Jungle Camps India IPO

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.

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 Details

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.

Jungle Camps India IPO Objectives

The Company will use Proceeds from the Fresh Issue for the following objects:

1. To meet the capital expenditure for the project development at Sanjay Dubri National Park, Madhya Pradesh.
2. To meet the capital expenditure for the renovation of existing resort Pench Jungle Camp, at Pench National Park, Madhya Pradesh.
3. Investment in the Subsidiary, Madhuvan Hospitality Private Limited (“MHPL”) about capital expenditure for the project development at Mathura Hotel Project, Mathura.
4. General Corporate Purposes

About Jungle Camps India

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:

1. Pench Jungle Camp, Pench National Park, Madhya Pradesh, and
2. Rukhad Jungle Camp, Rukhad, Seoni District, Madhya Pradesh
3. Tadoba Jungle Camp, Bhamdeli Village, Chandrapur District, Maharashtra
4. Jungle Camp Kanha, Santapur Village, Balaghat District, Madhya Pradesh.

The Group operates two highway venues:

1. Bison Highway Retreat – Rukhad, District Seoni, Madhya Pradesh (Motel and Restaurant).
2. Midway Treat- Deur Kothar, District Rewa, Madhya Pradesh (Restaurant).

The company has a total of 162 employees.

Competitive Strengths:

Creation of local jobs

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

Jungle Camps India Financial Information

Jungle Camps India IPO Reservation

Jungle Camps India IPO Timeline (Tentative Schedule)

Jungle Camps India IPO opens on December 10, 2024, and closes on December 12, 2024.