Juniper Hotels IPO Details
| IPO Size | 1800 |
| Price Range | ₹342 to ₹360 |
| Retail Quota | 10% |
| QIB Quota | 75% |
| NII Quota | 15% |
| Employee Discount | -- |
| Listing at | NSE and BSE |
| Minimum Quantity | 40 |
| Investment (cut-off price) | ₹14,400 |
| Pre IPO Promotor Holding | 100.00% |
| Post IPO Promotor Holding | 77.53% |
| DHRP Draft | Click Here |
| RHP Draft | Click Here |
| Anchor Investors List | Click Here |
Juniper Hotels IPO Timelines
21/02/2024
Start Date23/02/2024
End Date27/02/2024
Refund Initiation27/02/2024
Credit of Shares to Demat Ac28/02/2024
Listing DateJuniper Hotels IPO Lot Size
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 | 40 | ₹14,400 |
| Retail Maximum | 13 | 520 | ₹187,200 |
| S-HNI Minimum | 14 | 560 | ₹201,600 |
| B-HNI Minimum | 70 | 2800 | ₹1,008,000 |
Juniper Hotels IPO Subscription Status
| QIB | NII | Retail | EMP | Total |
|---|---|---|---|---|
| 2.96 x | 0.85 x | 1.28 x | -- | 2.08 x |
IPO Performance on Listing Day
| Opening Price | Closing Price | Day High | Day Low |
|---|---|---|---|
| ₹365 | ₹401.50 | ₹401.50 | ₹365 |
Juniper Hotels IPO Company Financials
| Year | Total Income | Total Expense | PAT |
|---|---|---|---|
| FY 2021 | ₹192.85 | ₹462.26 | ₹199.49 |
| FY 2022 | ₹343.76 | ₹557.86 | ₹188.03 |
| FY 2023 | ₹717.29 | ₹742.80 | ₹1.50 |
| FY 2024 (9M) | ₹337.43 | ₹389.97 | ₹26.50 |
About Company
Juniper Hotels is a luxury hotel development and ownership company. It was established in 1985 as a partnership between Saraf Hotels and Hyatt Hotels Corporation. The company operates seven hotels and serviced apartments in India. The company’s properties include luxury, upper upscale, and upscale categories, located in Mumbai, Delhi, Ahmedabad, Lucknow, Raipur, and Hampi.
| Incorporation Date | Sector | Managing Director |
|---|---|---|
| 1985 | Hospitality & Travel | Arun kumar |
Know Before Investing
Juniper Hotels IPO Strengths
- The company has expertise in site selection and identifying opportunities to develop hotels.
- It has a unique partnership between asset owner and operator brand backed by strong parentage.
- It has robust asset management capabilities with a focus on enhancing operating efficiency and profitability.
- The company enjoys increasing returns by having multiple revenue streams and complementary offerings.
- It is well-positioned to benefit from industry trends.
- Experienced Promoters and professional senior management team.
Juniper Hotels IPO Risks
- The company and its certain subsidiaries have incurred losses in the past.
- It has substantial indebtedness which requires significant cash flows to service.
- The revenue is highly dependent on three hotels/serviced apartments in Mumbai (Maharashtra) and New Delhi.
- The company has reported negative cash flows.
- The business is capital-intensive with high working capital requirements.
- The business can be adversely impacted by competition.
Swot Analysis for Juniper Hotels IPO
Strengths
Weaknesses
Opportunities
Threats
Contact Details of IXIGO
Kfin Technologies Limited
Phone: 04067162222, 04079611000
Email: jhl.ipo@kfintech.com
Website: https://kosmic.kfintech.com/ipostatus/
Company Details
Juniper Hotels Limited
Off Western Express Highway
Santacruz East,
Mumbai 400 055,
Phone: + 91 22 6676 1000
Email: complianceofficer@juniperhotels.com
Website: http://www.juniperhotels.com/
IPO Registar Details
Kfin Technologies Limited
Phone: 04067162222, 04079611000
Email: jhl.ipo@kfintech.com
Website: https://kosmic.kfintech.com/ipostatus/
FAQs
The key objectives of Juniper Hotels IPO are:
- Repayment/ prepayment/ redemption, in full or in part, of certain outstanding borrowings availed by their Company and their recent acquisitions, namely CHPL and CHHPL.