Jungle Camps IPO is an exciting new offering, set to raise ₹29.42 crores through a 100% fresh issue of 40.86 lakh equity shares. The IPO is scheduled to open for subscription on December 10, 2024, and will close on December 12, 2024. With a price band ranging between ₹68 to ₹72 per share, investors can apply for a minimum lot size of 1,600 shares, requiring an investment of ₹115,200.
High Net Worth Individuals (HNI) need to apply for a minimum of 2 lots, amounting to ₹230,400. The face value of each share is ₹10. Jungle Camps India IPO is expected to be listed on BSE SME, with the tentative listing date set for December 17, 2024. Allotments will be finalized by December 13, 2024, making this a noteworthy IPO to watch in the SME segment.
Overview of Contents
About Jungle Camps India
Founded in 2002, Jungle Camps India is a leading conservation-driven hospitality company specializing in eco-tourism and premium wildlife experiences. The company operates a diverse portfolio of wildlife camps, boutique resorts, guest houses, and dining establishments across India. Jungle Camps India is known for its four award-winning boutique resorts located in prominent tiger reserves and national parks in central India, offering visitors an immersive and luxurious experience amidst nature.
Beyond its wildlife-centric offerings, Jungle Camps India manages a highway retreat and restaurant, catering to travelers seeking comfort and exceptional service. The company boasts 87 uniquely designed accommodations, including villas, cottages, deluxe rooms, and safari tents, all equipped with modern amenities. Guests can enjoy facilities such as banquet halls, meeting rooms, restaurants, bars, cafes, swimming pools, and spa services.
With a strong focus on sustainability and customized travel experiences, Jungle Camps India has established itself as a trusted name in eco-friendly hospitality, making it a favorite among nature enthusiasts and travelers seeking memorable wildlife adventures.
Jungle Camps India IPO Details
Below is a comprehensive table outlining the key details of the Jungle Camps India IPO, providing essential information for investors:
| Particulars | Details |
|---|---|
| IPO Date | December 10, 2024, to December 12, 2024 |
| Listing Date | December 17, 2024 (Tentative) |
| Face Value | ₹10 per share |
| Price Band | ₹68 to ₹72 per share |
| Lot Size | 1,600 Shares |
| Minimum Investment (Retail) | ₹115,200 |
| Minimum Investment (HNI) | ₹230,400 (2 Lots) |
| Total Issue Size | 4,086,000 shares (₹29.42 Cr) |
| Fresh Issue | 4,086,000 shares (₹29.42 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE SME |
| Pre-Issue Shareholding | 11,412,072 shares |
| Post-Issue Shareholding | 15,498,072 shares |
| Market Maker Portion | 204,800 shares |
| Purpose of IPO | To fund expansion, strengthen balance sheet, and meet general corporate needs |
| Promoter Holding (Pre-Issue) | 72.36% |
| Promoter Holding (Post-Issue) | 58.50% |
Jungle Camps India IPO Dates
The Jungle Camps India IPO timeline provides clarity for investors, from the opening of subscriptions on December 10, 2024, to the tentative listing date on December 17, 2024. Investors should ensure timely UPI mandate confirmation and monitor allotment and refund dates for a seamless IPO experience.
| Event | Date | Details |
|---|---|---|
| IPO Open Date | Tuesday, December 10, 2024 | Investors can start applying for the IPO on this date. |
| IPO Close Date | Thursday, December 12, 2024 | Last date to submit IPO applications. UPI mandate confirmation deadline is 5 PM. |
| Basis of Allotment | Friday, December 13, 2024 | Finalization of allotment status for all investors. |
| Initiation of Refunds | Monday, December 16, 2024 | Refunds for unallotted shares will be initiated on this date. |
| Credit of Shares to Demat | Monday, December 16, 2024 | Allotted shares will be credited to investors' Demat accounts. |
| Listing Date | Tuesday, December 17, 2024 | The IPO shares are expected to list on the BSE SME platform. |
| Cut-off Time for UPI Mandate | 5 PM on December 12, 2024 | Deadline for UPI mandate confirmation for successful IPO application submission. |
Jungle Camps India IPO Lot Size
Investors in the Jungle Camps India IPO can apply in lot sizes of 1,600 shares and multiples thereof. The investment requirements vary for retail investors and High Net Worth Individuals (HNIs), offering opportunities for participation across different categories. Below is a detailed breakdown of the minimum and maximum investments, including the number of shares and the corresponding amount:
| Category | Application | Lots | Shares | Investment Amount (₹) | Eligibility |
|---|---|---|---|---|---|
| Retail Investors | Minimum | 1 | 1,600 | ₹115,200 | Retail investors can apply for a single lot only, as per SEBI regulations for SME IPOs. |
| Retail Investors | Maximum | 1 | 1,600 | ₹115,200 | The maximum investment allowed for retail investors in this IPO is restricted to 1 lot. |
| HNI Investors | Minimum | 2 | 3,200 | ₹230,400 | HNIs are required to bid for at least 2 lots, qualifying them as non-retail category investors. |
| HNI Investors | Maximum | No Limit | Multiples | Varies | HNIs can invest in multiples of 1,600 shares with no upper limit, based on subscription levels. |
Jungle Camps IPO Company Financial Report
The financial growth of Jungle Camps India highlights the company’s robust performance over recent years. With a steady increase in revenue and profit, the company is well-positioned for expansion. Below is a detailed financial summary showcasing its revenue, expenses, profit after tax, and total assets over the last three financial years:
| Period Ended | Revenue (₹ Cr) | Expenses (₹ Cr) | Profit After Tax (₹ Cr) | Profit Margin (%) | Assets (₹ Cr) | YoY Revenue Growth (%) | YoY Profit Growth (%) |
|---|---|---|---|---|---|---|---|
| 2022 | ₹7.39 | ₹6.78 | ₹0.73 | 9.88% | ₹18.92 | - | - |
| 2023 | ₹11.10 | ₹10.46 | ₹0.45 | 4.05% | ₹18.41 | 50.20% | -38.36% |
| 2024 | ₹17.49 | ₹13.05 | ₹3.59 | 20.52% | ₹29.43 | 57.48% | 697.78% |
Key Highlights
- Revenue Growth: The company achieved a remarkable 57.48% growth in revenue from FY 2023 to FY 2024, reflecting increased business activity and market expansion.
- Profit Margin Surge: The profit margin jumped to 20.52% in FY 2024, showcasing efficient cost management and improved operational performance.
- Asset Base Expansion: The total assets increased significantly to ₹29.43 crores in FY 2024, aligning with the company’s growth trajectory.
- Exceptional Profit Growth: The profit after tax witnessed a massive 697.78% YoY growth in FY 2024, reflecting strong financial performance and strategic initiatives.
This consistent growth trend underscores Jungle Camps India’s potential as a lucrative investment opportunity, driven by its expanding operations and efficient financial management.
Jungle Camps India IPO Valuation Metrics – FY2024
The valuation metrics for Jungle Camps India indicate strong financial performance, with a high return on equity and solid profitability. Below is an overview of key financial ratios and performance indicators that highlight the company’s potential as a growth stock in the IPO market:
| KPI | Value | Description |
|---|---|---|
| Return on Equity (ROE) | 20.01% | A strong ROE indicates that the company is generating a healthy return on shareholders' equity. |
| Return on Capital Employed (ROCE) | 24.75% | ROCE reflects the company's ability to generate profit from its capital investments. |
| EBITDA Margin | 38.22% | A high EBITDA margin showcases efficient cost management and solid operating performance. |
| PAT Margin | 20.54% | Indicates the company's ability to convert revenue into actual profit, a sign of good financial health. |
| Debt to Equity Ratio | 0.23 | The low debt-to-equity ratio shows that the company has low financial leverage, reducing risk. |
| Earnings Per Share (EPS) | ₹7.82 (Basic) | The earnings per share represent a good earning capacity of the company for investors. |
| Price/Earnings (P/E) Ratio | N/A | As the company is yet to be listed, the P/E ratio is unavailable at the moment. |
| Return on Net Worth (RoNW) | 20.01% | The return on net worth shows how effectively the company is utilizing its net assets to generate profit. |
| Net Asset Value (NAV) | ₹26.61 | NAV represents the value per share of the company’s net assets, an important metric for valuing the IPO. |
Key Valuation Insights
- Solid Profitability: The high PAT margin and EBITDA margin indicate strong operational efficiency, positioning Jungle Camps India for continued growth.
- Robust Returns: With an ROE and ROCE above 20%, the company demonstrates its ability to generate substantial returns on investments.
- Low Leverage: The debt-to-equity ratio of 0.23 signals that Jungle Camps India maintains low financial risk, which is appealing for investors.
- Strong Earnings: With an EPS of ₹7.82, the company offers a decent earning potential for investors looking for solid returns from its IPO.
These valuation metrics make Jungle Camps India a potentially attractive investment, with solid financial fundamentals and a low-risk profile for IPO investors.
Jungle Camps India IPO: Peer Group Comparison
The Peer Group Comparison highlights how Jungle Camps India stands in comparison to its industry peers in terms of key financial metrics. By analyzing factors such as Earnings Per Share (EPS), Price-to-Earnings (P/E) Ratio, Return on Net Worth (RoNW), Net Asset Value (NAV), and Income, investors can better assess the company’s performance relative to others in the hospitality and tourism sector.
| Company | EPS (₹) | P/E Ratio | RoNW (%) | NAV (₹) | Income (₹ Cr.) |
|---|---|---|---|---|---|
| Jungle Camps India (IPO) | ₹7.82 | N/A | 20.01% | ₹26.61 | ₹17.49 Cr. |
| Best Eastern Hotels Limited | ₹0.08 | 224.38 | 6.07% | ₹1.37 | ₹6.22 Cr. |
| The Byke Hospitality Limited | ₹1.39 | 53.44 | 2.80% | ₹43.06 | ₹85.13 Cr. |
| Espire Hospitality Limited | ₹1.90 | 60.72 | 77.12% | ₹2.46 | ₹36.36 Cr. |
| Ras Resorts and Apart Hotels Ltd | ₹0.46 | 92.54 | 0.94% | ₹49.20 | ₹13.29 Cr. |
Key Insights from the Peer Comparison
- Earnings Per Share (EPS): Jungle Camps India’s EPS of ₹7.82 is significantly higher than the peers listed here, especially when compared to companies like Best Eastern Hotels Limited (₹0.08) and Ras Resorts (₹0.46).
- Price-to-Earnings (P/E) Ratio: The P/E ratio is not available for Jungle Camps India as the IPO hasn’t been listed yet, but it remains competitive compared to The Byke Hospitality Limited with a P/E ratio of 53.44.
- Return on Net Worth (RoNW): Jungle Camps India’s RoNW of 20.01% is competitive, especially compared to The Byke Hospitality Limited (2.80%), although Espire Hospitality Limited has a significantly higher RoNW of 77.12%.
- Net Asset Value (NAV): Jungle Camps India has an NAV of ₹26.61, which is on the higher side when compared to Best Eastern Hotels Limited (₹1.37) and Ras Resorts (₹49.20).
- Income: Jungle Camps India’s ₹17.49 crores in income is competitive but significantly lower than The Byke Hospitality Limited (₹85.13 crores).
Objects of the Issue
The primary objectives of the Jungle Camps India IPO are outlined below, detailing how the funds raised will be utilized to fuel the company’s growth and expansion:
| Object | Explanation |
|---|---|
| Capital Expenditure for Sanjay Dubri National Park Project | A portion of the proceeds will be used for developing new projects at the Sanjay Dubri National Park, located in Madhya Pradesh. The development will enhance the company's wildlife tourism offerings and help in establishing a premium destination in central India. |
| Renovation of Pench Jungle Camp | The funds will also be allocated to the renovation and upgrading of the Pench Jungle Camp at Pench National Park. This will involve refurbishing the resort's infrastructure to meet higher standards, improving the customer experience, and enhancing the resort's appeal to a broader market. |
| Investment in Madhuvan Hospitality Private Limited (MHPL) | Jungle Camps India plans to invest in its subsidiary, Madhuvan Hospitality Private Limited (MHPL). This investment will be specifically used for the capital expenditure required for the Mathura Hotel Project. This development aims to create another hospitality venture, expanding the company’s footprint and increasing its revenue streams. |
| General Corporate Purposes | The remaining funds will be used for general corporate purposes, providing flexibility for operational needs, working capital, and any unforeseen requirements to support the company’s long-term growth trajectory. |
Jungle Camps IPO Registrar
- Skyline Financial Services Pvt Ltd
- D-153 A, 1st Floor, Okhla Industrial Area,
- Phase – I, New Delhi-110020
- Phone: +91- 11-40450193-197
- Email: ipo@skylinerta.com
- Website: www.skylinerta.com
Company Address
- Jungle Camps India Limited
- 221-222/9, 2nd Floor, Som Dutt Chamber-II,
- Bhikaji Cama Place, New Delhi-110066, India
- Phone: 011-41749354
- E-mail: legal@junglecampsindia.com
- Website: www.junglecampsindia.com
Jungle Camps India IPO – FAQs
What is the Jungle Camps India IPO opening date?
The Jungle Camps India IPO opens on December 10, 2024, and closes on December 12, 2024.
What is the price band for the IPO?
The price band is set between ₹68 and ₹72 per share.
What is the lot size for this IPO?
The minimum lot size is 1600 shares, which amounts to an investment of ₹115,200 for retail investors.
What is the total issue size of the Jungle Camps India IPO?
The total issue size is ₹29.42 crores, consisting of 4,086,000 shares.
When will the IPO allotment be finalized?
The allotment will be finalized on December 13, 2024.
When will the Jungle Camps India IPO list on the stock exchange?
The IPO is expected to list on the BSE SME on December 17, 2024.
What are the key objects of the IPO?
The funds will be used for capital expenditure for development at Sanjay Dubri National Park, renovation of Pench Jungle Camp, investment in Madhuvan Hospitality Private Limited, and general corporate purposes.
Who can apply for the Jungle Camps India IPO?
Retail investors can apply for a minimum of 1600 shares (₹115,200), while HNI investors can apply for multiples of 3200 shares (₹230,400).
What is the earning per share (EPS) for Jungle Camps India?
The EPS for Jungle Camps India is ₹7.82 (Basic).
How will the funds raised be utilized?
The funds will support the development and renovation of key projects at wildlife resorts, investments in a subsidiary, and general corporate purposes.