/ 40 Shares
21-Feb-2024 - 23-Feb-2024
₹ 342 - ₹ 360
₹ 14400.00
40
50,000,000
Face Value - ₹ 10/- Per Share
Listing at NSE BSE
125,000 Application Required in Retail for 1 Time.
Registrar : KFin Technologies Limited
Fresh Issue of Equity Shares aggregating upto Rs.1,800 Crore
Category | % | Shares/Amount |
---|---|---|
QIB | 75% | 37,500,000 Shares Rs.1350.00 Cr |
HNI 1 | 5% | 2,500,000 Shares Rs.90.00 Cr @ 4464 Form 1X |
HNI 2 | 10% | 5,000,000 Shares Rs.180.00 Cr @ 8929 Form 1X |
Retail | 10% | 5,000,000 Shares Rs.180.00 Cr @ 125000 Form 1X |
JM Financial Ltd, CLSA India Pvt. Ltd, ICICI Securities Ltd
Retail (Upto 2 Lakh) | HNI (2 Lakh to 10 Lakh) | HNI (Above 10 Lakh) |
---|---|---|
125000 Form 1X | 4464 Form 1X | 8929 Form 1X |
Category | Lots | Shares | Amount |
---|---|---|---|
Retail (Upto 2 Lakh) | 1 | 40 | ₹ 14,400 |
Retail (Upto 2 Lakh) | 13 | 520 | ₹ 187,200 |
S-HNI (2 Lakh to 10 Lakh) | 14 | 560 | ₹ 201,600 |
S-HNI (2 Lakh to 10 Lakh) | 69 | 2760 | ₹ 993,600 |
B-HNI (Above 10 Lakh) | 70 | 2800 | ₹ 1,008,000 |
23-Feb-2024 16:42
Category | Book Size | Subscription | No. of Times |
---|---|---|---|
QIB | 15,000,000 ₹ 540.00 Cr. | 46,711,200 ₹ 1681.60 Cr. | 3.11x |
HNI (<10 LAKH) | 2,500,000 ₹ 90.00 Cr. | 1,240,320 ₹ 44.65 Cr. | 0.50x |
HNI2 (>10 LAKH) | 5,000,000 ₹ 180.00 Cr. | 5,415,720 ₹ 194.97 Cr. | 1.08x |
RETAIL | 5,000,000 ₹ 180.00 Cr. | 6,494,120 ₹ 233.79 Cr. | 1.30x |
Total | 27,500,000 | 59,861,360 | 2.18x |
Category | Book Size | Subscription | No. of Times |
---|---|---|---|
QIB | 15,000,000 ₹ 540.00 Cr. | 46,711,200 ₹ 1681.60 Cr. | 3.11x |
HNI (<10 LAKH) | 2,500,000 ₹ 90.00 Cr. | 1,240,320 ₹ 44.65 Cr. | 0.50x |
HNI2 (>10 LAKH) | 5,000,000 ₹ 180.00 Cr. | 5,415,720 ₹ 194.97 Cr. | 1.08x |
RETAIL | 5,000,000 ₹ 180.00 Cr. | 6,494,120 ₹ 233.79 Cr. | 1.30x |
Total | 27,500,000 | 59,861,360 | 2.18x |
*Excluding Anchor
Total No. of Application Approx : ~119591 (0.96 Appwise)
Disclaimer: The above-mentioned information / data are sourced from the websites of National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) and are subject to change on real time basis. For updated information / data you can visit their respective website. The information / data provided herein above are for information purpose only and provided "AS IS" and "AS AVAILABLE" basis and without warranty, express or implied. We do not guarantee or warrant the accuracy, adequacy or completeness of the information received through the said websites. “We” hold not responsibility of any kind as regard to any discrepancies, errors, omissions, losses or damages. “We” including its affiliates and any of its officers, directors, personnel and employees, shall not liable for any loss, damage of any nature, including but not limited to direct, indirect, punitive, special, exemplary, consequential, as also any loss of profit in any way arising from the use of information / data received through the said websites. The recipient alone shall be fully responsible / are liable for any decision taken on the basis of such information / data. All recipients should before acting upon the said information make their own investigation, seek appropriate professional advice.
Juniper Hotels is a luxury hotel development and ownership company and is jointly held by Saraf Hotels and its affiliate, Juniper Investments and Two Seas Holdings (an indirect subsidiary of HHC- Hyatt Hotels Corporation). Juniper Hotels is the largest owner, by number of Keys of “Hyatt” affiliated hotels in India as of September 30, 2023. The company has a portfolio of 7 hotels and serviced apartments and operates a total of 1,836 keys.
Juniper Hotels is the only hotel development company in India with which Hyatt has a strategic investment. Juniper Hotels own 19.6% of Hyatt group affiliated hotel rooms and apartments in India as on September 30, 2023.
The company’s network is spread over 1.33 million sq. ft. in land area, across seven hotels and serviced apartments are located across six cities in India, comprising established metro cities, emerging business destinations and upcoming tourist destinations, providing guest and geographic diversification.
The company’s hotels and serviced apartments are classified under three distinct segments: (a) luxury – the Grand Hyatt Mumbai Hotel and Residences and Andaz Delhi; (b) upper upscale – the Hyatt Delhi Residences, Hyatt Regency Ahmedabad, Hyatt Regency Lucknow, and Hyatt Raipur; and (c) upscale – Hyatt Place Hampi.
The company’s promoters and Hyatt have had a longstanding relationship of over 40 years. Out of the 8 Hyatt brands present in India Juniper Hotels has entered into trademark license agreements in relation to 5 such global brands, namely, “Hyatt”, “Grand Hyatt”, “Hyatt Regency”, “Hyatt Place” and “Andaz”.
Juniper Hotel’s ARR increased to ? 9,875.12 in Fiscal 2023 from ? 5,656.77 in Fiscal 2021 and the Average Occupancy increased to 75.74% in Fiscal 2023 from 34.23% in Fiscal 2021. In the six months ended September 30, 2023, and September 30, 2022, the company’s ARR was ?10,139.85 and ? 8,817.95, respectively.
The company plans to develop (a) a commercial space of ~54,000 sq. ft (built-up) and (b) ~96,583 sq. ft. mixed-use space, on land which is adjacent to the Grand Hyatt Mumbai Hotel and Residences. Additionally, it owns 2 plots of land measuring 73,195 sq. ft. and 17,179 sq. ft. through its company CHPL (acquired in on September 20, 2023), which it plans to assess the opportunity for an appropriate real estate development.
Competitive Strength
Business Strategies
Continue to improve efficiencies including by enhancing utilization of space with a view to increase revenues.
Arun Kumar Saraf is one of the Promoters and the Chairman and Managing Director of the Company. Namita Saraf is a Non-Executive Director of the Company. David Peters is a Non-Executive Director of the Company. Elton Tze Tung Wong is a Non-Executive Director of the Company. Pallavi Shardul Shroff is an Independent Director of the Company. Sunil Mehta is an Independent Director of the Company. Rajiv Kaul is an Independent Director of the Company. Avali Srinivasan is an Independent Director
uniper Hotels Limited's revenue increased by 108.66% and profit after tax (PAT) rose by 99.2% between the financial year ending with March 31, 2023 and March 31, 2022.
Period Ended | 30 Sep 2023 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
Assets | 3,837.83 | 3,020.27 | 3,069.86 | 3,055.54 |
Revenue | 337.43 | 717.29 | 343.76 | 192.85 |
Profit After Tax | -26.50 | -1.50 | -188.03 | -199.49 |
Net Worth | 859.67 | 354.51 | 356.37 | 543.90 |
Reserves and Surplus | 687.17 | 210.81 | 212.67 | 400.20 |
Total Borrowing | 2,252.75 | 2,045.61 | 2,121.81 | 1,830.48 |
Amount in ? Crore |
The net proceeds of the Issue, i.e., gross proceeds of the Issue less the Issue related expenses are proposed to be utilised in the following manner:
1. Repayment/ prepayment/ redemption, in full or in part, of certain outstanding borrowings availed by the Company and its recent acquisitions, namely CHPL and CHHPL; and
2. General corporate purposes.
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