Juniper Hotels IPO GMP, Price, Date, Allotment

Juniper Hotels IPO GMP

Juniper Hotels IPO Description – Juniper Hotels is a luxury hotel development and ownership company. Juniper Hotels is co-owned by Saraf Hotels Limited and Two Seas Holdings Limited, an affiliate of the prominent global hospitality entity, Hyatt Hotels Corporation. The partnership is unique as Hyatt owns 50% of Juniper Hotels through Two Seas Holdings. It functions as a luxury hotel development and ownership enterprise and owns 1,836 “Hyatt” affiliated hotel keys in India as of 30 September 2023. The company manages a diverse portfolio consisting of seven hotels and serviced apartments.

The company’s hotels and serviced apartments are situated across the luxury, upper upscale, and upscale categories at various geographies. Additionally, Grand Hyatt Mumbai Hotel and Residences holds the distinction of being the largest hotel in India. As of 30 September 2023, the company employed a total of 1,631 permanent employees, while Chartered Hotels Private Limited had a total of 362 employees.

Juniper Hotels

Promoters of Juniper Hotels – Arun Kumar Saraf, Saraf Hotels Limited, Two Seas Holdings Limited, and Juniper Investments Limited

Juniper Hotels IPO Details

Juniper Hotels IPO Dates21 – 23 February 2024
Juniper Hotels Issue PriceINR 342 – 360 per share
Fresh issueINR 1,800 crore
Offer For SaleNIL
Total IPO sizeINR 1,800 crore
Minimum bid (lot size)40 Shares (INR 14,400)
Face Value INR 10 per share
Retail Allocation10%
Listing OnBSE, NSE

Juniper Hotels Financial Performance

 FY 2021FY 2022FY 2023H1 FY 2024
Net income(199.49)(188.03)(1.50)(26.50)
Margin (%)(119.92)(60.91)(0.22)(7.88)
Figures in INR Crores unless specified otherwise

Juniper Hotels Offer News

Juniper Hotels Valuations & Margins

FY 2021FY 2022FY 2023
PE ratio
RONW (%)(36.68)(52.76)(0.42)
ROCE (%)(5.23)(3.30)
EBITDA (%)11.5129.5244.94
*Compiled by IPO Central from Prospectus

Juniper Hotels IPO GMP Today (Daily Trend)

DateDay-wise IPO GMPKostakSubject to Sauda
24 February 20245
23 February 20245
22 February 20245
21 February 20248
20 February 202410
19 February 202410
17 February 202415

Juniper Hotels IPO Objectives

The net proceeds of the Issue, i.e., gross proceeds of the Issue less the Issue related expenses (Net Proceeds) are proposed to be utilized in the following manner:

  • Repayment/ prepayment/ redemption, in full or in part, of certain outstanding borrowings availed by the company and Subsidiaries, namely CHPL and CHHPL – INR 1,500 crore
  • General corporate purposes

Juniper Hotels IPO Subscription – Live Updates

Shares Offered15,789,4747,894,7365,263,15728,947,367
23 Feb 20242.960.851.242.07
22 Feb 20240.060.140.870.23
21 Feb 20240.000.060.520.11

Juniper Hotels – Comparison With Listed Peers

CompanyEV/EBITDAPE ratioEPSRONW (%)NAVRevenue (Cr.)
Juniper Hotels14.75(0.10)(0.42)24.67666.85
Chalet Hotels36.1162.668.9411.8975.191,128.47
Lemon Tree Hotels27.7983.901.459.9417.86874.99
The Indian Hotels34.3459.007.0612.1860.845,809.91
EIH Limited27.1747.105.039.4855.522,018.81

Juniper Hotels IPO Allotment Status

Juniper Hotels IPO allotment status is now available on the KFin Tech website. Click on this link to get allotment status.

Juniper Hotels IPO Dates & Listing Performance

Juniper Hotels IPO Opening Date21 February 2024
Juniper Hotels IPO Closing Date23 February 2024
Finalization of Basis of Allotment26 February 2024
Initiation of refunds27 February 2024
Transfer of shares to demat accounts27 February 2024
Juniper Hotels IPO Listing Date28 February 2024
Opening Price on NSEINR 365 per share (up 1.39%)
Closing Price on NSEINR 401.50 per share (up 11.53%)

Juniper Hotels PO Reviews – Subscribe or Avoid?

Angel One –
Anand Rathi –
Axis Capital –
Antique Stock Broking –
Arihant Capital –
Ashika Research – Not Rated
Asit C Mehta –
BP Wealth – Avoid
Capital Market – Neutral
Canara Bank Securities – Avoid
Choice Broking –
Dalal & Broacha –
Elite Wealth – Avoid
GCL Broking –
Geojit –
GEPL Capital –
Hem Securities – Subscribe for long term
ICICIdirect –
Investmentz –
Jainam Broking Subscribe for listing gains
DR Choksey –
LKP Research –
Marwadi Financial – Subscribe
Motilal Oswal –
Nirmal Bang –
Reliance Securities –
Religare Broking –
SBI Securities – Subscribe for long term Horizon
Systematix Group – Not Rated
Samco Securities – Avoid
SMC Global – 2/5
Swastika Investmart –
Ventura Securities – Subscribe

Juniper Hotels Offer Lead Manager

7th Floor, Cnergy, Appasaheb Marathe Marg,
Prabhadevi, Mumbai 400 025,
Maharashtra, India
Phone: +91 22 6630 3030
Email[email protected]

Juniper Hotels Offer Registrar

Selenium Tower – B, Plot 31 & 32, Gachibowli,
Financial District, Nanakramguda, Serilingampally,
Hyderabad – 500 032, Telangana
Tel: +91 40 6716 2222
E-mail: [email protected]

Juniper Hotels Contact Details

Off Western Express Highway,
Santacruz East, Mumbai 400 055, Maharashtra
Phone: +91 22 6676 1000
Email: [email protected]

Juniper Hotels IPO FAQs

How many shares in Juniper Hotels IPO are reserved for HNIs and retail investors?

The investors’ portion for QIB – 75%, NII – 15%, and Retail – 10%.

How to apply in Juniper Hotels Public Offer?

The best way to apply in Juniper Hotels’ public offer is through Internet banking ASBA (know all about ASBA here). You can also apply online through your stock broker using UPI. If you prefer to make paper applications, fill up an offline IPO form and deposit the same to your broker.

What is Juniper Hotels IPO GMP today?

Juniper Hotels IPO GMP today is INR 5 per share.

What is Juniper Hotels kostak rate today?

Juniper Hotels kostak rate today is INR NA per application.

What is Juniper Hotels Subject to Sauda rate today?

Juniper Hotels Subject to Sauda rate today is INR NA per application.


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