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IPO Synopsis

Utssav CZ Gold Jewels Ltd
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-24 02-Aug-24
Money Payable On
Application Allotment
110.00 0.00
Minimum Application for shares in Nos : 1200 Further Multiples of : 1200
(.Cr) Lead Managers to the Issue
Project Cost (.Cr) 60.74 Choice Capital Advisors Pvt Ltd
Project Financed through Current Offer (.Cr) 69.50  
Post Issue Equity Share Capital (.Cr) 23.82
Issue Price () 110.00
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
No Data Available
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