Jungle Camps India IPO
- IPO Date10 Dec, 2024 to 12 Dec, 2024
- Listing Date17 Dec, 2024
- Face Value₹10 per share
- Issue Price₹68 to ₹72 per share
- Lot Size1600 Shares
- Minimum Investment₹1,15,200
- Listing AtBSE SME
- Total Issue Size40,86,000 Shares
(aggregating up to ₹29.42 Cr) - Fresh Issue40,86,000 Shares
(aggregating up to ₹29.42 Cr)
- Offer for Sale-
- Issue TypeBook Built Issue IPO
- Share holding pre issue1,14,12,072
- Shareholding post issue1,54,98,072
IPO Dates
Closing Date
12 Dec, 2024
Initiation of Refunds
16 Dec, 2024
Listing Date
17 Dec, 2024
10 Dec, 2024
Opening Date
13 Dec, 2024
Basis of Allotment
16 Dec, 2024
Credit of Shares
Jungle Camps India Lot Size
Investors can bid for a minimum of 1600 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Max) | 1 | 1600 | ₹1,15,200 |
| Retail (Min) | 1 | 1600 | ₹1,15,200 |
| B-HNI (Min) | - | - | - |
| S-HNI (Max) | - | - | - |
| S-HNI (Min) | 2 | 3200 | ₹2,30,400 |
Jungle Camps India Promoter Holding
Mr. Gajendra Singh, Ms. Laxmi Rathore, Mr. Yashovardhan Rathore, Mr. Ranvijay Singh Rathore, and G S Rathore HUF are the Promoters of the company.
| Pre Issue Share Holding | Post Issue Share Holding |
|---|---|
| 94.57% | - |
Jungle Camps India COMPANY INFORMATION
Jungle Camps India IPO is a book built issue of Rs 29.42 crores. The issue is entirely a fresh issue of 40.86 lakh shares. Jungle Camps India IPO opens for subscription on December 10, 2024 and closes on December 12, 2024. The allotment for the Jungle Camps India IPO is expected to be finalized on Friday, December 13, 2024. Jungle Camps India IPO will list on BSE SME with tentative listing date fixed as Tuesday, December 17, 2024. Jungle Camps India IPO price band is set at ₹68 to ₹72 per share. The minimum lot size for an application is 1600 Shares. The minimum amount of investment required by retail investors is ₹115,200. The minimum lot size investment for HNI is 2 lots (3,200 shares) amounting to ₹230,400. Khambatta Securities Limited is the book running lead manager of the Jungle Camps India IPO, while Skyline Financial Services Private Ltd is the registrar for the issue. The market maker for Jungle Camps India IPO is Nikunj Stock Brokers.
Incorporated in 2002, Jungle Camps India operates wildlife camps and hotels, motels, inns, guest houses, holiday homes, health clubs, catering houses, and restaurants in India.
The company is a conservation-focused hospitality group that operates four award-winning boutique resorts in prime wildlife and tiger reserve national parks across central India. In addition to these resorts, the group manages a highway retreat and a restaurant and offers a variety of customized travel experiences.
The company owns and operates 87 rooms, including villas, cottages, deluxe rooms, and safari tents. Its amenities include banquet halls, meeting rooms, restaurants, bars, cafes, swimming pools, and spa facilities.
The Group owns and operates boutique luxury wilderness resorts at these four locations:
- Pench Jungle Camp, Pench National Park, Madhya Pradesh, and
- Rukhad Jungle Camp, Rukhad, Seoni District, Madhya Pradesh
- Tadoba Jungle Camp, Bhamdeli Village, Chandrapur District, Maharashtra
- Jungle Camp Kanha, Santapur Village, Balaghat District, Madhya Pradesh.
The Group operates two highway venues:
- Bison Highway Retreat - Rukhad, District Seoni, Madhya Pradesh (Motel and Restaurant).
- Midway Treat- Deur Kothar, District Rewa, Madhya Pradesh (Restaurant).
The company has a total of 162 employees.
Competitive Strengths:
- Experienced promoters and an experienced management team
- Robust processes and scalable model, supported by an experienced team
- Strategic locations
- Focus on the needs of guests
- Creation of local jobs
Jungle Camps India IPO
IPO Overview and Key Highlights
Jungle Camps India, a leader in eco-tourism and hospitality, is offering its Initial Public Offering (IPO) comprising a fresh issue of up to 40,86,400 equity shares at a face value of Rs 10 each. The IPO aims to raise funds for expanding operations, working capital needs, and corporate purposes. Shares will be listed on the BSE SME Platform.
Key IPO Details
- Type of Issue: 100% Book Built Issue
- Total Issue Size: 40,86,400 equity shares
- Face Value: Rs 10 per share
- Offer Opens: December 10, 2024
- Offer Closes: December 12, 2024
- Listing Exchange: BSE SME Platform
Company Overview
Incorporated in 2002, Jungle Camps India is a New Delhi-based company specializing in eco-tourism. It operates unique, sustainable resorts and campgrounds catering to nature enthusiasts. Promoters include Gajendra Singh, Laxmi Rathore, and others with significant experience in hospitality and tourism?.
Financial Overview
The company has demonstrated consistent growth, supported by a surge in demand for eco-tourism and unique travel experiences. IPO proceeds are expected to fuel capacity expansion, enhance branding, and support operational improvements.
Key Strengths of Jungle Camps India
- Eco-Tourism Focus: Capitalizing on the increasing demand for sustainable travel.
- Strategic Locations: Resorts and campgrounds located in high-demand tourist regions.
- Experienced Leadership: Promoters with deep expertise in hospitality and tourism.
IPO Pros and Cons
Pros
- Rising Market Demand: Eco-tourism is gaining traction globally and in India.
- Use of Proceeds: Funds will support growth and strengthen operational capabilities.
- Established Brand: Recognized for providing unique and eco-friendly travel experiences.
Cons
- Seasonal Business: Revenue heavily dependent on travel seasons.
- Market Sensitivity: Economic downturns could impact travel and hospitality demand.
- Regulatory Challenges: Subject to environmental and tourism policies.
Risk Factors
Potential investors should consider the following risks:
- Economic Sensitivity: Dependency on discretionary spending trends.
- Operational Risks: Managing expansion while maintaining service quality.
- Environmental Factors: Operations affected by adverse weather conditions and regulations.
Conclusion
The Jungle Camps India IPO offers a unique opportunity to invest in the growing eco-tourism sector. With its strong market position and focus on sustainability, the company is well-poised for growth. However, investors should weigh risks related to seasonality and market fluctuations before making a decision.
FAQs About Jungle Camps India Ipo
Jungle Camps India IPO will open on 10 Dec, 2024 and close on 12 Dec, 2024. Investors must apply within this period to participate.
The Jungle Camps India IPO price band is set between ₹68.00 and ₹72.00 per share. The minimum lot size is 1600, requiring an investment of at least ₹115200.00.
The Jungle Camps India IPO shares are expected to be listed on 17 Dec, 2024, subject to regulatory approvals and final allotment.
You can track your Jungle Camps India IPO application status on the registrar’s website: Link Intime or KFintech using your PAN, application number, or DP ID
The Jungle Camps India IPO will be listed on major stock exchanges such as BSE, where you can trade shares once they are listed.