Palm Jewels Ltd

- First Overseas Capital Ltd

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

    • Opens On25 May 2018
    • Closes On04 Jun 2018
  • Money Payable On

    • Application30
    • Allotment0
  • Project Cost (Cr.)8.9
  • Post Issue Equity Share Capital (Cr.)7.38
  • Issue Price (D)30

Further Multiples of: 4000


  • Promoted By
    • Listing At - BSE - SME
    • Registrar to the Issue - KFin Techologies Ltd

    G F-37 Super Mall Nr Diamond CO Hsg Soc Ltd Nr Lal Bunglow Ahmedabad

    Gujarat- 380009

    Phone - 91-79-40052056

    Fax -

    Email -

    Website -