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Palm Jewels Limited IPO
BSE SMERs 1,20,000 / 4000 Shares
Palm Jewels Limited IPO Details
The Palm Jewels Limited IPO price band is set between Rs 30 Per Equity Share, with a face value of Rs 10 per share. The issue is managed by Karvy Computershare Private Limited, and the equity shares are proposed to be listed on the BSE SME.
The IPO date for subscription opens on 25 May, 2018 and closes on 4 Jun, 2018. Investors can check the allotment status on 8 Jun, 2018, while the listing date is tentatively scheduled for 12 Jun, 2018.
The total issue size is 29,68,000 Equity Shares of Rs 10/- each at a price of Rs 30/- per share aggregating to 8.9 Cr, aggregating up to . Stay tuned for the latest Palm Jewels Limited IPO review and GMP updates.
Palm Jewels Limited IPO Review, Rating & Analysis
Palm Jewels Limited IPO Review
NO REVIEWPalm Jewels Limited IPO Rating
Palm Jewels Limited IPO Highlights
IPO Date
May 25, 2018 - Jun 4, 2018
Listing Date
12 Jun, 2018
Face Value
Rs 10 Per Equity Share
Price Band
Rs 30 Per Equity Share
Lot Size
-
Fresh Issue
Shares
Offer for Sale
-
Listing At
BSE SME
Palm Jewels Limited IPO Lot Size
The minimum market lot for Palm Jewels Limited IPO is 4000 shares with an application amount of ₹1,20,000. Retail investors can apply for up to 1 lots. The table below details the minimum and maximum investment limits for Retail and HNI investors.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 4000 | ₹1,20,000 |
| Retail (Max) | 1 | 4000 | ₹1,20,000 |
| S-HNI (Min) | 2 | 8000 | ₹2,40,000 |
| S-HNI (Max) | 8 | 32000 | ₹9,60,000 |
| B-HNI (Min) | 9 | 36000 | ₹10,80,000 |
Palm Jewels Limited IPO Timeline
Issue Price
Rs 30 Per Equity ShareFace Value
Rs 10 Per Equity ShareListing at Group
BSE SMERegistrar
Karvy Computershare Private LimitedLead Manager
First Overseas Capital LimitedIssue Size
29,68,000 Equity Shares of Rs 10/- each at a price of Rs 30/- per share aggregating to 8.9 CrPromoters & Share Holding
Promoter(s) Name
- Mr. Rohit D. Shah
- Mrs. Chetna R. Shah
| Share Holding Pre Issue | Share Holding Post Issue |
|---|---|
| N/A | N/A |
About Company
Palm Jewels Limited IPO Subscription Details
| As on | QIB/NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 14,08,000 | 14,08,000 | 28,16,000 |
Day 1 -25-05-18 | 84,000 0.06 x | 0 x | 84,000 0.03 x |
Day 2 -28-05-18 | 3,72,000 0.26 x | 16,000 0.01 x | 3,88,000 0.14 x |
Day 3 -29-05-18 | 3,72,000 0.26 x | 36,000 0.03 x | 4,08,000 0.14 x |
Day 4 -30-05-18 | 5,08,000 0.36 x | 48,000 0.03 x | 5,56,000 0.20 x |
Day 5 -31-05-18 | 5,08,000 0.36 x | 7,20,000 0.51 x | 12,28,000 0.44 x |
Day 6 -01-06-18 | 8,48,000 0.60 x | 11,80,000 0.84 x | 20,28,000 0.72 x |
Day 7 -04-06-18 | 11,52,000 0.82 x | 21,12,000 1.50 x | 32,64,000 1.16 x |
Frequently Asked Questions about Palm Jewels Limited IPO IPO
When will Palm Jewels Limited IPO open for subscription?
The Palm Jewels Limited IPO opens on 25 May, 2018 and closes on 4 Jun, 2018.
What is the investors portion for Palm Jewels Limited IPO?
The investors' portion for QIB is , NII is N/A, and Retail is 1408000.
How to apply for Palm Jewels Limited IPO?
You can apply for Palm Jewels Limited IPO via ASBA online through your bank account. You can also apply via UPI through stock brokers like Zerodha, Upstox, or Paytm Money.
What is the issue size of Palm Jewels Limited IPO?
The issue size of Palm Jewels Limited IPO is approx ₹29,68,000 Equity Shares of Rs 10/- each at a price of Rs 30/- per share aggregating to 8.9 Cr crores.
What is the price band of Palm Jewels Limited IPO?
The price band for Palm Jewels Limited IPO is Rs 30 Per Equity Share to ₹undefined.
What is the lot size of Palm Jewels Limited IPO?
The minimum bid (lot size) for Palm Jewels Limited IPO is 4000 shares with an investment of approx Rs 1,20,000 .
What is the allotment date of Palm Jewels Limited IPO?
The allotment date for Palm Jewels Limited IPO is 8 Jun, 2018.
What is the listing date of Palm Jewels Limited IPO?
The listing date for Palm Jewels Limited IPO is expected to be 12 Jun, 2018.
What is the GMP of Palm Jewels Limited IPO?
The latest Grey Market Premium (GMP) for Palm Jewels Limited IPO is being updated regularly on IPOROCK.
Parth D.
Founder & Lead Analyst
Parth D. is a software engineer and financial analyst who brings a quantitative edge to IPO tracking. With deep expertise in algorithmic trading and financial tool development, he builds the technology that powers IPORock's real-time data engines. He has been tracking the Indian market since 2018.