Party Cruisers Limited IPO
Party Cruisers Limited is a BSE SME IPO listed on the BSE SME platform, priced at ₹51 per share. The stock debuted at ₹54, delivering a listing gain of 5.9%. The IPO had a lot size of ₹2000 shares and a minimum investment of ₹1,02,000.
Party Cruisers Limited IPO
- IPO Dates
- Feb 22, 2021 – Feb 25, 2021
- Price band
- ₹51 per equity share
- Minimum Investment
- ₹1,02,000
- Issue size
- 1,520,000 Eq Shares of ₹10 (aggregating up to ₹7.75 Cr)
- Lot size
- 2000
- Allotment Date
- Mar 2, 2021
- Listing
- Mar 5, 2021
- Listing At
- BSE SME
IPO timeline
-
Feb 22, 2021
Open Date
Completed
-
Feb 25, 2021
Close Date
Completed
-
Mar 2, 2021
Allotment Date
Completed
-
Mar 5, 2021
Listing Date
Completed
Party Cruisers Limited IPO Essentials
Party Cruisers Limited IPO Details
Party Cruisers Limited IPO is priced at ₹51 per share with a total issue size of 1,520,000 Eq Shares of ₹10 (aggregating up to ₹7.75 Cr). The IPO has a lot size of 2000 shares and is listed on BSE SME.
- Issue price
- 51/- Per Equity Share
- Lot size
- 2000 shares
- Face value
- ₹10 Per Equity Share
- Issue size
- 1,520,000 Eq Shares of ₹10 (aggregating up to ₹7.75 Cr)
- Listing at
- BSE SME
- List price
- 54.0
- Listing date
- Registrar
- KFintech Private Limited
- Lead manager
-
First Overseas Capital Limited
Party Cruisers Limited IPO Analytics
Party Cruisers Limited IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.
Party Cruisers Limited IPO Subscription Status
Party Cruisers Limited IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.
The IPO subscription status indicates investor demand across categories.
| As on | QIB / NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 7,22,000 | 7,22,000 | 14,44,000 |
|
Day 1
22-02-21 05:00 PM
|
(0.01) x | 0.19 x | 0.1 x |
|
Day 2
23-02-21 05:00 PM
|
(0.14) x | 0.68 x | 0.41 x |
|
Day 3
24-02-21 05:00 PM
|
(0.25) x | 1.25 x | 0.75 x |
|
Day 4
25-02-21 05:00 PM
|
(0.34) x | 2.26 x | 1.3 x |
Party Cruisers Limited Valuations
Earnings
- EPS (Post IPO)
- ₹1.79/-
- P/E Ratio
- 28.56
Returns
- RoNW
- 10.81%
Party Cruisers Limited Financials( In Crs.)
| 30-Sept-20 | 31-Mar-20 | 31-Mar-19 | 31-Mar-18 | |
|---|---|---|---|---|
| Assets | 11.69 | 12.27 | 11.94 | 10.14 |
| Revenue | 1.71 | 15.88 | 18.88 | 15.35 |
| Profit After Tax | 0.14 | 1.30 | 1.93 | 1.47 |
Party Cruisers Limited Company & Offer Insights
About Party Cruisers Limited
Party Cruisers Limited is specialized in wedding management and event 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.
From the initial conception (i.e. pre-event publicity, venue search, booking, transportation) to turnkey production (on-site management, staffing, entertainment, set-up, and designing) and post-event facilities (final material distribution, post-event report, attendance assessment) everything is managed by Party Cruisers to provide an AESTHETIC ambiance and luxury wedding experience to customers. It has two registered brands naming "Vivaah" and "Vows-Away and Beyond" to offer professional wedding services whereas event management facilities are provided under its own-brand "Event Factory" and through franchisee. It also has a brand "Live Space" that specializes in the venue and set construction, designing as well as consulting facilities for weddings.
The company generates 75% of the revenues from wedding management activities and the rest is contributed by event management activities.
Party Cruisers Limited Promoter(s)
Mr. Zuzer Hatim Lucknowala , Mrs. Rachana Zuzer Lucknowala are the company's promoters of Party Cruisers Limited.
Party Cruisers Limited IPO Issue Objectives
- •
- To expand business through strategic investment.
- •
- To meet additional working capital requirement.
- •
- To meet general corporate purposes.
- •
- To meet issue expenditures.
Contact Information
Frequently Asked Questions
Click any question to reveal the answer
Party Cruisers Limited IPO is a Fixed Priced IPO worth ₹1,520,000 Eq Shares of ₹10 (aggregating up to ₹7.75 Cr). The issue price is ₹51 per share (fixed price). The IPO opens on Feb 22, 2021 and closes on Feb 25, 2021. It will be listed on BSE SME Platform. KFintech Private Limited is the registrar.
The issue price of Party Cruisers Limited IPO is ₹51 per share (fixed price).
The lot size of Party Cruisers Limited IPO is 2000 shares.
The minimum investment for Party Cruisers Limited IPO is approximately ₹1,02,000 based on the issue price .
Party Cruisers Limited IPO opens on Feb 22, 2021 and closes on Feb 25, 2021.
The allotment date of Party Cruisers Limited IPO is Mar 2, 2021.
Party Cruisers Limited IPO is expected to be listed on Mar 5, 2021, on BSE SME Platform.
Party Cruisers Limited IPO valuation snapshot: P/E 28.56, EPS ₹1.79/-, P/B N/A, RoNW 10.81%, and market cap N/A.
To apply for Party Cruisers Limited IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.
You can check the live subscription status of Party Cruisers Limited IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.
Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.
If you pre-apply for Party Cruisers Limited IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.
You can check Party Cruisers Limited IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Party Cruisers Limited IPO allotment status on IPO Ji for quick and easy access.