Bookbuilding IPO | ₹[.] Cr | Listing at BSE SME |
Neptune Holidays Ltd. has withdrawn its Initial Public Offer (IPO) documents filed with the exchange on June 20, 2025.
Neptune Holidays Ltd. IPO was a Book Build Issue
The equity shares were proposed to be listed on the BSE SME. Horizon Management Pvt.Ltd. was the book running lead manager and Bigshare Services Pvt.Ltd. was the registrar of the issue.
| IPO Date | [.] |
| Listing Date | [.] |
| Face Value | ₹10 per share |
| Price Band | |
| Lot Size | |
| Sale Type | Fresh capital only |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE SME |
| Description | Date |
|---|---|
| Filed with SEBI/Exchange | Sat, Feb 22, 2025 |
| Offer document withdrawn | Fri, Jun 20, 2025 |
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | Not more than 50.00% of the Net Issue |
| Retail Shares Offered | Not less than 35.00% of the Net Issue |
| NII Shares Offered | Not less than 15.00% of the Net Issue |
Incorporated in February 2009, Neptune Holidays Limited is a B2B travel service provider specializing in customized solutions for corporate clients and travel agencies.
The company offers a comprehensive range of travel-related products and services such as
The company offers value-added services like guides, travel insurance, passport and visa processing, activity tickets, and traditional guest welcoming arrangements.
The company offers travel services to Bhutan, East and North-East India and Rajasthan.
The company provides domestic and international holiday packages for B2C clients. Through its subsidiary, it offers ticketing, MICE events, weddings, and additional services in India and abroad.
The company has branch offices in Rajasthan, Himachal Pradesh, Sikkim, and Orissa, catering to businesses and providing seamless travel for clients, employees, and retail customers.
The company specializes in various travel experiences, including Spiritual Tourism, Sports Tourism, Adventure Tourism, Jungle Safaris, Educational Tours, and Destination Marriages.
As of January 31, 2025, the Company had 121 employees in total, including its subsidiary.
Competitive Strength
| Period Ended | 30 Sep 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| Assets | 74.60 | 62.41 | ||
| Total Income | 63.98 | 110.49 | ||
| Profit After Tax | 7.97 | 9.33 | 4.47 | 4.10 |
| NET Worth | 29.96 | 21.99 | 12.42 | 7.95 |
| Reserves and Surplus | 17.11 | 21.38 | ||
| Total Borrowing | 23.39 | 18.84 | 7.33 | 9.36 |
| Amount in ₹ Crore | ||||
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding of working capital requirements of the Company | 17.50 |
| 2 | Investment in Subsidiary | 2.50 |
| 3 | Prepayment or repayment of all or a portion of certain secured loans availed by the Company | 5.00 |
| 4 | General corporate purposes |
| KPI | Mar 31, 2024 |
|---|---|
| ROE | 54.23% |
| ROCE | 30.62% |
| Debt/Equity | 1.36 |
| RoNW | 42.43% |
| PAT Margin | 9.12% |
| Pre IPO | Post IPO | |
|---|---|---|
| Promoter Holding | 100% |
Lead Manager Reports
Neptune Holidays IPO is a SME IPO of 0 equity shares of the face value of ₹10 aggregating up to ₹[.] Crores. The issue is priced at To be declared. The minimum order quantity is .
The Neptune Holidays IPO open and close dates are not available as of now.
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 Neptune Holidays IPO using UPI as a payment gateway. Zerodha customers can apply in Neptune Holidays IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Neptune Holidays IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Neptune Holidays IPO dates are not announced. Please check back again after some time.
Neptune Holidays IPO lot size and the minimum order quantity is not available at this time. Please check again later.
You can apply in Neptune 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 Neptune Holidays IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the Neptune Holidays IPO allotment status.
The Neptune Holidays IPO listing date is not yet announced. The tentative date of listing is .
