Utssav CZ Gold Jewels Limited IPO GMP

Utssav CZ Gold Jewels Limited has always been an emblem of integrity, quality and craftsmanship. Their aim has been to create a range of exquisite CZ studded 18K yellow and rose gold jewellery, with contemporary designs that will delight even the most discerning connoisseurs.

Utssav Jewels, a Book Built Issue amounting to ₹69.49 crores, consisting entirely a Fresh Issue of 63.18 Lakh Shares. The subscription period for the Utssav Jewels IPO opens on July 31, 2024, and closes on August 02, 2024. The allotment is expected to be finalized on or about Monday, August 05, 2024, and the shares will be listed on the NSE SME with a tentative listing date set on or about Wednesday, August 07, 2024.

The Share price band of Utssav Jewels IPO is set at ₹104 to ₹110 equity per share, with a minimum lot size of 1,200 shares. Retail investors are required to invest a minimum of ₹132,000, while the minimum investment for High-Net-Worth Individuals (HNIs) is 2 lots (2,400 shares), amounting to ₹264,000.

Choice Capital Advisors Private Limited is the book-running lead manager, Bigshare Services Private Limited is the registrar for the Issue. Choice Equity Broking Private Limited will act as the Market Maker for the Utssav Jewels IPO.

Utssav CZ Gold Jewels Limited IPO GMP Today
The Grey Market Premium of Utssav CZ Gold Jewels Limited IPO is expected in the range of ₹50 to ₹55 based on the financial performance of the company. No real trading is done on the basis of Grey Market Premium that's why no real discovery of price can be done before the listing of shares on the stock exchange. The Grey Market Premium totally depends upon the Demand and Supply of the shares of the company in unorganized manner which is not recommended. The Grey Market Premium is mentioned for educational and informational purposes only.

Utssav CZ Gold Jewels Limited IPO Live Subscription Status Today
As of 06:30 PM on 02 August 2024, the Utssav CZ Gold Jewels IPO live subscription status shows that the IPO subscribed 44.30 times on the final day of IPO subscription period. Check the Utssav CZ Gold Jewels Live Subscription Status Today at NSE.

Utssav CZ Gold Jewels Limited IPO Allotment Status
Utssav Jewels IPO allotment date is 05 August, 2024, Monday. Utssav Jewels IPO Allotment will be out on 5th August 2024 and will be live on Registrar Website from the allotment date. Check Utssav CZ Gold Jewels Limited IPO Allotment Status here. Here's how you can check the allotment status:
- Navigate to the IPO allotment status page.
- Select Utssav CZ Gold Jewels Limited IPO from the dropdown list of IPOs.
- Enter your application number, PAN, or DP Client ID.
- Submit the details to check your allotment status.
By following either of these methods, investors can quickly determine their allotment status and proceed accordingly with their investments.

Objectives of Utssav CZ Gold Jewels Limited IPO
Utssav Jewels Issue Proceeds from the Fresh Issue will be utilized towards the following objects :
1. ₹6,050.00 Lakhs is required for Funding Working Capital of their Company 
2. General Corporate Purpose

Refer to Utssav CZ Gold Jewels Limited RHP for more details about the Company.