Monday, February 22, 2021

Party Cruisers IPO Date, Review, Price Band, Form & Market Lot Details


Party Cruisers IPO date is 22 February and closes on 25 February 2021. The company incorporated in 1994 based in Mumbai. The are doing wedding management and event management. They are providing management services like pre wedding, wedding, house designing, destination wedding, decor and more. They have two brand names "Vivaah" and "Vows-Away and Beyond" under which they are providing professional wedding services. Their core business wedding management gives 75% revenues to their brand. The IPO price band is ₹51 with market lot of 2000 shares. Party Cruisers is a NSE SME IPO and they are going to raise ₹7.75 Cr via SME IPO. Check out Party Cruisers IPO dates, price band and market lot details.
 
Party Cruisers subscribed 1.40 times overall in which NII 0.65 times and Retail 2.15 times.

Party Cruisers



    Party Cruisers IPO Review

    • Risky / Avoid

    Party Cruisers IPO Date & Price Band

     IPO Open:  22 February 2021
     IPO Close:  25 February 2021
     IPO Size:  Approx ₹7.75 Crore
     Face Value:  ₹10 Per Equity Share
     Price Band:  ₹51 Per Share 
     Listing on:  NSE SME
     Retail Portion:  50%
     Equity:  1,520,000 Shares

    Party Cruisers IPO Market Lot

     Minimum Lot Size:  Minimum 2000 Shares
     Minimum Amount:  ₹102000
     Minimum Lot Size:  Maximum 2000 Shares
     Minimum Amount:  ₹102000

    Party Cruisers IPO Allotment & Listing

     Basis of Allotment:  2 March 2021
     Refunds:  3 March 2021
     Credit to Demat Account:  4 March 2021
     Listing Date:  5 March 2021

    Party Cruisers IPO Form

    How to apply the Party Cruisers IPO? You can apply Party Cruisers IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Party Cruisers IPO in the Invest section. The other option you can apply Party Cruisers IPO via IPO forms download via NSE website. Check out the Party Cruisers forms - click NSE Forms blank IPO forms download, fill and submit in your bank or with your broker.

    Party Cruisers Company Financial Report

      ₹ in Crore

    Revenue Expense Net Income
    2017 - - -
    2018 15.3613.29 1.48
    2019 18.88
    16.05 1.93
    2020 15.89 14.26 1.00
    2021 H1
    1.71 1.45 0.23

    Company Promoters

    • Mr. Zuzer Hatim Lucknowala
    • Mrs. Rachana Zuzer Lucknowala

    Quick Links

    DRHP Draft Prospectus
    RHP Draft Prospectus

    Party Cruisers IPO Registrar

    KFintech Private Limited
    Selenium Building, Tower-B, Plot No 31 & 32,
    Financial District,Nanakramguda, Serilingampally,
    Rangareddi, Telangana India - 500 032.
    Phone: 1-800-3454001
    Email: einward.ris@karvy.com
    Website: https://karisma.kfintech.com/
    Note: Check Party Cruisers IPO allotment status on KFintech website allotment URL. Click Here

    Party Cruisers IPO Lead Managers

    • First Overseas Capital Limited

    Company Address

    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: http://www.partycruisersindia.com/

    Party Cruisers IPO FAQs


    When Party Cruisers IPO will open for NII and Retail?

    The IPO is to open on 22 February 2021 for NII, and Retail Investors.

    What is Party Cruisers IPO Investors Portion?

    The investors' portion for QIB-0%, NII-50%, and Retail 50%.

    How to Apply the Party Cruisers IPO?

    You can apply Party Cruisers IPO via ASBA online via your bank account. You can apply ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.

    How to Apply the Burger King IPO through Zerodha?

    Log in to Console in Zerodha Website. Go to Portfolio and Click on IPO. You will see the IPO Name "Party Cruisers". Click on Bid Button. Enter your UPI ID, Quantity and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.

    What is Party Cruisers IPO Size?

    Party Cruisers IPO size is ₹7.75 crore.

    What is Party Cruisers IPO Price Band?

    Party Cruisers IPO Price Band is ₹51.

    What is Party Cruisers IPO Minimum and Maximum Lot Size?

    The minimum bid is 2000 Shares with ₹102000 amount while maximum bid is 2000 shares with ₹102000.

    What is Party Cruisers IPO Allotment Date?

    Party Cruisers IPO allotment date is 2 March 2021.

    What is Party Cruisers IPO Listing Date?

    Party Cruisers IPO listing date is 5 March 2021. The IPO to list on NSE SME platform.

    Note: The Party Cruisers IPO price band and date will be added as it will be officially announced. The IPO grey market premium (Party Cruisers IPO GMP) will be added on the grey market page as it will start)