Juniper Hotels
Juniper Hotels Info
Details about the Juniper Hotels IPO. Opening Date of Juniper Hotels is 21 Feb 24 and Closing Date is 23 Feb 24 . Face Value of Each share of Juniper Hotels is ₹10 per share. Price band of Juniper Hotels is ₹342 to ₹360. The Lot size of Juniper Hotels is 40 shares. Total issue size of Juniper Hotels IPO is ₹1800 cr. Fresh Issue of Juniper Hotels IPO is 1,800 cr. This is a Book Building IPO. Expected to list on NSE & BSE. Share Holding Pre Issue of Juniper Hotels is 172,502,384. Share Holding Post Issue of Juniper Hotels is 222,502,384.
Business Summary
Juniper Hotels is a luxury hotel development and ownership company, and are the largest owner, by number of keys of “Hyatt” affiliated hotels in India as of September 30, 2023.
Juniper Hotels have a portfolio of seven hotels and serviced apartments. Company operated 1,836 keys across the luxury, upper upscale and upscale category of hotels across various locations in India, namely Mumbai, Delhi, Ahmedabad, Lucknow, Raipur and Hampi.
Company benefit from a unique partnership between Saraf Hotels (and its affiliates) and affiliates of, Hyatt Hotels Corporation.
Juniper Hotels IPO Details
| Open Date | 21 Feb 24 |
|---|---|
| Close Date | 23 Feb 24 |
| Face Value | ₹10 per shares |
| Price Band | ₹342 - ₹360 |
| Lot Size | 40 Shares |
| Total issue Size | 50,000,000 Shares ₹1800 cr |
| Fresh Issue | 50,000,000 Shares ₹1800 cr |
| Issue Type | Book Building |
| Listing At | NSE & BSE |
| Share Holding Pre Issue | 172,502,384 |
| Share Holding Post Issue | 222,502,384 |
| RHP , DHRP | View RHP, View DRHP |
Juniper Hotels IPO Timeline
The Juniper Hotels Initial Public Offering (IPO) is set to open on 21 Feb 24 and will end its subscription phase on 23 Feb 24. You can check your allotment status for Juniper Hotels on 26 Feb 24. The refund process for your funds will start promptly on 27 Feb 24. Juniper Hotels IPO credit of shares will be on 27 Feb 24. The listing date for Juniper Hotels is on 28 Feb 24.
Open Date
Close Date
Basis Of Allotment
Initiation of Refund
Credit of Share
Listing Date
Juniper Hotels IPO Reservation
The Juniper Hotels IPO reserves shares for different investor categories. Approximately Not less than 75% of the Net Issue will be available for QIB, Not more than 15% of the Net Issue will be available for NII, Not more than 10% of the Net Issue will be available for Retail,
| Investor Category | Shares Offered |
|---|---|
| QIB | Not less than 75% of the Net Issue |
| NII | Not more than 15% of the Net Issue |
| Retail | Not more than 10% of the Net Issue |
Juniper Hotels IPO Lot Size
Bids can be made for minimum of 40 shares and in multiple of 40 equity shares thereafter
| Application | Lot | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 40 | 14,400 |
| Retail (Max) | 13 | 520 | 187,200 |
| S-HNI (Min) | 14 | 560 | 201,600 |
| S-HNI (Max) | 69 | 2,760 | 993,600 |
| B-HNI (Min) | 70 | 2,800 | 1,008,000 |
Juniper Hotels IPO Promoters Holding
Promoters holding details for Juniper Hotels in the current issue is as follows: The share holding of promoters before the issue stands at 100%, and after the issue, it has been adjusted to -%.
Promoters of Juniper Hotels are Arun Kumar Saraf, Saraf Hotels Limited, Two Seas Holdings Limited, Juniper Investments Limited,
| Share Holding Pre Issue | 100% |
|---|---|
| Share Holding Post Issue | -% |
Juniper Hotels Financial Information
Financial performance details for Juniper Hotels over the years are as follows: The table below presents key financial indicators, including Assets, Revenue, and Profit After Tax (PAT).
| Period | 30 Sept 23 | 31 Mar 23 | 31 Mar 22 | 31 Mar 21 |
|---|---|---|---|---|
| Assets | 3,837.83 | 3,020.27 | 3,069.86 | 3,055.54 |
| Revenue | 337.43 | 717.29 | 343.76 | 192.85 |
| Profit After Tax | -26.5 | -1.5 | -188.03 | -199.49 |
Juniper Hotels IPO Key Performance Indicator
Key Performance Indicators (KPIs) for Juniper Hotels are outlined below. Monitoring these KPIs provides insights into the company's operational and strategic performance. The table presents various performance indicators along with their corresponding values.
| KPI | Value |
|---|---|
| RoNW | -0.42% |
| EPS (Rs) | -0.10 |
Object of the Issue
- • Repayment/prepayment/redemption, in full or in part, of certain outstanding borrowings availed by Company and recent acquisitions, namely CHPL and CHHPL
- • General corporate purposes
Contact Details for Juniper Hotels
Phone
Office
Off Western Express Highway, Santacruz East, Mumbai 400055, Maharashtra, India.
Registrar Details for Juniper Hotels
Kfin Technologies Limited
Phone
Office
Selenium, Tower B, Plot No –31 and 32, Financial District Nanakramguda, Serilingampally Hyderabad, Rangareddi 500 032 Telangana, India
Lead Manager
- • Jm Financial Limited
- • Clsa India Private Limited
- • ICICI Securities Limited