Jungle Camps India Limited is set to launch its IPO. The opening date is 10 December 2024, and it will close on 12 December 2024. This is a book-built issue. Through this Initial Public Offering, the company aims to collect approximately ₹29.42 crores.
The IPO will consist of a fresh issue of 40,86,400 equity shares worth ₹29.42 crores. The face value of the shares is ₹10 per share. The issue price for the Jungle Camps India Limited IPO is fixed at ₹72 per share. The shares are proposed to be listed on the SME platform of BSE Limited.
IPO Key Highlights
| Category | Detail | Information |
|---|---|---|
| Key Dates | IPO Open Date | December 10, 2024 |
| IPO Close Date | December 12, 2024 | |
| Pricing Information | Face Value | ₹10 per share |
| Price Band | ₹68 to ₹72 per share | |
| Offer Structure | Total Issue Size | 4,086,400 shares (aggregating up to ₹29.42 Cr) |
| Fresh Issue | 4,086,400 shares (aggregating up to ₹29.42 Cr) | |
| Market Maker Reservation | 204,800 shares | |
| Investor Details | Lot Size | 1,600 Shares |
| Listing Exchange | BSE SME | |
| IPO Type | Book Built Issue IPO |
Important Dates to Remember
| Event | Date |
|---|---|
| IPO Opening Date | December 10, 2024 (Tuesday) |
| IPO Closing Date | December 12, 2024 (Thursday) |
| Finalisation of Basis of Allotment | December 13, 2024 (Friday) |
| Initiation of Refunds | December 16, 2024 (Monday) |
| Credit of Shares in Demat Account | December 16, 2024 (Monday) |
| Listing Date | December 17, 2024 (Tuesday) |
What is GMP of Jungle Camps India IPO Today?
As of December 10, 2024, the Grey Market Premium (GMP) for the Jungle Camps India IPO is ₹75. This indicates that the shares are expected to list at approximately ₹147 per share.
Note: GMP is an unofficial indicator and is based on market speculation; it does not guarantee actual listing performance.
Company Financial Standings
| Period | 30 June 2024 (₹ Lakhs) | 31 March 2024 (₹ Lakhs) | 31 March 2023 (₹ Lakhs) | 31 March 2022 (₹ Lakhs) |
|---|---|---|---|---|
| Total Assets | 2,956.68 | 2,943.39 | 1,840.50 | 1,892.07 |
| Total Revenue | 572.25 | 1,810.61 | 1,124.55 | 781.17 |
| Total Expense | 414.40 | 1,305.35 | 1,046.34 | 678.24 |
| Profit After Tax | 110.39 | 359.16 | 44.92 | 72.86 |
| Company’s Net Worth | 1,878.20 | 1,794.89 | 930.04 | 703.81 |
| Total Reserves & Surplus | 798.99 | 1,120.39 | 717.80 | 547.26 |
Jungle Camps India Limited has shown strong growth in its total assets, which increased from ₹18.92 crores in FY 2022 to ₹29.57 crores as of 30 June 2024, indicating significant expansion in its resources.
However, the company’s revenue has declined from ₹7.81 crores in FY 2022 to ₹5.72 crores in the six months ending 30 June 2024, reflecting some challenges in its operations and market performance.
On a positive side, the company has managed to significantly improve its Net Profit After Tax (PAT), which has increased from ₹0.73 crores in FY 2022 to ₹1.10 crores as of 30 June 2024, demonstrating effective cost management and profitability despite of decline in revenue.
Company’s Key Metrics (FY 2024)
| Key Performance Indicator | Value |
|---|---|
| Return on Capital Employed (ROCE) | 7.42% |
| Return on Equity (ROE) | 5.88% (as of June 30, 2024) |
| EBITDA Margin (%) | 36.17% |
| After Tax Profit Margin (%) | 19.57% |
| Debt to Equity Ratio | 0.21 |
| Return on Net Worth (RONW) | 5.88% |
| Net Asset Value (NAV) | ₹17.40 |
| Earnings Per Share (EPS) | ₹0.97 (Basic) |
Lot Size and Application Amount
| Key Performance Indicator | Value |
|---|---|
| Retail Investor (Minimum Lot) | 1 Lot - 1600 Shares - ₹115,200 |
| Retail Investor (Maximum Lot) | 1 Lot - 1600 Shares - ₹115,200 |
| HNI Investor (Minimum Lot) | 2 Lots - 3200 Shares - ₹230,400 |
Investor Category-Wise Reservation
| Investor Category | Reservation |
|---|---|
| Shares Reserved for QIB | Not more than 50% of the Net Offer |
| Shares Reserved for Retail Investors | Not less than 35% of the Net Offer |
| Shares Reserved for Non-Institutional Investors | Not less than 15% of the Net Offer |
Net Cash Flow Overview
| Net Cash Flow | For the Period Ended June 30, 2024 (₹ Lakhs) | FY 2024 (₹ Lakhs) | FY 2023 (₹ Lakhs) | FY 2022 (₹ Lakhs) |
|---|---|---|---|---|
| Net Cash Flow from Operating Activities | 155.85 | 222.02 | 86.72 | 157.77 |
| Net Cash Flow from Investing Activities | -107.63 | -536.92 | -89.93 | -196.28 |
| Net Cash Flow from Financing Activities | -5.27 | 428.43 | -49.82 | 149.05 |
| Cash and Cash Equivalents | 278.44 | 235.49 | 109.94 | 162.96 |
Peer Comparison: EPS, PE Ratio, and Face Value
| Company Name | EPS* Basic (₹) | P/E Ratio | Face Value (₹) |
|---|---|---|---|
| Jungle Camps India Limited | 7.82 | [●] | 10.00 |
| Best Eastern Hotels Limited | 0.08 | 211.88 | 1.00 |
| The Byke Hospitality Limited | 1.39 | 54.70 | 10.00 |
| Espire Hospitality Limited | 1.90 | 104.21 | 10.00 |
| Ras Resorts and Apart Hotels Limited | 0.46 | 117.15 | 10.00 |
Key Objectives of the Proposed Offer
- To finance the project development at Sanjay Dubri National Park, Madhya Pradesh.
- To fund the renovation of Pench Jungle Camp at Pench National Park, Madhya Pradesh.
- To invest in the subsidiary, Madhuvan Hospitality Private Limited, for the Mathura Hotel Project in Mathura, Uttar Pradesh.
- To meet general corporate purposes.
Positives and Negatives of Jungle Camp India Ltd
Positives
- Strong brand reputation built over two decades of customer-centric operations.
- Strategically located camps near major national parks and nature reserves.
- Diverse and specialized offerings, including luxury accommodations and eco-tourism experiences.
- Consistent growth driven by an experienced management team and a scalable business model.
- Established presence in prime wildlife and tiger reserve locations.
Negatives
- Seasonal fluctuations leading to periods of low occupancy and revenue.
- High workforce turnover and labor shortages affecting service quality.
- Price-sensitive customers impacting revenue margins and profitability.
Final Thoughts About this IPO
Jungle Camps India Limited has shown a decent growth in its assets and net profits and it shows that company has been making good efforts to create a strong position in the eco-tourism sector. The company is also expanding its operations at key national parks and developing a solid financial foundation for the future growth.
However, the decline in revenue in recent periods and the challenges in managing costs could raise concerns for investors.
Overall, Jungle Camps India Limited presents a promising opportunity for long-term growth, especially in the growing eco-tourism market.
It is always beneficial to read Draft Red Herring Prospectus (DRHP) and Red Herring Prospectus (RHP) carefully to better understand its financials and growth opportunities before making a decision.
Looking for more IPO reviews? Check out our IPO Dashboard for recent posts on other Main-board IPO & SME IPOs for the latest market updates.
Popular Questions
- What are the opening and closing dates for the Jungle Camps India Limited IPO?
The IPO opens on December 10, 2024, and closes on December 12, 2024. - Who is the lead manager for this IPO?
The lead manager is Khambatta Securities Limited. - Who is the registrar for the Jungle Camps India Limited IPO?
The registrar is Skyline Financial Services Private Limited. - What is the issue price for the Jungle Camps India Limited IPO?
The issue price is set at ₹72 per equity share. - What is the minimum lot size for retail investors in this IPO?
Retail investors can bid for a minimum of 1,600 shares, amounting to ₹1,15,200. - What are the main objectives of the IPO?
The funds raised through this issue will be utilized for developing projects at Sanjay Dubri National Park and Pench National Park, and meeting some general corporate expenses. - On which stock exchange will the shares be listed?
The shares are proposed to be listed on the SME platform of BSE Limited. - What is the total issue size for the Jungle Camps India Limited IPO?
The IPO consists of up to 40,86,400 equity shares, amounting to ₹29.42 crores. - When will the allotment and refund process begin?
Allotment will begin on December 13, 2024, and refunds will start soon after. - When will the shares be credited to the Demat account?
Shares will be credited to investors’ Demat accounts on December 14, 2024. - What is the expected listing date for the IPO?
The shares are expected to list on December 16, 2024.
Note: This article is based on the information received from the company’s official documents, including the Draft Red Herring Prospectus (DRHP) and Red Herring Prospectus (RHP). For up-to-date information on the Grey Market Premium (GMP) for the Jungle Campls India Ltd IPO, you may please check our Current GMP, where we will post the latest figures as soon as they are available.
Disclaimer: This article is for educational purposes only. We do not offer any advice on buying or selling securities. Please consult your financial advisor before investing in an IPO or any other securities to make sure that it suits your financial plans and risk tolerance.
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