Party Cruisers has engaged in Wedding Management and Events Management services. It has two registered brands naming “Vivaah” and “Vows-Away and Beyond” to offer professional wedding services although event management facilities are provided under its own-brand “Event Factory” and through franchisee.
The company has a team of 30 employees which operate out of its Mumbai office. However, the company has adopted the franchise model to expand its business across the country. Wedding management currently contributes nearly 75% of the company’s revenues while Event Management accounts for the rest.
Company Promoters: Mr. Zuzer Hatim Lucknowala and Mrs. Rachana Zuzer Lucknowala are the promoters of the company.
Upcoming IPO: Heranba Industries IPO Details, Reviews, View
| Party Cruisers IPO details | |
| Subscription Dates | 22 – 25 February 2021 |
| Price Band | INR51 per share |
| Fresh issue | 1,520,000 shares (INR7.75 crore) |
| Offer For Sale | Nil |
| Total IPO size | 1,520,000 shares (INR7.75 crore) |
| Minimum bid (lot size) | 2,000 shares |
| Face Value | INR10 per share |
| Retail Allocation | 50% |
| Listing On | NSE Emerge SME platform |
Party Cruisers Limited Contact Details
303/304/305, Simran Plaza, Khar
4th Road, Next to Regal Enclave Hotel,
Khar (West), Mumbai – 400 052
Phone: +91 22 49739352
Email: [email protected]
Website: www.partycruisersindia.com
Registrar of Party Cruisers IPO
KFin Technologies Private Limited
303/304/305, Simran Plaza, Khar
Selenium Tower B, Plot 31-32,
Gachibowli, Nanakramguda,
Hyderabad – 500 032,
Telangana Phone: +91 40 6716 2222
Fax: +91 40 2343 1551
Email: [email protected]
Website: www.kfintech.com