Jungle Camps India IPO is a book built issue of Rs 29.42 crores. The issue is entirely a fresh issue of 40.86 lakh shares.
Jungle Camps India IPO opens for subscription on December 10, 2024 and closes on December 12, 2024. The allotment for the Jungle Camps India IPO is expected to be finalized on Friday, December 13, 2024. Jungle Camps India IPO will list on BSE SME with tentative listing date fixed as Tuesday, December 17, 2024.
Jungle Camps India IPO price band is set at ₹68 to ₹72 per share. The minimum lot size for an application is 1600 Shares. The minimum amount of investment required by retail investors is ₹115,200. The minimum lot size investment for HNI is 2 lots (3,200 shares) amounting to ₹230,400.
Khambatta Securities Limited is the book running lead manager of the Jungle Camps India IPO, while Skyline Financial Services Private Ltd is the registrar for the issue. The market maker for Jungle Camps India IPO is Nikunj Stock Brokers.
Refer to Jungle Camps India IPO RHP for detailed information.
Jungle Camps India IPO Details
| IPO Date | December 10, 2024 to December 12, 2024 |
| Listing Date | [.] |
| Face Value | ₹10 per share |
| Price Band | ₹68 to ₹72 per share |
| Lot Size | 1600 Shares |
| Total Issue Size | 4,086,400 shares (aggregating up to ₹29.42 Cr) |
| Fresh Issue | 4,086,400 shares (aggregating up to ₹29.42 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE SME |
| Share holding pre issue | 11,412,072 |
| Share holding post issue | 15,498,472 |
| Market Maker portion | 204,800 shares Nikunj Stock Brokers |
Jungle Camps India IPO Reservation
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | Not more than 50% of the Net Issue |
| Retail Shares Offered | Not less than 35% of the Net Issue |
| NII (HNI) Shares Offered | Not less than 15% of the Net Issue |
Jungle Camps India IPO Timeline (Tentative Schedule)
Jungle Camps India IPO opens on December 10, 2024, and closes on December 12, 2024.
| IPO Open Date | Tuesday, December 10, 2024 |
| IPO Close Date | Thursday, December 12, 2024 |
| Basis of Allotment | Friday, December 13, 2024 |
| Initiation of Refunds | Monday, December 16, 2024 |
| Credit of Shares to Demat | Monday, December 16, 2024 |
| Listing Date | Tuesday, December 17, 2024 |
| Cut-off time for UPI mandate confirmation | 5 PM on December 12, 2024 |
Jungle Camps India IPO Lot Size
Investors can bid for a minimum of 1600 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1600 | ₹115,200 |
| Retail (Max) | 1 | 1600 | ₹115,200 |
| HNI (Min) | 2 | 3,200 | ₹230,400 |
| Lot Size Calculator | |||
Jungle Camps India IPO Promoter Holding
Mr. Gajendra Singh, Ms. Laxmi Rathore, Mr. Yashovardhan Rathore, Mr. Ranvijay Singh Rathore, and G S Rathore HUF are the Promoters of the company.
| Share Holding Pre Issue | 94.57% |
| Share Holding Post Issue |
About Jungle Camps India Limited
Incorporated in 2002, Jungle Camps India operates wildlife camps and hotels, motels, inns, guest houses, holiday homes, health clubs, catering houses, and restaurants in India.
The company is a conservation-focused hospitality group that operates four award-winning boutique resorts in prime wildlife and tiger reserve national parks across central India. In addition to these resorts, the group manages a highway retreat and a restaurant and offers a variety of customized travel experiences.
The company owns and operates 87 rooms, including villas, cottages, deluxe rooms, and safari tents. Its amenities include banquet halls, meeting rooms, restaurants, bars, cafes, swimming pools, and spa facilities.
The Group owns and operates boutique luxury wilderness resorts at these four locations:
- Pench Jungle Camp, Pench National Park, Madhya Pradesh, and
- Rukhad Jungle Camp, Rukhad, Seoni District, Madhya Pradesh
- Tadoba Jungle Camp, Bhamdeli Village, Chandrapur District, Maharashtra
- Jungle Camp Kanha, Santapur Village, Balaghat District, Madhya Pradesh.
The Group operates two highway venues:
- Bison Highway Retreat – Rukhad, District Seoni, Madhya Pradesh (Motel and Restaurant).
- Midway Treat- Deur Kothar, District Rewa, Madhya Pradesh (Restaurant).
The company has a total of 162 employees.
Competitive Strengths:
- Experienced promoters and an experienced management team
- Robust processes and scalable model, supported by an experienced team
- Strategic locations
- Focus on the needs of guests
- Creation of local jobs
Jungle Camps India Limited Financial Information (Restated Consolidated)
Jungle Camps India Limited’s revenue increased by 61.01% and profit after tax (PAT) rose by 699.55% between the financial year ending with March 31, 2024 and March 31, 2023.
| Period Ended | 30 Jun 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
| Assets | 2,956.68 | 2,943.39 | 1,840.50 | 1,892.07 |
| Revenue | 572.25 | 1,810.61 | 1,124.55 | 781.17 |
| Profit After Tax | 110.39 | 359.16 | 44.92 | 72.86 |
| Net Worth | 1,878.20 | 1,794.89 | 930.04 | 703.81 |
| Reserves and Surplus | 798.99 | 1,120.39 | 717.80 | 547.26 |
| Total Borrowing | 401.83 | 410.31 | 317.69 | 391.29 |
| Amount in ₹ Lakhs | ||||
Key Performance Indicator
The market capitalization of Jungle Camps India IPO is Rs 111.59 Cr.
KPI as of March 31, 2024.
| KPI | Values |
|---|---|
| ROE | 20.01% |
| ROCE | 24.75% |
| Debt/Equity | 0.23 |
| RoNW | 20.01 |
| P/BV | 2.71 |
| PAT Margin (%) | 20.54 |
Check Jungle Camps India IPO Peer Comparison here.
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (Rs) | 3.15 | 2.32 |
| P/E (x) | 22.88 | 31.07 |
Note:
- The Pre IPO EPS is calculated based on Pre issue shareholding as on date of RHP and the latest FY earnings as of March 31, 2024 that is available in RHP.
- The Post Issue EPS is calculated based on the Post issue shareholding and annualized FY earnings of March 31, 2024 that is available in RHP.
Objects of the Issue (Jungle Camps India IPO Objectives)
The Company will use Proceeds from the Fresh Issue for the following objects:
- To meet the capital expenditure for the project development at Sanjay Dubri National Park, Madhya Pradesh.
- To meet the capital expenditure for the renovation of existing resort Pench Jungle Camp, at Pench National Park, Madhya Pradesh.
- Investment in the Subsidiary, Madhuvan Hospitality Private Limited (“MHPL”) about capital expenditure for the project development at Mathura Hotel Project, Mathura.
- General Corporate Purposes
Jungle Camps India IPO Prospectus
Jungle Camps India Limited Contact Details
Jungle Camps India Limited
221-222/9,
2nd Floor, Som Dutt Chamber-II,
Bhikaji Cama Place- 110066,
Phone: +91-011-41749354
Email: legal@penchjunglecamp.com
Website: https://junglecampsindia.com/about-us/
Jungle Camps India IPO Registrar
Skyline Financial Services Private Ltd
Phone: 02228511022
Email: ipo@bigshareonline.com
Website: https://www.skylinerta.com/ipo.php