Signals, Powered By EquityPandit
About Jungle Camps India IPO
Jungle Camps India is set to roll out a Rs 29.42 crore book. It will comprise entirely a fresh issue of 40.86 lakh shares. The firm is preparing to make its debut on BSE SME.
Retail investors need to invest a minimum of Rs 115,200. HNI investors must make a minimum investment of Rs 230,400 for 2 lots comprising 3,200 shares.
The issue’s registrar is Skyline Financial Services Pvt Ltd. Khambatta Securities Ltd is the book running lead manager in this IPO. The market maker for the same is Nikunj Stock Brokers.
Jungle Camps India IPO GMP Details
The latest GMP of the Jungle Camps IPO stands at Rs 75, as of 9th December, 2024, 09:30 AM. The IPO is offered at a price of Rs 72 per share. The estimated listing price for Jungle Camps India is Rs 147, reflecting a potential gain of 104% per share.
For the IPO, the Retail Subject to Sauda is Rs 73,000. The GMP ranges from a low of Rs 0 to a high of Rs 60.
Jungle Camps India Company Details
- Jungle Camps India, founded in 2002, manages wildlife camps, hotels, and other hospitality services across India.
- The company focuses on conservation-driven hospitality, running four boutique resorts in central India’s top wildlife and tiger reserves.
- It also manages a highway retreat, a restaurant, and offers customized travel experiences.
- The company owns 87 rooms, including villas, cottages, deluxe rooms, and safari tents, with amenities like banquet halls, meeting rooms, restaurants, bars, cafes, swimming pools, and spas.
- The four boutique resorts are:
- Pench Jungle Camp in Pench National Park, Madhya Pradesh.
- Rukhad Jungle Camp in Seoni District, Madhya Pradesh.
- Tadoba Jungle Camp in Chandrapur District, Maharashtra.
- Jungle Camp Kanha in Balaghat District, Madhya Pradesh.
- The company operates two highway venues:
- Bison Highway Retreat in Seoni District, Madhya Pradesh.
- Midway Treat in Rewa District, Madhya Pradesh.
- The company employs 162 people.
Jungle Camps India IPO Details
| Jungle Camps India IPO Opening Date and Closing Date | 10th December to 12th December |
| Face Value | Rs 10 per share |
| Price Band | Rs 68 to Rs 72 per share |
| Lot Size | 1,600 Shares |
| Total Issue Size | 4,086,400 shares (aggregating up to Rs 29.42 Cr) |
| Fresh Issue | 4,086,400 shares (aggregating up to Rs 29.42 Cr) |
| Issue Type | Book-Built Type Issue |
| Listing At | BSE SME |
| Shareholding Pre-Issue | 11,412,072 |
| Shareholding Post Issue | 15,498,472 |
| Market Maker Portion | 204,800 Shares – Nikunj Stock Brokers |
| Basis of Allotment | Friday, 13th December, 2024 |
| Refund Initiation | Monday, 16th December, 2024 |
| Credit of Shares in Demat | Monday, 16th December, 2024 |
| Listing Date | Tuesday, 17th December, 2024 |
| Cut-off time for UPI mandate confirmation | 5 PM on 12th December, 2024 |
| Draft Red Herring Prospectus | Link |
| Red Herring Prospectus | Link |
Jungle Camps India IPO Lot Size, Shares, And Their Value:
| Application | Lots | Shares | Amount |
| Retail (Min) | 1 | 1,600 | Rs 115,200 |
| Retail (Max) | 1 | 1,600 | Rs 115,200 |
| HNI (Min) | 2 | 3,200 | Rs 230,400 |
Investor categories and Jungle Camps India shares offered:
| Investor Category | Shares Offered |
| QIB Shares Offered | Not more than 50.00% of the offer |
| Retail Shares Offered | Not less than 35.00% of the Offer |
| NII (HNI) Shares Offered | Not less than 15.00% of the Offer |
Jungle Camps India Financials:
For the period ended on 31st March, 2024 & 31st March, 2023:
| Periods Ended | 31st Mar, 2024 | 31st Mar, 2023 |
| Assets | Rs 2,943.39 Lakh | Rs 1,840.50 Lakh |
| Revenue | Rs 1,810.61 Lakh | Rs 1,124.55 Lakh |
| Profit After Tax | Rs 359.16 Lakh | Rs 44.92 Lakh |
| Net Worth | Rs 1,794.89 Lakh | Rs 930.04 Lakh |
| Reserves and Supplies | Rs 1,120.39 Lakh | Rs 717.80 Lakh |
| Total Borrowing | Rs 410.31 Lakh | Rs 317.69 Lakh |
Jungle Camps India IPO: Worth Investing?
Financial Performance:
Revenue: The company generated Rs 572.25 lakh in revenue during the period ended on 30th June, 2024.
Profit After Tax (PAT): The company earned a profit of Rs 110.39 lakh after deducting taxes.
Net Worth: The company’s net worth, which represents the total value of the company’s assets minus its liabilities, is Rs 1,878.20 lakh.
Financial Position:
Assets: The company’s total assets amounted to Rs 2,956.68 lakh.
Total Borrowing: The company has borrowed a total of Rs 401.83 lakh.
Reserves and Surplus: The company has accumulated reserves and surplus of Rs 798.99 lakh.
Jungle Camps India Key Performance Indicators (KPI) and their values:
The market capitalisation of Jungle Camps India IPO is Rs 111.59 crore. As of 31st March 2024, KPI and their values are:
| KPI | Values |
| Return on Equity (ROE) | 20.01% |
| Return on Capital Employed (ROCE) | 24.75% |
| Return on Net Worth (RoNW) | 20.01% |
| Price to Book Value (P/BV) | 2.71 |
| Debt/Equity | 0.23 |
| PAT Margin (%) | 20.54 |
Objectives of Jungle Camps India IPO
The company will use funds from the Fresh Issue for:
- Developing a project at Sanjay Dubri National Park, Madhya Pradesh.
- Renovating the existing Pench Jungle Camp at Pench National Park, Madhya Pradesh.
- Investing in its subsidiary, Madhuvan Hospitality Private Limited (MHPL), for the Mathura Hotel Project.
- General corporate needs.
Some major risks associated with the Jungle Camps India IPO are:
- Revenue may fluctuate due to seasonal tourism trends.
- Rising competition from ecotourism players may impact market share.
- Hospitality earnings can be affected by economic downturns.
- Meeting environmental and tourism regulations is essential.
Frequently Asked Questions (FAQs)
What is the price band of Jungle Camps India’s IPO?
Price band has been fixed at Rs 68 and Rs 72 per share.
What is the retail investor quota of Jungle Camps India’s IPO?
A minimum of 35% shares shall go to the retail investors.
What is the minimum investment requirement for High Net-Worth Individuals (HNIs)?
HNIs must apply for at least 2 lots, totaling 3,200 shares.
How can I apply for Jungle Camps India’s Initial Public Offer?
Via your demat account or through the banking or other financial institutions during the period of IPO.
When is the Last Date of IPO subscription for Jungle Camps India?
The cut-off time is 12th December, 2024, at 5 PM; however, most brokers stop accepting applications between 1-3 PM.
Unlock profitable opportunities every day! Unicorn Signals provides actionable intraday trading signals for stocks and futures. Don’t miss out – download Unicorn Signals and start winning now!
