Jungle Camps India IPO

NiftyTrader • December 3, 2024

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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

IPO Date	December 10, 2024 to December 12, 2024
Listing Date	[.]
Face Value	₹10 per share
Price	₹68 to ₹72 per share
Lot Size	1600 Shares
Total Issue Size	4,086,000 shares (aggregating up to ₹29.42 Cr)
Fresh Issue	4,086,000 shares (aggregating up to ₹29.42 Cr)
Issue Type	Book Built Issue IPO
Listing At	BSE SME
Shareholding pre-issue	11,412,072
Share holding post issue	15,498,072
Market Maker portion	204,800 shares

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
S-HNI (Min)	2	3200	₹230,400

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

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:

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:

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

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

Jungle Camps India IPO Reservation

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 (HNI) Shares Offered	Not less than 15.00% 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
A 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