Jungle Camps India Ltd is preparing to launch its initial public offering (IPO) to support its ambitious expansion plans, aiming to achieve ₹100 crore in revenue by 2028. The IPO will open for subscription soon, with the company reporting a significant increase in financial performance, with total revenue rising from ₹11.24 crore in FY23 to ₹18.10 crore in FY24, alongside a profit after tax of ₹3.59 crore. Founded in 2002, Jungle Camps specializes in providing unique wildlife and conservation-focused lodging experiences across central India’s tiger reserves.
₹60
₹72
₹136.80
Expert Opinions
Market sentiment for the Jungle Camps India IPO is optimistic, driven by the growing interest in eco-tourism and unique travel experiences. Company strengths include a robust financial performance, with FY24 revenue of ₹18.10 crore and a profit after tax of ₹3.59 crore, reflecting a 61% increase in revenue and a significant rise in profitability compared to previous years. However, risks and challenges involve competition in the hospitality sector and potential economic downturns affecting discretionary spending on travel.
The valuation analysis sets the IPO price between ₹68 and ₹72 per share, which appears reasonable given the company’s growth trajectory. From a long-term investment perspective, Jungle Camps India is well-positioned to capitalize on the increasing demand for wildlife experiences.
Investor Considerations
Investors considering the Jungle Camps India IPO should evaluate several key aspects. Company performance and fundamentals indicate a strong upward trajectory, with total revenue increasing from ₹11.24 crore in FY23 to ₹18.10 crore in FY24, alongside a profit after tax of ₹3.59 crore, reflecting a 61% growth in revenue. The sector outlook for eco-tourism is promising, driven by rising consumer interest in wildlife experiences and sustainable travel.
The IPO valuation is set between ₹68 and ₹72 per share, which appears reasonable given the company’s growth potential. Growth prospects are bolstered by plans to expand its portfolio of resorts and enhance existing properties, targeting ₹100 crore in revenue by 2028. However, risk factors include competition within the hospitality sector and economic fluctuations affecting discretionary spending on travel. A long-term investment horizon is advisable, as Jungle Camps India is well-positioned to benefit from the increasing demand for unique and responsible travel experiences in India’s rich natural landscapes.
| Date | GMP | Trend |
|---|---|---|
| 16 Dec 2024 17.53 | ₹60 | --- |
| 15 Dec 2024 13.24 | ₹60 | --- |
| 14 Dec 2024 16.35 | ₹60 | --- |
| 13 Dec 2024 11.30 | ₹60 | Down |
| 12 Dec 2024 12.34 | ₹64.8 | --- |
| 11 Dec 2024 10.50 | ₹64.8 | --- |
| 10 Dec 2024 11.15 | ₹64.8 | --- |
| 09 Dec 2024 16.46 | ₹64.8 | --- |
| 06 Dec 2024 10.49 | ₹64.8 | --- |
| 05 Dec 2024 10.56 | ₹64.8 | Up |
| 04 Dec 2024 10.49 | ₹50 | Up |
| 03 Dec 2024 12.42 | ₹00 | --- |
FAQs
The Grey Market Premium showed strong accuracy in predicting Jungle Camps India’s listing performance. The GMP of ₹60 predicted a premium of 83.33% over the issue price, while the stock delivered a slightly higher gain of 90%. With a small prediction error of 3.64%, the GMP effectively captured both the direction and approximate magnitude of the listing gains, proving to be a reliable indicator in this case.
Jungle Camps India IPO Current GMP is ₹60.
Jungle Camps India IPO Expected Returns is 83.33%.
Jungle Camps India IPO estimated listing price is ₹132.