U. H. Zaveri Ltd

U. H. Zaveri Limited was originally incorporated as a company limited with the name U. H. Zaveri Private Limited on August 28, 2017. Subsequently, the Company was converted in to a public limited company and consequently name was changed to U. H. Zaveri Limited (UHZL) on September 13, 2017. Thereafter, a special resolution was passed by the shareholders at the EGM held on September 20,2017 for conversion of the company from a company limited by guarantee to a company limited by shares on September 26, 2017.The company has been incorporated as a gems jewellery company. The Companys business operations are divided into two divisions. One division of business operations is into wholesale and retail of jewellery and the second division is into trading of jewellery. The company mainly sells gold jewellery and marginal percentage of its revenue is earned through silver jewellery and other kind of jewellery and utensils. The company does not manufacture its own jewellery and hence, the making of its jewellery is outsourced. However, the jewellery sold by the company is either designed in house or through 3D jewellery designer or by third party designers or it purchases ready to sell jewellery directly from manufacturers. The registered office address and showroom address is the same, i.e., in Nikol Road, Ahmedabad. Its showroom has a unique collection of contemporary, antique, kundan, polka and temple jewellery. In addition to this, the company also sells customized jewellery, gold and silver jewellery articles that are available in a variety of attractive patterns designs and can be procured within reasonable price ranges. The products have presence across different price points and cater to customers across highend, midmarket and value market segments. The promoters, Mr. Hitesh M. Shah, Mr. Mahendrakumar H. Shah and Mrs. Sunita H. Shah have years of rich experience in gems and jewellery industry, management line and designing field.