Palm Jewels Ltd - Prospectus Synopsis

Palm Jewels Ltd RHP

Registered Office : G F-37 Super Mall Nr Diamond , CO Hsg Soc Ltd Nr Lal Bunglow , Ahmedabad - 380009 , Gujarat , India.

Phone : 91-79-40052056  Fax :

Email : compliance.pjl@gmail.com    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 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-2018 04-Jun-2018 Rs 30 - 0 Rs 0 - 0
Minimum Application for shares in Nos : 4000 Further Multiples of : 4000
  Rs Cr Lead Managers to the Issue
Project Cost 8.9 First Overseas Capital Ltd
Project Financed through Current Offer 8.9  
Post Issue Equity Share Capital 7.38  
Issue Price Rs. 30  
Projects
Working Capital Requirements
Promoted By Listing At Registrar to the Issue
Chetna R Shah
Rohit D Shah
BSE - SME KFin Techologies Pvt Ltd
 

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