U. H. Zaveri IPO is set to make its debut on 8th May 18 with 7.99 Cr d is a gem & jewelry company.
U. H. Zaveri IPO – overview
| IPO Dates | 8-14 May 18 |
| IPO Price | INR 36 per share |
| Fresh issue | – |
| Offer For Sale | Nil |
| Total IPO size | 2,220,000 shares (INR 7.99 crore) |
| Minimum bid (lot size) | 3000 shares |
| Face Value | INR 10 per share |
| Retail Allocation | 50% |
| Listing On | BSE Emerge |
Company Overview
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 a 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.
Objects of the Issue
1. To meet the working capital requirement, and
2. To meet the expenses of the Issue
Company Financials
| Particulars | 31-Mar-17 | 31-Mar-16 | 31-Mar-15 |
| Total Assets | 7,692.07 | 4,852.13 | 3,320.90 |
| Total Revenue | 17,061.75 | 12,294.19 | 11,349.31 |
| Profit After Tax | 148.69 | 95.26 | 66.28 |
Company Contact Information
U. H. Zaveri Limited
GF/2, Manish Complex
Indrajit Tenaments, Opp. Diamond Mill
Nikol Road, Ahmedabad – 382350
Phone: +91 79 22703991/92
Email: compliancesmgold@gmail.com
Website: http://www.uhzaveri.com
U H Zaveri IPO Registrar
Kfin Technologies Limited
Phone: 04067162222, 04079611000
Email: einward.ris@karvy.com
Website: https://karisma.kfintech.com/
U H Zaveri IPO Lead Manager(s)
- First Overseas Capital Limited (Past IPO Performance)
Lead Manager Reports
- IPO Lead Manager Performance Summary
- IPO Lead Manager Performance Tracker
