About the Company
U.H Zaveri Ltd a gems & jewellery company.Company deals wholesale and retail of jewellery and is also into trading of jewellery.
Company mainly sells gold jewellery and marginal percentage of the revenue is earned through silver jewellery and other kind of jewellery and utensils.
Company sell their jewellery from their only retail showroom located in Nikol Road, Ahmedabad.
company does not manufacture its own jewellery and hence, the making of jewellery is outsourced. The jewellery sold by them is either designed in house or through 3-D jewellery designer or by third party designers or they purchase ready to sell jewellery directly from manufacturers.
Company’s Products have presence across different price points and cater to customers across high-end, mid-market and value market segments.
Management Team:
- Mr. Hitesh M. Shah (Designation: Managing Director)
- Mrs. Sunitaben H. Shah (Designation: Non- Executive Director)
- Mr. Mahendrakumar H. Shah (Designation: Executive Director)
Promoters Average Acquisition Cost:
Name of the Promoter | No. of Shares held | Average Acquisition Cost (in Rs.) |
---|---|---|
Mr. Hitesh M. Shah | 3,583,719 | 14.06 |
Mrs. Sunitaben H. Shah | 150,960 | 0.20 |
Mr. Mahendrakumar H. Shah | 153,000 | 0.20 |
Objectives of the Issue:
- To meet Working capital requirement
- To meet the expenses of the Issue
Fund Utilization:
Particulars | Amount (Rs. in Crores) |
---|---|
Working Capital requirements | 7.74 |
Issue Related Expenses | 0.25 |
Net Proceeds | 7.99 cr |
Financials of the Company:
(in Crores) | 31st Jan 18 |
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Revenue | 13.89 |
Net Profit | 0.74 |
Valuation of Peer Group Companies:
Company Name | Face Value | EPS | PE Ratio | RoNW | NAV |
---|---|---|---|---|---|
U. H. Zaveri Limited | 10 | 1.92 | 18.75 | 12.87 | 14.90 |
Goldiam International Ltd | 10 | 3.90 | 19.20 | 5.5 | 79.70 |
Renaissance Jewellery Ltd | 10 | 15.40 | 22.00 | 7.30 | 234.20 |
Uday Jewellery Ltd | 10 | 1.00 | 24.40 | — | 12.10 |
IPO Details:
Details | Info |
---|---|
Issue Opens on | 8th May 2018 |
Issue Closes on:. | 14th May 2018 |
Issue Price | Rs.36 |
Face Value | Rs.10 |
Minimum Lot | 3000 |
Minimum Investment | Rs.1,08,000 |
Issue Constitutes | 36.30% |
Issue Size | Rs.7.99 cr |
Market Cap | Rs.22.01 cr |
Listing at | BSE SME |
Equity Shares Offered (Fresh Issue) | 22,20,000 |
Equity Shares Prior to the Issue | 38,96,400 |
Equity Shares after the Issue | 61,16,400 |
Important Dates:
Finalization of Basis of Allotment | on or Before 17th May 2018 |
Initiation of Refunds | on or Before 18th May 2018 |
Credit of Equity Shares: | on or Before 18th May 2018 |
Listing Date: | on or Before 22nd May 2018 |
Subscription Details: (Will be Updated)
(Subscription-Category-Wise (no. of times) Till time : 06:00 PM) | Shares Offered | 8/5 | 9/5 | 10/5 | 11/5 | 14/5 |
---|---|---|---|---|---|---|
HNI | 10,53,000 | 0.10 | 1.10 | 1.13 | 1.14 | 1.89 |
Retail | 10,53,000 | 1.08 | 1.63 | 1.71 | 2.43 | 3.78 |
Others | 1,14,000 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Employee | —— | —- | —- | —- | —- | —- |
TOTAL | 22,20,000 | 0.56 | 1.29 | 1.35 | 1.69 | 2.69 |
IPO Valuation Parameters:
Earnings Per Share (EPS) | Price To Earnings ratio (PE) | Return on Net Worth (RoNW) | Net Asset Value (NAV) |
---|---|---|---|
1.92 | 18.75 | 12.87% | 14.90 |
Check IPO Allotment Status: |
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Karvy Website (Click on the below Link)http://kosmic.karvy.com:81/ipotrack/ |
Company Contact Info: |
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U. H. ZAVERI LIMITED GF/2, Manish Complex, Indrajit Tenaments, Opp. Diamond Mill, Nikol Road, Ahmedabad – 382350, Gujarat, India Tel No. : +91 79 22703991,22703992 Email Id : uhzl.compliance@gmail.com Website : www.uhzaveri.com |
IPO Registrar Info: |
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KARVY COMPUTERSHARE PRIVATE LIMITED Karvy Selenium Tower B, Plot 31-32, Gachibowli, Financial District, Nanakramguda, Hyderabad 500 032 India Tel. No.: 1-800-3454001/ +91 40 6716 2222 Investor Email: uhzaveri.ipo@karvy.com Website: www.karisma.karvy.com |
Lead Manager to the Issue: |
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FIRST OVERSEAS CAPITAL LIMITED 1-2 Bhupen Chambers, Ground Floor, Dalal Street, Mumbai-400 001 Tel. No.: +91 224050 9999 Investor Email: investorcomplaints@focl.in Website: www.focl.in |