IPO

IPO Synopsis

Pearl Green Clubs and Resorts Ltd
Initial public offer of 630000 equity shares of face value of Rs. 10 each ("Equity Shares") of Pearl Green Clubs and Resorts Limited ("Company" or "Issuer") for cash at a price of Rs. 186 per equity share (including a share premium of Rs. 176 per equity share) aggregating up to Rs. 11.72 crores ("Issue") of which 36000 equity shares of face value Rs. 10 each for cash at a price of Rs. 186 per equity share aggregating Rs. 0.67 crores will be reserved for subscription by the market maker to the issue (the "Market Maker Reservation Portion"). The issue less market maker reservation portion i.e. issue of 594000 equity shares of face value of Rs. 10 each for cash at a price of Rs. 186 per equity share, aggregating Rs. 11.05 crores is hereinafter refered to as the "Net Issue". The issue and the net issue will constitute 26.61% and 25.09%, 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. 186 is 18.6 times of the face value.
Issue
Opens On Closes On
27-Jun-22 29-Jun-22
Money Payable On
Application Allotment
186.00 0.00
Minimum Application for shares in Nos : 600 Further Multiples of : 600
Cr Lead Managers to the Issue
Project Cost (.Cr) 11.12 Fast Track Finsec Pvt Ltd
Project Financed through Current Offer (.Cr) 11.72  
Post Issue Equity Share Capital (.Cr) 2.37
Issue Price () 186.00
Projects
To Meet the Capital Expenditure Requirements
General Corporate Purposes (I)
Promoted By
Hemanthsingh Naharsingh Jhala
Rekhadevi Hemantsingh Jhala
Listing At
BSE - SME
Registrar to the Issue
Cameo Corporate Services Ltd