
Consumer Discretionary / Luxury Goods · NSE
Incorporated in November 2007, Utssav Cz Gold Jewels Limited designs, manufactures, wholesales, and exports 18K, 20K, and 22K CZ gold jewellery, offering a wide range of rings, earrings, pendants, bracelets, necklaces, watches, and brooches. Operating from an 8,275 sq. ft. manufacturing facility in Andheri East, Mumbai, the company has an annual production capacity of 1,500 kg. It serves customers across 17 states, 2 union territories, and 2 international markets, specializing in lightweight CZ gold and rose gold jewellery for daily and fashion wear, blending traditional and contemporary styles. In FY 2023, 18K and 22K jewellery contributed 73.27% and 24.94% of sales, and for the ten months ending January 31, 2024, these segments accounted for 74.22% and 24.67%, respectively. Supported by a team of 15 CAD designers creating around 400 new designs every month, the company consistently maintains its competitive position in the jewellery market.
Price Band
₹104 – ₹110
Issue Size
₹69.50 Cr
Lot Size
1200 shares
GMP
+9.1%
Est. Listing
₹120
at current GMP
Subscribed
47.65x
overall
Open
31 Jul 2024
Close
2 Aug 2024
Allotment
5 Aug 2024
Refund
6 Aug 2024
Demat Credit
7 Aug 2024
Listing
7 Aug 2024