Palm Jewels Ltd IPO

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Public issue of 29,68,000 equity shares of face value of Rs. 10/- each (equity shares) of Palm Jewels Limited (the company or the issuer) for cash at a price Rs. 30/- per equity share (including a share premium of Rs. 20/- per equity share) (issue price) aggregating to Rs. 8.90 Crores (the issue), of which 1,52,000 equity shares of face value of Rs. 10/- each for a cash price ofRs. 30/- per equity share, aggregating to Rs.0.45 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 28,16,000 equity shares of face value of Rs. 10/- each at an issue price of Rs. 30 per equity share aggregating to Rs. 8.45 Crores (is hereinafter referred to as the net issue). The issue and the net issue will constitute 40.20 % and 38.14 %, 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. 30/- i.e. 3.0 times of the face value.

Palm Jewels Ltd IPO Subscription Details


Palm Jewels Ltd

Issue Type

Fixed Price - SME

Open Date

25 May

Close Date

04 Jun

Offer Price


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  • Approve the block request

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Contact Details of Palm Jewels Ltd IPO

Company Contact Information

Palm Jewels Ltd IPO
G F-37 Super Mall Nr Diamond,
CO Hsg Soc Ltd Nr Lal Bunglow,
Ahmedabad, Gujarat 380009.

Phone: 91-79-40052056
Email: compliance.pjl@gmail.com

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