Party Cruisers Ltd IPO


IPO Details

  • Open Date 22-Feb-21
  • Close Date 25-Feb-21
  • Lot Size 2000
  • IPO Size ₹ 7.75 Cr
  • IPO Price Range ₹ 51
  • Min Investment ₹ 102000
  • Listing Exchange -
  • Basis of Allotment TBA
  • Refunds TBA
  • Credit to Demat Account TBA
  • Listing Date TBA

IPO Synopsis

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.

How to apply for IPO?

  • Login to your 5paisa account 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 mandate notification to block funds in your UPI app

  • Approve the mandate request on your UPI and funds will be blocked

Contact Details of Party Cruisers Ltd IPO

Contact Information

303/304/305 Simran Plaza,
Khar 4th Road Khar (West),
Mumbai, Maharashtra 400052

Party Cruisers Ltd IPO Lead Manager

First Overseas Capital Ltd