Jungle Camps India Limited
CLOSEDIPO Date: 10 Dec - 12 Dec 2024
Listing Date: 17 Dec 2024
Price Range
₹68 to ₹72
Issue Size
29.42 Cr
Min Investment
₹1,08,800
Lot Size
1600 Shares
Schedule of Jungle Camps India Limited
Issue open date
10 Dec 2024
Issue close date
12 Dec 2024
UPI mandate deadline
12 Dec 2024 (5 PM)
Allotment finalization
13 Dec 2024
Share credit
16 Dec 2024
Listing date
17 Dec 2024
Mandate end date
27 Dec 2024
Issue size
| Funds Raised in the IPO | Amount |
|---|---|
| Overall | 29.42 Cr |
| Fresh Issue | 29.42 Cr |
| Offer for Sale | 0 Cr |
Allotment DetailsNew
| Allotment Timeline | Details |
|---|---|
| Allotment Date | 13 Dec 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.
| Date | Ipo Price | GMP | Estimated Listing Price |
|---|---|---|---|
| 17 Dec 2024 | ₹72 | ₹4 | ₹76 (5%) |
Performance Jungle Camps India Limited
| Issue Price | Listing Gain | Current Market Price | P/L |
|---|---|---|---|
| ₹68 to ₹72 | .... | ₹ 80 | 11.11% |
About Jungle Camps India Limited
Jungle Camps India is a conservation-driven hospitality group offering services like wildlife camps, boutique resorts, motels, guest houses, holiday homes, restaurants, and catering across India. The company manages four award-winning luxury resorts in prominent tiger reserves and wildlife sanctuaries, including Pench Jungle Camp, Rukhad Jungle Camp, Tadoba Jungle Camp, and Jungle Camp Kanha. It also operates two highway retreats in Madhya Pradesh—Bison Highway Retreat and Midway Treat—providing motels and dining options. With 87 accommodations, ranging from villas and cottages to safari tents, and premium amenities like banquet halls, swimming pools, and spas, Jungle Camps India offers eco-friendly travel experiences to cater to varied preferences.
| Founded in | 2002 |
| Managing director | Mr. Ajay Singh & Mr. Gajendra Singh |
| Parent organization | Jungle Camps India Limited |
Financial Overview
Strengths
- Experienced promoters with 22 years in the hospitality industry
- Strategically located camps near prime wildlife national parks
- Focused on delivering exceptional customer service and satisfaction
- Strong brand reputation built over 22 years of operations
- Offers 87 rooms spas restaurants and recreational facilities
- Robust quality control and feedback-driven operational strategies implemented
Risks
- Delays in obtaining regulatory permits may affect operations significantly
- Long-term leased properties risk disruptions due to lease issues
- Missing corporate records from 2002 to 2014 raise concerns
- Delays in statutory filings may lead to financial penalties
- Negative cash flows reported in recent fiscal years impact liquidity
- Issuance of equity shares below IPO price raises valuation concerns
Subscription Figures
| Category | Subscription (No. of times) |
|---|---|
| Qualified Institutional Buyers (QIBs) | N/A |
| Non-Institutional Investors (NIIs) | N/A |
| Retail Individual Investors (RIIs) | N/A |
| Employee | N/A |
| Total | N/A |