Fixed Price IPO | ₹7 Cr | Listed at BSE SME | Tue, Sep 3, 2024 - Thu, Sep 5, 2024
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 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) (based on upper price). The minimum lot size for investment in 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 Open
Tue, Sep 3, 2024
IPO Close
Thu, Sep 5, 2024
Issue Price
₹74 per share
Market Cap (Pre-IPO)
₹23.39 Cr
| IPO Date | 3 to 5 Sep, 2024 |
| Listed on | Tue, Sep 10, 2024 |
| Face Value | ₹10 per share |
| Issue Price | ₹74 per share |
| Lot Size | 1,600 Shares |
| Sale Type | Fresh capital only |
| Issue Type | Fixed Price IPO |
| Listing At | BSE SME |
| Total Issue Size | 9,50,400 shares (agg. up to ₹7 Cr) |
| Reserved for Market Maker | 48,000 shares Pure Broking Pvt.Ltd. (agg. up to ₹0.3552 Cr) |
| Fresh Issue (Ex Market Maker) | 9,02,400 shares (agg. up to ₹7 Cr) |
| Net Offered to Public | 9,02,400 shares (agg. up to ₹7 Cr) |
| Share Holding Pre Issue | 22,10,000 shares |
| Share Holding Post Issue | 31,60,400 shares |
| BSE Script Code | 544245 |
| ISIN | INE0N4701016 |
Naturewings Holidays IPO comprises a total issue size of 9,50,400 shares. The net offer to the public is 9,02,400 shares, after excluding 48,000 shares allotted on a firm basis. Of the Net offer 4,51,200 (50.00%) allocated to NII 4,51,200 (50.00%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue |
|---|---|---|---|
| NII (HNI) Shares Offered | 4,51,200 | 50.00% | 47.47% |
| Retail Shares Offered | 4,51,200 | 50.00% | 47.47% |
| Firm Reservations | |||
| Market Maker Shares Offered | 48,000 | 5.05% | |
| Total Shares Offered | 9,50,400 | 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 | ₹1,18,400 |
| Retail (Max) | 1 | 1,600 | ₹1,18,400 |
| HNI (Min) | 2 | 3,200 | ₹2,36,800 |
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.
| Period Ended | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|
| Assets | 5.72 | 5.14 | 3.10 |
| Total Income | 21.90 | 11.76 | 4.18 |
| Profit After Tax | 1.12 | 0.65 | 0.20 |
| NET Worth | 2.66 | 1.54 | 0.89 |
| Reserves and Surplus | 0.45 | 0.69 | 0.84 |
| Total Borrowing | 0.05 | 0.07 | 0.09 |
| Amount in ₹ Crore | |||
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Meeting working capital requirements; | 3.95 |
| 2 | Marketing and Business Promotions; and | 1.02 |
| 3 | General corporate purposes | 0.86 |
| KPI | Mar 31, 2024 |
|---|---|
| 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 (₹) | 5.06 | 3.54 |
| P/E (x) | 14.61 | 20.9 |
| Promoter Holding | 95.8% | 66.99% |
| Market Cap | ₹23.39 Cr. |
The Naturewings Holidays IPO is subscribed 383.48 times on September 5, 2024 6:19:08 PM (Day 3). The public issue subscribed 487.17 times in the retail category, [.] times in the QIB category, and 270.65 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) | Shares Offered | Shares bid for |
|---|---|---|---|
| NII* | 270.65 | 4,51,200 | 12,21,15,200 |
| Retail | 487.17 | 4,51,200 | 21,98,11,200 |
| Total | 383.48 | 9,02,400 | 34,60,52,800 |
Total Application : 2,14,072
*Market Maker portion is not included to NII/HNI.
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Lead Manager Fees | 0.13 |
| 2 | Fees payable to Registrar, Legal and Other Advisory Services, Advertising and marketing Expenses, Printing and Distribution of issue stationery, Brokerage, Selling, Commission and upload fees | 0.30 |
| 3 | Regulators including Stock Exchange | 0.08 |
| 4 | Others, if any (including Underwriting Commission, Market making, advisory fees, depositories, marketing fees etc.) | 0.69 |
| Price Details | BSE SME |
|---|---|
| Final Issue Price | ₹74.00 |
| Open | ₹95.00 |
| Low | ₹90.25 |
| High | ₹99.50 |
| Last Trade | ₹90.25 |
Lead Manager Reports
Naturewings Holidays IPO is a SME IPO of 9,50,400 equity shares of the face value of ₹10 aggregating up to ₹7 Crores. The issue is priced at ₹74 per share. The minimum order quantity is 1600.
The IPO opens on Tue, Sep 3, 2024, and closes on Thu, Sep 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 Tue, Sep 3, 2024 and closes on Thu, Sep 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 Mon, Sep 9, 2024. Check the Naturewings Holidays IPO allotment status.
The Naturewings Holidays IPO listing date is on Tue, Sep 10, 2024.
