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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.
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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 ofRs. 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 Rs 30.00-0.00 Rs 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 Rs.30.00  
 
Projects
Working Capital Requirements
Promoted By
Listing At
Registrar to the Issue
 
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Source:Capital Market

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