Pearl Green Clubs and Resorts Limited

Company Name	Pearl Green Clubs and Resorts Limited
Open Date	27-06-2022
Close Date	29-06-2022
Exchange	BSE SME
Lot Size	600 Shares
Issue Price	₹ 186 per share
Issue Size	6,30,000 Equity Shares
Application Amount	₹ 1,11,000
Recommendation	Avoid

Incorporated in the year 2018, Pearl Green Clubs and Resorts Limited is engaged in the business of Agriculture and Allied activities. Company is currently engaged in trading of Agricultural products such as Wheat Corn, Rice, Seeds Cotton, Gram, Pulses, Cereals Peas etc. Company is proposing to enter in to the Tourism and Hospitality Sector. The Company proposes to open a resort in Gujarat in the name of Pearl Green Clubs and Resort.

(Read more on the review)

Summary of Financials (All financials in Lakh)

For the Period Ended	Dec-21	Mar-21	Mar-20
Total Assets	1,149.39	791.87	61.45
Net Assets	751.92	690.38	8.84
Total Borrowings	6.40	27.91	1.12
Total Revenue	447.41	375.74	56.97
Profit After Tax	61.54	6.54	3.91

Tentative Timeline

Opening Date	27-06-2022
Closing Date	29-06-2022
Basis of Allotment	04-07-2022
Initiation of Refunds	05-07-2022
Credit of Shares to Demat	05-07-2022
Listing Date	07-07-2022

Objects of the Issue

To meet out the Capital Expenditure requirements of the Company

To meet out the General Corporate Purposes

To meet out the Issue Expenses

Contact Information

Registered Office	Pearl Green Clubs and Resorts Limited UP GF-01, Krushna Complex, Near Choice, Navrangpura, Ahmedabad-380009
Phone	+91-8488086694
Email	cs@pgcrl.com
Website	http://www.pearlgreenclubsresort.com/index.php

Offer Documents

Pearl Green Clubs and Resorts Limited DRHP

Registrar Details

Name	Cameo Corporate Services Limited
Phone	+91-44-28460390
Email	cameo@cameoindia.com
Website	https://ipo.cameoindia.com/

Pre Issue Share Holding (Promoters)	99.88%
Post Issue Share Holding (Promoters)	73.31%