Jungle Camps India IPO - AstroIPO

Jungle Camps India IPO


December 3, 2024 Written By Mihir Gohel, Reviewed and Fact Checked by Harpal Parmar

Jungle Camps India IPO is Scheduled to open on 10 December 2024 and close on 12 December 2024, the IPO presents an attractive price range of ₹68 to ₹72 per share. Investors can participate with a minimum application of 1,600 shares, which translates to an investment of ₹115,200 at the cut-off price.

The IPO offers 4,086,000 shares, totaling ₹29.42 Cr in fresh issue. With a face value of ₹10 per share, the offering provides an accessible entry point for investors interested in the growing hospitality and travel segment. The company has strategically planned its entry on the BSE SME platform with a book built issue.

Jungle Camps India IPO Details

The key details of Jungle Camps India’s IPO are outlined below, covering all crucial aspects from price range to investment requirements and regulatory documents.

IPO Size ₹29.42 Cr
Price Range ₹68 - ₹72
Retail Quota 35%
QIB Quota 50%
NII Quota 15%
Employee Discount --
Listing at BSE
Minimum Quantity 1600
Investment (cut-off price) ₹115,200
Pre IPO Promotor Holding 94.57%
Post IPO Promotor Holding Update soon
DHRP Draft Click Here
RHP Draft Click Here
Anchor Investors List Click Here

Jungle Camps India IPO Timelines

The IPO process for Jungle Camps India includes key dates for participants to know. The timeline allows for strategic planning and participation, helping investors stay informed and engaged throughout the entire process.

10/12/2024
Start Date
12/12/2024
End Date
13/12/2024
Allotment Date View Status
16/12/2024
Refund Initiation
16/12/2024
Credit of Shares to Demat Ac
17/12/2024
Listing Date

Jungle Camps India IPO Lot Size

The Jungle Camps India IPO has a fixed lot size of 1,600 shares, at an upper price band of ₹72 per share, requiring ₹115,200 per lot for retail investors. For HNI investors, the minimum application is 3,200 shares (2 lots) amounting to ₹230,400.

Application Lot Size Shares Amount
Retail Minimum 1 1600 ₹1,15,200
Retail Maximum 1 1600 ₹1,15,200
S-HNI Minimum 2 3200 ₹2,30,400

Jungle Camps India IPO Subscription Status

The subscription status for Jungle Camps India IPO shows market demand across different investor categories, providing valuable insights into the offering’s performance. You can track real-time subscription data below.

QIB NII Retail EMP Total
196.52x 760.48x 551.20x -- 494.58x

IPO Performance on Listing Day

Opening Price Closing Price Day High Day Low
₹136.80 ₹129.96 ₹143.50 ₹129.96

Jungle Camps India IPO Company Financials

Year Total Income Total Expense PAT
FY 2022 ₹7.39 ₹6.78 ₹0.73
FY 2023 ₹11.10 ₹10.46 ₹0.45
FY 2024 ₹17.49 ₹13.05 ₹3.59

About Company

Incorporated in 2002, Jungle Camps India is a conservation-focused hospitality group operating four award-winning boutique luxury resorts in prime wildlife and tiger reserves across central India. The company owns and manages 87 accommodations, including villas, cottages, deluxe rooms, and safari tents, complemented by facilities like banquet halls, meeting rooms, restaurants, bars, swimming pools, and spas. The flagship properties include Pench Jungle Camp, Kanha Jungle Camp, Tadoba Jungle Camp, and Rukhad Jungle Camp, offering immersive experiences in natural settings. Additionally, the group operates two highway venues: Bison Highway Retreat in Rukhad and Midway Treat in Deur Kothar, Madhya Pradesh.

With 162 employees, Jungle Camps India aims to provide authentic and responsible travel experiences while promoting wildlife conservation. The company’s journey began with Pench Jungle Camp, launched in a 50-acre forest estate. Over the years, it expanded with Kanha Jungle Camp in 2018, Tadoba Jungle Camp in 2021, and Rukhad Jungle Camp in 2022. Each property blends luxury with sustainability, showcasing India’s rich wildlife and hospitality heritage.

Incorporation Date Sector Managing Director
2002 Hospitality & Travel Gajendra Singh Rathore

Know Before Investing

Jungle Camps India IPO Strengths

  • Total revenue increased from ₹11.24 crore in FY23 to ₹18.10 crore in FY24, reflecting a 61% rise and a profit after tax of ₹3.59 crore.
  • The company aims to achieve ₹100 crore in revenue by FY28, supported by plans to expand its portfolio with new resorts and hotels.
  • Specializes in immersive wildlife experiences, catering to eco-conscious travelers seeking unique stays in natural settings.
  • Founded in 2002, the company has built a reputable brand known for its commitment to conservation and luxury experiences.
  • Operates multiple properties in key tiger reserves, offering a variety of options for guests and mitigating risks associated with reliance on a single location.

Jungle Camps India IPO Risks

  • Revenue streams may be significantly affected by seasonal tourism trends.
  • The company faces growing competition from established and emerging eco-tourism players.
  • Hospitality revenues are vulnerable to economic downturns, impacting overall profitability.
  • The need to adhere to evolving environmental and tourism regulations can pose operational challenges.

Swot Analysis for Jungle Camps India IPO

Strengths

Unique Offerings, Strong Financial Growth, Strategic Locations, Experienced Management

Weaknesses

Seasonal Dependency, Limited Brand Recognition, High Capital Expenditure

Opportunities

Growing Eco-Tourism Demand, Expansion Plans, Technological Integration

Threats

Intense Competition, Regulatory Compliance Risks, Economic Sensitivity

Company Details

Jungle Camps India Limited

221-222/9,
2nd Floor, Som Dutt Chamber-II,
Bhikaji Cama Place- 110066,

Phone: +91-011-41749354

Email: legal@penchjunglecamp.com

Website: https://junglecampsindia.com/

IPO Registar Details

Skyline Financial Services Private Ltd

Phone: 02228511022

Email: ipo@bigshareonline.com

Website: https://www.skylinerta.com/ipo.php

FAQs

The key objectives of Jungle Camps India IPO are:

  • Capital expenditure for project development at Sanjay Dubri National Park, Madhya Pradesh.
  • Renovation of Pench Jungle Camp at Pench National Park, Madhya Pradesh.
  • Investment in subsidiary Madhuvan Hospitality Pvt. Ltd. for Mathura Hotel Project.
  • General corporate purposes.

Khambatta Securities Limited is the book-running lead managers for the Jungle Camps India IPO.

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