Pearl Green Clubs and Resorts Ltd. has announced public offering of 630000 shares at a price of Rs 10.00 each for Cash at a Premium of Rs 176.00 per share. The gross proceeds of the issue are expected to be Rs 1,171.80 lakhs.

The company's initial public offer (IPO) will open on 27 June 2022 and is expected to close on 29 June 2022, subject to customary closing conditions.

The IPO includes a fresh Issue of 630000 Equity Shares of the Company at an price of Rs 186.00 per Equity Share. The company has fixed the minimum bid lot for the issue at 600 shares with bids in multiples of 600.

Pearl Green Clubs and Resorts Ltd. anticipates using the proceeds of the issue for

To meet out the Capital Expenditure requirements of the Company

To meet out the General Corporate Purposes

To meet out the Issue Expenses.

Fast Track Finsec Private Limited as lead manager & CAMEO CORPORATE SERVICES LTD. is the registrar, to the issue.