Party Cruisers Limited

Party Cruisers Limited IPO Review

Party Cruisers has practical experience in Wedding Management and Events Management administrations going from pre-wedding, during wedding and post wedding occasions like in-house planning, exotic marriage occasion stylistic theme and so on Its Event Services range from arranging and showcasing to creation and stylistic layout and so forth

The organization has a group of 30 workers which work out of its Mumbai office. Be that as it may, the organization has embraced the franchisee model to extend its business the nation over. Wedding the board as of now contributes almost 75% of the organization’s incomes while Event Management represents the rest.

Subscription Dates22 – 25 February 2021
Price BandINR51 per share
Fresh issue1,520,000 shares (INR7.75 crore)
Offer For SaleNil
Total IPO size1,520,000 shares (INR7.75 crore)
Minimum bid (lot size)2,000 shares
Face Value INR10 per share
Retail Allocation50%
Listing OnNSE Emerge SME platform
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FY2018

FY2019

FY2020

H1 FY2021

Revenue

15.36

18.88

15.89

1.71

Expenses

13.29

16.05

14.26

1.45

Net income

1.48

1.93

1.00

0.23

Earnings Per Share (EPS): INR2.45

Price/Earnings (PE ratio): 20.82

Return on Net Worth (RONW): 10.81%

Net Asset Value (NAV): INR22.70 per share

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NSE : NA

BSE : NA

ISIN CODE : INE06ZX01015

IPO Opening Date: 22 February 2021
IPO Closing Date: 25 February 2021
Finalisation of Basis of Allotment: 2 March 2021
Initiation of refunds: 3 March 2021
Transfer of shares to demat accounts: 4 March 2021
Listing Date: 5 March 2021
Opening Price on NSE SME: INR54 per share (up 5.88% from IPO price)
Closing Price on NSE SME: INR51.3 per share (up 0.59% from IPO price)

Party Cruisers Limited

303/304/305, Simran Plaza, Khar

4th Road, Next to Regal Enclave Hotel,

Khar (West), Mumbai – 400 052

Phone: +91 22 49739352

Email: compliance@partycruisersindia.com

Website: www.partycruisersindia.com

KFin Technologies Private Limited

Selenium Tower B, Plot 31-32,

Gachibowli, Nanakramguda,

Hyderabad – 500 032, Telangana

Phone: +91 40 6716 2222 

Fax: +91 40 2343 1551

Email: einward.ris@kfintech.com

Website: www.kfintech.com

Day

Subscription (no. of times)

Day 1

0.12

Day 2

0.39

Day 3

0.71

Day 4

1.24

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Party Cruisers Limited IPO FAQ's

The Party Cruisers Limited IPO is a SME IPO of ₹51 per equity share with a face value of ₹10 per equity share. 

The issue size is priced at 1,520,000 equity shares of ₹10 (aggregating up to ₹7.75 Crore).

The initial public offering (IPO) begins on Feb 22, 2021 and ends on Feb 25, 2021.

The registrar for the IPO is Link Intime India Private Ltd. The shares are proposed for listing on the NSE and SME.



TheParty Cruisers Limited IPO opens on Feb 22, 2021 and closes on Feb 25, 2021. The IPO Issue date may list on Mar 5, 2021.

The Party Cruisers Limited IPO Market lot size is 2000 Shares and the minimum order quantity is 2000 Shares.

The finalization of Basis of Allotment for Party Cruisers Limited IPO will be done on March 2, 2021 and the allotted shares will be credited to your demat account by March 4, 2021. Check the Party Cruisers Limited IPO status.

The Party Cruisers Limited IPO listing date is on March 5, 2021.

Party Cruisers Limited IPO applications can be submitted online using either UPI or ASBA as a payment method. The ASBA IPO application is available in your bank’s net banking. Brokers who do not provide banking services provide UPI IPO applications. Learn more about online IPO applications from Zerodha, Upstox, 5Paisa, Edelweiss, ICICI Bank, HDFC Bank, and SBI Bank.

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Party Cruisers Limited IPO Comments