NATUREWINGS HOLIDAYS LIMITED

03 Sep 2024 - 05 Sep 2024 Individual Category SME BSE

Min Investment

₹118400

Price Band

₹74

Issue Size

9.5 lakhs
Equity Shares

Lot Size

1600

IPO Dates
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03 Sep 2024

Open Date

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05 Sep 2024

Close Date

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06 Sep 2024

Allotment Date

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10 Sep 2024

Listing Date

Naturewings Holidays is open for subscription from Tuesday, September 3, 2024, and closes on Thursday, September 5, 2024. This IPO is a Fixed Price Issue type with a decided issue price of Rs 74 per share. Naturewings Holidays IPO is offering entirely a fresh issue of 9.50 lakh of equity shares worth up to Rs 7.03 crore equity shares. The allotment for this new IPO is expected to be finalised on Friday, September 6, 2024. The listing of this IPO will be done on Tuesday, September 10, 2024, at the BSE SME segment. The minimum lot size set for the retail category is 1 lot, i.e., 1600 shares. For retail investors, the minimum and maximum investment amount required is Rs 118,400. However, for the HNI category, the minimum lot size is 2 lots, i.e., 3200 shares amounting to Rs 236,800. The IPO is managed by Fedex Securities Private Limited, which is the book-running lead manager of this public issue. The company has appointed Bigshare Services Private Limited as the registrar for the issue.

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About Naturewings Holidays Limited

Naturewings Holidays Limited was incorporated in December 2018 to deal with holiday packages for leisure tourists to the Himalayas of India, Nepal, and Bhutan. It offers land and air bookings, hotel reservations, in-transit arrangements, local sightseeing, and destination management services from individual to group levels. Recently, Naturewings widened its portfolio with the launch of an international division, extending its services to global destinations. As of March 31, 2024, the company had catered to more than 33,065 travellers through around 7,163 packages. Access to more than 750 hotels across the Himalayan region and at international locations continues to grow Naturewings' reach. The company also engages an adequate network of over 100 registered travel agents in major Indian cities to support its distribution network.

Founded

2018

Managing Director

Sandip Raha and Mousumi Raha

Parent Organization

IPO Objectives

The company intends to utilise the funding raised by the public issue for various purposes including meeting working capital requirements, supporting marketing and business promotions, and addressing general corporate purposes.

Company Promoters

Subscription Details

Investor Category Subscription (times)
Qualified Institutions 0
Non-Institutional Buyers 0
bNII (bids above ₹10L) 0
sNII (bids below ₹10L) 0
Retail Investors 0
Employees 0
Others 0
Total 0

How to Apply for IPO

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IPO Allotment

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