{"id":5739,"date":"2024-02-16T14:46:29","date_gmt":"2024-02-16T09:16:29","guid":{"rendered":"https:\/\/lakshmishree.com\/blog\/?p=5739"},"modified":"2024-02-16T14:46:34","modified_gmt":"2024-02-16T09:16:34","slug":"juniper-hotels-ipo-details","status":"publish","type":"post","link":"https:\/\/lakshmishree.com\/blog\/juniper-hotels-ipo-details\/","title":{"rendered":"Juniper Hotels IPO Details - Complete Overview of Juniper Hotels Limited IPO"},"content":{"rendered":"\n

Juniper Hotels<\/strong> IPO Price: <\/strong>\u20b9342 to \u20b9360
IPO Date Range:<\/strong> Feb 21, 2024 - Feb 23, 2024<\/p>\n\n\n\n

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\"Juniper<\/figure>\n<\/div><\/div>\n<\/div>\n<\/div>\n\n\n\n
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Foundation & Business Essence<\/h2>\n\n\n\n

Juniper Hotels Limited, specializing in the development and ownership of luxury hotels, was established in September 1985. As of September 30, 2023, the company manages a portfolio of seven hotels and serviced apartments, offering a combined total of 1,836 rooms.<\/p>\n<\/div>\n<\/div>\n\n\n\n

Network and Services<\/h2>\n\n\n\n

Juniper Hotels Limited boasts landmark establishments in the luxury, upper upscale, and upscale categories across Mumbai, Delhi, Ahmedabad, Lucknow, Raipur, and Hampi. Notably, Grand Hyatt Mumbai Hotel and Residences stand as India's largest luxury hotel. Additionally, Hyatt Regency Lucknow and Hyatt Regency Ahmedabad claim the title of the biggest upper upscale hotels in their respective markets. <\/p>\n\n\n\n

Furthermore, Hyatt Raipur proudly holds the distinction of being the sole upper upscale hotel in Raipur. As of September 30, 2023, the company manages 116 serviced apartments at Grand Hyatt Mumbai and 129 serviced apartments at Hyatt Delhi.<\/p>\n\n\n\n

Awards<\/h2>\n\n\n\n

Juniper Hotels, co-owned by Saraf Hotels Ltd and Two Seas Holdings Ltd (an affiliate of Hyatt Hotels Corporation), embodies a unique collaboration between a hotel developer and an international hospitality giant. <\/p>\n\n\n\n

The company's commitment to excellence is evident through its multiple accolades, such as Andaz Delhi winning the \"Best Luxury Business Hotel in Delhi\" at the 2022 Today's Traveller Awards and Hyatt Regency Ahmedabad securing the title of \"Best 5 Star Hotel in Gujarat\" at the 2022 Gujarat Tourism Awards.<\/p>\n\n\n\n

Bidding Starts In<\/h2>\n\n\n\n
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DAYS<\/div><\/div>
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HOURS<\/div><\/div>
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MINUTES<\/div><\/div>
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SECONDS<\/div><\/div><\/div>\n\n\n\n
APPLY NOW<\/span><\/path><\/svg>

Dream Big, Start with an IPO. Choose Lakshmishree.<\/p><\/a><\/div>\n\n\n\n

Juniper Hotels IPO Specifics:<\/h2>\n\n\n\n
IPO Date<\/td>February 21, 2024 to February 23, 2024<\/td><\/tr>
Listing Date<\/td>Wednesday, February 28, 2024<\/td><\/tr>
Face Value<\/td>\u20b910 per share<\/td><\/tr>
Price Band<\/td>\u20b9342 to \u20b9360 per share<\/td><\/tr>
Lot Size<\/td>40 shares<\/td><\/tr>
Total Issue Size<\/td>50,000,000 shares
(aggregating up to \u20b91,800.00 Cr)<\/td><\/tr>
Fresh Issue<\/td>50,000,000 shares
(aggregating up to \u20b91,800.00 Cr)<\/td><\/tr>
Issue Type<\/td>Book Built Issue IPO<\/td><\/tr>
Listing At<\/td>BSE, NSE<\/td><\/tr>
Share holding pre issue<\/td>172,502,384<\/td><\/tr>
Share holding post issue<\/td>222,502,384<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

Juniper Hotels IPO Lot Size<\/h2>\n\n\n\n

Bidders have the opportunity to bid for a minimum of 40 shares, with the option to increase in multiples. The table below outlines the minimum and maximum investment thresholds for both retail investors and High Net Worth Individuals (HNIs), specifying the corresponding number of shares and amounts involved.<\/p>\n\n\n\n

Application<\/th>Lots<\/th>Shares<\/th>Amount<\/th><\/tr><\/thead>
Retail (Min)<\/td>1<\/td>40<\/td>\u20b914,400<\/td><\/tr>
Retail (Max)<\/td>13<\/td>520<\/td>\u20b9187,200<\/td><\/tr>
S-HNI (Min)<\/td>14<\/td>560<\/td>\u20b9201,600<\/td><\/tr>
S-HNI (Max)<\/td>69<\/td>2760<\/td>\u20b9993,600<\/td><\/tr>
B-HNI (Min)<\/td>70<\/td>2800<\/td>\u20b91,008,000<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

Juniper Hotels IPO Reservation<\/h2>\n\n\n\n
QIB Shares Offered<\/td>Not more than 75% of the Net Issue<\/td><\/tr>
Retail Shares Offered<\/td>Not less than 10% of the Net Issue<\/td><\/tr>
NII (HNI) Shares Offered<\/td>Not less than 15% of the Net Issue<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

Juniper Hotels IPO Timetable (Important Dates)<\/h2>\n\n\n\n
IPO Open Date<\/td>Wednesday, February 21, 2024<\/td><\/tr>
IPO Close Date<\/td>Friday, February 23, 2024<\/td><\/tr>
Basis of Allotment<\/td>Monday, February 26, 2024<\/td><\/tr>
Initiation of Refunds<\/td>Tuesday, February 27, 2024<\/td><\/tr>
Credit of Shares to Demat<\/td>Tuesday, February 27, 2024<\/td><\/tr>
Listing Date<\/td>Wednesday, February 28, 2024<\/td><\/tr>
Cut-off time for UPI mandate confirmation<\/td>5 PM on February 23, 2024<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

Don't Miss Out!<\/h2>
<\/div>

Whether you're a seasoned investor or just starting out, Lakshmishree ensures you don't miss out on premier IPO opportunities. Dive into the future of investing with Lakshmishree.<\/p><\/div>\n\n\n\n

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APPLY NOW<\/a><\/div>\n<\/div>\n\n\n\n

Juniper Hotels Limited IPO Financial Information<\/h2>\n\n\n\n

In a remarkable financial performance, Juniper Hotels Limited witnessed substantial growth, with a staggering 108.66% increase in revenue and a notable 99.2% rise in profit after tax (PAT) between the fiscal years ending on March 31, 2023, and March 31, 2022.<\/p>\n\n\n\n

Period Ended<\/th>31 Mar 2021<\/th>31 Mar 2022<\/th>31 Mar 2023<\/th>30 Sep 2023<\/th><\/tr><\/thead>
Assets<\/td>3055.54<\/td>3069.86<\/td>3020.27<\/td>3837.83<\/td><\/tr>
Revenue<\/td>192.85<\/td>343.76<\/td>717.29<\/td>337.43<\/td><\/tr>
Profit After Tax<\/td>-199.49<\/td>-188.03<\/td>-1.50<\/td>-26.50<\/td><\/tr>
Net Worth<\/td>543.90<\/td>356.37<\/td>354.51<\/td>859.67<\/td><\/tr>
Reserves & Surplus<\/td>400.20<\/td>212.67<\/td>210.81<\/td>687.17<\/td><\/tr>
Total Borrowing<\/td>1830.48<\/td>2121.81<\/td>2045.61<\/td>2252.75<\/td><\/tr><\/tbody><\/table>
Amount in \u20b9 Crore<\/small><\/figcaption><\/figure>\n\n\n\n

Key Performance Indicator - Juniper Hotels IPO<\/h2>\n\n\n\n
KPI<\/th>Values<\/th><\/tr><\/thead>
RoNW<\/td>-0.42%<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

Objects of the Issue:<\/strong><\/h2>\n\n\n\n

The net proceeds from the Issue, which refers to the gross proceeds reduced by Issue-related expenses, are intended to be utilized as follows:<\/p>\n\n\n\n

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  1. Full or partial repayment\/prepayment\/redemption of specific outstanding borrowings obtained by the Company, including those related to recent acquisitions such as CHPL and CHHPL.<\/li>\n\n\n\n
  2. Allocation towards general corporate purposes.<\/li>\n<\/ol>\n\n\n\n

    Prospectus Links:<\/strong><\/h2>\n\n\n\n

    Prospectus:<\/strong> Official documents that provide detailed information about the IPO and the company. Juniper Hotels DRHP<\/a> and Juniper Hotels RHP<\/a>.<\/p>\n\n\n\n

    Frequently Asked Questions<\/strong><\/h2>\n\n\n\n
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    What is an IPO?<\/h3>\n
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    An IPO, or Initial Public Offering, is the process by which a private company offers its shares to the public for the first time to raise capital.<\/p>\n\n<\/div>\n<\/div>\n

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    Why do companies go public with an IPO?<\/h3>\n
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    Companies go public to raise capital for expansion, reduce debt, or for other corporate purposes. It also provides liquidity to existing shareholders.<\/p>\n\n<\/div>\n<\/div>\n

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    What is the price range for the \"Juniper Hotels Limited\" IPO?<\/h3>\n
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    The price range for the\"Juniper Hotels Limited\" IPO is \u20b9342 to \u20b9360 per share.<\/p>\n\n<\/div>\n<\/div>\n

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    When will the \"Juniper Hotels Limited\" IPO be listed on the stock exchange?<\/h3>\n
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    The \"Juniper Hotels Limited\" IPO is expected to be listed on Wednesday, 28 February 2024.<\/p>\n\n<\/div>\n<\/div>\n

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    How to apply for an IPO with Lakshmishree?<\/h3>\n
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    To apply for an IPO with Lakshmishree:
    Go to www.lakshmishree.com\/ipo
    Select the desired IPO and fill in the required details.
    Confirm your application and make the payment.
    Once applied, you can track the status of your application on the platform or get in your registered Email ID.<\/p>\n\n<\/div>\n<\/div>\n

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    How can I check the subscription status of an IPO on Lakshmishree?<\/h3>\n
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    Log in to your Lakshmishree account and navigate to the 'IPO' section. Here, you can view live updates on the subscription status of ongoing IPOs.<\/p>\n\n<\/div>\n<\/div>\n<\/div>\n<\/div>","protected":false},"excerpt":{"rendered":"

    Juniper Hotels IPO Price: \u20b9342 to \u20b9360IPO Date Range: Feb 21, 2024 - Feb 23, 2024 Foundation & Business Essence Juniper Hotels Limited, specializing in the development and ownership of luxury hotels, was established in September 1985. As of September 30, 2023, the company manages a portfolio of seven hotels and serviced apartments, offering a […]<\/p>\n","protected":false},"author":1,"featured_media":5743,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[336],"tags":[],"class_list":["post-5739","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ipo"],"_links":{"self":[{"href":"https:\/\/lakshmishree.com\/blog\/wp-json\/wp\/v2\/posts\/5739","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lakshmishree.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lakshmishree.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lakshmishree.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/lakshmishree.com\/blog\/wp-json\/wp\/v2\/comments?post=5739"}],"version-history":[{"count":2,"href":"https:\/\/lakshmishree.com\/blog\/wp-json\/wp\/v2\/posts\/5739\/revisions"}],"predecessor-version":[{"id":5742,"href":"https:\/\/lakshmishree.com\/blog\/wp-json\/wp\/v2\/posts\/5739\/revisions\/5742"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/lakshmishree.com\/blog\/wp-json\/wp\/v2\/media\/5743"}],"wp:attachment":[{"href":"https:\/\/lakshmishree.com\/blog\/wp-json\/wp\/v2\/media?parent=5739"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lakshmishree.com\/blog\/wp-json\/wp\/v2\/categories?post=5739"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lakshmishree.com\/blog\/wp-json\/wp\/v2\/tags?post=5739"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}