Jungle Camps India’s initial public offer (IPO) made a significant impact as the issue was subscribed 494 times. The subscription period of the issue ended on December 12, 2024 and the shares of the IPO are likely to be allotted today, December 13, 2024.
The Jungle Camps IPO is a book-built issue of ₹29.42 crore. The issue consists only of a fresh issue of 40.86 lakh shares. The subscription period for the issue opened on December 11, 2024 and concluded on December 12, 2024. The company will finalise the basis of allotment on December 13, 2024. Shares of the company will tentatively be listed on the stock exchange on December 17, 2024.
The small-medium enterprise (SME) IPO of Jungle Camps received an overwhelming response from investors as the issue was subscribed more 494.58 times with the company receiving bids for 134 crore shares against 27.18 lakh shares on offer.
The portion for qualified institutional buyers (QIBs) was subscribed 196.52 with bids for 15.28 crore shares against 7.77 lakh shares on offer. The non-institutional investors (NIIs) portion had 5.82 lakh shares on offer and received bids for 44.29 crore shares, or 551.20 times.
The retail portion was booked 551.20 times with bids for 74.87 crore shares against 13.58 lakh shares on offer.
The price band for the Jungle Camps IPO was ₹68 to ₹72 per share. The issue had a lot size of 1,600 shares. The minimum investment to apply for the IPO was ₹1,15,200.
Investors who have applied for the Jungle Camps IPO can check the allotment status on either the Bombay Stock Exchange (BSE) website or on the website of the issue’s registrar, Skyline Financial Services.
Step 1: Visit the BSE website by clicking here
Step 2: Under ‘Issue Type’, select equity.
Step 3: Select Jungle Camps under the ‘Issue Name’.
Step 4: Enter your PAN or Application number to check the allotment status.
Step 1: Visit the Skyline Financial Services website by clicking here
Step 2: Click on the Public-Issues button.
Step 3: From the company name dropdown menu, select Jungle Camps India.
Step 4: Enter the necessary information such as PAN, Application Number.
Step 5: Click on Search to check your allotment status.
Jungle Camps India is a hospitality group that operates hotels, wildlife camps, motels, inns, and catering services in India. The company has a presence in the wildlife tourism industry with over 87 rooms including villas and boutique resorts.
For the quarter ended June 30, 2024, the company’s revenue stood at ₹57.22 lakh. The net profit for the quarter came in at ₹11.03 lakh. The company’s net profit in FY24 surged 699.55% year-on-year to ₹35.91 lakh.