Utssav CZ Gold Jewels Ltd
Registered Office:
2nd Flr Hitech Plaza Giriraj,Ind.Este.Mahakali C.Rd Andheri,
Mumbai
-
400093,
Phone : +91 98194 86232
Fax : NA
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.
Opens On
Closes On
Application
Allotment
31-Jul-24
02-Aug-24
110.00-0.00
0.00-0.00
Minimum Application for shares in Nos :
1200
Further Multiples of :
1200
(Rs.Cr)
Lead Managers to the Issue
Project Cost
60.74
Choice Capital Advisors Pvt Ltd
Project Financed through Current Offer
69.50
Post Issue Equity Share Capital
23.82
Funding working capital requirements of the company
General corporate purposes
Pankajkumar H Jagawat
Shashank Bhawarlal Jagawat
Rakesh Shantilal Jagawat