Juniper Hotels Limited IPO is a MAIN BOARD IPO. They are going to raise ₹1,800 Crores via IPO. The issue is priced at ₹342 to ₹360 per equity share. The IPO is to be listed on NSE, BSE
Juniper Hotels Limited IPO opens for subscription on February 21, 2024, and closes on February 23, 2024. The allotment for the Juniper Hotels Limited IPO is expected to be finalized on February 26, 2024. Juniper Hotels Limited IPO will list on BSE, NSE with tentative listing date fixed as February 28, 2024.
| Juniper Hotels Limited Details | Allotment |
| Minimum Investment ₹14,400 / 1– Lot (40 shares) | Price Range ₹342-₹360 | |
| Max Quantity 13-Lots/ (520 Shares) | Max Investment ₹187,200 | Retail Discount ₹0 |
| Investor category and sub category Individual- HNI & Retail | Issue Size 1,800 Cr | Employee Discount ₹ |
| Total Issue Size 50,000,000 Shares (Aggregating up to ₹1,800.00 Cr) | Share Holding Pree Issue 172,502,384 | Issue Type Book build Issue IPO |
| Fresh Issue Share 50,000,000 Shares (Aggregating up to ₹1,800.00 Cr) | Share Holding Post Issue 222,502,384 | Listing At BSE, NSE |
| Offer For Sale | Face value ₹10 |
IPO Dates
| Offer Starts | 21 Feb 2024 |
| Offer Ends | 23 Feb 2024 |
| Allotment | 26 Feb 2024 |
| Refunds | 27 Feb 2024 |
| Credit of shares to Demat account | 27 Feb 2024 |
| IPO Listing | 28 Feb 2024 |
About Juniper Hotels Limited
Incorporated in September 1985,
Juniper Hotels Limited is a luxury hotel development and ownership company. As of September 30, 2023, the company operates seven hotels and serviced apartments with a total of 1,836 rooms.
Their hotels and serviced apartments are present across the luxury, upper upscale, and upscale categories of hotels and are established landmarks in Mumbai, Delhi, Ahmedabad, Lucknow, Raipur, and Hampi.
Grand Hyatt Mumbai Hotel and Residences is India’s largest luxury hotel, while Hyatt Regency Lucknow and Hyatt Regency Ahmedabad are the biggest upper upscale hotels in their respective markets. Finally, Hyatt Raipur is the only upper upscale hotel in Raipur.
Juniper Hotels is co-owned by Saraf Hotels Ltd and Two Seas Holdings Ltd, an affiliate of Hyatt Hotels Corporation, forming a strategic partnership between a hotel developer and an international hospitality company.
The company has been honored with several awards, including the “Best Luxury Business Hotel in Delhi” at the Today’s Traveller Awards in 2022 for Andaz Delhi, and the “Best 5 Star Hotel in Gujarat” at the Gujarat Tourism Awards in 2022 for Hyatt Regency Ahmedabad.
| Incorporated in | Managing Director |
| 1985 | Mr. Arun Kumar Saraf |
Juniper Hotels Limited IPO Prospectus
| . | |
| DRHP Draft Prospectus | Click Here |
| RHP Draft Prospectus | Click Here |
Juniper Hotels IPO Lot Size
The Juniper Hotels IPO minimum market lot is 40 shares with ₹14,400 application amount. The retail investors can apply up-to 13 lots with 520 shares or ₹187,200 amount.
| Application | Lots | 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 |
Share Holding
| Share Holding Pre-Issue | 100% |
| Share Holding Post-Issue |
Financials
| Year | 2023 | 2022 | 2021 |
| Revenue | ₹717.29 | ₹343.76 | ₹192.85 |
| Assets | ₹3,020.27 | ₹3,069.86 | ₹3,055.54 |
| Profit | -₹1.50 | -₹188.03 | -₹199.49 |
| All values are in Rs. Cr |
Fundamentals
| Values | Values | ||
| Market cap | Cr | ROE | % |
| P/E (X) | ROCE | % | |
| POST P/E (X) | EPS | ||
| Debt to Equity | RONW | % |
Objects of the Issue
- Repayment/ prepayment/ redemption, in full or in part, of certain outstanding borrowings availed by our Company and Subsidiaries, namely CHPL and CHHPL.
- General corporate purposes
Brokerage Firm IPO Review
- To be updated soon
| Juniper Hotels Limited Contact Details | |
| Address | Juniper Hotels Limited Off Western Express Highway, Santacruz East, Mumbai 400 055, Maharashtra, India; |
| Phone: | 91 22 6676 1000 |
| complianceofficer@juniperhotels.com | |
| Website | www.juniperhotels.com |
| Juniper Hotels Limited IPO Lead Managers |
| JM Financial Limited CLSA India Private Limited ICICI Securities Limited |
| Juniper Hotels Limited IPO Registrar | |
| . | Kfin Technologies Limited |
| Phone | +91 40 6716 2222/ 1800 309 4001 |
| jhl.ipo@kfintech.com | |
| Website | www.kfintech.com |
| Juniper Hotels Limited IPO Allotment Status Check |
| IPO Allotment Status Check Click Here |
Juniper Hotels Limited IPO FAQs
What is Juniper Hotels Limited IPO?
- Juniper Hotels Limited IPO is a MAIN BOARD IPO. They are going to raise ₹1800 Crores via IPO. The issue is priced at ₹342 to ₹360 per equity share. The IPO is to be listed on NSE, BSE
When Juniper Hotels Limited IPO will open?
- The IPO is to open on February 21, 2024, for QIB, NII, and Retail Investors.
What is Juniper Hotels Limited IPO Investors Portion?
- The investors’ portion for QIB is 75%, NII is 15%, and Retail is 10%.
What is Juniper Hotels Limited IPO Size?
- Juniper Hotels Limited IPO size is ₹72.17 crores.
What is Juniper Hotels Limited IPO Price Band?
- Juniper Hotels Limited IPO Price Band is ₹342 To ₹360 per equity share.
What is Juniper Hotels Limited IPO Minimum and Maximum Lot Size?
- The IPO bid is Minimum 1-Lot (40 Shares) with ₹14,400. and Maximum Lot Size 14-Lots (520 Shares) with ₹187,200
What is Juniper Hotels Limited IPO Allotment Date?
- Juniper Hotels Limited IPO allotment date is February 26, 2024.
What is Juniper Hotels Limited IPO Listing Date?
- Juniper Hotels Limited IPO listing date is February 28, 2024. The IPO to list on NSE, BSE.