Jungle Camps India Ltd. logo

Jungle Camps India was incorporated on July 22, 2002. The company focuses on delivering luxury, conservation-oriented camps that provide guests with a unique, memorable experience in a natural, rustic environment. The goal is to offer an authentic, responsible, and immersive experience, showcasing the best of Indian wildlife and hospitality

Bidding Dates
10 Dec 2024 - 12 Dec 2024
Subscription
459.97x Oversubscribed
Minimum InvestmentMinimum LotMaximum LotLot SizeNumber of SharesIssue Price BandPost Issue Promoter Holding %Issue SizeIPO Document
₹1,08,8001116004.1 M₹68 - ₹7269.63 %₹277.9 M - ₹294.2 MRHP DOC

Jungle Camps India Ltd. IPO SUBSCRIPTION STATUS

12 Dec '24
Total459.97x
Retail Individual Investor731.78x
HNI (NII) Investors1010.49x
Qualified Institutional Buyers104.54x

Jungle Camps India Ltd. IPO overall subscription rate was 459.97 times the total available shares

Jungle Camps India Ltd. IPO retail subscription rate was 731.78 times in the retail segment

Jungle Camps India Ltd. IPO non-institutional investor subscription rate was 1010.49 times in the non-institutional investor category

Jungle Camps India Ltd. IPO Qualified Institutional Bidder subscription rate was 104.54 times the available shares for Qualified Institutional Bidder

DayRetail Individual InvestorHNI (NII) InvestorsQualified Institutional Buyers
Category Reservation35%15%50%
12 Dec 2024
(Day 3)
731.78x1010.49x104.54x
11 Dec 2024
(Day 2)
308.99x139.04x0.02x
10 Dec 2024
(Day 1)
82.21x32.02x0.01x

Jungle Camps India Ltd. FINANCIALS

Period Net Profit (Rs in millions) Revenue from Operations (Rs in millions) Cash Flow from Operations (Rs in millions) Free Cash Flow (Rs in millions) Margins
Q1FY25 11.0 56.4 15.6 14.5 36.2%
FY24 35.9 174.9 22.2 -8.1 38.2%
FY23 4.5 111.0 8.7 -15.1 14.9%
FY22 7.3 73.9 15.8 10.6 25.6%

Jungle Camps India Ltd. IPO SUBSCRIPTION STATUS DETAILS

Jungle Camps India Ltd. had 4.1 M shares on offer

Jungle Camps India Ltd. IPO offer price was in the range ₹68 - ₹72

Jungle Camps India Ltd. IPO minimum Investment was108800

Jungle Camps India Ltd. IPO issue size was ₹ 277.9 M - ₹ 294.2 M

Jungle Camps India Ltd. had a minimum lot size of 1600 Shares per application

Jungle Camps India Ltd. NUMBER OF SHARES ON OFFER

Total4.1 M
Fresh Issue4.1 M
Offer for Sale0
Post Issue Promoter Holding %69.63 %

Jungle Camps India Ltd. IPO IMPORTANT DATES

Issue Open Date10 Dec 2024
Issue close Date12 Dec 2024
Allotment Date13 Dec 2024
Refund Date16 Dec 2024
Demat Account Credit Date16 Dec 2024
Listing Date17 Dec 2024
Listing on Exchange(s)BSE
Jungle Camps India Ltd. Allotment StatusExchange

Jungle Camps India Ltd. IPO subscription opened on 10 Dec 2024, and closed on 12 Dec 2024

IPO allotment for Jungle Camps India Ltd. was finalized on Friday, 13 Dec 2024

IPO listing for Jungle Camps India Ltd. was on BSE on Tuesday, 17 Dec 2024

Jungle Camps India Ltd. IPO LISTING GAINS

Issue Price (adjusted)72.0
Listing Open Price136.8
Listing Close Price130.0
Listing Gain%90.0%
Current Gain%-30.6%

Jungle Camps India Ltd. Peer

StockStock PriceMarket Cap (Rs crore)PE TTMPEG TTMPS TTMROE%ROA%Annual Revenue (Rs crore)Annual Revenue Growth %Annual Net Profit (Rs crore)Annual Net Profit Growth %EPS TTMEPS TTM Growth %
Jungle Camps India Ltd.5077.518.44.43.37.7624.78.14.24.12.74.1
Indian Hotels Company Ltd.716.8102024.547.54.910.21610.39971.416.42084.49.315.19.7
ITC Hotels Ltd.16634581.6401.58.1764331.319.4816.928.74.126.9
EIH Ltd.301.318842.226.55.96.211.99.63105.77.9628.3-1511.44.5
Chalet Hotels Ltd.82218000.234.10.47.517.48.82812.460.3645.1352.524.185.3
Leela Palaces Hotels & Resorts Ltd.508.616983.438.30.210.66.34.51597.813.6403.1742.913.3236.8

Jungle Camps India Ltd. INFORMATION ON IPO ISSUE

About Jungle Camps India Ltd.

Jungle Camps India was incorporated on July 22, 2002. The company focuses on delivering luxury, conservation-oriented camps that provide guests with a unique, memorable experience in a natural, rustic environment. The goal is to offer an authentic, responsible, and immersive experience, showcasing the best of Indian wildlife and hospitality

Object of the Issue

  • To meet capital expenditure for the project development at Sanjay Dubri National Park, Madhya Pradesh
  • To meet capital expenditure for renovation of existing resort Pench Jungle Camp, at Pench National Park, Madhya Pradesh.
  • Investment in the subsidiary, Madhuvan Hospitality Private Limited in relation to capital expenditure for the project development at Mathura Hotel Project
  • General corporate purposes

Jungle Camps India Ltd. - PROMOTERS

Name
Gajendra Singh
Yashovardhan Rathore
Laxmi Rathore
Ranvijay Singh Rathore

Jungle Camps India Ltd. Lead Manager of the Issue

Khambatta Securities Limited

ipo@khambattasecurities.com

Jungle Camps India Ltd. Registrar to the issue

Skyline Financial Services Private Limited

ipo@skylinerta.com

Jungle Camps India Ltd. Strengths

Geographical advantage

The company’s jungle camps are strategically located near national parks and designed to highlight the surrounding pristine nature. They offer a unique, luxurious, and restorative experience for travelers seeking simplicity and natural beauty

Strength

Guest needs

The company customizes services to meet each guest's preferences, offering concierge services and ensuring safety with security measures like surveillance cameras, well-lit premises, and secure keycard systems

Strength

Local employment

The company recruits from local communities near project sites, offering competitive wages, benefits, and incentives to retain talent. It also supports local artisans and purchases goods locally

Strength

Jungle Camps India Ltd. Risks

Permits and approvals

Failure to obtain, renew, or maintain the necessary statutory and regulatory permits and approvals could negatively impact their business

Risk

Quality standards

The company's services depend on customer expectations and industry trends. Failing to maintain quality standards could negatively impact its business

Risk

Seasonal business

The company's resorts in Madhya Pradesh and Maharashtra face low revenue during off-seasons, particularly in July, August, and September, due to reduced domestic and international travelers

Risk

IPO FAQs

  • The promoters of the company are Gajendra Singh, Yashovardhan Rathore, Laxmi Rathore and Ranvijay Singh Rathore.

  • The category allocation of qualified institutional buyers is 50.0%, the category allocation of non individual investors or high networth individuals is 15.0% and for retail investors it is 35.0%.

  • The price band of the IPO is Rs 68.0 - 72.0.

  • The IPO application opens on Dec 10, 2024 and closes on Dec 12, 2024.

  • The minimum lot size for the IPO is 1600. The maximum lot size for the IPO is 1600.

  • For all category investors, the minimum application amount for this IPO is Rs. 108,800.0, the maximum value for this IPO is Rs 115,200.0.

  • This IPO will be allotted on Dec 13, 2024.

  • The refund will be credited to your account on Dec 16, 2024.

  • The allotted shares will be credited to your demat on Dec 16, 2024.

  • Jungle Camps India Ltd.’s shares listed on the stock exchanges on Dec 17, 2024.