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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 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.
The Promoters of the Company are Mr. Hitesh M. Shah, Mrs. Sunitaben H. Shah, and Mr. Mahendrakumar H. Shah.
| 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 | |||||
The Objects of the Issue are-
1. To meet the working capital requirement, and
2. To meet the expenses of the Issue
| IPO Opening Date | May 8, 2018 |
| IPO Closing Date | May 14, 2018 |
| Issue Type | Fixed Price Issue IPO |
| Face Value | ₹10 per equity share |
| IPO Price | ₹36 per equity share |
| Market Lot | 3000 Shares |
| Min Order Quantity | 3000 Shares |
| Listing At | BSE SME |
| Issue Size | 2,220,000 Eq Shares of ₹10 (aggregating up to ₹7.99 Cr) |
The U H Zaveri IPO market lot size is 3000 shares. A retail-individual investor can apply for up to 1 lots (3000 shares or ₹108,000).
| Application | Lots | Shares | Amount (Cut-off) |
|---|---|---|---|
| Minimum | 1 | 3000 | ₹108,000 |
| Maximum | 1 | 3000 | ₹108,000 |
The U H Zaveri IPO is subscribed 2.83 times on May 14, 2018 17:00. The public issue subscribed 3.76 in the retail category, in the QIB category, and 1.89 in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) |
|---|---|
| NII | 1.89 |
| RII | 3.76 |
| Total | 2.83 |
| Listing Date | Tuesday, May 22, 2018 |
| BSE Script Code | 541338 |
| NSE Symbol | |
| Listing In | MT Group of Securities |
| ISIN | INE556Z01010 |
| IPO Price | ₹36 per equity share |
| Face Value | ₹10 per equity share |
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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
KFintech Private Limited
Phone: 04067162222, 04079611000
Email: einward.ris@karvy.com
Website: https://karisma.kfintech.com/
U H Zaveri IPO is a SME IPO of 2,220,000 equity shares of the face value of ₹10 aggregating up to ₹7.99 Crores. The issue is priced at ₹36 per equity share. The minimum order quantity is 3000 Shares.
The IPO opens on May 8, 2018, and closes on May 14, 2018.
KFintech Private Limited is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
The U H Zaveri IPO opens on May 8, 2018 and closes on May 14, 2018.
U H Zaveri IPO lot size is 3000 Shares and the minimum order quantity is 3000 Shares.
You can apply in U H Zaveri IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Edelweiss, ICICI Bank, HDFC Bank and SBI Bank.
The finalization of Basis of Allotment for U H Zaveri IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the U H Zaveri IPO allotment status.
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Is there any news about U H Kaveri?
Shall I sell the stocks or hold them?
Anyone please advise.