Utssav Cz Gold Jewels IPO Details 

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Utssav Cz Gold Jewels is coming with an IPO of Rs. 69.50 crores. It designs, manufactures, wholesales, and exports 18K, 20K, and 22K CZ gold jewellery.

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IPO Subscription Dates: Opens on 31 July 2024, and closes on 2 August 2024.

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Allotment will be finalized on 5 August 2024; listing on 7 August 2024, on NSE SME platform.

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Price band is set at ₹104 to ₹110 per share; minimum lot size of 1,200 shares. For retail investors, amount needed for 1 lot is ₹132,000.

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Coming to financial performance, the company generated Revenue of ₹27,733 lakh; profit after tax of ₹1,074 lakh (April 2023 - Jan 2024).

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Key Metrics: ROE: 38.71%, ROCE: 20.43%, Debt/Equity: 2.33, PAT Margin: 3.89%.

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