Party Cruisers Limited
Fixed Price IPO · NSE
- Price band
- ₹51-₹51
- Lot size
- 2,000 shares
- Issue amount
- ₹8 cr
- Total subscription
- 0×
- Opens
- 22 Feb 2021
- Closes
- 25 Feb 2021
- Allotment
- 2 Mar 2021
- Listing
- 5 Mar 2021
Offer at a glance
Issue overview
- Issue size
- 15,20,000 shares
- Face value
- ₹10 per share
- Minimum investment
- ₹1,02,000
- Fresh issue
- ₹0 cr
- Offer for sale
- ₹0 cr
- Registrar
- Kfin Technologies Limited
- Listing exchange
- NSE
- Maximum investment
- ₹1,02,000
- Issue type
- Fixed Price IPO
- Shares before issue
- 40,80,000
- Shares after issue
- 56,00,000
Lot sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| RETAIL | 1 | 2,000 | ₹1,02,000 |
| HNI | 2 | 4,000 | ₹2,04,000 |
Share reservation
Subscription & GMP
Subscription by category
Subscription figures are awaiting publication.
GMP history
Financial performance
Company financials
In Lakhs · Reported periods may include interim results.
Company information
Company profile
Incorporated in 1994, Party Cruisers Limited specializes in wedding and event management, offering end-to-end services from pre-wedding planning to post-event wrap-up. The company handles all aspects including in-house designing, destination wedding decor, venue booking, staffing, entertainment, and post-event reporting, ensuring a luxurious and aesthetic experience. It operates under multiple brands: "Vivaah" and "Vows-Away and Beyond" for wedding services, "Event Factory" for event management, and "Live Space" for venue construction, design, and consulting. Approximately 75% of its revenue comes from wedding management, with the remainder from general event management activities.
Strengths
- Established Brand: Strong brand name with a robust franchise model.
- Supplier Relationships: Well-established ties with key suppliers.
- In-House Design: Strong capabilities in creative and event design.
- Comprehensive Services: Offers wedding and event management solutions.
- Diversified Revenue: Generates income from multiple sources.
- Experienced Leadership: Promoters supported by a skilled management team.
Promoters
Mr. Zuzer Hatim Lucknowala
Mrs. Rachana Zuzer Lucknowala
Registrar & documents
Lead manager
First Overseas Capital Limited
Registrar & contacts
Kfin Technologies Limited
[email protected]Official registrar portal ↗IPO allotment status guide →Registered office
303/304/305, Simran Plaza, Khar 4th Road, Next to Regal Enclave Hotel, Khar (West), Mumbai - 400 052
91 22 49739352
[email protected]Company website ↗Understanding PARTYCRUS IPO data
Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.