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Party Cruisers IPO is a Fixed Price IPO listing on NSE EMERGE exchange, with an ipo size of ₹ 7.75 Cr. The company is based in Mumbai and caters to Advertising And Media - Events sector. First Overseas Capital is the merchant banker of Party Cruisers IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 12th February 2021.
Party Cruisers IPO open date is 22nd February 2021 and close date is 25th February 2021. IPO Allotment Date is 2nd March 2021 and Listing date is 5th March 2021.
IPO
Size:
₹ 7.75 Cr.
Avg IPO Size (Sector Based)
: ₹
31.21 cr.
Sector: Advertising And Media - Events
SME
IPO so far:
6
Merchant Banker:
First Overseas
SME
IPO by BRLM so far:
51
City:
Mumbai
SME
IPO so far:
281
Revenue (annualised):
₹
3.42
cr. 
PE
Ratio:
94.00x
Average Sector PE Ratio: 18.76x
Party Cruisers IPO size is ₹ 7.75 Cr. with IPO price of ₹ 51.00. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
First Overseas Capital Limited is the book-running lead manager of the Party Cruisers IPO. Kfin Technologies Limited is the Registrar and Market Maker is NNM Securities Private Limited for Party Cruisers IPO.
Party Cruisers IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
Party Cruisers IPO, based in Mumbai, operates in the Advertising And Media - Events sector with a focus on Wedding and Events Management. The company is launching its SME IPO on the NSE EMERGE exchange, using the Fixed Price Issue method. Party Cruisers IPO size is ₹ 7.75 Cr. with fresh issue size of ₹ [●] and Offer for sale being ₹ 7.75Cr.
The IPO allotment date for Party Cruisers IPO is expected to be 2nd March 2021, after the finalization of basis of allotment. Investors can check Party Cruisers IPO allotment status on the registrars website, Kfin Technologies Limited . Party Cruisers IPO refund dates are 3rd March 2021.
Party Cruisers IPO is expected to be listed on 5th March 2021.
The upper price band for the Party Cruisers IPO is set at ₹ 51.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.
For IPO analysis on Party Cruisers IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.
To apply for the Party Cruisers IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 25th February 2021. After submission, funds are blocked until the basis of allotment of Party Cruisers IPO is finalised.
The merchant banker for Party Cruisers IPO is First Overseas Capital Limited . First Overseas Capital Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Party Cruisers IPO RHP for further details.
The registrar for Party Cruisers IPO is Kfin Technologies Limited . Investors can go to Kfin Technologies Limited registrar website for IPO allotment status, refund processing, and other queries related to Party Cruisers IPO through their official website or helpline.
Party Cruisers IPO was subscribed [●] times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
IPO
Size:
₹ 7.75 Cr.
Avg IPO Size (Sector Based)
:
₹ 31.21 Cr.
Sector: Advertising And Media - Events
SME
IPO so far:
6
Merchant Banker:
First Overseas
SME
IPO by BRLM so far:
51
City:
Mumbai
SME
IPO so far:
281
Revenue (annualised):
₹ 3.18 cr.
PE
Ratio:
94.00x
Average Sector PE Ratio: 18.76x
Party Cruisers IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Party Cruisers Financial Review Page
Merchant Banker(s) of Party Cruisers IPO: First Overseas Capital Limited
Party Cruisers IPO subscription was 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.
Party Cruisers IPO listed at a listing price of 54.00 against the offer price of 51.00.
The current market price of Party Cruisers is 85.10.
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