The U. H. Zaveri date has been confirmed from May 8, 2018 and ended on May 14, 2018.
U. H. Zaveri Developers IPO is a fixed price issue of Rs 7.99 crores. The price is ₹36 per share. The minimum lot size for an application is 3000 Shares. The minimum amount of investment required by retail investors is ₹108,000.
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Bidding Dates
May 8-14
Price Range
₹36 per share
Face Value
₹10 per share
GMP
₹44.45
U. H. Zaveri IPO GMP
The U. H. Zaveri IPO GMP is ₹44.45.
IPO Overview
The U H Zaveri IPO has a fixed price of Rs 7.99 crores. Bidding for the U H Zaveri IPO began on May 8, 2018 and finished on May 14, 2018. On May 22, 2018, the shares were listed on the BSE SME. The IPO price for U H Zaveri is 36 per share.
A lot size of 3000 shares is required for an application. Retail investors must make a minimum commitment of ₹100,000. The company maintains a showroom in Ahmedabad on Nikol Road. It has a staff of six people.
U. H. Zaveri IPO Details
| IPO Date | May 8, 2018 to May 14, 2018 |
| Listing Date | May 22, 2018 |
| Face Value | ₹10 per share |
| Price | ₹36 per share |
| Lot Size | 3000 Shares |
| Total Issue Size | 2,220,000 shares (aggregating up to ₹7.99 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | BSE SME |
| Market Maker portion | 114,000 shares |
U. H. Zaveri Company Financials
| Particulars | For the year/period ended (in Rs. Millions) | |||||
|---|---|---|---|---|---|---|
| 31-Jan-18 | ||||||
| Total Assets | 892.14 | |||||
| Total Revenue | 1,389.35 | |||||
| Profit After Tax | 74.68 | |||||
U H Zaveri IPO Listing Details
| Listing Date | May 22, 2018 |
| BSE Script Code | 541338 |
| NSE Symbol | |
| ISIN | INE556Z01010 |
| Final Issue Price | ₹36 per share |
Company Profile
U. H. Zaveri Private Limited is a gem and jewellery firm situated in Gujarat that was founded in 2017. The company’s operations are organised into two sections. The first part deals with wholesale and retail jewellery, while the second deals with jewellery trading. The company mostly offers gold jewellery, with a little portion of its sales coming from silver jewellery and other types of jewellery and utensils. U. H. Zaveri does not produce its own jewellery, thus it is outsourced. The jewellery, on the other hand, is either designed in-house, by a 3-D jewellery designer, or by a
third-party designer, or they buy ready-to-sell jewellery straight from manufacturers.
Registrar Info
| Name | Kfin Technologies Limited |
| Phone number | 04067162222, 04079611000 |
| Email ID | einward.ris@karvy.com |
| Website | kosmic.kfintech.com |
Contact Details
| Name | U. H. Zaveri Limited |
| Phone number | +91 79 22703991/92 |
| Email ID | compliancesmgold@gmail.com |
| Website | uhzaveri.com |
IPO Strenghts
- Experienced promoters and a competent management team.
- Well-established relationships with a loyal customer base.
- Access to markets worldwide, enabling global reach.
IPO Weakness
- Heavy reliance on customers based in the United States.
- Need to adhere to multiple laws and regulations in these countries to ensure compliance.
- Competition from other players in the market.