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Naturewings Holidays IPO is a fixed price issue of ₹7.03 crores. The issue is entirely a fresh issue of 0.10 crore shares of ₹7.03 crore.
Naturewings Holidays IPO bidding started from Sep 3, 2024 and ended on Sep 5, 2024. The allotment for Naturewings Holidays IPO was finalized on Sep 6, 2024. The shares got listed on BSE SME on Sep 10, 2024.
Naturewings Holidays IPO price is ₹74.00 per share . The lot size for an application is 1,600. The minimum amount of investment required by an individual investor (retail) is ₹1,18,400 (1600 shares). The minimum lot size investment for HNI is 2 lots (3,200 shares), amounting to ₹2,36,800.
Fedex Securities Pvt.Ltd. is the book running lead manager and Bigshare Services Pvt.Ltd. is the registrar of the issue. The market maker of the company is Pure Broking Pvt.Ltd..
Refer to Naturewings Holidays IPO RHP for detailed Information.
| IPO Date | September 3, 2024 to September 5, 2024 |
| Listing Date | September 10, 2024 |
| Face Value | ₹10 per share |
| Issue Price Band | |
| Issue Price Final | ₹74 per share |
| Lot Size | 1,600 Shares |
| Sale Type | Fresh Capital |
| Total Issue Size | 9,50,400 shares (aggregating up to ₹7.03 Cr) |
| Reserved for Market Maker | 48,000 shares Pure Broking Pvt.Ltd. (aggregating up to ₹0.3552 Cr) |
| Net Offered to Public | 9,02,400 shares (aggregating up to ₹6.68 Cr) |
| Issue Type | Fixed Price IPO |
| Listing At | BSE SME |
| Share Holding Pre Issue | 22,10,000 shares |
| Share Holding Post Issue | 31,60,400 shares |
Naturewings Holidays IPO offers total 9,50,400 shares. Out of which 4,51,200 (47.47%) allocated to NII, 4,51,200 (47.47%) allocated to RII.
| Investor Category | Shares Offered |
|---|---|
| Market Maker Shares Offered | 48,000 (5.05%) |
| NII (HNI) Shares Offered | 4,51,200 (47.47%) |
| Retail Shares Offered | 4,51,200 (47.47%) |
| Total Shares Offered | 9,50,400 (100.00%) |
Naturewings Holidays IPO opens on September 3, 2024, and closes on September 5, 2024.
| IPO Open Date | Tue, Sep 3, 2024 |
| IPO Close Date | Thu, Sep 5, 2024 |
| Tentative Allotment | Fri, Sep 6, 2024 |
| Initiation of Refunds | Mon, Sep 9, 2024 |
| Credit of Shares to Demat | Mon, Sep 9, 2024 |
| Tentative Listing Date | Tue, Sep 10, 2024 |
| Cut-off time for UPI mandate confirmation | 5 PM on Thu, Sep 5, 2024 |
Investors can bid for a minimum of 1,600 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Individual Investors (Retail) and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1,600 | ₹1,18,400 |
| Retail (Max) | 1 | 1,600 | ₹1,18,400 |
| HNI (Min) | 2 | 3,200 | ₹2,36,800 |
Note : The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue
Incorporated in December 2018, Naturewings Holidays Limited is a tour company that offers holiday packages for leisure travellers visiting the Himalayan ranges. The company mainly focuses on regions such as India, Nepal and Bhutan.
The company provides comprehensive travel solutions, including land and air bookings, hotel reservations, in-transit arrangements, local sightseeing, and destination management services. It caters to individuals and groups visiting Himalayan destinations and has recently launched an international division to extend its services to global destinations.
As of March 31, 2024, Naturewings Holidays has access to over 750 hotels in the Himalayan Ranges and various international destinations.
As of March 31, 2024, the company had served approximately 7,163 packages to over 33,065 travellers on a cumulative basis.
As of March 31, 2024, the company had more than 100 travel agents registered with them in most major cities in India. The company's network of travel agents has helped it expand its presence and distribution network in India.
The company launched its international packages in March 2022. Since then, it has served 54 holiday packages to the following destinations: Indonesia, Thailand, Egypt, Kenya, Sri Lanka, Vietnam, Singapore, and the Maldives.
As of March 31, 2024, the company has 51 department employees.
Naturewings Holidays Limited's revenue increased by 86% and profit after tax (PAT) rose by 72% between the financial year ending with March 31, 2024 and March 31, 2023.
| Period Ended | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
| Assets | 571.61 | 514.16 | 309.57 |
| Total Income | 2,189.97 | 1,176.25 | 418.32 |
| Profit After Tax | 111.92 | 65.08 | 19.89 |
| Net Worth | 265.63 | 153.71 | 88.63 |
| Reserves and Surplus | 44.63 | 68.71 | 83.63 |
| Total Borrowing | 5.12 | 6.99 | 8.73 |
| Amount in ₹ Lakhs | |||
The market capitalization of Naturewings Holidays IPO is ₹23.39 Cr.
KPI as of Sun, Mar 31, 2024.
| KPI | Values |
|---|---|
| ROE | 4.10% |
| ROCE | 5.76% |
| Debt/Equity | 0.03 |
| RoNW | 42.13% |
| PAT Margin | 5.13% |
| Price to Book Value | 6.16 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS Rs | 5.06 | 3.54 |
| P/E (x) | 14.61 | 20.9 |
The company proposes to utilize the Net Proceeds from the Issue towards the following objects:
[Dilip Davda] The company is engaged in providing tour related services for Himalayan Destinations and has recently added International Destinations. It has posted steady growth in its financial performance for the reported periods. However, its spending for IPO and small equity post IPO raise some concerns. Well-informed investors may park funds for medium to long term. Read detail review...
| Listing Date | September 10, 2024 |
| BSE Script Code | 544245 |
| NSE Symbol | |
| ISIN | INE0N4701016 |
| Final Issue Price | ₹74 per share |
| BSE Listing Group | M |
| Price Details | BSE SME |
|---|---|
| Final Issue Price | ₹74.00 |
| Open | ₹95.00 |
| Low | ₹90.25 |
| High | ₹99.50 |
| Last Trade | ₹90.25 |
Naturewings Holidays Ltd.
DGK -417, 4th Floor,
DLF Galleria Building, Newtown
Kolkata North 24 Parganas New Town -700156
Kolkata, West Bengal
Phone: +91 9831317505
Email: cs@naturewings.com
Website: https://www.naturewings.com/
Bigshare Services Pvt.Ltd.
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/IPO_Status.html
Naturewings Holidays IPO is a SME IPO of 9,50,400 equity shares of the face value of ₹10 aggregating up to ₹7.03 Crores. The issue is priced at ₹74 per share. The minimum order quantity is 1600.
The IPO opens on September 3, 2024, and closes on September 5, 2024.
Bigshare 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 Naturewings Holidays IPO using UPI as a payment gateway. Zerodha customers can apply in Naturewings Holidays IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Naturewings Holidays IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Naturewings Holidays IPO opens on September 3, 2024 and closes on September 5, 2024.
Naturewings Holidays IPO lot size is 1600, and the minimum amount required for application is ₹1,18,400.
You can apply in Naturewings Holidays 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 Naturewings Holidays IPO will be done on Friday, September 6, 2024, and the allotted shares will be credited to your demat account by Monday, September 9, 2024. Check the Naturewings Holidays IPO allotment status.
The Naturewings Holidays IPO listing date is on Tuesday, September 10, 2024.
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