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Palm Jewels Ltd
Registered Office:
G F-37 Super Mall Nr Diamond,C O Hou Soc Ltd Lal Bunglow,
Ahmedabad - 380001,
Gujarat, India.
Email :  NA
Website :  www.palmjewels.com
Public issue of 29,68,000 equity shares of face value of (Rs) 10/- each ("equity shares") of Palm Jewels Limited ("the company" or "the issuer") for cash at a price (Rs) 30/- per equity share (including a share premium of (Rs) 20/- per equity share) ("issue price") aggregating to (Rs) 8.90 Crores ("the issue"), of which 1,52,000 equity shares of face value of (Rs) 10/- each for a cash price of(Rs) 30/- per equity share, aggregating to (Rs)0.45 Crores will be reserved for subscription by market maker ("market maker reservation portion"). The issue less the market maker reservation portion i.e. Issue of 28,16,000 equity shares of face value of (Rs) 10/- each at an issue price of (Rs) 30 per equity share aggregating to (Rs) 8.45 Crores (is hereinafter referred to as the "net issue"). The issue and the net issue will constitute 40.20 % and 38.14 %, respectively of the post issue paid up equity share capital of the company. The face value of the equity shares is (Rs) 10/- each and the issue price of (Rs) 30/- i.e. 3.0 times of the face value.
Issue
Money Payable On
Opens On
Closes On
Application
Allotment
25-May-18
04-Jun-18
30.00-0.00
0.00-0.00
Minimum Application for shares in Nos : 4000   Further Multiples of : 4000
 
(Rs.Cr)
Lead Managers to the Issue
Project Cost
8.90
First Overseas Capital Ltd
Project Financed through Current Offer
8.90
 
Post Issue Equity Share Capital
7.38
 
Issue Price
30.00
 
Projects
Working Capital Requirements
Promoted By
Rohit D Shah
Chetna R Shah
Listing At
BSE - SME
Registrar to the Issue
Karvy Fintech Pvt Ltd
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