Utssav Cz Gold Jewels IPO

Utssav Cz Gold Jewels IPO offers 63,18,000 shares worth INR 69.50 crores to fund working capital and general corporate purposes.

Important Details

Open Date : July 31, 2024 Close Date : August 2, 2024 Allotment Date: August 5, 2024 Listing Date: August 7, 2024

Important Details

IPO Price: INR 104-110 per share Lot Size: 1200 Shares Total Issue Size: INR 69.50 crores

Fundamental Analysis

Utssav Cz Gold Jewels IPO Analysis shows mixed performance: 1. Significant revenue growth. 2. Increased profitability and EPS. 3. Consistent equity and liabilities growth. 4. Reduced debt reliance, indicating strong financial health.

Peer Comparison

Utsav CZ Gold Jewels: Strong performance, notable metrics. Ashapuri Gold Ornaments: Steady results. Sky Gold & Swarnsarita Jewels: Significant figures. Uday Jewellery Industries: Strong performance.

Objective

Utssav Cz Gold Jewels Limited aims to meet working capital requirements.

Risks And Challenges

Utssav Cz Gold Jewels IPO risks: Risks: Losing key clients, equipment failures, unpredictable consumer trends. Mitigation: Robust risk management, securing new customers, adapting design capabilities.