₹ 14400 / 40 shares
IPO Details
RHP/DRHPIssue Date
21 Feb - 23 Feb'24
Investment/lot
₹ 14400
Price Range
342 - 360
Lot Size
40
IPO Size
₹ 1800.00 Cr
IPO Listing Details
Listing On
28 Feb'24
Issue Price
360
Listed Price
₹ 365
Retail Gain/Listing Gain
▲1.39%
IPO Timeline
Juniper Hotels IPO Review | Issue details, future strategies & more
Kotak Securities
•03m 23s
Company Background
Juniper Hotels is a luxury hotel development and ownership company and is the largest owner, by number of Keys of “Hyatt” affiliated hotels in India as of September 30, 2023 (source: Horwath Report).
The company has a portfolio of seven hotels and serviced apartments and operates a total of 1,836 keys as of September 30, 2023, established in Mumbai, Delhi, Ahmedabad, Lucknow, Raipur and Hampi.
With that, let's take a look at the competitive strength and risk factors for Juniper Hotels Limited:
Competitive Strengths
Expertise in site selection and identifying opportunities to develop hotels
A unique partnership between asset owner and operator brand backed by strong parentage
Robust asset management capabilities with a focus on enhancing operating efficiency and profitability
Risk Factors
- The company and certain of its subsidiaries have incurred losses in the past.
- The company has substantial indebtedness which requires significant cash flows to service, and limits the company’s ability to operate freely.
- The company is subject to several conditions and restrictions under its financing agreements.
Key Strategies
- Enhancement of facilities at existing assets.
- Development of new opportunities at existing assets.
- Explore value accretive acquisition of assets and selective expansion.
Juniper Hotels Ltd IPO Key Financials
Here are the key financials for Juniper Hotels Limited:
Particulars (in Rs. million)
Particulars (in Rs. million)
How to apply for IPO through ASBA
Kotak Securities
•4m 01s
How to apply for an IPO using UPI
Kotak Securities
•01m 19s
How to apply for an IPO using UPI
Opening of account will not guarantee allotment of shares in IPO. Investors are requested to do their own due diligence before investing in any IPO.
How To Apply for Juniper Hotels Ltd IPO?
Here are the steps to apply for Juniper Hotels Ltd IPO:
Step 1: Log in to your Kotak Securities Demat account Log in to your Demat account to access IPO investments. Next, select the current IPO section.
Step 2: Specify IPO details Enter the number of lots and the price you wish to apply for.
Step 3: Enter UPI ID After entering your UPI ID, click submit. This will place your bid with the exchange.
Step 4: Mandate Notification Your UPI app will receive a mandate notification to block funds.
Step 5: Approve Request Your funds will be blocked once you approve the mandate request on your UPI.
Juniper Hotels Ltd IPO FAQs
When is Juniper Hotels Ltd IPO listing date?
Juniper Hotels Ltd IPO will list on 2024-02-28.
What is the issue size of Juniper Hotels Ltd IPO?
1800.00 is the issue size of Juniper Hotels Ltd IPO.
What is the minimum lot size required for Juniper Hotels Ltd IPO?
The minimum lot size is 40 shares and the investment required is ₹14400.
What is the price band of the Juniper Hotels Ltd IPO?
The price band of Juniper Hotels Ltd IPO is ₹342 to ₹360.
Where can I read more about Juniper Hotels Ltd business?
You can read more about Juniper Hotels Ltd and its IPO from the company’s red herring prospectus (RHP) here.
What is the Juniper Hotels Limited IPO?
The Juniper Hotels Limited IPO has an issue size of Rs. 1,800 crores. The IPO opens for subscription on 21st February 2024 and closes on 23rd February 2024.
Who is the Registrar for Juniper Hotels Limited IPO?
KFin Technologies Limited is the registrar for this IPO.
Where can I read more about Juniper Hotels Limited’s business?
You may read more about Juniper Hotels Limited and its IPO from the company’s red herring prospectus (RHP) here:
