Juniper Hotels Ltd
Price Range
₹342 - ₹360
Min. Quantity
40
Closes on
23 February 2024
Min. investment
₹14,400/520 Shares
Juniper Hotels Ltd IPO Timeline
Juniper Hotels Ltd was incorporated as 'Seajuli Finance Private Limited' on September 16, 1985, as a Private Limited Company granted by the Registrar of Companies, West Bengal at Kolkata. Thereafter, through the resolutions passed by the Board and Shareholders of the Company in 1995, the name of Company was changed from 'Seajuli Property & Viniyog Private Limited' to 'Juniper Hotels Private Limited' vide fresh Certificate of Incorporation on December 23, 2003. Further, on conversion of the Company from a Private Company to a Public Company, the name as a result, changed to 'Juniper Hotels Limited', and a fresh Certificate of Incorporation dated August 28, 2023 was issued by the RoC.
| Event | Date |
|---|---|
| Juniper Hotels Ltd IPO Opening Date | 21 February 2024 |
| Juniper Hotels Ltd IPO Closing Date | 23 February 2024 |
| Basis of Allotment | 26 February 2024 |
| Initiation of Refunds | 27 February 2024 |
| Credit of Shares to Demat | 27 February 2024 |
| Juniper Hotels Ltd IPO Listing Date | 28 February 2024 |
Juniper Hotels Ltd IPO Details
| Juniper Hotels Ltd IPO Date | 21 February 2024 to 23 February 2024 |
| Juniper Hotels Ltd IPO Face Value | ₹10 per share |
| Juniper Hotels Ltd IPO Price | ₹342 to ₹360 per share |
| Juniper Hotels Ltd IPO Lot Size | 40 |
| Issue Size | Shares of ₹10 (aggregating up to ₹1,800 Cr) |
| Fresh Issue | Shares of ₹10 (aggregating up to ₹1800 Cr) |
| Offer for Sale | - |
| Issue Type | (Book Built Portion) |
| Listing At | BSE, NSE |
| QIB Shares Offered | Not more than 1,57,89,474 of the Net Offer |
| Retail Shares Offered | Not less than 52,63,157 of the Net Offer |
| NII (HNI) Shares Offered | Not less than 78,94,736 of the Net Offer |
| Company Promoters | Arun Kumar Saraf, Saraf Hotels Ltd, Two Seas Holdings Ltd |
Juniper Hotels Ltd IPO Lot Size
The Juniper Hotels Ltd IPO lot size is 40 shares. A retail-individual investor can apply for up to 13 lots (520 shares or ₹1,87,200).
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Minimum | 1 | 40 | ₹14,400 |
| Maximum | 13 | 520 | ₹1,87,200 |
- Strengths
- Risks
- Opportunities
- Expertise in site selection and identifying opportunities to develop its hotels;
- Unique partnership between asset owner and operator brand backed by strong parentage;
- Robust asset management capabilities with a focus on enhancing operating efficiency and profitability;
- Increasing returns by having multiple revenue streams and complementary offerings;
- Well positioned to benefit from industry trends;
- Experienced and qualified board and management team.
Company Financials
Juniper Hotels Ltd Financial Information (Restated)
| Period Ended | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 03-2024 | 4,018.87 | 760.51 | 9.08 |
| 03-2023 | 2,994.05 | 717.34 | -1.59 |
| 03-2022 | 3,043.59 | 343.8 | -188.16 |
| Amount in ₹ Crore | |||
Objects of the Issue
The company proposes to utilise the Net Proceeds from the Fresh Issue towards funding the following objects:
- Repayment/prepayment/redemption in full or in part of certain outstanding borrowings availed by the company and subsidiary namely CHPL & CHHPL
- General corporate purposes
Juniper Hotels Ltd IPO Promoter Holding
| Pre Issue Share Holding | - |
| Post Issue Share Holding | - |
Juniper Hotels Ltd IPO Subscription Status (Bidding Detail)
The Juniper Hotels Ltd IPO is subscribed 0.11 times on 23 February 2024 05:00:00 PM. The public issue subscribed 0.52 times in the retail category, 0 times in the QIB category, and 0.06 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | QIB | NII | Retail | Employee | Total |
| Subscription (times) | - | 0.06 | 0.52 | - | 0.11 |
Juniper Hotels Ltd IPO Prospectus
Juniper Hotels Ltd IPO Listing Date
| Listing Date | 28 February 2024 |
| BSE Script | 544129 |
| NSE Symbol | JUNIPER |
| Listing In | BSE, NSE |
| ISIN | INE696F01016 |
| IPO Price | ₹360 |
| Face Value | ₹10 |
Company Contact Information
Off Western Express HighwaySantacruz East,Mumbai-400055
Phone: 91-22-6676 1000
Email: Complianceofficer@juniperhotels.com
Website: www.juniperhotels.com
Juniper Hotels Ltd IPO Registrar
Juniper Hotels Ltd IPO Lead Manager(s)
- JM Financial Ltd
- CLSA Indiaa Pvt Ltd
- ICICI Securities Ltd
FAQ
What is the issue size of Juniper Hotels Ltd IPO?
I have pre-applied for Juniper Hotels Ltd IPO. When will my order get placed?
In case of pre-apply, your IPO order will be placed on the Exchange as soon as the official bidding for TBI Corn Ltd IPO begins. You will receive a UPI request within 24 hours after the bidding period opens.