IPO Deliver

IPO Deliver

Juniper Hotels IPO

Juniper Hotels IPO Dates, Price Band, Rating, GMP, Analysis, and Allotment Details 2024

by

Juniper Hotels IPO

The initial public offering (IPO) of Juniper Hotels will open for subscription on February 21 and close on February 23, comprising fresh issues of Rs.1,800.00 Cr. An investor can apply for the issue for a minimum of 40 shares and the listing will happen on February 28, 2024. 

#1. Quick Intro to Juniper Hotels   

Juniper Hotels Limited (1985) 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.

Check out the IPO allotment status on IPO Deliver.

#2. IPO Object of Juniper Hotels   

The company intends to use the IPO Funds for the following purposes: 

  1. Repayment/Prepayment/Redemption in full or in part of certain outstanding borrowings availed by our company and subsidiaries namely CHPL and CHHPL.
  2. General corporate purposes.

#3. Juniper Hotels Core Strengths 

  1. Expertise in site selection and identifying opportunities to develop our hotels.
  2. A unique partnership between asset owner and operator brand backed by strong parentage.
  3. Robust asset management capabilities with a focus on enhancing operating efficiency and profitability.
  4. Increasing returns by having multiple revenue streams and complementary offerings.
  5. Well-positioned to benefit from Industry trends.
  6. Experienced and qualified board and management team.
#4. Juniper Hotels IPO Review & Rating
Issue Size  Rs.1,800.00 Crore
Issue Price  Rs.342 to Rs.360 per share 
Minimum Lot Size 40 Shares
Total Profit (March 2023)  Rs.-1.50 Crore
ROE –
ROCE –
Listing on BSE NSE
IPO Deliver Rating One

 

#5. Juniper Hotels IPO Dates, Price Band & Details

Juniper Hotels IPO will open on February 21, 2024, and close on February 23, 2024. The IPO is to be listed on February 28, 2024.  

Type of issue Book Built Issue IPO
Issue Size Rs.1,800.00 Crore
Price Brand Rs.342 to Rs.360 per share
Face Value Rs. 10/- per share
IPO Open Date February 21, 2024
IPO Close Date February 23, 2024
IPO Allotment Date February 26, 2024
Refund Date February 27, 2024
Share Credit Date February 27, 2024
Listing Date February 28, 2024

 

#6. Juniper Hotels IPO Offer Details

Juniper Hotels IPO’s total issue size is 50,000,000 shares, comprising the below-mentioned categories. 

Offer Category Shares Offer Amount (Crore)
Fresh Issue 50,000,000 1,800.00
Offer for Sale (OFS) – –

 

#7. Juniper Hotels Financials Overview (Crore)

The following table sets forth the summary of financial information of the company for the financial year ending March 31, 2023, 2022, and 2021.

Category (Rs.) March 31, 2023 March 31, 2022 March 31, 2021
Total Revenue 717.29 343.76 192.85
Net Worth 354.51 356.37 543.90
Profit -1.50 -188.03 -199.49
Total Borrowings 2,045.61 2,121.81 1,830.48

 

#8. Juniper Hotels Quantitative Factors 

The following table sets forth the summary of financial information of the company for the financial year ending March 31, 2023, 2022, and 2021.

Category March 31, 2023 March 31, 2022 March 31, 2021
EPS (Rs.) -0.10 -13.08 -13.88
RoNW (%) -0.42 -52.76 -36.68
NAV (Rs.) 24.67 – –

 

#9. Juniper Hotels Comparison with Other Peer Companies (Top 2)

Listed companies in India are comparable in all aspects of the business. 

Company Names Total Revenue 

(Rs. in millions)

 RoNW (%) NAV (Rs.)
Chalet Hotels Limited 11,284.67 11.89 75.19
Lemon Tree Hotels Limited 8,749.90 9.94 17.86

 

#10. Juniper Hotels Company Promoters 

The company has four promoters as per the Draft Red Herring Prospectus (DRHP) and Red Herring Prospectus (RHP). 

Sr. No. Name of Promoters
01. Arun Kumar Saraf
02. Saraf Hotels Limited
03. Two Seas Holdings Limited
04. Juniper Investments Limited

 

#11. Juniper Hotels Pre-offer and Post-Offer Promoters Shareholding

Promoters Holding Percentage (%)
Pre-issue  100.00
Post-issue 77.53

 

#12. Juniper Hotels IPO Reservation Details

Juniper Hotels IPO total reservation shares are distributed between the below-mentioned categories. 

Category Share Offered
Retail Shares Offered 5,000,000 (10.00%)
QIB Shares Offered 15,000,000 (30.00%)
NII (HNI) Shares Offered  7,500,000 (15.00%)
Anchor Investor Shares Offered 22,500,000 (45.00%)
bNII>Rs.10L 5,000,000 (10.00%)
sNII<Rs.10L 2,500,000 (10.00%)
Total Shares Offered 50,000,000 (100%)

 

#13. Juniper Hotels  IPO – Lot Size

An investor can apply for a minimum of 40 Shares in multiple thereof. Market lot sizes for the retail individual investors and non-institutional investor (NII)/ HNI investors are as follows:

Application Lot Size No. of Shares Amount (Rs.)
Retail (Min.) 1 40 14,400
Retail (Max.) 13 520 187,200
S-HNI (Min.) 14 560 201,600
S-HNI (Man.) 69 2,760 993,660
B-HNI (Min.) 70 2,800 1,008,000

 

#14. Juniper Hotels IPO – Prospectus Copy

An investor can download/view the Juniper Hotels prospectus copy, which the company filed to exchange, details are as follows. 

Juniper Hotels IPO Prospectus
Draft Red Herring Prospectus (DRHP)
Red Herring Prospectus (RHP)

 

#15. Juniper Hotels IPO Registrar 

ICICI Securities Limited

Phone No.: +91-22-68077100

E-Mail: juniperhotels.ipo@icicisecurities.com

Website: www.icicisecurities.com

#16. Juniper Hotels IPO Lead Manager

  1. JM Financial Limited
  2. CLSA India Private Limited

#17. Juniper Hotels IPO Application (How to Apply for an IPO)

There are three primary options for applying for a Juniper Hotels  IPO, details are as follows: 

Option-1 Apply for IPO through Internet Banking

Step-1. Log into your bank account.

Step-2. In the invest Tab, you will see ASBA, click on it.

Step-3. Choose to apply for IPO and select the ongoing IPO “Juniper Hotels    Limited”

Step-4. Enter the basic details like bid quantity, price, PAN, etc. then proceed with payment. 

Step-5. After the above steps, the respective amount will get blocked until the allotment date, and after that, it will get a refund/debited in case of rejection/allotment respectively. 

Option-2 Apply for IPO through a Broker firm

Step-1. Log into your broker account (e.g. Upstox/Zerodha etc.)

Step-2. Click on the IPO tab and select the ongoing IPO “Juniper Hotels    Limited”

Step-3. Enter the basic details like bid quantity, price, PAN, etc. then enter UPI ID and proceed with payment.

Step-4. Your funds will get blocked, and once shares have been allotted to you, the respective amount will be debited from your account or refunded if no allotment is made to you. 

Option-3 Apply for IPO Offline Mode Bank mode

Step-1. Visit the nearest branch of your bank.

Step-2. Fill out the ASBA form and submit it with KYC details. 

Step-3. Your funds will get blocked, and once shares have been allotted to you, the respective amount will be debited from your bank account or refunded if no allotment is made to you. 

#18. Juniper Hotels Company Details

Juniper Hotels Limited 

Registered Office: Off Western Express Highway, Santacruz East, Mumbai 400055, Maharashtra, India

Phone No: +91-22-66761000

Email: complianceofficer@juniperhotels.com

Website: www.juniperhotels.com

Investor Grievances/Compliance Officer: Sandeep L. Joshi

#19. Juniper Hotels Subsidiary Companies (Top 2)

Sr.No. Name of Companies (Indian)
01. Chartered Hotels Private Limited
02. –

 

#20. Juniper Hotels Company Board (Top 2)

Sr. No. Name of Directors
01. Arun Kumar Saraf
02. Namita Saraf

 

Juniper Hotels  IPO – Frequently Asked Questions (FAQs)

#1. What is a Juniper Hotels IPO?

Juniper Hotels brings its IPO of Rs.1,800.00 Crore, on February 21, 2024, with a price band of Rs.342 to Rs.360 per share.

 

#2. What is the Juniper Hotels IPO Open date?

Juniper Hotels  IPO’s opening date is February 21, 2024.

 

#3. What is the Juniper Hotels IPO Close Date?

Juniper Hotels  IPO’s closing date is February 23, 2024.

 

#4. What is the Juniper Hotels IPO Listing date?

Juniper Hotels’s IPO listing date is February 28, 2024.

 

#5. What is the Juniper Hotels IPO Minimum investment amount?

Juniper Hotels IPO’s minimum investment amount is Rs. 14,400.

 

#6. What is the Juniper Hotels IPO offer issue Size?

Juniper Hotels offers an issue size of Rs.1,800.00 Crore.

 

#7. What is the Juniper Hotels IPO Price Band?

Juniper Hotels’s IPO price band is Rs.342 to Rs.360 per share.

 

#8. Is Juniper Hotels IPO mainboard IPO or SME IPO?

Juniper Hotels IPO is a Mainboard IPO.

 

126 thoughts on “Juniper Hotels IPO Dates, Price Band, Rating, GMP, Analysis, and Allotment Details 2024”

  3. After study a few of the blog posts on your website now, and I truly like your way of blogging. I bookmarked it to my bookmark website list and will be checking back soon. Pls check out my web site as well and let me know what you think.

    Reply

  4. Good website! I really love how it is easy on my eyes and the data are well written. I am wondering how I might be notified when a new post has been made. I have subscribed to your RSS feed which must do the trick! Have a nice day!

    Reply

  9. I cling on to listening to the news broadcast talk about receiving boundless online grant applications so I have been looking around for the finest site to get one. Could you tell me please, where could i find some?

    Reply

  11. What¦s Taking place i’m new to this, I stumbled upon this I have found It absolutely helpful and it has helped me out loads. I hope to contribute & help different customers like its aided me. Great job.

    Reply

  12. Thank you for the sensible critique. Me and my neighbor were just preparing to do a little research on this. We got a grab a book from our local library but I think I learned more from this post. I’m very glad to see such excellent info being shared freely out there.

    Reply

  16. My developer is trying to convince me to move to .net from PHP. I have always disliked the idea because of the costs. But he’s tryiong none the less. I’ve been using Movable-type on a variety of websites for about a year and am anxious about switching to another platform. I have heard good things about blogengine.net. Is there a way I can transfer all my wordpress content into it? Any help would be greatly appreciated!

    Reply

  22. Unquestionably consider that which you stated. Your favourite reason seemed to be at the internet the simplest factor to remember of. I say to you, I certainly get irked while other people consider issues that they just don’t know about. You controlled to hit the nail upon the highest and defined out the entire thing with no need side-effects , other people can take a signal. Will likely be again to get more. Thank you

    Reply

  23. Good blog! I really love how it is simple on my eyes and the data are well written. I am wondering how I might be notified when a new post has been made. I’ve subscribed to your RSS which must do the trick! Have a great day!

    Reply

  24. obviously like your web site but you have to test the spelling on several of your posts. Several of them are rife with spelling problems and I find it very bothersome to tell the reality on the other hand I will surely come back again.

    Reply

Leave a Comment

IPO Deliver is a platform to deliver the detailed information to the investors about the upcoming and current Initial Public Offering (IPO) and related things.

"If you don't find a way to make money while you sleep, you will work until you die."

Warren Buffett

Useful Links

BSE

NSE

Globe Capital Maket Ltd.

Business Registration

Privacy Policy                                  

Terms & Condition                          

About Us                                                

Contact Us                                       

Disclaimer: Stock Market investments are subject to market risks, read all scheme related documents carefully before investing. All the information provided on our website is for education/knowledge purpose only. We do not claim any facts, and figure mentioned here. We advise investors to check with certified experts before making any investment decisions.