IPO

Palm Jewels Limited IPO

BSE SME

Offer Date: May 25, 2018 - Jun 4, 2018

₹ 240000 /8000 Shares
*Min Investment

25 May, 2018

Open Date

04 Jun, 2018

Close Date

08 Jun, 2018

Allotment Date

12 Jun, 2018

Listing Date
IPO Issue Details
  • Issue Price Rs 30 Per Equity Share 
  • Face Value Rs 10 Per Equity Share 
  • Issue Price 29,68,000 Equity Shares of Rs 10/- each at a price of Rs 30/- per share aggregating to 8.9 Cr
  • Listing at BSE SME
  • Lead Manager First Overseas Capital Limited
  • Registrar Karvy Computershare Private Limited
IPO Details
  • Retail Portion N/A
IPO Details


Palm Jewels Limited IPO is an SME IPO, priced at Rs 30 Per Equity Share . The equity shares have a face value of Rs 10 Per Equity Share  each and will be listed on the BSE SME platform.

The IPO bidding window is open from May 25, 2018 to Jun 4, 2018. The allotment is expected to be finalized on Jun 8, 2018, and the tentative listing date is Jun 12, 2018.


The registrar of the IPO is Karvy Computershare Private Limited , and

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IPO Subscription Analysis And Details
Retail
21.00x
Total
32.00x
As onQIB / NIIRetailTotal
Shares Offered / Reserved14,08,00014,08,00028,16,000
Day 1 25-05-18
84,000 0.06 x0 x84,000 0.03 x
Day 2 28-05-18
3,72,000 0.26 x16,000 0.01 x3,88,000 0.14 x
Day 3 29-05-18
3,72,000 0.26 x36,000 0.03 x4,08,000 0.14 x
Day 4 - 30-05-18
5,08,000 0.36 x48,000 0.03 x5,56,000 0.20 x
Day 5 - 31-05-18
5,08,000 0.36 x7,20,000 0.51 x12,28,000 0.44 x
Day 6 - 01-06-18
8,48,000 0.60 x11,80,000 0.84 x20,28,000 0.72 x
Day 7 - 04-06-18
11,52,000 0.82 x21,12,000 1.50 x32,64,000 1.16 x
Valuations
Earnings Per Share (EPS) Rs 0.03
P/E Ratio 1438
RoNW 4.54%
Net Asset Value (NAV) ( Post Issue ) Rs 19.02
IPO - Issue Objectives
1

To meet working capital requirement

2

To meet the expenses of the Issue