Juniper Hotels Limited IPO
Juniper Hotels Limited IPO bidding starts from February 21, 2024 and ends on February 23, 2024. The allotment for the Juniper Hotels Limited IPO is expected to be finalized on February 26, 2024. Juniper Hotels Limited IPO will list on BSE, NSE with tentative listing date fixed as February 28, 2024. Juniper Hotels Limited IPO price band is set at ₹342 to ₹360 per share. The minimum lot size for an application is 40 Shares. The minimum amount of investment required by retail investors is ₹14,400.
Important Dates:-
Particulars | Value |
---|---|
Open Date:- | February 21, 2024 |
Close Date:- | February 23, 2024 |
Allotment Date:- | February 26, 2024 |
Listing Date:- | February 28, 2024 |
About Juniper Hotels Limited :-
Established in September 1985, Juniper Hotels Limited stands as a prominent luxury hotel development and ownership entity. By September 30, 2023, the company had expanded its portfolio to encompass seven hotels and serviced apartments, boasting a cumulative room count of 1,836.
Distinguished across Mumbai, Delhi, Ahmedabad, Lucknow, Raipur, and Hampi, Juniper Hotels' establishments epitomize luxury, upper upscale, and upscale accommodations. Among its notable properties, Grand Hyatt Mumbai Hotel and Residences reigns as India's largest luxury hotel. Similarly, Hyatt Regency Lucknow and Hyatt Regency Ahmedabad hold the title of the largest upper upscale hotels in their respective locales. Additionally, Hyatt Raipur stands as the sole upper upscale hotel in Raipur.
Saraf Hotels Ltd and Two Seas Holdings Ltd, an affiliate of Hyatt Hotels Corporation, jointly own Juniper Hotels, fostering a strategic alliance between a local hotel developer and an internationally renowned hospitality giant.
The company's exceptional performance has garnered accolades, including the "Best Luxury Business Hotel in Delhi" award at the 2022 Today's Traveller Awards for Andaz Delhi, and the "Best 5 Star Hotel in Gujarat" recognition at the 2022 Gujarat Tourism Awards for Hyatt Regency Ahmedabad.
Reflecting its robust growth trajectory, Juniper Hotels witnessed a substantial revenue surge from ₹1,663.51 million in Fiscal 2021 to ₹3,086.89 million in Fiscal 2022, further escalating to ₹6,668.54 million in Fiscal 2023.
As of September 30, 2023, Grand Hyatt Mumbai housed 116 serviced apartments, while Hyatt Delhi accommodated 129 serviced apartments.
With a workforce of 1,631 permanent employees within Juniper Hotels and an additional 362 within the CHPL Group, the combined entity employed a total of 1,993 individuals as of September 30, 2023.
Contact Details :-
Address:- Juniper Hotels Limited Off Western Express Highway Santacruz East, Mumbai 400 055,
Phone:- + 91 22 6676 1000
E-mail:- complianceofficer@juniperhotels.com
Website:- http://www.juniperhotels.com/
IPO Details :-
Particulars | Value |
---|---|
IPO Type:- | Mainline |
Price:- | ₹342 to ₹360 |
Lot Size:- | 40 |
Minimum Amount for 1 Lot:- | ₹14,400 |
Listing At:- | BSE, NSE |
Total issue of Shares:- | 5,00,00,000 |
Total issue Size:- | ₹1,800 Crore |
Fresh issue of Shares:- | 5,00,00,000 |
Fresh issue Size:- | ₹1,800 Crore |
Face Value:- | ₹10 per Equity Share |
Retail Quota:- | 10% |
QIB Quota:- | 75% |
NII Quota:- | 15% |
Financial Information :-
Amount in ₹ Crore
Period Ended | 30 Sep 2023 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
---|---|---|---|---|
Assets | 3,837.83 | 3,020.27 | 3,069.86 | 3,055.54 |
Revenue | 337.43 | 717.29 | 343.76 | 192.85 |
Profit After Tax | -26.50 | -1.50 | -188.03 | -199.49 |
Net Worth | 859.67 | 354.51 | 356.37 | 543.90 |
Reserves and Surplus | 687.17 | 210.81 | 212.67 | 400.20 |
Total Borrowing | 2,252.75 | 2,045.61 | 2,121.81 | 1,830.48 |
Key Performance Indicator :-
Particulars | Value |
---|---|
RoNW:- | -0.42% |
IPO Registrar :-
Name:- Kfin Technologies Limited
Website:- https://kosmic.kfintech.com/ipostatus/
IPO Prospectus :-
Particulars | Link |
---|---|
Juniper Hotels Limited IPO DHRP:- | Click Here |
Juniper Hotels Limited IPO RHP:- | Click Here |
GMP :-
GMP Date | GMP | Estimated Listing Price | Estimated Listing Gain |
---|---|---|---|
19-02-2024 | ₹10 | ₹370 | 2.78% |
20-02-2024 | ₹8 | ₹368 | 2.22% |
21-02-2024 | ₹5 | ₹365 | 1.39% |
22-02-2024 | ₹3 | ₹363 | 0.83% |
23-02-2024 | ₹2 | ₹362 | 0.56% |
24-02-2024 | ₹0 | ₹360 | 0% |
25-02-2024 | ₹0 | ₹360 | 0% |
26-02-2024 | ₹0 | ₹360 | 0% |
27-02-2024 | ₹0 | ₹360 | 0% |
28-02-2024 | ₹0 | ₹360 | 0% |
Subscription Details :-
Date | QIB | NII | Retail | Total |
---|---|---|---|---|
February 21, 2024 | 0.00 | 0.07 | 0.57 | 0.12 |
February 22, 2024 | 0.06 | 0.15 | 0.93 | 0.24 |
February 23, 2024 | 3.11 | 0.89 | 1.31 | 2.18 |
Allotment Status:-
Particulars | Link |
---|---|
Check Allotment Status (available on February 26, 2024) | Click Here |
Listing Details :-
Particulars | Value |
---|---|
Listing Date:- | February 28, 2024 |
BSE Script Code:- | 544129 |
NSE Symbol :- | JUNIPER |
ISIN:- | INE696F01016 |
Final Issue Price:- | ₹360.00 |
Open:- | ₹365.00 |
Low:- | ₹365.00 |
High:- | ₹401.50 |
Close:- | ₹401.50 |
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