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Party Cruisers Ltd. IPO
NSE SME Fixed Price IPO Fresh Capital Closed Live Chart
GMP +₹0 +0% Est. Listing ₹51
Issue Price
₹51
Face ₹10
GMP
+₹0
+0% premium
Est. Listing
₹51
GMP based
Lot Size
2,000
shares / lot
Min Amount
₹102,000
1 lot · 2,000 shares
Live Price
tap to chart
Allotment
Important Dates
6/6 completed
Open
Close
Allotment
Refund
Demat
Listing
Done
Open Date
22 Feb 2021
Mon Completed
Done
Close Date
25 Feb 2021
Thu Completed
Done
Allotment
02 Mar 2021
Tue Completed
Done
Refund
03 Mar 2021
Wed Completed
Done
Demat Credit
04 Mar 2021
Thu Completed
Done
Listing Date
05 Mar 2021
Fri Completed
UPI Deadline: 25 Feb 2021
Issue Details
Pricing & Size
Issue Price
₹51 Face ₹10
Lot Size
2,000 shares
Min Investment
₹102,000
Total Issue Size
15,20,000 shares (aggregating up to ₹7.75 Cr)
IPO Information
Issue Type
Fixed Price IPO
Sale Type
Fresh Capital
Listing Exchange
NSE SME
Script / Ticker
-
Allocation Breakdown
Market Maker
76,000 (5.00%)
QIB Portion
-
NII / HNI
7,22,000 (47.50%)
Retail
7,22,000 (47.50%)
Employee
-
Net Offer to Public
14,44,000 shares (aggregating up to ₹7.36 Cr)
Shareholding Pattern
Pre-Issue Shareholding
40,80,000 shares
Post-Issue Shareholding
56,00,000 shares
Application Size
CategoryMin LotsSharesAmount
Retail (sNII) 1 2,000 ₹1,02,000
HNI / NII 2 4,000 ₹2,04,000
Objects of Issue
4 objectives
1
1 Expansion of Business through strategic investment
3.40 Cr
2
2 Additional Working Capital
3.50 Cr
3
3 General Corporate Expenses
0.30 Cr
4
4 To meet the expenses of the Issue
0.55 Cr
Lead Managers & Market Maker
Book Running Lead Managers
First Overseas Capital Ltd.
Market Maker
NNM Securities Pvt.Ltd.
IPO Timeline
Open
22 Feb
✓ Done
Close
25 Feb
✓ Done
Allotment
02 Mar
✓ Done
Listing
05 Mar
✓ Done
Registrar Details
Kfin Technologies Ltd.
SEBI Registered Registrar & Transfer Agent
Phone
04067162222, 04079611000
Email
einward.ris@karvy.com
Company Contact
Email
compliance@partycruisersindia.com
Phone
91 22 49739352
Address
303/304/305, Simran Plaza, Khar 4th Road, Next to Regal Enclave Hotel, Khar (West), Mumbai, Maharashtra, 400052
Grey Market Premium
LIVE
Current GMP
+₹0
+0% vs Issue Price
Issue Price
₹51
Est. Listing
₹51
Lot Size
2,000 shares
P&L / Lot
+₹0
GMP is unofficial grey market data. Does not guarantee listing price or returns.
GMP Return Calculator
Estimated Listing
GMP %
Investment (1 Lot)
Total Investment
Expected P&L
ROI
Party Cruisers Ltd. LIVE
INR ·
vs Issue
Open
High
Low
Mkt Cap
P/E
52W H
52W L
Vol
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Yld
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| Price
Market Reference
IPO Issue Price
₹51
GMP
+₹0 (+0%)
GMP Est. Listing
₹51
Previous Close
Exchange
Data from Yahoo Finance. May be delayed 15–20 min. GMP is unofficial. Not investment advice.
Category-wise Subscription
Category Sub (×) Offered Bid For Amt (Cr)*
NII / HNI (Total) 7,22,000 (47.50%) ₹368.22 Cr
Retail Investors 7,22,000 (47.50%) ₹368.22 Cr
Total ** 15,20,000 (100.00%) ₹7,752.00 Cr
Market Maker * 76,000 (5.00%) ₹3.88 Cr
* Based on ₹51.00 (upper price band)
NII / HNI Breakdown
Shares Reserved
NII
7,22,000 (47.50%)
Retail
7,22,000 (47.50%)
Market Maker
76,000 (5.00%)
* Shares Offered and Total Amount are indicative. ** Excluding Market Maker portion. Data sourced from exchange bidding platform.
Financial Summary
Amount in Lakhs
Metric30-Sep-2031-Mar-2031-Mar-19
Revenue171.491588.581888.17
PAT14.84130.15193.47
EBITDA
Net Worth
Total Assets1169.441227.701194.35
Reserves
Borrowings
About Party Cruisers Ltd.

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 strengths

  • Established brand name and strong franchisee model.
  • Well-established relationship with suppliers.
  • Strong in-house designing capabilities.
  • Range of services including wedding and event management.
  • Diversified revenue base.
  • Experienced team of promoters.
Frequently Asked Questions
What is the issue price of Party Cruisers Ltd. IPO?
The issue price of Party Cruisers Ltd. IPO is ₹51 per share, face value ₹10.
What is the lot size?
Minimum lot size is 2,000 shares, requiring ₹102,000.
What are the IPO dates?
Opens 22 Feb 2021, closes 25 Feb 2021.
When is the listing date?
Tentative listing: 05 Mar 2021 on NSE SME.
What is the current GMP?
Current GMP is +₹0, estimated listing ₹51 (+0%). GMP is unofficial.
How to apply?
Apply via ASBA through your bank, or via UPI through any broker app.

Check Allotment Status

Party Cruisers Ltd. IPO · Expected 02 Mar 2021

Check on Registrar
Post-IPO Timeline
Allotment Date
02 Mar 2021
Refund Initiation
03 Mar 2021
Demat Credit
04 Mar 2021
Listing Date
05 Mar 2021
Live Price LIVE
Quick Facts
Closed
GMP Signal
Bullish
+₹0
+0%
Issue Price
₹51
Face ₹10
Lot Size
2,000
shares / lot
Min Amount
₹102,000
1 lot
Est. Listing
₹51
GMP +₹0
Key Dates
Open
22 Feb Done
Close
25 Feb Done
Listing
05 Mar Done
Registrar
Kfin Technologies Ltd.
A
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