Utssav Cz Gold Jewels Logo

Utssav Cz Gold Jewels Limited

UTSSAV

104-110

per share
Bidding Dates
31-2 Aug
Min. Investment
₹1,24,800.00
Lot Size
1200 shares
Issue Size
₹69.5 Cr
IPO Timeline
Bidding starts
31 Jul ‘24
Bidding ends
02 Aug ‘24
Allotment finalisation*
05 Aug ‘24
Refund initiation*
06 Aug ‘24
Demat transfer
06 Aug ‘24
Listing
07 Aug ‘24
* Refund is a 7-10 days process. If you don’t get refund then please contact your bank.

About Utssav Cz Gold Jewels Limited

Established in 2007, Utsav CZ Gold Jewels Limited is engaged in specializing in the design, manufacture, and export of 18K, 20K, and 22K CZ gold jewellery, the company excels in creating lightweight and intricately crafted pieces that blend the timeless allure of gold with the radiant beauty of cubic zirconia. Their extensive product range includes rings, earrings, pendants, bracelets, necklaces, watches, and brooches, catering to various tastes and occasions.

The essence of Utsav CZ Gold Jewels Limited lies in its dedication to crafting exquisite CZ casting gold jewellery. The company’s focus on contemporary design ensures that their creations resonate with the preferences of today’s youth, offering both elegance and affordability. Cubic zirconia, a synthetic gemstone admired for its diamond-like clarity and durability, serves as a versatile and cost-effective alternative to traditional diamonds. Utsav’s jewellery pieces, featuring these 'American Diamonds,' are designed to cater to diverse regional tastes, reflecting the company’s commitment to customization and client satisfaction.

Utsav CZ Gold Jewels operates an 8,275 square feet facility in Andheri East, Mumbai, equipped with state-of-the-art technology to maintain high standards of precision and efficiency. With a production capacity of 1,500 kg per annum, Utsav CZ Gold Jewels Limited harnesses the skills of a dedicated team of 15 CAD designers, who generate around 400 new designs monthly. This dynamic approach allows the company to stay ahead of market trends and meet the evolving demands of their clientele.

The company is well-regarded for its high-quality craftsmanship and innovative designs, supported by a strong network of esteemed retail partners. The company has fostered long-term relationships with prominent jewellery retailers such as D.P. Abhushan Limited and Kalamandir Jewellers Limited, among others. Their reach extends across seventeen states and two union territories in India, as well as into international markets, underscoring their broad appeal and trusted reputation in the industry.

With a legacy built on quality, design excellence, and customer trust, company continues to set the benchmark in the CZ gold jewellery sector. Their commitment to delivering affordable luxury without compromising on quality ensures that each piece not only enhances the wearer’s style but also upholds the company’s esteemed reputation for excellence and reliability.

Utsav CZ Gold Jewels Limited prepares for its Initial Public Offering (IPO), the proceeds from the Fresh Issue will be allocated towards critical objectives:

  1. Funding Working Capital requirement of the Company.
  2. General Corporate Purpose.

IPO analysis

Registrar information
Name
Bigshare Services Private Limited
Phone number
+91 22 6263 8200
Email ID
ipo@bigshareonline.com
Red herring prospectus
View documents submitted by company in filing to understand more details about them.

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