| Public issue of upto 63,18,000^ equity shares of face value of Rs. 10/- each ("Equity Shares") of Utssav CZ Gold Jewels Limited ("Utssav" or the "Company" or the "Issuer") for cash at a price of Rs. 110 per equity share including a share premium of Rs. 100 per equity share (the "Issue Price") aggregating to Rs. 69.50 crores ("The Issue"), of which 3,18,000 equity shares of face value of Rs. 10/- each for cash at a price of Rs. 110 per equity share including a share premium of Rs. 100 per equity share aggregating to Rs. 3.50 crores will be reserved for subscription by market maker to the issue (the "Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e. net issue of 60,00,000 equity shares of face value of Rs. 10/- each at a price of Rs. 110 per equity share including a share premium of Rs. 100 per equity share aggregating to
Rs. 66.00 crores is herein after referred to as the "Net Issue". The issue and the net issue will constitute 26.53 % and 25.19% respectively of the post issue paid up equity share capital of the company.
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