U. H. Zaveri Limited IPO

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) |
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31-Jan-18 |
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Total Assets |
892.14 |
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Total Revenue |
1,389.35 |
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Profit After Tax |
74.68 |
Issue Detail
- Issue Open: May 08, 2018
- Issue Close: May 14, 2018
- Issue Type: Fixed Price Issue IPO
- Face Value: Rs 10 Per Equity Share
- Price Band: Rs 36 Per Equity Share
- Bid Lot:3000 Shares
- Minimum Order Quantity:3000 Shares
- Listing At: BSE SME
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Issue Size:
Rs 7.99 Cr
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