Utssav Cz Gold Jewels Limited IPO GMP details

About Utssav Cz Gold Jewels Limited

Utsav CZ Gold Jewels Limited established in 2007, is engaged in specializing in the design, manufacture, and export of 18K, 20K, and 22K CZ gold jewelry. The company excels in creating lightweight and intricately crafted pieces that blend the timeless allure of gold with the radiant beauty of cubic zirconia. Their extensive product range includes rings, earrings, pendants, bracelets, necklaces, watches, and brooches, catering to various tastes and occasions.

The essence of Utsav CZ Gold Jewels Limited lies in its dedication to crafting exquisite CZ casting gold jewelry. The company’s focus on contemporary design ensures that their creations resonate with the preferences of today’s youth, offering both elegance and affordability. Cubic zirconia, a synthetic gemstone admired for its diamond-like clarity and durability, serves as a versatile and cost-effective alternative to traditional diamonds. Utsav’s jewelry pieces, featuring these ‘American Diamonds,’ are designed to cater to diverse regional tastes, reflecting the company’s commitment to customization and client satisfaction.

Utsav CZ Gold Jewels operates an 8,275 square feet facility in Andheri East, Mumbai, equipped with state-of-the-art technology to maintain high standards of precision and efficiency. With a production capacity of 1,500 kg per annum, Utsav CZ Gold Jewels Limited harnesses the skills of a dedicated team of 15 CAD designers, who generate around 400 new designs monthly. This dynamic approach allows the company to stay ahead of market trends and meet the evolving demands of their clientele.

The company is well-regarded for its high-quality craftsmanship and innovative designs, supported by a strong network of esteemed retail partners. The company has fostered long-term relationships with prominent jewellery retailers such as D.P. Abhushan Limited and Kalamandir Jewellers Limited, among others. Their reach extends across seventeen states and two union territories in India, as well as into international markets, underscoring their broad appeal and trusted reputation in the industry.

With a legacy built on quality, design excellence, and customer trust, company continues to set the benchmark in the CZ gold jewellery sector. Their commitment to delivering affordable luxury without compromising on quality ensures that each piece not only enhances the wearer’s style but also upholds the company’s esteemed reputation for excellence and reliability.

Utsav CZ Gold Jewels Limited prepares for its Initial Public Offering (IPO), the proceeds from the Fresh Issue will be allocated towards critical objectives:

1. Funding Working Capital requirement of the Company.
2. General Corporate Purpose.