Jungle Camps IPO will be open on December 10, 2024. Today, we will share with you 10 important things about the company’s issues as follows:
1. Jungle Camps IPO Open and closing date?
Jungle Camps IPO’s opening date is December 10, 2024, and the closing date is December 12, 2024.
2. What is the size of the Jungle Camps IPO?
The company Jungle Camps decided to raise around ₹29.42 crores via IPO that comprises fresh issue of ₹₹29.42 crores and offer for sale up to [.] equity shares with a face value of ₹10 each.
3. What are the subscription details of the Jungle Camps IPO?
The price band for the Jungle Camps IPO is set as ₹68 to ₹72 per share. In this IPO, a total of 1,600 shares were available in 1 lot size for the minimum Retail category, and for the maximum retail category 1600 shares in 1 lot size were available as well. Retail investors must invest at least ₹1,15,200. While the S-HNI Minimum total of 3200 shares was available in 2 lot sizes, the small size for non-institutional investors must invest at least ₹2,30,400.
4. What is the Jungle Camps IPO listing Date?
Jungle Camps is an NSE SME IPO whose shares will be listed on 17th December 2024 on the BSE (Bombay Stock Exchange).
5. What are the objectives of the Jungle Camps IPO Issue?
The main objectives of the Jungle Camps IPO are to Cover capital costs for the project development of Sanjay Dubri National Park, as well as cover the expenses of renovation of the existing resort Pench Jungle Camp. Also, supports the general corporate purposes of the company.
6. About Jungle Camps
Incorporated in 2002, Jungle Camps is one of the leading companies that offer eco-friendly camps to guests close to beautiful nature and the environment. They started offering camps for not just business but also providing their guest with a piece of Indian wildlife, leaving them with a memorable and luxurious experience. As of now, Jungle Camps have collected four award-winning boutique resorts at Prime Wildlife and Tiger Reserves National Park. Moreover, with its subsidiaries, Jungle Camps owns 87 rooms, including villas, cottages, deluxe rooms, and safari tents.
7. Jungle Camps Financials
The company reported revenue of ₹17.49 crore in 2024 against ₹11.10 crore in 2023. The company reported a Profit of ₹3.59 crores in 2024 against a Profit of ₹0.45 crores in 2023.
8. Jungle Camps IPO Promoters
The promoters of the Jungle Camps company are Mr. Gajendra Singh, Ms. Laxmi Rathore, Mr. Yashovardhan Rathore, Mr. Ranvijay Singh Rathore, and G S Rathore HUF.
9. Jungle Camps IPO Risk Factors
- Pros
- Jungle Camps has collected four award-winning boutique resorts at Prime Wildlife and Tiger Reserves National Park.
- They have also secured leasehold rights for 4 more as a future expansion, which will have a total of 170 rooms and many other facilities.
- Cons
- They have signed multiple contracts with other companies that are not legally stamped, registered, or signed, which means they might not be accepted as legal evidence in the future.
- The company does not have a good reputation for submitting the required returns over the years.
10. Who are the Jungle Camps IPO lead manager and registrar?
Khambatta Securities Limited is the lead manager of Jungle Camps while Skyline Financial Services Pvt Ltd is the registrar of the company.
