Jungle Camps IPO Subscribed over 36.11x on its First day of subscription

Jungle Camps IPO subscription started on Tuesday, December 10, and will close on December 12 as per the schedule. The price band is set at ₹68 to ₹72 per share with a face value of ₹10.

Jungle Camps IPO Subscription Status

Jungle Camps IPO Subscribed over 36.11x on its First day till 05.00 PM on 10th December.

• Jungle Camps IPO subscription QIB investors portion is 0.01x times, while NII subscribed 24.11x times and RII investors subscribed 61.92x times.
• The company has received bids for 9,81,63,200 shares against 27,18,400 shares on offer on the First day.
• Jungle Camps IPO Subscribed over 36.11x on day 1.

About Jungle Camps IPO 

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 this business by inventing its first lodge pench jungle camp offering quest a close connection with the jungle. 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 ever. 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 own 87 rooms, including villas, cottages, deluxe rooms, and safari tents. They also offer other facilities such as banquet halls, meeting rooms, restaurants, bars, cafés, swimming pools, spa facilities, and other associated facilities. Jungle Camps India Limited experienced a 61.01% growth in revenue and a remarkable 699.55% increase in profit after tax (PAT) for the financial year ending March 31, 2024, compared to the previous year ending March 31, 2023.

Jungle Camps IPO  Company Financial Report

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.

Jungle Camps IPO GMP:

Jungle Camps IPO GMP was ₹65 as of Tuesday, December 10th. That indicates the IPO is trading at ₹137 with ₹65 premium in the grey market against the issue price of ₹72.