Naturewings Holidays Limited IPO

NiftyTrader • September 3, 2024

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Naturewings Holidays Limited IPO

Naturewings Holidays Limited IPO opens on September 3, 2024, and closes on September 5, 2024. The allotment for the Naturewings Holidays Limited IPO is anticipated to be completed on Friday, September 6, 2024. The IPO will be tentatively listed on the BSE and SME on Tuesday, September 10, 2024.

Naturewings Holidays Limited IPO’s price band is Rs 74 per share. The IPO is a book-built issue of Rs 7.03 crores an entirely new issue of 9.5 lakh shares.

Naturewings Holidays IPO Details

IPO Date	September 3, 2024 to September 5, 2024
Listing Date	[.]
Face Value	₹10 per share
Price	₹74 per share
Lot Size	1600 Shares
Total Issue Size	950,400 shares (aggregating up to ₹7.03 Cr)
Fresh Issue	950,400 shares (aggregating up to ₹7.03 Cr)
Issue Type	Book Built Issue IPO
Listing At	BSE SME
Shareholding pre-issue	2,210,000
Shareholding post-issue	3,160,400
Market Maker portion	48,000 shares

Naturewings Holidays 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	₹118,400
Retail (Max)	1	1600	₹118,400
S-HNI (Min)	2	3200	₹236,800

Naturewings Holidays IPO Objectives

The company proposes to utilize the Net Proceeds from the Issue towards the following objects:

Meeting working capital requirements;
Marketing and Business Promotions; and
General corporate purposes.

About Jeyyam Global Foods Limited

Founded in December 2018, Naturewings Holidays Limited specializes in crafting tailored holiday packages for the Himalayan regions of India, Nepal, and Bhutan, and recently expanded to international destinations. With a portfolio of over 750 hotels and a network of more than 100 travel agents across India, the company offers comprehensive travel services including bookings, hotel reservations, and local sightseeing. By March 31, 2024, Naturewings had served approximately 7,163 packages to over 33,065 travelers and launched international tours in March 2022, delivering 54 packages to diverse locations such as Indonesia, Thailand, and the Maldives. The company employs 51 staff members dedicated to ensuring exceptional travel experiences.

Naturewings Holidays Limited Financial Information

Naturewings Holidays Limited’s revenue increased by 86% and profit after tax (PAT) rose by 72% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended	31 Mar 2024	31 Mar 2023	31 Mar 2022
Assets	571.61	514.16	309.57
Revenue	2,189.97	1,176.25	418.32
Profit After Tax	111.92	65.08	19.89
Net Worth	265.63	153.71	88.63
Reserves and Surplus	44.63	68.71	83.63
Total Borrowing	5.12	6.99	8.73
			Amount in ₹ Lakhs

Naturewings Holidays IPO Reservation

Investor Category	Shares Offered
Other Shares Offered	50% of the Net Issue
Retail Shares Offered	50% of the Net Issue

Naturewings Holidays IPO Timeline

Naturewings Holidays IPO opens on September 3, 2024, and closes on September 5, 2024.

IPO Open Date	Tuesday, September 3, 2024
IPO Close Date	Thursday, September 5, 2024
Basis of Allotment	Friday, September 6, 2024
Initiation of Refunds	Monday, September 9, 2024
A credit of Shares to Demat	Monday, September 9, 2024
Listing Date	Tuesday, September 10, 2024
Cut-off time for UPI mandate confirmation	5 PM on September 5, 2024