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graph-market IPO

Party Cruisers Ltd

Registered Office: 303/304/305 Simran Plaza,Khar 4th Road Khar (West), Mumbai - 400052, Maharashtra, India.
Phone : 91-22-49739352   Fax:
Email :  compliance@partycruisersindia.com  
Website :  www.partycruisersindia.com

Initial public issue of 15,20,000 equity shares of face value of Rs. 10/- each ("equity shares") of Party Cruisers Limited ("The Company" or "The Issuer Company") for cash at a price Rs. 51/- per equity share (including a share premium of Rs. 41/- per equity share) ("Issue Price") aggregating to Rs. 7.75 crores ("The Issue"), of which 76,000 equity shares of face value of Rs. 10/- each for a cash price of Rs. 51/- Per equity share, aggregating to Rs. 0.39 crores will be reserved for subscription by Market Maker ("Market Maker Reservation Portion"). The Issue less the market maker reservation portion i.e. Issue of 14,44,000 equity shares of face value of Rs. 10/- each at an Issue price of Rs. 51/- per equity share aggregating to Rs. 7.36 crores (is hereinafter referred to as the "net issue"). The issue and the Net issue will constitute 27.14% and 25.79%, respectively of the post issue paid up equity share capital of the company. The Face value of the equity shares is Rs. 10/- each and the issue price of Rs. 51/- i.e. 5.1 times of the face value.

Issue Money Payable On
Opens On Closes On Application Allotment
22-Feb-21 25-Feb-21 51.00-0.00 0.00-0.00
Minimum Application for shares in Nos : 2000   Further Multiples of : 2000
  Rs Cr Lead Managers to the Issue
Project Cost 7.20 First Overseas Capital Ltd
Project Financed through Current Offer 7.75  
Post Issue Equity Share Capital 5.60  
Issue Price 51.00  

Projects

  • Expansion of Business through strategic investment
  • Additional Working Capital
  • General Corporate Expenses

Promoted By

Zuzer Hatim Lucknowala

Rachana Zuzer Lucknowala

Listing At

NSE - SME

Registrar to the Issue

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