Naturewings Holidays Limited IPO
- IPO Date03 Sep, 2024 to 05 Sep, 2024
- Listing Date10 Sep, 2024
- Face Value₹10 per share
- Issue Price₹74 to ₹74 per share
- Lot Size1600 Shares
- Minimum Investment₹1,18,400
- Listing AtBSE SME
- Total Issue Size9,50,400 Shares
(aggregating up to ₹7.03 Cr) - Fresh Issue9,50,400 Shares
(aggregating up to ₹7.03 Cr)
- Offer for Sale-
- Issue TypeFixed Price Issue IPO
- Share holding pre issue22,10,000
- Shareholding post issue31,60,400
IPO Dates
Closing Date
05 Sep, 2024
Initiation of Refunds
09 Sep, 2024
Listing Date
10 Sep, 2024
03 Sep, 2024
Opening Date
06 Sep, 2024
Basis of Allotment
09 Sep, 2024
Credit of Shares
Naturewings Holidays Limited 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 (Min) | 1 | 1600 | ₹1,18,400 |
| Retail (Max) | 1 | 1600 | ₹1,18,400 |
| HNI (Min) | 2 | 3200 | ₹2,36,800 |
Naturewings Holidays Limited Promoter Holding
The promoters of the company are Sandip Raha and Mousumi Raha.
| Pre Issue Share Holding | Post Issue Share Holding |
|---|---|
| 95.8% | 67.53% |
Naturewings Holidays Limited COMPANY INFORMATION
Naturewings Holidays IPO is a fixed price issue of Rs 7.03 crores. The issue is entirely a fresh issue of 9.5 lakh shares. Naturewings Holidays IPO bidding opened for subscription on September 3, 2024 and will close on September 5, 2024. The allotment for the Naturewings Holidays IPO is expected to be finalized on Friday, September 6, 2024. Naturewings Holidays IPO will list on BSE SME with tentative listing date fixed as Tuesday, September 10, 2024. Naturewings Holidays IPO price is ₹74 per share. The minimum lot size for an application is 1600 Shares. The minimum amount of investment required by retail investors is ₹118,400. The minimum lot size investment for HNI is 2 lots (3,200 shares) amounting to ₹236,800. Fedex Securities Pvt Ltd is the book running lead manager of the Naturewings Holidays IPO, while Bigshare Services Pvt Ltd is the registrar for the issue. The market maker for Naturewings Holidays IPO is Pure Broking. Refer to Naturewings Holidays IPO RHP for detailed information.
Incorporated in December 2018, Naturewings Holidays Limited is a tour company that offers holiday packages for leisure travellers visiting the Himalayan ranges. The company mainly focuses on regions such as India, Nepal and Bhutan.
The company provides comprehensive travel solutions, including land and air bookings, hotel reservations, in-transit arrangements, local sightseeing, and destination management services. It caters to individuals and groups visiting Himalayan destinations and has recently launched an international division to extend its services to global destinations.
As of March 31, 2024, Naturewings Holidays has access to over 750 hotels in the Himalayan Ranges and various international destinations.
As of March 31, 2024, the company had served approximately 7,163 packages to over 33,065 travellers on a cumulative basis.
As of March 31, 2024, the company had more than 100 travel agents registered with them in most major cities in India. The company's network of travel agents has helped it expand its presence and distribution network in India.
The company launched its international packages in March 2022. Since then, it has served 54 holiday packages to the following destinations: Indonesia, Thailand, Egypt, Kenya, Sri Lanka, Vietnam, Singapore, and the Maldives.
As of March 31, 2024, the company has 51 department employees.
An Overview of Naturewings Holidays Limited IPO
Naturewings Holidays Limited, a company primarily focused on providing curated holiday packages in the Himalayan region, is planning to go public. The IPO is designed to support the company's expansion and improve its financial standing. With a specialized focus on the tourism sector, the company offers services that include end-to-end travel solutions like bookings, transit arrangements, and sightseeing.
Company Background
Founded in December 2018, Naturewings Holidays Limited has built its reputation on offering unique travel experiences, particularly in the Himalayan destinations across India, Nepal, and Bhutan. The company designs packages for both individual and group travelers, providing a full spectrum of travel services.
- Industry: Tourism and Travel Services
- Focus: Himalayan destinations (India, Nepal, Bhutan)
- Services: Complete travel packages, including land and air bookings, hotel reservations, and sightseeing.
Key Details of the IPO
- Issue Size: 9,50,400 Equity Shares at ?74 each, aggregating to ?703.30 Lakhs.
- Use of Proceeds: The funds will be used for working capital, marketing, and general corporate purposes.
- Listing: The shares are proposed to be listed on the BSE SME platform.
Pros of Investing in Naturewings Holidays Limited IPO
- Niche Market Focus: The company specializes in a specific and attractive market segment—Himalayan travel—which is growing in popularity among tourists.
- Experienced Promoters: The company is led by Sandip Raha and Mousumi Raha, who have substantial experience in the tourism industry.
- Growing Revenue: The company has shown significant revenue growth over the last three fiscal years, indicating a strong demand for its services.
- Expansion Potential: The funds from the IPO will help the company expand its operations, potentially increasing its market share.
Cons of Investing in Naturewings Holidays Limited IPO
- High Dependency on a Specific Market: The company's focus on the Himalayan region may limit its growth opportunities compared to more diversified travel companies.
- Economic Sensitivity: The tourism sector is highly sensitive to economic fluctuations, which can affect the company’s performance.
- Competitive Market: The travel and tourism industry is competitive, with numerous established players that could pose challenges to Naturewings Holidays Limited.
- Relatively New Market Presence: As a company that was incorporated only in 2018, Naturewings may face challenges in establishing long-term customer loyalty and brand recognition.
Financial Performance and Market Outlook
Naturewings Holidays Limited has demonstrated impressive financial growth, with revenue climbing from ?418.32 Lakhs in 2022 to ?2,189.97 Lakhs in 2024. However, potential investors should carefully assess the company’s ability to maintain this growth trajectory, especially in a competitive and economically sensitive market.
- Revenue Growth: Significant increase from ?418.32 Lakhs in FY 2022 to ?2,189.97 Lakhs in FY 2024.
- Profitability: The company has shown a consistent increase in profitability, with PAT rising from ?19.89 Lakhs in FY 2022 to ?111.92 Lakhs in FY 2024.
Should You Invest in Naturewings Holidays Limited IPO?
Investing in Naturewings Holidays Limited’s IPO offers an opportunity to tap into a growing niche in the tourism industry. The company’s specialized focus, coupled with the experience of its promoters, makes it an attractive option for those interested in the tourism sector. However, the high dependency on a specific market and the inherent risks associated with the tourism industry should be carefully considered.
Conclusion
The Naturewings Holidays Limited IPO presents an intriguing opportunity for investors looking to invest in the tourism sector, particularly in niche travel experiences. While the company has shown strong growth and potential, the risks associated with market competition and economic sensitivity should not be overlooked.
FAQs About Naturewings Holidays Limited Ipo
Naturewings Holidays Limited IPO will open on 03 Sep, 2024 and close on 05 Sep, 2024. Investors must apply within this period to participate.
The Naturewings Holidays Limited IPO price band is set between ₹74.00 and ₹74.00 per share. The minimum lot size is 1600, requiring an investment of at least ₹118400.00.
The Naturewings Holidays Limited IPO shares are expected to be listed on 10 Sep, 2024, subject to regulatory approvals and final allotment.
You can track your Naturewings Holidays Limited IPO application status on the registrar’s website: Link Intime or KFintech using your PAN, application number, or DP ID
The Naturewings Holidays Limited IPO will be listed on major stock exchanges such as BSE, where you can trade shares once they are listed.