U. H. Zaveri Limited IPO

U. H. Zaveri Limited

Issue Open

May 08, 2018

Price Band

₹ 36

Issue Size

₹ 7.99 Cr

Credit of Shares to Demat

-

Issue Close

May 14, 2018

Bid Lot

3000

Listing Exchange

BSE SME

Cut off time for UPI Mandate Confirmation

-

Issue Type

Fixed Price Issue IPO

Minimum Order Quantity

3000

Allotment Details

-

Face Value

Rs 10 Per Equity Share

Listing On

May 22, 2018

Refunds

-

About the company:

U.H. Zaveri Limited is a Gujarat based company engaged in the gem and jewellery business. The company is into retailing of gems and jewellery as well as in trading of the same. The company doesn’t make jewellery therefore it outsource the making of jewellery. The company has employed 6 employees to carry out operations.

Date of Incorporation: The company was incorporated in 2017

Promoters of U. H. Zaveri Limited: Mr. Hitesh M. Shah, Mrs. Sunitaben H. Shah, and Mr. Mahendra kumar H. Shah. are the promoters of the company.

Products and Services: The company is into wholesaling and retailing of jems and jewellery. The company sells gold and silver jewellery and other kinds of jewellery and utensils.   

Customers segment: The company focuses on retail segment

Object of the Issue: The Objects of the Issue are-

-       To meet the working capital requirement
-       To meet the expenses of the Issue

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

         

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