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    5. JUNIPER

    Juniper Hotels Limited

    CLOSED

    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

    View IPO Document

    Schedule of Juniper Hotels Limited

    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

    Issue size

    Funds Raised in the IPOAmount
    Overall1800 Cr
    Fresh Issue0 Cr
    Offer for Sale0 Cr

    Allotment DetailsNew

    Allotment TimelineDetails
    Allotment Date26 Feb 2024
    Allotment Link{Link}

    Grey Market PremiumNew

    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.

    DateIpo PriceGMPEstimated 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%)

    Performance Juniper Hotels Limited

    Issue PriceListing GainCurrent Market PriceP/L
    ₹342 to ₹360 per share₹ 1805 (11.53%) ₹ 278.5-22.64%

    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.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 in1985
    Managing director
    Parent organization

    Financial Overview

    Strengths

      Risks

        Subscription Figures

        CategorySubscription (No. of times)
        Qualified Institutional Buyers (QIBs)3.11
        Non-Institutional Investors (NIIs)0.89
        Retail Individual Investors (RIIs)1.31
        EmployeeN/A
        Total2.18