IPO Date: 21 Feb - 23 Feb 2024
Listing Date: 28 Feb 2024
Price Range
₹342 to ₹360 per share
Issue Size
1800 Cr
Min Investment
₹13,680
Lot Size
40 Shares
Issue open date
21 Feb 2024
Issue close date
23 Feb 2024
UPI mandate deadline
23 Feb 2024 (5 PM)
Allotment finalization
26 Feb 2024
Share credit
27 Feb 2024
Listing date
28 Feb 2024
Mandate end date
10 Mar 2024
Funds Raised in the IPO | Amount |
---|---|
Overall | 1800 Cr |
Fresh Issue | 0 Cr |
Offer for Sale | 0 Cr |
Allotment Timeline | Details |
---|---|
Allotment Date | 26 Feb 2024 |
Allotment Link | {Link} |
Grey Market Premium (GMP) is the premium at which the shares are traded in the grey market. It gives a fair idea about the listing price of the IPO shares. The GMP can be positive or negative based on the demand and supply of the shares in the grey market.
Date | Ipo Price | GMP | Estimated Listing Price |
---|---|---|---|
28 Feb 2024 | ₹360 | ₹0 | ₹360 (0%) |
27 Feb 2024 | ₹360 | ₹0 | ₹360 (0%) |
26 Feb 2024 | ₹360 | ₹0 | ₹360 (0%) |
25 Feb 2024 | ₹360 | ₹0 | ₹360 (0%) |
24 Feb 2024 | ₹360 | ₹0 | ₹360 (0%) |
23 Feb 2024 | ₹360 | ₹2 | ₹362 (0.56%) |
22 Feb 2024 | ₹360 | ₹3 | ₹363 (0.83%) |
21 Feb 2024 | ₹360 | ₹5 | ₹365 (1.39%) |
20 Feb 2024 | ₹360 | ₹8 | ₹368 (2.22%) |
19 Feb 2024 | ₹360 | ₹5 | ₹365 (1.39%) |
18 Feb 2024 | ₹360 | ₹10 | ₹370 (2.78%) |
Issue Price | Listing Gain | Current Market Price | P/L |
---|---|---|---|
₹342 to ₹360 per share | ₹ 1805 (11.53%) | ₹ 278.5 | -22.64% |
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 to ₹3,086.89M in Fiscal 2022 and ₹6,668.54M in Fiscal 2023.As of Sep 30, 2023, the company has 116 serviced apartments in Grand Hyatt Mumbai and 129 serviced apartments in Hyatt Delhi.As of September 30, 2023, the company had a total of 1,631 permanent employees. The CHPL Group had a total of 362 permanent employees. Together, they had a total of 1,993 employees.
Founded in | 1985 |
Managing director | |
Parent organization |
Category | Subscription (No. of times) |
---|---|
Qualified Institutional Buyers (QIBs) | 3.11 |
Non-Institutional Investors (NIIs) | 0.89 |
Retail Individual Investors (RIIs) | 1.31 |
Employee | N/A |
Total | 2.18 |