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

Vijay Prajapati
February 22, 2021

Vijay Prajapati

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 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	15.36	13.29	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: [email protected]
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: [email protected]
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)

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