Juniper Hotels Limited
Live Updates, GMP, Subscription Data, and Financial Details
IPO Overview
Listed
Dates
Feb 21 to FEB 23, 2024
Price Band
₹342-360
Current GMP
₹365 (1.39%)
Subscription
2.18 times
IPO Details
| IPO Date | February 21, 2024 to February 23, 2024 |
| Listing Date | Wednesday, February 28, 2024 |
| Face Value | ₹10 per share |
| Price Band | ₹342 to ₹360 per share |
| Lot Size | 40 Shares |
| Total Issue Size | 50,000,000 shares (aggregating up to ₹1,800.00 Cr) |
| Fresh Issue | 50,000,000 shares (aggregating up to ₹1,800.00 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE, NSE |
| Share holding pre issue | 172,502,384 |
| Share holding post issue | 222,502,384 |
IPO Date
February 21, 2024 to February 23, 2024
Listing Date
Wednesday, February 28, 2024
Face Value
₹10 per share
Price Band
₹342 to ₹360 per share
Lot Size
40 Shares
Total Issue Size
50,000,000 shares (aggregating up to ₹1,800.00 Cr)
Fresh Issue
50,000,000 shares (aggregating up to ₹1,800.00 Cr)
Issue Type
Book Built Issue IPO
Listing At
BSE, NSE
Share holding pre issue
172,502,384
Share holding post issue
222,502,384
IPO Subscription Details
| Anchor Investors | 1 |
| Qualified Institutions | 3.11 |
| Non-Institutional Buyers | 0.89 |
| bNII (bids above ₹10L) | 1.08 |
| sNII (bids below ₹10L) | 0.50 |
| Retail Investors | 1.31 |
| Total ** | 2.18 |
Anchor Investors
1
Qualified Institutions
3.11
Non-Institutional Buyers
0.89
bNII (bids above ₹10L)
1.08
sNII (bids below ₹10L)
0.50
Retail Investors
1.31
Total **
2.18
Day Wise Sub
| Day | QIB | NII | Retail | Total |
|---|---|---|---|---|
| Day 1 Feb 21, 2024 | 0.00 | 0.07 | 0.57 | 0.12 |
| Day 2 Feb 22, 2024 | 0.06 | 0.15 | 0.93 | 0.24 |
| Day 3 Feb 23, 2024 | 3.11 | 0.89 | 1.31 | 2.18 |
DayDay 1
Feb 21, 2024
QIB0.00
NII0.07
Retail0.57
Total0.12
DayDay 2
Feb 22, 2024
QIB0.06
NII0.15
Retail0.93
Total0.24
DayDay 3
Feb 23, 2024
QIB3.11
NII0.89
Retail1.31
Total2.18
Day Wise GMP
| Date | Price | GMP | Estimate List Price |
|---|---|---|---|
| 28-02-2024 | 360.00 | 0 (0%) | 360 |
| 27-02-2024 | 360.00 | 0 (0%) | 360 |
| 26-02-2024 | 360.00 | 0 (0%) | 360 |
| 25-02-2024 | 360.00 | 0 (0%) | 360 |
| 24-02-2024 | 360.00 | 0 (0%) | 360 |
| 23-02-2024 | 360.00 | 2 (0.56%) | 362 |
| 22-02-2024 | 360.00 | 3 (0.83%) | 363 |
| 21-02-2024 | 360.00 | 5 (1.39%) | 365 |
| 20-02-2024 | 360.00 | 8 (2.22%) | 368 |
| 19-02-2024 | 360.00 | 5 (1.39%) | 365 |
| 18-02-2024 | 360.00 | 10 (2.78%) | 370 |
| 17-02-2024 | 360.00 | 10 (2.78%) | 370 |
| 16-02-2024 | 360.00 | 10 (2.78%) | 370 |
| 15-02-2024 | 360.00 | 0 (0%) | 360 |
Date28-02-2024
Price360.00
GMP0 (0%)
Estimate List Price360
Date27-02-2024
Price360.00
GMP0 (0%)
Estimate List Price360
Date26-02-2024
Price360.00
GMP0 (0%)
Estimate List Price360
Date25-02-2024
Price360.00
GMP0 (0%)
Estimate List Price360
Date24-02-2024
Price360.00
GMP0 (0%)
Estimate List Price360
Date23-02-2024
Price360.00
GMP2 (0.56%)
Estimate List Price362
Date22-02-2024
Price360.00
GMP3 (0.83%)
Estimate List Price363
Date21-02-2024
Price360.00
GMP5 (1.39%)
Estimate List Price365
Date20-02-2024
Price360.00
GMP8 (2.22%)
Estimate List Price368
Date19-02-2024
Price360.00
GMP5 (1.39%)
Estimate List Price365
Date18-02-2024
Price360.00
GMP10 (2.78%)
Estimate List Price370
Date17-02-2024
Price360.00
GMP10 (2.78%)
Estimate List Price370
Date16-02-2024
Price360.00
GMP10 (2.78%)
Estimate List Price370
Date15-02-2024
Price360.00
GMP0 (0%)
Estimate List Price360
IPO Important Dates
| IPO Open Date | Wednesday, February 21, 2024 |
| IPO Close Date | Friday, February 23, 2024 |
| Basis of Allotment | Monday, February 26, 2024 |
| Initiation of Refunds | Tuesday, February 27, 2024 |
| Credit of Shares to Demat | Tuesday, February 27, 2024 |
| Listing Date | Wednesday, February 28, 2024 |
| Cut-off time for UPI mandate confirmation | 5 PM on February 23, 2024 |
IPO Open Date
Wednesday, February 21, 2024
IPO Close Date
Friday, February 23, 2024
Basis of Allotment
Monday, February 26, 2024
Initiation of Refunds
Tuesday, February 27, 2024
Credit of Shares to Demat
Tuesday, February 27, 2024
Listing Date
Wednesday, February 28, 2024
Cut-off time for UPI mandate confirmation
5 PM on February 23, 2024
IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 40 | ₹14,400 |
| Retail (Max) | 13 | 520 | ₹187,200 |
| S-HNI (Min) | 14 | 560 | ₹201,600 |
| S-HNI (Max) | 69 | 2,760 | ₹993,600 |
| B-HNI (Min) | 70 | 2,800 | ₹1,008,000 |
ApplicationRetail (Min)
Lots1
Shares40
Amount₹14,400
ApplicationRetail (Max)
Lots13
Shares520
Amount₹187,200
ApplicationS-HNI (Min)
Lots14
Shares560
Amount₹201,600
ApplicationS-HNI (Max)
Lots69
Shares2,760
Amount₹993,600
ApplicationB-HNI (Min)
Lots70
Shares2,800
Amount₹1,008,000
Financial Information
| Period Ended | 30 Sep 2023 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|
| Period Ended | 30 Sep 2023 | 31 Mar 2023 | 31 Mar 2022 |
| Assets | 3,837.83 | 3,020.27 | 3,069.86 |
| Revenue | 337.43 | 717.29 | 343.76 |
| Profit After Tax | -26.50 | -1.50 | -188.03 |
| Net Worth | 859.67 | 354.51 | 356.37 |
| Reserves and Surplus | 687.17 | 210.81 | 212.67 |
| Total Borrowing | 2,252.75 | 2,045.61 | 2,121.81 |
Period EndedPeriod Ended
30 Sep 202330 Sep 2023
31 Mar 202331 Mar 2023
31 Mar 202231 Mar 2022
Period EndedAssets
30 Sep 20233,837.83
31 Mar 20233,020.27
31 Mar 20223,069.86
Period EndedRevenue
30 Sep 2023337.43
31 Mar 2023717.29
31 Mar 2022343.76
Period EndedProfit After Tax
30 Sep 2023-26.50
31 Mar 2023-1.50
31 Mar 2022-188.03
Period EndedNet Worth
30 Sep 2023859.67
31 Mar 2023354.51
31 Mar 2022356.37
Period EndedReserves and Surplus
30 Sep 2023687.17
31 Mar 2023210.81
31 Mar 2022212.67
Period EndedTotal Borrowing
30 Sep 20232,252.75
31 Mar 20232,045.61
31 Mar 20222,121.81
IPO Reservation
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | 22,500,000 (45.00%) | NA |
| QIB Shares Offered | 15,000,000 (30.00%) | NA |
| NII (HNI) Shares Offered | 7,500,000 (15.00%) | |
| bNII > ₹10L | 5,000,000 (10.00%) | 8,928 |
| sNII < ₹10L | 2,500,000 (5.00%) | 4,464 |
| Retail Shares Offered | 5,000,000 (10.00%) | 125,000 |
| Total Shares Offered | 50,000,000 (100%) |
Investor CategoryAnchor Investor Shares Offered
Shares Offered22,500,000 (45.00%)
Maximum AllotteesNA
Investor CategoryQIB Shares Offered
Shares Offered15,000,000 (30.00%)
Maximum AllotteesNA
Investor CategoryNII (HNI) Shares Offered
Shares Offered7,500,000 (15.00%)
Maximum Allottees
Investor CategorybNII > ₹10L
Shares Offered5,000,000 (10.00%)
Maximum Allottees8,928
Investor CategorysNII < ₹10L
Shares Offered2,500,000 (5.00%)
Maximum Allottees4,464
Investor CategoryRetail Shares Offered
Shares Offered5,000,000 (10.00%)
Maximum Allottees125,000
Investor CategoryTotal Shares Offered
Shares Offered50,000,000 (100%)
Maximum Allottees
Information about company
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 â¹1,663.51M in Fiscal 2021 to â¹3,086.89M in Fiscal 2022 and â¹6,668.54M 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.
Disclaimer
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