPO is 13.
| Anchor Investor Name | No. of shares Allotted | Offer Price (in ₹.) | Amount Invested (in ₹.) |
|---|---|---|---|
| Rajasthan Global Securities | 273,600.00 | ₹ 110.00 | ₹ 30,096,000.00 |
| Ashika Global Securities | 273,600.00 | ₹ 110.00 | ₹ 30,096,000.00 |
| Saint Capital Fund | 249,600.00 | ₹ 110.00 | ₹ 27,456,000.00 |
| Nav Capital Vcc | 182,400.00 | ₹ 110.00 | ₹ 20,064,000.00 |
| 3 SIGMA GLOBAL | 91,200.00 | ₹ 110.00 | ₹ 10,032,000.00 |
| Vikasa India EIF | 91,200.00 | ₹ 110.00 | ₹ 10,032,000.00 |
| Imvesta Growth Scheme | 91,200.00 | ₹ 110.00 | ₹ 10,032,000.00 |
| J4S Venture Fund | 91,200.00 | ₹ 110.00 | ₹ 10,032,000.00 |
| M7 Global Fund | 91,200.00 | ₹ 110.00 | ₹ 10,032,000.00 |
| Vikasa Global Fund | 91,200.00 | ₹ 110.00 | ₹ 10,032,000.00 |
| Abundantia Capital VCC | 91,200.00 | ₹ 110.00 | ₹ 10,032,000.00 |
| Craft Emerging Market | 91,200.00 | ₹ 110.00 | ₹ 10,032,000.00 |
| Citrus Global Arbitrage | 91,200.00 | ₹ 110.00 | ₹ 10,032,000.00 |
Utssav Cz Gold Jewels IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
Utssav Cz Gold Jewels IPO, based in Mumbai, operates in the Jewellery sector with a focus on jewellery export business. The company is launching its SME IPO on the NSE EMERGE exchange, using the Book Building Issue method. Utssav Cz Gold Jewels IPO size is ₹ 69.50 Cr. with fresh issue size of ₹ 69.50 Cr. and Offer for sale being ₹ Nil
The IPO allotment date for Utssav Cz Gold Jewels IPO is expected to be 5th August 2024, after the finalization of basis of allotment. Investors can check Utssav Cz Gold Jewels IPO allotment status on the registrars website, Bigshare Services Private Limited. Utssav Cz Gold Jewels IPO refund dates are 6th August 2024.
Utssav Cz Gold Jewels IPO is expected to be listed on 7th August 2024.
The upper price band for the Utssav Cz Gold Jewels IPO is set at ₹ 110.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.
For IPO analysis on Utssav Cz Gold Jewels IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.
To apply for the Utssav Cz Gold Jewels IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 2nd August 2024. After submission, funds are blocked until the basis of allotment of Utssav Cz Gold Jewels IPO is finalised.
The merchant banker for Utssav Cz Gold Jewels IPO is Choice Capital Advisors Private Limited . Choice Capital Advisors Private Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Utssav Cz Gold Jewels IPO RHP for further details.
The registrar for Utssav Cz Gold Jewels IPO is Bigshare Services Private Limited. Investors can go to Bigshare Services Private Limited registrar website for IPO allotment status, refund processing, and other queries related to Utssav Cz Gold Jewels IPO through their official website or helpline.
Utssav Cz Gold Jewels IPO was subscribed 47.58 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
IPO
Size:
₹ 69.50 Cr.
Avg IPO Size (Sector Based)
:
₹ 14.93 Cr.
Sector: Jewellery
SME
IPO so far:
41
Merchant Banker:
Choice Capital
SME
IPO by BRLM so far:
8
City:
Mumbai
SME
IPO so far:
280
Revenue (annualised):
₹ 332.80 cr.
PE
Ratio:
20.33x
Average Sector PE Ratio: 25.29x
Utssav Cz Gold Jewels IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Utssav Cz Gold Jewels Financial Review Page
Merchant Banker(s) of Utssav Cz Gold Jewels IPO: Choice Capital Advisors Private Limited
Utssav Cz Gold Jewels IPO subscription was 47.58 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.
Utssav Cz Gold Jewels IPO listed at a listing price of 115.55 against the offer price of 110.00.
The current market price of Utssav Cz Gold Jewels is 225.75.
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