IPO Issue Details
Issue Price / Price Band₹186 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size600 Shares per Lot
Total Issue Size6,30,000 shares (aggregating up to ₹11.72 Cr)
Issue TypeFixed Price IPO
Sale Type / CategoryFresh Capital
Exchange / PlatformBSE SME
IPO TypeSME
Subscription OpenMon, 27 Jun 2022
Subscription CloseWed, 29 Jun 2022
Anchor AllotmentSun, 26 Jun 2022
Basis of AllotmentMon, 04 Jul 2022
Initiation of RefundsTue, 05 Jul 2022
Credit of Shares to DematTue, 05 Jul 2022
Listing DateThu, 07 Jul 2022
UPI Mandate Deadline2022-06-29
Application & Investment Details
Retail — Min (1 Lots)₹1,11,600 — 600 shares
Retail — Max (13 Lots)₹1,450,800 (13 Lots)
HNI — Min (2 Lots)₹2,23,200 — 1,200 shares
P/E Ratio (Pre-IPO)53.6x
Net Offer to Public5,94,000 shares (aggregating up to ₹11.05 Cr
Reserved for Market Maker36,000 shares (aggregating up to ₹0.6696 Cr)
Pre-IPO Promoter Holding17,37,500 shares
Post-IPO Promoter Holding23,67,500 shares
About Pearl Green Clubs & Resorts Ltd.
Pearl Green Clubs and Resorts Limited is engaged in the business of agricultural and allied activities. Pearl Green Clubs and Resorts trades Agricultural Products such as Wheat Corn, Rice, Seeds Cotton, Gram, Pulses, Cereals Peas etc. The company has proposed to open a resort in the name of Pearl Green Clubs and Resort in Gandhinagar, Gujarat.Competitive Strengths:Quality Products.Cordial Relationship with Customers.Ability to Control Cost.Strong presence in Agricultural Commodities Trading Segment.
Objects of the Issue
Pearl Green Clubs & Resorts Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
1
1. To meet out the Capital Expenditure requirements of the Company.
2
2. To meet out the General Corporate Purposes.
3
3. To meet out the Issue Expenses.
Shareholding & Lock-in
Pre-IPO Promoter Holding
17,37,500 shares
Post-IPO Promoter Holding
23,67,500 shares