Bookbuilding IPO | ₹29 Cr | Listed at BSE SME | Tue, Dec 10, 2024 - Thu, Dec 12, 2024
Jungle Camps IPO is a book build issue of ₹29.42 crores. The issue is entirely a fresh issue of 0.41 crore shares of ₹29.42 crore.
Jungle Camps IPO bidding started from Dec 10, 2024 and ended on Dec 12, 2024. The allotment for Jungle Camps IPO was finalized on Dec 13, 2024. The shares got listed on BSE SME on Dec 17, 2024.
Jungle Camps IPO price band is set at ₹72 per share. The lot size for an application is 1,600. The minimum amount of investment required by an retail is ₹1,15,200 (1600 shares) (based on upper price). The minimum lot size for investment in HNI is 2 lots (3,200 shares), amounting to ₹2,30,400.
Khambatta Securities Ltd. is the book running lead manager and Skyline Financial Services Pvt.Ltd. is the registrar of the issue. The Market Maker of the company is Nikunj Stock Brokers Ltd..
Refer to Jungle Camps IPO RHP for detailed Information.
IPO Open
Tue, Dec 10, 2024
IPO Close
Thu, Dec 12, 2024
Issue Price
₹72 per share
Market Cap (Pre-IPO)
₹111.59 Cr
| IPO Date | 10 to 12 Dec, 2024 |
| Listed on | Tue, Dec 17, 2024 |
| Face Value | ₹10 per share |
| Price Band | ₹68 to ₹72 |
| Issue Price | ₹72 per share |
| Lot Size | 1,600 Shares |
| Sale Type | Fresh capital only |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE SME |
| Total Issue Size | 40,86,400 shares (agg. up to ₹29 Cr) |
| Reserved for Market Maker | 2,04,800 shares Nikunj Stock Brokers Ltd. (agg. up to ₹1 Cr) |
| Fresh Issue (Ex Market Maker) | 38,81,600 shares (agg. up to ₹28 Cr) |
| Net Offered to Public | 38,81,600 shares (agg. up to ₹28 Cr) |
| Share Holding Pre Issue | 1,14,12,072 shares |
| Share Holding Post Issue | 1,54,98,472 shares |
| BSE Script Code | 544304 |
| ISIN | INE0WCH01015 |
Jungle Camps IPO comprises a total issue size of 40,86,400 shares. The net offer to the public is 38,81,600 shares, after excluding 2,04,800 shares allotted on a firm basis. Of the Net offer 19,39,200 (49.96%) are allocated to QIB, 5,82,400 (15.00%) allocated to NII 13,60,000 (35.04%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue |
|---|---|---|---|
| QIB Shares Offered | 19,39,200 | 49.96% | 47.45% |
| − Anchor Investor Shares Offered | 11,63,200 | 28.47% | |
| − QIB (Ex. Anchor) Shares Offered | 7,76,000 | 18.99% | |
| NII (HNI) Shares Offered | 5,82,400 | 15.00% | 14.25% |
| Retail Shares Offered | 13,60,000 | 35.04% | 33.28% |
| Firm Reservations | |||
| Market Maker Shares Offered | 2,04,800 | 5.01% | |
| Total Shares Offered | 40,86,400 | 100.00% | 100.00% |
Investors can bid for a minimum of 1,600 shares and in multiples thereof.
| 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 IPO raises ₹8.38 crore from anchor investors. Jungle Camps IPO Anchor bid date is December 9, 2024.
📝 Anchor Investors Letter (PDF)
| Bid Date | Mon, Dec 9, 2024 |
| Shares Offered | 11,63,200 |
| Anchor Portion (₹ Cr.) | 8.38 |
| Anchor lock-in period end date for 50% shares (30 Days) | Mon, Jan 13, 2025 |
| Anchor lock-in period end date for remaining shares (90 Days) | Sat, Mar 15, 2025 |
Incorporated in 2002, Jungle Camps India operates wildlife camps and hotels, motels, inns, guest houses, holiday homes, health clubs, catering houses, and restaurants in India.
The company is a conservation-focused hospitality group that operates four award-winning boutique resorts in prime wildlife and tiger reserve national parks across central India. In addition to these resorts, the group manages a highway retreat and a restaurant and offers a variety of customized travel experiences.
The company owns and operates 87 rooms, including villas, cottages, deluxe rooms, and safari tents. Its amenities include banquet halls, meeting rooms, restaurants, bars, cafes, swimming pools, and spa facilities.
The Group owns and operates boutique luxury wilderness resorts at these four locations:
The Group operates two highway venues:
The company has a total of 162 employees.
Competitive Strengths:
| Period Ended | 30 Jun 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| Assets | 29.57 | 29.43 | 18.41 | 18.92 |
| Total Income | 5.72 | 18.11 | 11.25 | 7.81 |
| Profit After Tax | 1.10 | 3.59 | 0.45 | 0.73 |
| NET Worth | 18.78 | 17.95 | 9.30 | 7.04 |
| Reserves and Surplus | 7.99 | 11.20 | 7.18 | 5.47 |
| Total Borrowing | 4.02 | 4.10 | 3.18 | 3.91 |
| Amount in ₹ Crore | ||||
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | To meet capital expenditure for the project development at Sanjay Dubri National Park, Madhya Pradesh. | 7.00 |
| 2 | To meet capital expenditure for renovation of existing resort Pench Jungle Camp, at Pench National Park, Madhya Pradesh | 3.50 |
| 3 | Investment in our Subsidiary, Madhuvan Hospitality Private Limited (“MHPL”) in relation to capital expenditure for the project development at Mathura Hotel Project, Mathura, Uttar Pardesh. | 11.50 |
| 4 | General Corporate Purposes | 5.92 |
| KPI | Mar 31, 2024 |
|---|---|
| ROE | 20.01% |
| ROCE | 24.75% |
| Debt/Equity | 0.23 |
| RoNW | 20.01% |
| PAT Margin | 20.54% |
| Price to Book Value | 2.71 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (₹) | 3.15 | 2.32 |
| P/E (x) | 22.88 | 31.07 |
| Promoter Holding | 94.57% | 69.63% |
| Market Cap | ₹111.59 Cr. |
The Jungle Camps India IPO is subscribed 494.58 times on December 12, 2024 6:19:08 PM (Day 3). The public issue subscribed 551.2 times in the retail category, 196.52 times in the QIB category, and 760.48 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) | Shares Offered | Shares bid for | Total Application |
|---|---|---|---|---|
| QIB | 196.52 | 7,77,600 | 15,28,12,800 | 101 |
| NII* | 760.48 | 5,82,400 | 44,29,04,000 | 23,533 |
| Retail | 551.2 | 13,58,400 | 74,87,53,600 | 4,68,047 |
| Total | 494.58 | 27,18,400 | 1,34,44,70,400 | 5,34,050 |
Total Application : 5,34,050
*Market Maker portion is not included to NII/HNI.
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Fees payable to the Book Running Lead Manager | 0.20 |
| 2 | Underwriting Commission | 0.29 |
| 3 | Brokerage, selling commission and upload fees | 0.02 |
| 4 | Fees payable to the Legal Counsel to the Issue | 0.06 |
| 5 | Fees to the Registrar to the Issue | 0.01 |
| 6 | Fees payable to the Regulators including stock exchanges | 0.21 |
| 7 | Printing and distribution of Issue stationary | 0.01 |
| 8 | Statutory Advertising and Marketing Expenses | 0.48 |
| 9 | Processing fees to SCSBs for ASBA Applications procured by the members of the Syndicate or Registered Brokers and submitted with the SCSBs ⁴ | 0.00 |
| 10 | Processing fees to Issuer banks for UPI Mechanism w.r.t application Forms procured by the members of the Syndicate, Registered Brokers, RTAs or the CDPs and submitted to them ⁵ | 0.20 |
| 11 | Others (bankers to the Issue, auditor's fees etc.) | 0.01 |
| 12 | Miscellaneous | 0.20 |
| Price Details | BSE SME |
|---|---|
| Final Issue Price | ₹72.00 |
| Open | ₹136.80 |
| Low | ₹129.96 |
| High | ₹143.50 |
| Last Trade | ₹129.96 |
Lead Manager Reports
Jungle Camps IPO is a SME IPO of 40,86,400 equity shares of the face value of ₹10 aggregating up to ₹29 Crores. The issue is priced at ₹72 per share. The minimum order quantity is 1600.
The IPO opens on Tue, Dec 10, 2024, and closes on Thu, Dec 12, 2024.
Skyline Financial Services Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Zerodha customers can apply online in Jungle Camps IPO using UPI as a payment gateway. Zerodha customers can apply in Jungle Camps IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Jungle Camps IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Jungle Camps IPO opens on Tue, Dec 10, 2024 and closes on Thu, Dec 12, 2024.
Jungle Camps IPO lot size is 1600, and the minimum amount required for application is ₹1,15,200.
You can apply in Jungle Camps IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Jungle Camps IPO will be done on Friday, December 13, 2024, and the allotted shares will be credited to your demat account by Mon, Dec 16, 2024. Check the Jungle Camps IPO allotment status.
The Jungle Camps IPO listing date is on Tue, Dec 17, 2024.
