Juniper Hotels IPO

Juniper Hotels Limited

₹13,680 /40 sharesMinimum Investment

Juniper Hotels IPO Listing Details

Listed OnIssue PriceListing PriceListing Gains
BSE & NSE₹360.00₹361.00₹1.00 (0.28%)

Juniper Hotels IPO Details

Bidding DatesMin. InvestmentLot SizePrice Range
21 Feb ‘24 - 23 Feb ‘24₹13,68040₹342 - ₹360
Issue SizeIPO Doc
1800.00Cr
RHP PDF

Subscription rate

Qualified Institutional Buyers2.96x
Non-Institutional Investor0.85x
Retail Individual Investor1.24x
Total2.07x

About the 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.;
Founded in
1985
Managing director
Mr. Arun Kumar Saraf
Parent organisation
Juniper Hotels Limited
Juniper Hotels Limited IPO
https://www.youtube.com/watch?v=dqFcs1aqWNQ

Strength and risks

Strengths
Risks
In Fiscal 2023, the company’s revenue from operations was Rs. 666.85 cr compared to Rs. 308.69 cr in Fiscal 2022 and Rs. 166.35 cr in Fiscal 2021. The company has brought down its HLP(heat, light, and power) costs to Rs. 42.13 cr in Fiscal 2023 down from 9.07% in Fiscal 2022 and 12.72% in Fiscal 2021.
The company has diverse revenue streams coming from serviced apartments, restaurants, MICE services, and more.
The company’s hotels are present in key cities, including Delhi, Mumbai, Ahmedabad, Lucknow, Raipur, and Hampi. Its hotels in Raipur and Hampi are the first international chain-affiliated hotels in those locations. The company targets micro-markets based on proximity to airports and business districts.
The Saraf Group and Hyatt have maintained a partnership for over 40 years.

Financials

*All values are in Rs. Cr
No Graph Data To Display

Application details

Apply asPrice bandApply upto
Regular342 - 360₹2 Lakh
High Networth Individual342 - 360₹2 - 5 Lakh
For Juniper Hotels IPO, eligible investors can apply as Regular.
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