Issue Price
₹36
Per Share
GMP
NIL
Grey Market
Est. Listing
₹36
Expected Price
Min. Application
₹216,000
2 lots × 3000 shares
Incorporated in 2017, Gujarat based U. H. Zaveri Private Limited is a gem & jewelry company. The business operations are divided into two divisions. One division is into wholesale and retail of jewelry and the second division is into trading of jewelry. The company mainly sells gold jewelry and marginal percentage of its revenue is earned through silver jewelry and other kinds of jewelry and utensils.U. H. Zaveri does not manufacture its own jewelry and hence, the making is outsourced. However, the jewelry is either designed in-house or through 3-D jewelry designer or by third-party designers or they purchase ready to sell jewelry directly from manufacturers. The company has a showroom in Nikol Road, Ahmedabad. It has 6 employees on its payroll.
U.H.Zaveri Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
| Category | Shares Offered | % Issue | Amount (₹ Cr)* | Subscription |
|---|---|---|---|---|
| Market Maker | 114,000 | — | ₹0.41 Cr | — |
| TOTAL | 2,220,000 | 100.00% | ₹7.99 Cr | — |
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 3,000 | ₹108,000 |
| Retail (Max) | 13 | 39,000 | ₹1,404,000 |
| sNII (Min) | 14 | 42,000 | ₹1,512,000 |
| bNII (Min) | 68 | 204,000 | ₹7,344,000 |
| Particulars | 31-Jan-18 | FY 2023-24 | FY 2022-23 |
|---|---|---|---|
| Revenue from Operations | 138.93 | N/A | N/A |
| EBITDA | N/A | N/A | N/A |
| Profit After Tax (PAT) | 7.46 | N/A | N/A |
| Net Worth | N/A | N/A | N/A |
| Total Assets | 89.21 | N/A | N/A |
| Reserves & Surplus | N/A | N/A | N/A |
| Total Borrowings | N/A | N/A | N/A |