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Utssav CZ Gold Jewels Ltd

Registered Office : 2nd Flr Hitech Plaza Giriraj,Ind.Este.Mahakali C.Rd Andheri,Mumbai Maharashtra 400093 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

Opens On

Closes On

31-Jul-2024

02-Aug-2024

Money Payable On

Application

Allotment

110.00

0.00

Minimum Application for shares in Nos : 1200.0 Further Multiples of : 1200.0

₹Cr

Lead Managers to the Issue

Project Cost (₹.Cr)

Project Financed through Current Offer (₹.Cr)

Post Issue Equity Share Capital (₹.Cr)

Issue Price (₹.Cr)

60.74

69.50

23.82

110.00

Choice Capital Advisors Pvt Ltd

Projects

Funding working capital requirements of the company

General 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