IPO

Palm Jewels Limited IPO

BSE SME

Offer Date: May 25, 2018 - Jun 4, 2018

₹ 120000 /4000 Shares

IPO Details

25 May, 2018

Open Date

04 Jun, 2018

Close Date

08 Jun, 2018

Allotment Date

12 Jun, 2018

Listing Date

Issue Price

Rs 30 Per Equity Share 

Face Value

Rs 10 Per Equity Share 

Listing at Group

BSE SME

Registrar

Karvy Computershare Private Limited

Market Lot

4000 Shares (Rs 1,20,000/-)

Lead Manager

First Overseas Capital Limited

Issue Size

29,68,000 Equity Shares of Rs 10/- each at a price of Rs 30/- per share aggregating to 8.9 Cr

Retail Portion

N/A

Subscription

32,64,000 1.16 times

IPO Docs

No related IPO documents available.

IPO Subscription Details

As onQIB / NIIRetailTotal
Shares Offered / Reserved14,08,00014,08,00028,16,000
Day 1 - 25-05-1884,000 0.06 x0 x84,000 0.03 x
Day 2 - 28-05-183,72,000 0.26 x16,000 0.01 x3,88,000 0.14 x
Day 3 - 29-05-183,72,000 0.26 x36,000 0.03 x4,08,000 0.14 x
Day 4 - 30-05-185,08,000 0.36 x48,000 0.03 x5,56,000 0.20 x
Day 5 - 31-05-185,08,000 0.36 x7,20,000 0.51 x12,28,000 0.44 x
Day 6 - 01-06-188,48,000 0.60 x11,80,000 0.84 x20,28,000 0.72 x
Day 7 - 04-06-1811,52,000 0.82 x21,12,000 1.50 x32,64,000 1.16 x

Valuations

Earnings Per Share (EPS)

Rs 0.03

P/E Ratio

1438

RoNW

4.54%

Net Asset Value (NAV) ( Post Issue )

Rs 19.02

Company Financials All values are in ₹ Cr.

- Promoter(s)


Company Promoter(s)

  1. Mr. Rohit D. Shah
  2. Mrs. Chetna R. Shah

IPO - Issue Objectives

  1. To meet working capital requirement
  2. To meet the expenses of the Issue

IPO - FAQs

Ans. Palm Jewels Limited IPO is a SME IPO. The issue is priced at Rs 30 Per Equity Share . The minimum order quantity is 4000 Shares. The IPO opens on May 25, 2018, and closes on Jun 4, 2018. Karvy Computershare Private Limited is the registrar for the IPO. The shares are proposed to be listed on BSE SME.

Ans. The Palm Jewels Limited IPO opens on May 25, 2018 and closes on Jun 4, 2018.

Ans. The size of Palm Jewels Limited IPO is 29,68,000 Equity Shares of Rs 10/- each at a price of Rs 30/- per share aggregating to 8.9 Cr.

Ans. The IPO price band is set between Rs 30 Per Equity Share .

Ans. To apply for Palm Jewels Limited IPO IPO, follow the steps given below:

  • - Open the IPO Ji App or Website
  • - Find Palm Jewels Limited IPO in the List of IPOs
  • - Press "Apply" Button
  • - Select Your Demat Account
  • - Select Your Shares Quantity and Submit
  • - Track Your IPO Status

Ans. The share allotment date of Palm Jewels Limited IPO is Jun 8, 2018.

Ans. The Palm Jewels Limited IPO will be listed on Jun 12, 2018.

Ans. Follow the steps to check the allotment status for Palm Jewels Limited IPO here.