73  Total SME IPOs listed in 2025

3,196.85 Crs.  Total funds raised in 2025

49  SME IPOs listed with Gain in 2025

24  SME IPOs listed with loss in 2025

73  Total SME IPOs listed in 2025

3196.85 Crs.  Total funds raised in 2025

49  SME IPOs listed with Gain in 2025

24  SME IPOs listed with loss in 2025

73  Total SME IPOs listed in 2025

3196.85 Crs.  Total funds raised in 2025

49  SME IPOs listed with Gain in 2025

24  SME IPOs listed with loss in 2025

73  Total SME IPOs listed in 2025

3196.85 Crs.  Total funds raised in 2025

49  SME IPOs listed with Gain in 2025

24  SME IPOs listed with loss in 2025

Palm Jewels IPO (Palm Jewels Limited IPO) Detail

Palm Jewels Limited is an Jewellery based company, located in Ahmedabad, Palm Jewels Limited IPO size was 8.90 Cr. and was issued at 30.00 per share. The share of Palm Jewels Limited were listed at 35.85 per share and are currently trading at 27.27 per share.

Type :
Sub Sector : Wholesale Business Of Gold Jewellery
SME IPO
BSE SME

Financial Summary (at the time of ipo, on annualised basis)

Revenue :
21.55 Cr.

PAT :
0.48 Cr.

Pricing Report

Issue Price :
30.00

Listing Price :
35.85

Current Market Price :
27.27

Issue Price vs CMP :
2.73 (9.10%)

listing Price vs CMP :
8.58 (23.93%)

Performance Report (CAGR* wise)

CAGR : -1.35
-ve 0 6 9 12+
Below Average

*CAGR is calculated basis issue price at the time of IPO and Current Market Price without taking into Consideration Bonus/Right issue.

*Stock splits/Reverse Stock Split are adjusted in Issue price while calculating CAGR and current performance.

About Palm Jewels

Company Information
Plam Jewels is engaged in the wholesale business of gold jewellery. Their registered office and business of operation is based in Ahmedabad. They essentially sell gold based chains, bracelets and necklaces. They outsource the manufacturing of their jewellery through job workers based in Ahmedabad and Mumbai. The major raw material used for making their products is gold & silver. They procure gold & silver majorly through the bullion market and partially from the local markets in Ahmedabad. Gold bars and other necessary material are provided to the job workers who are based either in Ahmedabad and Mumbai. However, no formal agreement has been executed with either of these job workers. The finished jewellery is sold by their marketing and sales team directly to other jewellery
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Object of Issue
  • To meet the working capital requirement
  • To meet the expenses of the Issue

Palm Jewels SME IPO Details (at the time of IPO)

IPO Type :
Fixed Price
IPO Date :
Jun, 2018
IPO Size :
8.90 Cr.
IPO Subscription :
1.16 X     
PE Multiple :
46.00
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FAQs

Palm Jewels operates in Jewellery and Wholesale Business Of Gold Jewellery. The Issue is listed on BSE SME in Jun, 2018. Palm Jewels IPO size was 8.90 Cr. with Issue price of 30.00 .

Palm Jewels IPO subscription was 1.16 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.

Palm Jewels IPO listed at a listing price of 35.85 against the offer price of 30.00.

The current market price of Palm Jewels is 27.27.

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