Utssav CZ Gold Jewels Ltd - IPO

Utssav CZ Gold Jewels Ltd IPO Details

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.

Objective of issue

Funding working capital requirements of the company. General corporate purposes.

Utssav CZ Gold Jewels Ltd Contact Details

Utssav CZ Gold Jewels Ltd, Office No 56-2, Pinnacle Busine.Park, Mahakali Caves Road, Mumbai - 400093

Phone - 91-22-62638200

Fax - 91-22-63638299

Email - compliance@utssavjewels.com

Website - https:, utssavjewels.com