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

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.

Naturewings Holidays IPO Objectives

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

1. Meeting working capital requirements;
2. Marketing and Business Promotions; and
3. 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.

Naturewings Holidays IPO Reservation

Naturewings Holidays IPO Timeline

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