Juniper Hotels Limited IPO

21 Feb 2024 - 23 Feb 2024 Individual Category IPO NSE

Min Investment

₹27360

Price Band

₹342-₹360

Issue Size

500 lakhs
Equity Shares

Lot Size

40 (per lot)

IPO Dates
img

21 Feb 2024

Open Date

img

23 Feb 2024

Close Date

img

26 Feb 2024

Allotment Date

img

28 Feb 2024

Listing Date

Juniper Hotels Limited IPO 2024 is open for subscription from Wednesday, February 21, 2024 and will close on Friday, February 23, 2024. The price band for this IPO is decided at Rs 342 to Rs 360 per share. The minimum lot size of this application for the retail category has 40 shares. The minimum lot size for small non-institutional investors is 14 lots consisting of 560 shares. Whereas, the minimum lot for big non-institutional investors is 70 lots consisting of 2800 shares. The minimum amount of investment required for retail category investors is Rs 14,400 (360 x 40 shares). However, for small non-institutional investors the minimum investment amount is required Rs 2,01,600 ( 360 x 560 shares) and for big non-institutional investors is Rs 10,08,000 (360 x 2800 shares). Juniper Hotels Limited IPO 2024 is a book-built issue of Rs 1800 crores. The issue is entirely a fresh issue of 5 crore shares. The allotment for this IPO is expected to be finalized on Monday, February 26, 2024. Juniper Hotels Limited IPO will list on both BSE, NSE and listing date fixed on wednesday, February 28, 2024. The book running lead managers of Juniper Hotels Limited are Jm Financial Limited, CLSA India Private Limited and ICICI Securities Limited. The registrar for this IPO is Kfin Technologies Limited.

Know Before Investing

Strengths icon

Weaknesses icon

About Juniper Hotels Limited Ipo

Juniper Hotels Limited incorporated in September 1985, It is a luxury hotel development and ownership company. The Hotels and serviced apartments in Mumbai, Delhi, Ahmedabad, Lucknow, Raipur, Hampi are landmark in the luxury, upper scale and upscale categories. Grand Hyatt Mumbai Hotel and Residence is India’s one of the most luxurious Hotel. Hyatt Regency Lucknow and Hyatt Regency Ahmedabad are the biggest upper upscale hotels in their respective markets. Juniper Hotels is co-owned by Saraf Hotels Limited and Two Seas Holdings Limited, an affiliate of Hyatt Hotels Corporation forming a strategic partnership between hotel developer and international hospitality company. As of September 2023, the company operates seven hotels and services with a total of 1,836 rooms. Juniper is honored with several awards including the Best Luxury Hotel in Delhi, and Best 5 star hotel in Gujarat. As per record, in September 2023, the company had a total 1,613 permanent employees.

Founded

1985

Managing Director

Arun Kumar Saraf

Parent Organization

IPO Objectives

After deducting the issue related expenses and the net proceeds will be utilized for repayment, prepayment of the certain outstanding borrowing availed by the company. Other than this, the funds will also be used for the 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
img

How to Apply for IPO

img img

Login

Login to your Bigul Account

Select Lots & Price

Choose the number of lots and price

UPI ID

Enter your UPI ID

UPI Mandate Request

A UPI Mandate Request Triggered

Approve Mandate

Approve the UPI Mandate Request

IPO Allotment

YES Share will be credited. and the amount will be debited

Close

Let's Open Free Demat Account