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Utssav Cz Gold Jewels IPO GMP Today, Price Range, and Company Details

News by Aliceblue News Desk

30 Jul 2024

Utssav Cz Gold Jewels IPO GMP Today, Price Range, and Company Details

As of July 30, 2024, Utssav Cz Gold Jewels IPO has a ₹51 as Grey Market Premium, with a price range of ₹104 to ₹110 per share. Offering lots of 1200 shares, the subscription window is open from July 31 to August 2, 2024.

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Utssav Cz Gold Jewels Limited IPO GMP Today

The Grey Market Premium (GMP) for Utssav Cz Gold Jewels Limited is ₹51 as of July 30, 2024. This assessment coincides with a price of ₹104 to ₹110 per share for the IPO.

Utssav Cz Gold Jewels Limited IPO Review

Utssav CZ Gold Jewels Ltd has shown notable financial growth, with revenue increasing from ₹12,329.86 lakhs in March 2022 to ₹27,595.41 lakhs by January 2024. This growth is supported by substantial increases in profitability and EPS, showcasing strong investor confidence.

The company’s financial health is robust, evidenced by growing assets and a reduced debt-equity ratio. Equity and liabilities have consistently risen, reflecting expansion potential, while RoNW improvement from 24.88% to 38.71% highlights enhanced shareholder value generation.

To get a full IPO review, click here Utssav Cz Gold Jewels IPO

Utssav Cz Gold Jewels Limited IPO Date

Utssav Cz Gold Jewels Limited will start accepting subscriptions from July 31, 2024, to August 2, 2024.

Utssav Cz Gold Jewels Limited IPO Price

Utssav Cz Gold JewelsLimited’s price range is ₹104 to ₹110 per share with a face value of ₹10 each.

Utssav Cz Gold Jewels Limited

Established in 2007, Utsav CZ Gold Jewels Limited designs, manufactures, and exports elegant 18K, 20K, and 22K CZ gold and rose gold jewellery. Operating from an 8,275 sq. ft. facility in Mumbai, the company produces 1,500 kg of jewellery annually, serving clients in 17 states, two union territories, and internationally, supported by skilled CAD designers.

How To Apply For Utssav Cz Gold Jewels Ltd IPO?

To apply for the Utssav Cz Gold Jewels IPO through Alice Blue, follow these steps:

1. Open a Demat and Trading Account with Alice Blue if you don’t have one.

2. Access IPO details for Utssav Cz Gold Jewels on the Alice Blue platform.

3. Place your bid for the desired number of shares within the IPO’s price range.

4. Confirm your information and submit your application quickly.

You can apply for the Utssav Cz Gold Jewels IPO at Alice Blue in just a few clicks!

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