
Consumer Discretionary · NSE
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.
Price Band
₹51
Issue Size
₹8.00 Cr
Lot Size
2000 shares
GMP
Est. Listing
₹51
at current GMP
Subscribed
—
Open
22 Feb 2021
Close
25 Feb 2021
Allotment
2 Mar 2021
Refund
3 Mar 2021
Demat Credit
4 Mar 2021
Listing
5 Mar 2021
Overall Subscription
0.00x
Total Demand
QIB Multiplier
0.00x
Institutions & Funds
NII / HNI
0.00x
High Net-Worth
Retail (RII)
0.00x
Individual Bidders
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| Qualified Institutional (QIB) | 784,314 | — | 0.00x |
| Non-Institutional (NII / HNI) | 235,294 | — | 0.00x |
| Retail Individual (RII) | 549,020 | — | 0.00x |
| Total | 1,568,628 | 0 | 0.00x |
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| Retail (RII) | 275 | 275 | 1.00x |
| HNIs (10L +) | 2 | 2 | 1.00x |
| HNIs (2-10L) | 8 | 8 | 1.00x |
| Total Applications | 285 | 285 | 1.00x |
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
Party Cruisers Limited is bringing an initial public offering (IPO) in the Consumer Discretionary sector with an aggregate issue size of ₹8 Crores. The shares are offered at a price band of ₹51 to ₹51 per equity share on NSE. Currently, grey market participants and retail investors are watching the bidding trend, premium movement, and anchor book demand with keen interest.
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 2000 shares (approx. ₹1,02,000 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.
Allotment reconciliation will be managed by Kfin Technologies Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2021-03-04, while un-allotted funds or UPI block mandates will be released on 2021-03-03.
Currently, Party Cruisers Limited IPO Grey Market Premium (GMP) is not actively quoted or is quoted flat at ₹0. The shares are expected to list close to the issue price band of ₹51 to ₹51 per equity share.
The retail lot size is 2000 shares requiring a minimum application amount of ₹1,02,000. Expected listing price is ₹51 per equity share.
The Party Cruisers Limited IPO aggregate issue size is ₹8 Crores with an equity price band set at ₹51 to ₹51 per equity share. The retail lot size is 2000 shares requiring a minimum capital outlay of approx. ₹1,02,000.
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 0.00x (Retail: 0.00x, QIB: 0.00x, NII: 0.00x). You can track live multiples directly on our dedicated subscription page.
The basis of allotment will be published on the official registrar portal (Kfin Technologies Limited) and the BSE status verification website on or around 2021-03-02. Investors can verify status using PAN card or application number.
Party Cruisers Limited shares are scheduled to list on NSE on 2021-03-05.