Naturewings Holidays Limited IPO
Naturewings Holidays Ltd
₹1,18,400 /1600 sharesMinimum Investment
Naturewings Holidays Limited IPO Listing Details
Listed On | Issue Price | Listing Price | Listing Gains |
---|
-- | ₹74.00 | ₹95.00 | ₹21.00 (28.38%) |
Naturewings Holidays Limited IPO Details
Bidding Dates | Min. Investment | Lot Size | Price Range |
---|
3 Sep ‘24 - 5 Sep ‘24 | ₹1,18,400 | 1,600 | ₹74 - ₹74 |
Naturewings Holidays is a travel company that designs holiday packages for travellers who wish to explore the Himalayan regions of India, Nepal, and Bhutan. The company offers travel solutions that include both land and air travel arrangements, accommodation reservations, local transit setups, and sightseeing tours. The company caters to both individual tourists and group excursions.
Recently, the company has started including international destinations in its portfolio. Apart from travel services, the company also offers other services such as travel-related foreign exchange and payment solutions.
;
Managing director
Mr. Sandip Raha
Parent organisation
Naturewings Holidays Ltd
Strengths & Financials of Naturewings Holidays Limited
Naturewings Holidays collaborates with over 100 travel agents in more than 12 major Indian cities as part of its business and to meet customer needs.
The company has access to over 750 hotels situated in the Himalayan region, including Bhutan, Nepal, Northeast India, Sikkim-Darjeeling, and Kashmir-Ladakh, as well as various international locations.
Naturewings Holidays offers visa assistance to customers who purchase international travel packages from the company.
The company has seen a consistent increase in revenue from operations and profit after tax (PAT). The former increased from Rs 4.12 crore in FY22 to Rs 11.70 crore in FY23 to Rs 21.81 crore in FY24. Meanwhile, PAT increased from Rs 0.20 crore in FY22 to Rs 0.65 crore in FY23 to Rs 1.12 crore in FY24.
The travel and tour industry is cyclical and sensitive to changes in the general economic conditions in the country.
The company relies on third-party service providers for essential operational services. Any failure to meet the company’s standards or any operational disruptions on their part could adversely impact the business.
Any disruptions in the supply of air tickets, a decline in demand for hotel accommodations, or fluctuations in the pricing of travel elements could negatively impact the company’s business.
The company does not have full control over the quality of travel products as the services are obtained from its suppliers. Any fall in service quality could lead to customer dissatisfaction and loss of business.
Naturewings Holidays Limited Financials
*All values are in Rs. Cr
Application Details of Naturewings Holidays Limited IPO
Apply as | Price band | Apply upto |
---|
Regular | ₹74 - 74 | ₹2 - 5 Lakh |
High Networth Individual | ₹74 - 74 | ₹2 - 5 Lakh |
For Naturewings Holidays Limited IPO, eligible investors can apply as Regular.