About Jungle Camps India IPO
The Jungle Camps India IPO is a book-built issue aiming to raise ₹29.42 crores entirely through a fresh issuance of 40.86 lakh shares. Scheduled to open for subscription from 10th December 2024 to 12th December 2024, the allotment finalisation is expected on 13th December 2024, with the shares tentatively listing on the BSE SME platform on 17th December 2024.
Jungle Camps India IPO has a price band of ₹68 to ₹72 per share, with a minimum lot size of 1,600 shares. Retail investors must invest at least ₹1,15,200, while high-net-worth individuals (HNIs) must apply for a minimum of two lots (3,200 shares), requiring an investment of ₹2,30,400.
Khambatta Securities Limited serves as the book-running lead manager for the IPO, Skyline Financial Services Private Ltd is the registrar, and Nikunj Stock Brokers is the market maker.
Industry Outlook
- India’s travel and tourism industry is projected to reach a market size of US$ 512 billion by 2028, driving significant economic growth and job creation.
- By FY27, the Indian hotel market is expected to grow from US$ 32 billion in FY20 to US$ 52 billion, fueled by increased demand and tourism development.
Jungle Camps India IPO Objectives
The company plans to allocate the net proceeds from the issuance to the following purposes:
- To meet capital expenditure for the project development at Sanjay Dubri National Park, Madhya Pradesh.
- To meet capital expenditure for renovation of existing resort Pench Jungle Camp, at Pench National Park, Madhya Pradesh.
- Investment in the Subsidiary, Madhuvan Hospitality Private Limited (“MHPL”) in relation to capital expenditure for the project development at Mathura Hotel Project, Mathura, Uttar Pardesh.
- General Corporate Purposes.
About Jungle Camps India Limited
Established in 2002, Jungle Camps India is a conservation-focused hospitality group offering a diverse range of services, including wildlife camps, boutique resorts, motels, guest houses, holiday homes, restaurants, and catering services across India.
Renowned for its commitment to preserving natural habitats, the company manages four award-winning luxury resorts located within prominent tiger reserves and wildlife sanctuaries in central India. These include Pench Jungle Camp (Madhya Pradesh), Rukhad Jungle Camp (Madhya Pradesh), Tadoba Jungle Camp (Maharashtra), and Jungle Camp Kanha (Madhya Pradesh).
The company also operates two highway retreats—Bison Highway Retreat and Midway Treat—which serve as motels and dining venues in Madhya Pradesh. Jungle Camps India provides 87 accommodation options, including villas, cottages, deluxe rooms, and safari tents, complemented by premium amenities such as banquet halls, restaurants, swimming pools, and spa facilities.
With a workforce of 162 employees, the company delivers exceptional, eco-friendly travel experiences tailored to diverse traveller preferences.
How To Check the Allotment Status of the Jungle Camps India IPO?
Steps to check IPO allotment status on Angel One’s app:
- Log in to the Angel One app.
- Go to the IPO Section and then to IPO Orders.
- Select the individual IPO that you had applied for and check the allotment status.
- Angel One will notify you of your IPO allotment status via push notification and email.
How to apply for Jungle Camps India IPO online?
- Login to Your Angel One Account: Open the Angel One app or website and log in with your credentials.
- Locate the IPO Section: Navigate to the ‘IPO’ section on the platform.
- Select IPO: Find and select the Jungle Camps India IPO from the list of open IPOs.
- Enter the Lot Size: Specify the number of lots you want to bid for.
- Submit Your UPI ID: Enter your UPI ID to link your payment method and submit your application.
- Approve Funds: Once you receive the bid request on your UPI app, approve it by entering your UPI PIN.
Contact Details of Jungle Camps India IPO
Registered office: 221-222/9, 2nd Floor, Som Dutt Chamber-II, Bhikaji Cama Place, New Delhi-110066, India
Phone: +91-011-41749354
E-mail: legal@junglecampsindia.com
Jungle Camps India IPO Reservation
|
Investor Category |
Shares Offered |
|
QIB Shares Offered |
Not more than 50.00% of the Net offer |
|
Retail Shares Offered |
Not less than 35.00% of the Net Issue |
|
NII (HNI) Shares Offered |
Not less than 15.00% of the Net Issue |
Jungle Camps India IPO Lot Size
|
Application |
Lots |
Shares |
Amount |
|
Retail (Min) |
1 |
1,600 |
₹1,15,200 |
|
Retail (Max) |
1 |
1,600 |
₹1,15,200 |
|
HNI (Min) |
2 |
3,200 |
₹2,30,400 |
Jungle Camps India IPO Promoter Holding
The promoter of the company is Chandhrasekharan Trirupathi Venkatachalam
|
Share Holding Pre-Issue |
94.57% |
|
Share Holding Post Issue |
– |
Key Performance Indicators for Jungle Camps India IPO
As of June 30, 2024, the market capitalisation of Jungle Camps India stands at ₹111.59 crore. Here are the KPIs of Jungle Camps India as of June 30, 2024.
|
KPI |
Value |
|
ROE |
20.01% |
|
ROCE |
24.75% |
|
Debt/Equity |
0.23 |
|
RoNW |
20.01 |
|
P/BV |
2.71 |
|
PAT Margin (%) |
20.54 |
| Metric | Pre IPO | Post IPO |
|---|---|---|
| EPS (Rs) | 3.15 | 2.32 |
| P/E (x) | 22.88 | 31.07 |
Note:
- The Pre-IPO EPS is derived using the pre-issue shareholding as of the date specified in the Red Herring Prospectus (RHP) and the most recent fiscal year’s earnings ending 31st March 2024, as disclosed in the RHP.
- The Post-IPO EPS is calculated based on the post-issue shareholding structure and the annualised earnings for the fiscal year ending 31st March 2024, as outlined in the RHP.
Jungle Camps India IPO Prospectus
Jungle Camps India IPO Registrar and Lead Managers
Jungle Camps India IPO Lead Managers
GYR Capital Advisors Private Limited
Registrar for Jungle Camps India IPO
Skyline Financial Services Private Ltd
- Contact Number: 02228511022
- Email Address: ipo@bigshareonline.com
Website: Jungle Camps India IPO Registrar
Dec 10, 2024
₹68 – ₹72
₹1,15,200
₹29.42 Cr
Dec 13, 2024
Dec 16, 2024
Dec 16, 2024
Dec 17, 2024
Dec 12, 2024