Jungle Camps India, a hospitality company specializing in wildlife camps and resorts, recently concluded its IPO subscription process with overwhelming investor interest. The IPO was open for bidding from December 10 to 12, 2024, with the price band set between ₹68–72 per share. Here’s everything you need to know about this IPO, from subscription details to allotment status and listing date.
Jungle Camps India IPO Overview
Below is a snapshot of the Jungle Camps India IPO:
| Attribute | Details |
|---|---|
| Company | Jungle Camps India |
| Incorporation Year | 2002 |
| Industry | Hospitality (Wildlife Camps & Resorts) |
| Issue Type | 100% Fresh Equity Issue |
| IPO Period | December 10–12, 2024 |
| Price Band | ₹68–72 per share |
| Lot Size | 1,600 shares |
| Total Issue Size | ₹29.42 crore (40,86,400 shares) |
| Subscription | 494.58 times overall |
| Listing Date | December 17, 2024 (Tentative) |
| Listing Platform | BSE SME |
| Grey Market Premium (GMP) | ₹60 (Expected ~83% listing gains) |
| Lead Manager | Khambatta Securities |
| Registrar | Skyline Financial Services Private Ltd. |
Business Profile
Incorporated in 2002, Jungle Camps India operates in the hospitality sector, focusing on wildlife camps and resorts. The company offers services such as operating wildlife camps, hotels, motels, guest houses, health clubs, catering houses, and restaurants. It currently manages four award-winning boutique resorts in major tiger reserve national parks across central India.
This IPO is expected to fund the company’s business expansion plans and reinforce its position in the hospitality market.
Key Dates for Jungle Camps India IPO
Investors should take note of the following important dates:
| Event | Date |
|---|---|
| Allotment Finalization | December 13, 2024 |
| Refund Initiation | December 14–15, 2024 |
| Credit of Shares | December 16, 2024 |
| Listing Date | December 17, 2024 (Tentative) |
Subscription Details
The IPO received a phenomenal response across all categories:
| Investor Category | Subscription (Times) |
|---|---|
| Non-Institutional Investors (NIIs) | 760.48 |
| Retail Investors | 551.20 |
| Qualified Institutional Bidders (QIBs) | 196.62 |
| Overall | 494.58 |
This exceptional interest demonstrates strong confidence among retail and institutional investors.
Grey Market Premium (GMP)
The Grey Market Premium (GMP) for Jungle Camps India IPO started at ₹75 but settled at ₹60 closer to the listing date. This indicates expected listing gains of around 83%, reflecting positive market sentiment towards the stock.
How to Check Allotment Status
Investors who applied for Jungle Camps India IPO can check their allotment status using these methods:
On BSE Website
- Visit the BSE Allotment Status Page: Click here.
- Select Equity as the issue type.
- From the drop-down menu, select Jungle Camps India Limited.
- Enter your application number and PAN ID.
- Complete the CAPTCHA and click Search.
On Skyline Financial Services Website
- Visit Skyline Financial Services’ portal.
- Select the company name, “Jungle Camps India Limited,” from the dropdown.
- Enter your details (Application No./Beneficiary ID/PAN ID).
- Click Search to view your allotment status.
Listing Date
Shares of Jungle Camps India are expected to list on the BSE SME platform on December 17, 2024. The company’s strong fundamentals and enthusiastic subscription suggest a promising debut.
Conclusion
Jungle Camps India IPO marks a significant milestone for the company as it seeks to expand its presence in the hospitality industry. With its focus on wildlife and conservation tourism, the company has attracted substantial interest from retail and institutional investors alike. As the listing date approaches, all eyes are on Jungle Camps India to see how it performs in the stock market.
Stay tuned for updates, and if you’re an investor, check your allotment status to see if you’re part of this exciting journey!
Disclaimer: The information provided in this article is for informational purposes only and should not be considered investment advice. Investors are encouraged to consult a financial advisor before making any investment decisions.
