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Open
21 Feb 2024
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Close
23 Feb 2024
3
Allotment
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Listing
Wed, Feb 28, 2024
Price Band
₹342 to ₹360
Issue Size
5,00,00,000 shares (agg. up to ₹1,800 Cr)
Lot Size
40 Shares
Listing Date
Wed, Feb 28, 2024
Latest GMP
₹0
Est. Gain
0%
✦ AI Insight
GMP Trend
28-02-2024₹0Est. ₹360+0%
27-02-2024₹0Est. ₹360+0%
26-02-2024₹0Est. ₹360+0%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 1.68x |
Restated Financials (₹ Cr.)
| Period Ended | 30 Sep 2023 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
|---|---|---|---|---|
| Assets | 3,837.83 | 3,020.27 | 3,069.86 | 3,055.54 |
| Total Income | 337.43 | 717.29 | 343.76 | 192.85 |
| Profit After Tax | -26.50 | -1.50 | -188.03 | -199.49 |
| NET Worth | 859.67 | 354.51 | 356.37 | 543.90 |
| Reserves and Surplus | 687.17 | 210.81 | 212.67 | 400.20 |
| Total Borrowing | 2,252.75 | 2,045.61 | 2,121.81 | 1,830.48 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Apeejay Surrendra Park Hotels Ltd. | Mainboard | ₹920.00 Cr | ₹155 | 56.33 | ₹203.55 | +31.32% | ₹128.67 (-0.96%) |
| SAMHI Hotels Ltd. | Mainboard | ₹1,370.10 Cr | ₹126 | null | ₹143.40 | +13.81% | ₹169.56 (-2.27%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Repayment/prepayment/redemption, in full or in part,of certain outstanding borrowings availed by the Company and the recent acquisitions, namely CHPL and CHHPL | 1,500.00 |
| 2 | General corporate purposes | 233.08 |
About Juniper Hotels IPO
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. The company's hotels and serviced apartments in Mumbai, Delhi, Ahmedabad, Lucknow, Raipur, and Hampi are landmarks in the luxury, upper upscale and upscale categories. 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. The revenue from operations increased from ₹1,663.51M in Fiscal 2021 t
Contact Details
Juniper Hotels Ltd. AddressOff Western Express HighwaySantacruz EastMumbai, Maharashtra, 400055+ 91 22 6676 1000complianceofficer@juniperhotels.comVisit Website