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 |
