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Open
22 Feb 2021
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Close
25 Feb 2021
3
Allotment
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Listing
Fri, Mar 5, 2021
Price Band
₹51 per share
Issue Size
15,20,000 shares (agg. up to ₹8 Cr)
Lot Size
2,000 Shares
Listing Date
Fri, Mar 5, 2021
Latest GMP
₹0
✦ AI Insight
GMP Trend
27-10-2025₹0Est. ₹—+0%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 1.10x |
Restated Financials (₹ Cr.)
| Period Ended | 30 Sep 2020 | 31 Mar 2020 | 31 Mar 2019 | 31 Mar 2018 |
|---|---|---|---|---|
| Assets | 11.69 | 12.28 | 11.94 | 10.14 |
| Total Income | 1.71 | 15.89 | 18.88 | 15.36 |
| Profit After Tax | 0.15 | 1.30 | 1.93 | 1.48 |
| NET Worth | 9.49 | 9.26 | 8.07 | 6.13 |
| Reserves and Surplus | 5.41 | 5.18 | 4.02 | 6.08 |
| Total Borrowing | 0.82 | 1.01 | 0.33 | 0.50 |
| Amount in ₹ Crore |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Expansion of Business through strategic investment | 3.40 |
| 2 | Additional Working Capital | 3.50 |
| 3 | General Corporate Expenses | 0.30 |
| 4 | To meet the expenses of the Issue | 0.55 |
About Party Cruisers IPO
Incorporated in 1994, 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. Competitive stre
Contact Details
Party Cruisers Ltd. Address303/304/305, Simran Plaza, Khar 4th RoadNext to Regal Enclave HotelKhar (West)Mumbai, Maharashtra, 40005291 22 49739352compliance@partycruisersindia.comVisit Website