Juniper Hotels Limited IPO
Juniper Hotels Limited IPO is listed on BSE and NSE, priced at ₹342–₹360 per share. The stock debuted at ₹365, delivering a listing gain of 1.4%. The IPO had a lot size of ₹40 shares and a minimum investment of ₹14,400.
Juniper Hotels Limited IPO
- IPO Dates
- Feb 21, 2024 – Feb 23, 2024
- Price band
- ₹342-360 per equity share
- Minimum Investment
- ₹14,400
- Issue size
- ₹1800 Cr
- Lot size
- 40
- Allotment Date
- Feb 26, 2024
- Listing
- Feb 28, 2024
- Listing At
- BSE, NSE
IPO timeline
-
Feb 21, 2024
Open Date
Completed
-
Feb 23, 2024
Close Date
Completed
-
Feb 26, 2024
Allotment Date
Completed
-
Feb 28, 2024
Listing Date
Completed
Price Summary
- Last closing
- 204.00 (-43.33%)
- 52 week high
- 345.55
- 52 week low
- 188.50
- Last update
Juniper Hotels Limited IPO Essentials
Juniper Hotels Limited IPO Details
Juniper Hotels Limited IPO is priced at ₹342-360 per share with a total issue size of 1800 crore. The IPO has a lot size of 40 shares and is listed on BSE and NSE.
- Issue price
- ₹342-360 per equity share
- Lot size
- 40 shares
- Face value
- ₹10 Per Equity Share
- Issue size
- 50,000,000 shares(aggregating up to ₹1,800.00 Cr)
- Total issue size
- 5,00,00,000 shares
(aggregating up to ₹1800 crore) - Fresh issue
- 5,00,00,000 shares
(aggregating up to ₹1800 crore) - Listing at
- BSE, NSE
- List price
- 365.0(NSE)
- Listing date
- Registrar
- Kfin Technologies Limited
- Lead manager
-
Jm Financial Limited, Clsa India Private Limited, ICICI Securities Limited
Market Lot Size
Investors can bid for a minimum of 40 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Retail Investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min) | 1 | 40 | ₹14,400 |
| Retail(max) | 13 | 520 | ₹1,87,200 |
| sHNI(min) | 14 | 560 | ₹2,01,600 |
| sHNI(max) | 69 | 2,760 | ₹9,93,600 |
| sHNI(min) | 70 | 2,800 | ₹10,08,000 |
Juniper Hotels Limited IPO Reservation
Juniper Hotels Limited IPO reservation details show category-wise allocation of shares. Out of the total 50,000,000 shares, approximately 30% are reserved for QIB, 15% for NII, 10% for retail investors, and 45% for anchor investors.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | 22,500,000 (45%) | |
| QIB Shares Offered | 15,000,000 (30%) | |
| NII (HNI) Shares Offered | 7,500,000 (15%) | |
| bHNI > ₹10L | 5,000,000 (10%) | 8,928 |
| sHNI < ₹10L | 2,500,000 (5%) | 4,464 |
| Retail Shares Offered | 5,000,000 (10%) | 125,000 |
| Total Shares Offered | 50,000,000 (100%) |
Juniper Hotels Limited IPO Analytics
Juniper Hotels Limited IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.
Juniper Hotels Limited IPO Subscription Status
Juniper Hotels Limited IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.
The IPO subscription status indicates investor demand across categories.
| As on | QIB |
NII
bHNI
sHNI
|
Retail | Total |
|---|---|---|---|---|
| Shares Offered / Reserved | 15,000,000 |
7,500,000
5,000,000
2,500,000
|
5,000,000 | 27,500,000 |
|
Day 1
21-02-24 05:00 PM
|
0.00 x |
0.06x
0.05x
0.08x
|
0.52 x | 0.11 x |
|
Day 2
22-02-24 05:00 PM
|
0.06 x |
0.14x
0.13x
0.16x
|
0.87 x | 0.23 x |
|
Day 3
23-02-24 05:00 PM
|
2.96 x |
0.85x
1.03x
0.48x
|
1.28 x | 2.08 x |
Juniper Hotels Limited Valuations
Returns
- RoNW
- -0.42%
Juniper Hotels Limited Financials( In Crs.)
| 31-Mar-23 | 31-Mar-22 | 31-Mar-21 | |
|---|---|---|---|
| Assets | 3,020.27 | 3,069.86 | 3,055.54 |
| Revenue | 717.29 | 343.76 | 192.85 |
| Profit After Tax | -1.50 | -188.03 | -199.49 |
| Net Worth | 354.51 | 356.37 | 543.90 |
| Reserves & Surplus | 210.81 | 212.67 | 400.20 |
| Total Borrowing | 2,045.61 | 2,121.81 | 1,830.48 |
Juniper Hotels Limited Company & Offer Insights
About Juniper Hotels Limited
Juniper Hotels Limited is a luxury hotel development and ownership company. As of September 30, 2023, the company operates seven hotels and serviced apartments with a total of 1,836 rooms.
The company's hotels and serviced apartments in Mumbai, Delhi, Ahmedabad, Lucknow, Raipur, and Hampi are landmarks in the luxury, upper upscale and upscale categories. Grand Hyatt Mumbai Hotel and Residences is India's largest luxury hotel, while Hyatt Regency Lucknow and Hyatt Regency Ahmedabad are the biggest upper upscale hotels in their respective markets. Finally, Hyatt Raipur is the only upper upscale hotel in Raipur.
Juniper Hotels is co-owned by Saraf Hotels Ltd and Two Seas Holdings Ltd, an affiliate of Hyatt Hotels Corporation, forming a strategic partnership between a hotel developer and an international hospitality company.
The company has been honored with several awards, including the Best Luxury Business Hotel in Delhi at the Today's Traveller Awards in 2022 for Andaz Delhi, and the Best 5 Star Hotel in Gujarat at the Gujarat Tourism Awards in 2022 for Hyatt Regency Ahmedabad.
The revenue from operations increased from ₹1,663.51M in Fiscal 2021 to ₹3,086.89M in Fiscal 2022 and ₹6,668.54M in Fiscal 2023.
As of Sep 30, 2023, the company has 116 serviced apartments in Grand Hyatt Mumbai and 129 serviced apartments in Hyatt Delhi.
As of September 30, 2023, the company had a total of 1,631 permanent employees. The CHPL Group had a total of 362 permanent employees. Together, they had a total of 1,993 employees.
Juniper Hotels Limited Promoter(s)
Arun Kumar Saraf, & Saraf Hotels Limited, Two Seas Holdings Limited, Juniper Investments Limited. are the company's promoters of Juniper Hotels Limited.
Juniper Hotels Limited IPO Issue Objectives
- •
- Repayment/ prepayment/ redemption, in full or in part, of certain outstanding borrowings availed by the Company and its recent acquisitions, namely CHPL and CHHPL
- •
- General corporate purposes.
Juniper Hotels Limited IPO - Anchor Investors
Juniper Hotels IPO: Institutional investors pick Rs 810 crore worth shares via anchor book.
Marquee investors including Fidelity Funds, Government Pension Fund Global, Camrignac Portfolio, The Prudential Assurance Company, HSBC Global Investment Funds, Nedgroup Investment Funds, Marshall Wace Investment Strategies, Natixis International Funds, Schroder International, GAM Multistock, Goldman Sachs, and Societe Generale participated in the anchor book.
Further, Kotak Mahindra Trustee, Tata Mutual Fund, Quant Mutual Fund, Ashoka Whiteoak ICAV, Baroda BNP Paribas Mutual Fund, ICICI Prudential Life Insurance Company, HDFC Life Insurance Company, Invesco India Equity Fund, Jupiter India Fund, Aditya Birla Sun Life Insurance Company, Bandhan Mutual Fund, Avendus, and Tata AIA Life Insurance, also, invested in the Hyatt hotel chain.
Juniper Hotels Limited IPO - Peers Comparison
| Company Name | EPS (Basic) | EPS (Diluted) | NAV (per share) (Rs) | P/E (x) | RoNW (%) | P/BV Ratio | Financial statements |
|---|---|---|---|---|---|---|---|
| Juniper Hotels Limited | -0.1 | -0.1 | 24.67 | N/A | -0.42 | N/A | Consolidated |
| Chalet Hotels Ltd | 8.94 | 8.94 | 75.19 | 84.37 | 11.89 | N/A | Consolidated |
| Lemon Tree Hotels Ltd | 1.45 | 1.45 | 17.86 | 95.52 | 9.94 | N/A | Consolidated |
| The Indian Hotels Company Limited | 7.06 | 7.06 | 60.84 | 66.78 | 12.18 | N/A | Consolidated |
| Eih Ltd. | 5.03 | 5.03 | 55.52 | 58.71 | 9.48 | N/A | Consolidated |
Notes:
- P/E ratio has been computed based on the closing market price of equity shares on BSE on January 23, 2024, divided by the Diluted EPS for the year ended March 31, 2023.
- Net Asset Value per Equity Share (₹) = Net Worth at the end of the period/ year divided by the Weighted average number of Equity Shares outstanding during the period/ year.
- RoNW = Profit/ (loss) for the year divided by the Net Worth at the end of the period/ year.
Contact Information
Contact Details
Juniper Hotels Limited
+ 91 22 6676 1000
complianceofficer@juniperhotels.com
Off Western Express Highway, Santacruz East, Mumbai 400 055
Registrar Contact Details
Kfin Technologies Limited
04067162222, 04079611000
Frequently Asked Questions
Click any question to reveal the answer
Juniper Hotels Limited IPO is a book-built IPO worth ₹1800 crore. The price band is ₹342–₹360 per share. The IPO opens on Feb 21, 2024 and closes on Feb 23, 2024. It will be listed on BSE and NSE. Kfin Technologies Limited is the registrar.
The price band of Juniper Hotels Limited IPO is ₹342 to ₹360 per share.
The lot size of Juniper Hotels Limited IPO is 40 shares.
The minimum investment for Juniper Hotels Limited IPO is approximately ₹14,400 based on the upper price band .
Juniper Hotels Limited IPO opens on Feb 21, 2024 and closes on Feb 23, 2024.
The allotment date of Juniper Hotels Limited IPO is Feb 26, 2024.
Juniper Hotels Limited IPO is expected to be listed on Feb 28, 2024, on BSE and NSE .
Juniper Hotels Limited IPO listed on Feb 28, 2024. It was issued at ₹365.0(NSE) and is currently around ₹204.00 as on 14-May-2026 3:30 PM, which is approximately -43.3% versus issue price. The 52-week high is ₹345.55.
Based on listing and post-listing performance, Juniper Hotels Limited IPO delivered around -43.3% over issue price. Whether it was worth applying depends on your risk profile, allocation, and holding horizon.
To buy Juniper Hotels Limited IPO shares after listing, log in to your broker app (such as Zerodha, Angel One, Groww, Upstox, ICICI Direct), search the stock symbol, place a delivery/CNC order, and confirm quantity and price.
Juniper Hotels Limited IPO valuation snapshot: P/E N/A, EPS N/A, P/B N/A, RoNW -0.42%, and market cap N/A.
To apply for Juniper Hotels Limited IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.
You can check the live subscription status of Juniper Hotels Limited IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.
Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.
If you pre-apply for Juniper Hotels Limited IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.
You can check Juniper Hotels Limited IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Juniper Hotels Limited IPO allotment status on IPO Ji for quick and easy access.