Utssav CZ Gold Jewels IPO Allotment Status Online: Utssav CZ Gold Jewels IPO is Open on 31 July, 2024 and Close on 2 August 2024. Utssav CZ Gold Jewels IPO to Raise 63,18,000 shares (Approx ₹65.71 – ₹69.50 Cr) via IPO. The Fresh Issue of 63,18,000 shares (Approx ₹65.71 – ₹69.50 Cr).
- The Retail Quota is 35%
- QIB is 50%
- NII is 15%
Utssav CZ Gold Jewels IPO Basis of Allotment Status on 5 August 2024. Utssav CZ Gold Jewels IPO Refund Date is 6 August 2024 and Utssav CZ Gold Jewels IPO Credit to Demat on 6 August 2024.
Also Read: Utssav CZ Gold Jewels IPO Details, GMP Price, Date, Review
Utssav CZ Gold Jewels IPO Allotment Link Online
Bigshare
Bigshare Allotment Link
Moneymintidea
IPO Allotment Status Link
About –
Utssav CZ Gold Jewels are in the business of designing, manufacturing, wholesaling and exporting of 18Karat 20Karat and 22Karat CZ Gold jewellery. Our Company specializes in light weight production of cubic zirconia (CZ) gold and rose gold casting jewellery. We manufacture and offer wide collection of products such as Rings, Earrings, Pendants, Bracelets Necklaces, Watches and Broaches etc.
Our Company was established in 2007 in the name of Utsav CZ Gold Jewels Private Limited. Our forte lies in crafting exquisite CZ casting gold jewellery and designer pieces, tailored to the preferences of today’s youth. Whether for daily wear or special occasions, our designed rings, earrings, pendants, bracelets, and necklaces resonate with our target audience. We customize designs to accommodate diverse regional preferences, ensuring that we meet the unique needs of our clientele in every market we serve.
Our company’s key strengths lie in our focus on design and Innovation, our deep understanding of consumer preferences and market dynamics, and the quality of our products. We cater to a wide range of customers by offering high-end, medium-range and affordable CZ gold jewellery, all hallmarked by the Bureau of Indian Standards. Our expertise lies in the production of lightweight jewellery, offering affordability without compromising on quality.
Many of our exquisite pieces feature intricately studded gemstones in CZ casting gold, crafted by our skilled team of designers proficient in computer-aided design (CAD). With a team of 15 CAD designers on our payroll, we develop approximately 400 designs per month on a regular basis to stay ahead of market trends and customer demands.
Our manufacturing facility spans over 8,275 square feet area in Andheri East, Mumbai, equipped to produce variety of jewellery with precision and efficiency. As on date, we have an installed manufacturing capacity of 1,500 kg per annum. We have long standing relationships with jewellery retailers such as D.P. Abhushan Limited, Kalamandir Jewellers Limited, and numerous other esteemed clients.
Our customers are spread across seventeen (17) states and two (2) union territories in India and two (2) countries abroad. Over the years, our Company has consistently delivered quality services and products, earning the trust and loyalty of our customers. Given the family-run nature of our business, the experience of our promoters holds immense significance. Mr. Pankajkumar H Jagawat and Mr. Shashank Bhawarlal Jagawat each contribute over sixteen (16) years of invaluable expertise, whereas Mr. Rakesh Jagawat brings over twelve (12) years of experience in the jewellery market.
They spearhead our firm’s expansion, marketing, design, and production efforts. Their profound jewellery market knowledge, innovative business strategies and management skills
have been instrumental in delivering quality services to our clientele. The Promoters and senior management also actively engage in various jewellery-related exhibitions in India, leveraging their deep-rooted understanding of the industry to continually refine product offerings. Their leadership ensures that we maintain rigorous quality standards across our product spectrum.
Product Offerings-
- Rings
- Earrings
- Pendants
- Bracelets
- Necklaces
- Watches and Broaches
