Utssav CZ Gold Jewels IPO IPO

SME31 Jul to 2 Aug, 2024 – 31 Jul to 2 Aug, 2024

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Open

31 Jul to 2 Aug, 2024

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31 Jul to 2 Aug, 2024

Allotment

—

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Listing

Wed, Aug 7, 2024

Price Band

₹104 to ₹110

Issue Size

63,18,000 shares (agg. up to ₹69 Cr)

Lot Size

1,200 Shares

Listing Date

Wed, Aug 7, 2024

Latest GMP

₹10

Est. Gain

9.09%

✦ AI Insight

GMP Trend

07-08-2024₹10Est. ₹120+9.09%

06-08-2024₹15Est. ₹125+13.64%

05-08-2024₹15Est. ₹125+13.64%

Live Subscription

Category	Subscription (times)
Total	33.50x

Restated Financials (₹ Cr.)

Period Ended	31 Jan 2024	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	123.33	82.16	56.16	44.23
Total Income	277.33	239.72	123.43	120.31
Profit After Tax	10.74	7.15	3.34	1.62
NET Worth	33.11	22.37	15.09	11.75
Reserves and Surplus	28.91	18.17	10.89	7.55
Total Borrowing	77.03	49.66	36.02	30.16
Amount in ₹ Crore

Peer Comparison

Company	Issue Type	Issue Size	Issue Price	PE Ratio	Listing Day Close	Listing Gain/Loss %	LTP
Varyaa Creations Ltd.	SME	₹20.10 Cr	₹150	65.56	₹270.75	+80.50%	₹28.60
Koura Fine Diamond Jewelry Ltd.	SME	₹5.50 Cr	₹55	106.7	₹78.63	+42.96%	₹49.26
Shoora Designs Ltd.	SME	₹2.03 Cr	₹48	35.82	₹95.76	+99.50%	₹68.60
RBZ Jewellers Ltd.	Mainboard	₹100.00 Cr	₹100	13.77	₹105.00	+5.00%	₹181.18
Motisons Jewellers Ltd.	Mainboard	₹151.09 Cr	₹55	17.59	₹103.55	+88.27%	₹16.13
Manoj Vaibhav Gems 'N' Jewellers Ltd.	Mainboard	₹270.20 Cr	₹215	11.74	₹215.50	+0.23%	₹210.72

Objects of the Issue

#	Issue Objects	Est Amt (₹ Cr.)
1	Funding Working Capital requirement of our Company	60.50
2	General Corporate Purpose	0.24

About Utssav CZ Gold Jewels IPO

Updated on Aug 5, 2026

Contact Details

Utssav CZ Gold Jewels Ltd. Address2 nd Floor Hitech PlazaGiriraj Indl Estate Mahakali Caves RoadAndheri (East)Mumbai, Maharashtra, 400093+91 98194 86232compliance@utssavjewels.comVisit Website