Party Cruisers Ltd IPO

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Party Cruisers Limited, specialized in planning luxury celebrations in India and worldwide. Party cruisers Limited is into event management and wedding management activities. The company offers a range of event activities from pre-wedding to during wedding and post-wedding activities such as in-house designing, destination wedding decor, etc.

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.

Party Cruisers Ltd IPO Subscription Details


Party Cruisers Ltd

Issue Type

Fixed Price - SME

Issue Size (In ` Crore)


Lot Size

2000 equity shares

Open Date

22 Feb 2021

Close Date

25 Feb 2021

Offer Price

₹51 per equity share


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How to apply IPO on 5paisa app?

  • Login to your 5paisa Mobile Trading App and select the issue in the current IPO section
  • Enter the number of lots and price at which you wish to apply for
  • Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange
  • You will receive a notification to block funds in your UPI app
  • Approve the block request

Party Cruisers Ltd IPO Frequently Asked Questions

Party Cruisers Limited, specialized in planning luxury celebrations in India and worldwide is coming up with it's initial public offering on 22nd February, 2021 with the public issue comprising a fresh issue size of ₹7.75 Cr.

You can apply for the Party Cruisers IPO using any supported UPI apps. To Apply on 5paisa App follow the procedure mentioned above. For further details Click Here.

Party Cruisers IPO will open on February 22, 2021.

The Issue Size of Party Cruisers IPO is 1,520,000 Equity Shares of face value ₹10 aggregating ₹7.75 Cr.

Party Cruisers IPO Lot size is 51 equity shares, that means you can apply for one lot consisting 51 equity shares.

Shares of Party Cruisers will be getting allotted on 02nd March, 2021.

Party Cruisers Shares will be getting listed on 05th March, 2021.

Here is the minimum investment calculation of Party Cruisers IPO
Lot size – 2000 * Issue Price ₹51 = ₹102,000.

No, one bank account one IPO application is allowed.

Cut off Price for Party Cruisers IPO is ₹102,000

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Contact Details of Party Cruisers Ltd IPO

Company Contact Information

Party Cruisers Ltd IPO
303/304/305 Simran Plaza,
Khar 4th Road Khar (West),
Mumbai, Maharashtra 400052.

Phone: 91-22-49739352
Email: compliance@partycruisersindia.com
Website: https://www.partycruisersindia.com/

Party Cruisers Ltd IPO Register

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