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Utssav Cz Gold IPO listed @ Rs. 110.05

Utssav Cz Gold IPO GMP

Utssav Cz Gold IPO GMP grey market premium, review, Subscription, allotment, listing estimate @

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Utssav Cz Gold IPO listing Review

The scrip is listed at Rs. 110.05 a premium of 0.05% over the issue price. The listing has been below the expectations of the grey market.



Utssav Cz Gold IPO allotment Link

What is the latest grey market premium of Utssav Cz Gold IPO?

 For latest GMP, Click

Subscription status of Utssav Cz Gold IPO

Utsaav Cz IPO (Closed)

Price Rs. 110 Lot 1200 shares, Rs.46.20 Crore

QIB NII X RII X Total X Applications
36.43 64.47 46.71 47.58 81,742 (46.71x)
Amount wise bids recd. Rs.2198.20 Crore
Note: Good subscription trend 

 

What is the business of Utssav Cz Gold?

Designs, manufactures, wholesales and exports gold jewelry

Get more information about the company

Utssav Cz Gold IPO Details

IPO opens on  31 July 2024
IPO closes on  02 August 2024
Issue Type Book Built Issue IPO
Issue Size 6318000 Shares /
Rs 69.50 Crore
* Fresh Issue 6318000 Shares /
Rs 69.50 Crore
* Offer for Sale –  
Market Maker Portion 318000 Shares
Net offer to Public 60,00,000 Shares/
Rs.66 Crore
Face Value per share Rs. 10
Price Band Rs.104-110
Employee discount  Rs. 0 per share
Retail Lot Size  1200 Shares
Listing will at  NSE SME

Shares offered in IPO

  Shares Rs. (Crore)
QIB (50%) 3000,000 33.00
NII  (15%)   900,000   9.90
RII  (35%) 2100,000 23.10
Total Shares  6000,000 66.00
Retail portion will be oversubscribed by  1750
Forms
How much Shares to Apply in this IPO?
Min Retail Application 1200 Shares Rs.132000
Min HNI Application  2400 Shares Rs.264000

The promoters of the company are Mr. Pankajkumar H. Jagawat. Mr. Shashank Bhawarlal Jagawat and MR.Rakesh ShantiLal Jagawat.

Tentative timetable

IPO opens on 31 July 2024
IPO Closes on 2 August 2024
IPO Allotment on  5 August 2024
Refund Initiation  6 August 2024
Credit of Shares 6 August 2024
Listing on 7 August 2024
Registered Office of the Company
Choice Capital Advisors
Who is the Lead Manager of this IPO?
Interactive Financial Services Ltd
Who is the Registrar to IPO?
Bigshare Services Pvt Ltd

Utssav Cz Gold IPO Financial & Analytical Ratios

Year Total Income Net Profit EPS RoNW
  Rs.in Cr Rs.in Crore Rs. %
2021-22 123.42 3.34     
2022-2 239.72 7.15    
2023-24 10M 277.33 10.73    
Book Value of the
Share on 31.03.2024
  Rs     
BV of the Share at
cap price
after the IPO Rs.     
Offer Price/upper band   Rs. 110    

IPO
Key Performance indicators

Price/EPS of 23-24 26.92
Price/BV Ratio   5.58
Price/BV after IPO 


How Utssav Cz Gold IPO
 compares with the Peers?

There is no listing company having such type of business.

As on date of RHP FV Total  PE
  Rs. Income Ratio of
    Rs. In Cr  
       
       
       
       
       
       

# This is only coverage of News related to Grey Market Premium & subject to rates. We do not deal in grey market premium. We do not recommend dealing in Grey Market. Investment decision based on Grey Market trends can be faulty.

Utssav Cz Gold IPO GMP grey market premium, review, Subscription, allotment, listing estimate

Utssav Cz Gold IPO Review


+ from fundamental angle: So-so
+ from grey market angle: Apply

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GMP today allotment, review?

Utssav Cz Gold IPO GMP grey market premium

Utssav Cz Gold IPO FAQs

What is Utssav Cz Gold IPO
?

This is a SME IPO of 6318000 equity shares of the face value of Rs. 10 aggregating up to Rs.69.50 Crores. The issue is priced at Rs.104-110 per share. The minimum order quantity is 1200 Shares.

When will Utssav Cz Gold IPO subscription open?

IPO opens on July 31, 2024, and closes on August 02, 2024.

What is the lot size of Utssav Cz Gold IPO?

IPO lot size is 1200 Shares, and the minimum amount required is Rs.132000

How to apply for Utssav Cz Gold IPO?

You can apply in this IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don’t offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Nuvama, ICICI Bank, HDFC Bank and SBI Bank.

When is Kizi Apparels IPO allotment?

The finalization of Basis of Allotment for the IPO will be done on August 05, 2024, and the allotted shares will be credited to your demat account by August 06, 2024.

When is Utssav Cz Gold IPO listing date?

The IPO listing date is August 07, 2024.