Juniper Hotels Limited IPO

Mainboard

Hotels & Resorts

Listed On: Feb 28, 2024 at ₹ 365.0(NSE)

₹ 14400 /40 Shares

Check Allotment

Price Summary

Last Closing

310.70 (-13.69%)

52 Week High

538.25

52 Week Low

306.00

Last Update

22-Nov-2024 3:30 PM

Juniper Hotels Limited IPO Details

21 Feb, 2024

Open Date

23 Feb, 2024

Close Date

26 Feb, 2024

Allotment Date

28 Feb, 2024

Listing Date

Issue Price

₹342-360 per equity share

Face Value

₹10 Per Equity Share

Listing at Group

BSE, NSE

Registrar

Kfin Technologies Limited

List Price

365.0(NSE)

Listing Date

2024-02-28

Market Lot

Retail : 40 Shares (₹14,400/-)
S-HNI : 560 Shares (₹2,01,600/-)
B-HNI : 2,800 Shares (₹10,08,000/-)

Lead Manager

Jm Financial Limited
Clsa India Private Limited
ICICI Securities Limited

Issue Size

50,000,000 shares(aggregating up to ₹1,800.00 Cr)

Retail Portion

10% (Number of Retail Applications: 1,25,000 Approx),
(Number of S-HNI Applications : 4,464 Approx),
(Number of B-HNI Applications : 8,929 Approx)

Subscription

2.08 times

IPO Docs

DRHP RHP ANCHOR

Juniper Hotels Limited IPO Subscription Details

As on	QIB	NII bNII sNII	Retail	Total
Shares Offered / Reserved	15,000,000	7,500,000 5,000,000 2,500,000	5,000,000	27,500,000
Day 1 - 21-02-24 05:00 PM	0.00 x	0.06 0.05 x 0.08 x	0.52 x	0.11 x
Day 2 - 22-02-24 05:00 PM	0.06 x	0.14 0.13 x 0.16 x	0.87 x	0.23 x
Day 3 - 23-02-24 05:00 PM	2.96 x	0.85 1.03 x 0.48 x	1.28 x	2.08 x

Total No. of Applications: 1,21,009 (Approx)

Juniper Hotels Limited Valuations

Earnings Per Share (EPS)

₹N/A/-

P/E Ratio

N/A

RoNW

N/A%

Net Asset Value (NAV) - As on 31.03.22

₹N/A

Juniper Hotels Limited Company Financials All values are in ₹ Cr.

	31-Mar-23	31-Mar-22	31-Mar-21
Assets	3,020.27	3,069.86	3,055.54
Revenue	717.29	343.76	192.85
Profit After Tax	-1.50	-188.03	-199.49

About The Company

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.

	P/B Ratio	P/E Ratio	RoNW	Net Worth
Juniper Hotels Limited	6.09	N/A	(0.42)%	717
Chalet Hotels Limited	9.85	68.8	10.9%	1,128
Lemon Tree Hotels Limited	12.1	83.6	13.6%	875
The Indian Hotels Company	9.01	63.3	12.7%	5,810
EIH Limited	6.98	44.8	11.4%	2,019

Juniper Hotels Limited - Promoter(s)

Pre Issue Share Holding: 100%

Post Issue Share Holding: 77.53%

Company Promoter(s)

Arun Kumar Saraf, & Saraf Hotels Limited
Two Seas Holdings Limited
Juniper Investments Limited.

Juniper Hotels Limited IPO - Issue Objectives

Repayment/ prepayment/ redemption, in full or in part, of certain outstanding borrowings availed by the Company and its recent acquisitions, namely CHPL and CHHPL
General corporate purposes.

Juniper Hotels Limited IPO - Anchor Investors

Juniper Hotels IPO: Institutional investors pick Rs 810 crore worth shares via anchor book.

Marquee investors including Fidelity Funds, Government Pension Fund Global, Camrignac Portfolio, The Prudential Assurance Company, HSBC Global Investment Funds, Nedgroup Investment Funds, Marshall Wace Investment Strategies, Natixis International Funds, Schroder International, GAM Multistock, Goldman Sachs, and Societe Generale participated in the anchor book.

Further, Kotak Mahindra Trustee, Tata Mutual Fund, Quant Mutual Fund, Ashoka Whiteoak ICAV, Baroda BNP Paribas Mutual Fund, ICICI Prudential Life Insurance Company, HDFC Life Insurance Company, Invesco India Equity Fund, Jupiter India Fund, Aditya Birla Sun Life Insurance Company, Bandhan Mutual Fund, Avendus, and Tata AIA Life Insurance, also, invested in the Hyatt hotel chain.

Juniper Hotels Limited IPO - FAQs

Ans. Juniper Hotels Limited IPO is a Mainboard IPO. The issue is priced at ₹342-360 per equity share. The minimum order quantity is 40 Shares. The IPO opens on Feb 21, 2024, and closes on Feb 23, 2024. Kfin Technologies Limited is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.

Ans. The Juniper Hotels Limited IPO opens on Feb 21, 2024 and closes on Feb 23, 2024.

Ans. The size of Juniper Hotels Limited IPO is 50,000,000 shares(aggregating up to ₹1,800.00 Cr).

Ans. The IPO price band is set between ₹342-360 per equity share.

Ans. To apply for Juniper Hotels Limited IPO IPO, follow the steps given below:

- Open the IPO Ji App or Website
- Find Juniper Hotels Limited IPO in the List of IPOs
- Press "Apply" Button
- Select Your Demat Account
- Select Your Shares Quantity and Submit
- Track Your IPO Status

Ans. The share allotment date of Juniper Hotels Limited IPO is Feb 26, 2024.

Ans. The Juniper Hotels Limited IPO will be listed on Feb 28, 2024.

Ans. Follow the steps to check the allotment status for Juniper Hotels Limited IPO here.