- Jungle Camps India is raising ₹29.42 crore through a fresh issue of shares.
- The IPO opens on December 10, 2024, and closes on December 12, 2024.
- The price band is ₹68 to ₹72 per share with a minimum investment of ₹115,200 for retail investors.
- The IPO will be listed on BSE SME on December 17, 2024.
Jungle Camps India Ltd, a hospitality company specializing in wildlife resorts and travel experiences, is launching its Initial Public Offering (IPO) to raise ₹29.42 crores. The IPO is a fresh issue of 40.86 lakh shares, with a price band set between ₹68 and ₹72 per share. The IPO opens for subscription on December 10, 2024, and closes on December 12, 2024. Investors can expect allotment details on December 13, 2024, with the shares listed on BSE SME on December 17, 2024.
Key Jungle Camps India IPO Details
| Details | Information |
|---|---|
| IPO Open Date | Tuesday, December 10, 2024 |
| IPO Close Date | Thursday, December 12, 2024 |
| Price Band | ₹68 to ₹72 per share |
| Lot Size | 1600 shares |
| Minimum Investment (Retail) | ₹115,200 (1 lot) |
| Minimum Investment (HNI) | ₹230,400 (2 lots) |
| Total Issue Size | 40,86,400 shares (₹29.42 Cr) |
| Fresh Issue | 40,86,400 shares (₹29.42 Cr) |
| Market Maker | Nikunj Stock Brokers |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE SME |
Tentative Jungle Camps India IPO Timeline:
| Event | Date & Day |
|---|---|
| IPO Opens | Tuesday, December 10, 2024 |
| IPO Closes | Thursday, December 12, 2024 |
| Basis of Allotment | Friday, December 13, 2024 |
| Refund Initiation | Monday, December 16, 2024 |
| Shares Credited to Demat | Monday, December 16, 2024 |
| Listing Date | Tuesday, December 17, 2024 |
| UPI Mandate Confirmation | By 5 PM on Thursday, December 12, 2024 |
Jungle Camps India Lot Size and Investment Details:
Investors can bid for a minimum of 1,600 shares. The table below highlights the investment details:
| Investor Category | Minimum Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1,600 | ₹115,200 |
| Retail (Max) | 1 | 1,600 | ₹115,200 |
| HNI (Min) | 2 | 3,200 | ₹230,400 |
Jungle Camps India IPO Reservation Breakdown:
- QIB Shares: Not more than 50% of the Net Issue
- Retail Shares: Not less than 35% of the Net Issue
- NII (HNI) Shares: Not less than 15% of the Net Issue
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About Jungle Camps India Ltd:
Incorporated in 2002, Jungle Camps India Ltd operates wildlife camps, resorts, and other hospitality services. The company focuses on conservation and operates four luxury resorts in prime wildlife locations. It also runs two highway venues, offering a variety of customized travel experiences.
Key Locations:
- Pench Jungle Camp – Pench National Park, Madhya Pradesh
- Rukhad Jungle Camp – Rukhad, Seoni District, Madhya Pradesh
- Tadoba Jungle Camp – Bhamdeli Village, Chandrapur District, Maharashtra
- Kanha Jungle Camp – Santapur Village, Balaghat District, Madhya Pradesh
- Bison Highway Retreat – Rukhad, District Seoni, Madhya Pradesh
- Midway Treat – Deur Kothar, District Rewa, Madhya Pradesh
The company is a recognized leader in hospitality, with a focus on sustainability and local employment.
Financial Highlights:
| Period Ended | 30 Jun 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| Assets (₹ Lakhs) | 2,956.68 | 2,943.39 | 1,840.50 | 1,892.07 |
| Revenue (₹ Lakhs) | 572.25 | 1,810.61 | 1,124.55 | 781.17 |
| Profit After Tax (₹ Lakhs) | 110.39 | 359.16 | 44.92 | 72.86 |
| Net Worth (₹ Lakhs) | 1,878.20 | 1,794.89 | 930.04 | 703.81 |
| Reserves & Surplus (₹ Lakhs) | 798.99 | 1,120.39 | 717.80 | 547.26 |
| Total Borrowing (₹ Lakhs) | 401.83 | 410.31 | 317.69 | 391.29 |
IPO Objectives:
The fresh issue proceeds will be used for:
- General corporate purposes.
- Capital expenditure for the development of Sanjay Dubri National Park, Madhya Pradesh.
- Renovation of Pench Jungle Camp at Pench National Park, Madhya Pradesh.
- Investment in Madhuvan Hospitality Private Limited for the Mathura Hotel Project.
Disclaimer: The information provided in this article is for informational purposes only and does not constitute financial advice or an endorsement of any IPO or investment opportunity. While we strive to ensure the accuracy of the details shared, the content is based on publicly available information, research, and reports from credible sources. Readers are advised to verify the details independently and consult with a financial advisor before making any investment decisions.Stay informed and exercise caution while making financial decisions.
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