Jungle Camps India IPO is a book-built issue totaling ₹29.42 crore, consisting entirely of a fresh issue of 40.86 lakh equity shares.
The IPO opens for subscription on December 10, 2024, and closes on December 12, 2024. Share allotment is expected to be finalized on Friday, December 13, 2024. The IPO will list on the BSE SME platform with a tentative listing date of Tuesday, December 17, 2024.
Jungle Camps India operates in the hospitality and tourism sector, specifically focusing on ecological and experiential hospitality. They offer wildlife and conservation-focused lodges set amidst pristine wilderness, providing guests with immersive safari experiences and a chance to connect with nature.
The price band for the IPO is set at ₹68 to ₹72 per share. Investors can apply for a minimum lot size of 1,600 shares, requiring an investment of ₹115,200 for retail participants. High Net Worth Investors (HNIs) need to apply for a minimum of two lots (3,200 shares), amounting to ₹230,400.
Khambatta Securities Limited is the book-running lead manager for the IPO, with Skyline Financial Services Private Ltd serving as the registrar. Nikunj Stock Brokers is designated as the market maker for the issue.
Jungle Camps India IPO Details:
| Company Name | Jungle Camps India Limited |
| Sector | Hospitality and Tourism |
| IPO Type | SME |
| IPO Open date | 10th Dec 2024 |
| IPO Close date | 12th Dec 2024 |
| OFS | |
| Listing Exchanges | BSE |
| Share Holding Pre-issue | |
| DRHP Draft Prospectus | Click to check |
| RHP Draft Prospects | Click to check |
Jungle Camps India IPO Lot Size:
| Application | Lot Size | Shares | Amount |
| Retail (Min) | 1 | 1600 | 1,15,200 |
| HNI (Min) | 2 | 3200 | 2,30,400 |
Jungle Camps India IPO Timeline:
| IPO Open Date | 10th Dec 2024 |
| IPO Close Date | 12th Dec 2024 |
| Basis of Allotment | 13th Dec 2024 |
| Refund Initiation Date | 16th Dec 2024 |
| Shares Credit to Demat | 16th Dec 2024 |
| Listing Date | 17th Dec 2024 |
Things to Consider before applying for an IPO
Financial Performance: Review Jungle Camps India’s Financials to understand its revenue, profitability, and growth prospects.
Industry Outlook: Consider the overall health of India’s Hospitality and Tourism Industry.
Valuation: Compare the price band to similar companies in the industry to see if the IPO is priced fairly.
Management Team: Research the experience and capabilities of the management team.
Our Verdict
This IPO offers a good opportunity to invest in Jungle Camps India and be a part of its growth.
FAQ
What is Grey Market Premium (GMP)?
The Grey Market Premium (GMP) represents the price at which an Initial Public Offering (IPO) is traded in the unregulated grey market before its official listing. It serves as an indicator of how the IPO might perform on the listing day. Seeing the latest GMP, investors can estimate the listing performance of the IPO.
