Jungle Camps India SME IPO Details, Financials, Valuation & Peers

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Explore Jungle Camps India IPO details, including IPO dates, financial statements, valuation, peer comparison and more.

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Status
Listed
Biding Dates
10 Dec - 12 Dec 2024
Price Range
₹68 - ₹72
Min Investment
1,15,200
Lot Size
1600 shares
Issue Size
₹29.42 crore
Listed Price
₹136.890.00%

Overview

Jungle Camps India Limited is a conservation-focused hospitality group renowned for its collection of boutique wildlife resorts and travel-related experiences across prime tiger reserves and national parks in central India. Established in 2002 with its flagship property, Pench Jungle Camp, the company has expanded its portfolio to include Kanha Jungle Camp, Tadoba Jungle Camp, and Rukhad Jungle Camp, offering guests immersive wildlife experiences combined with luxury. Alongside its boutique resorts, Jungle Camps operates a highway retreat, a restaurant, and is developing a four-star hotel in Mathura through its wholly-owned subsidiary. With a commitment to sustainable tourism and responsible hospitality, Jungle Camps aims to provide unique, memorable, and authentic experiences in natural, rustic environments while showcasing Indian wildlife and heritage.

Key Points:

  • Core Business
    • Boutique wildlife resorts located in major tiger reserves and national parks across central India.
    • Subsidiaries operate and manage additional properties, including Kanha Jungle Camp and Tadoba Jungle Camp.
    • Offers 87 rooms in various formats, including villas, cottages, deluxe rooms, and safari tents.
  • Properties Overview
    1. Pench Jungle Camp (30 rooms) – Pench National Park, Madhya Pradesh.
    2. Kanha Jungle Camp (20 rooms) – Balaghat, Madhya Pradesh (through subsidiary Versa Industries Private Limited).
    3. Tadoba Jungle Camp (25 rooms) – Tadoba Tiger Reserve, Maharashtra (through wholly-owned subsidiary Divine Enterprises Private Limited).
    4. Rukhad Jungle Camp (8 rooms) – Seoni, Madhya Pradesh.
    5. Bison Highway Retreat (4 rooms) – A highway retreat in Seoni, Madhya Pradesh.
    6. Midway Treat – Highway restaurant in Rewa, Madhya Pradesh.
  • Expansion: Developing a 60-room four-star hotel in Mathura under Madhuvan Hospitality Private Limited, a recently established subsidiary.
  • Unique Selling Points:
    • Focus on delivering luxury experiences with sustainability and conservation at the core.
    • Authentic and immersive wildlife and cultural experiences.
    • Award-winning boutique resorts recognized for quality and hospitality.
  • Customer Amenities: Facilities include banquet halls, restaurants, bars, swimming pools, spas, meeting rooms, and safari tours.
  • Operational Model:
    • Operates both independently and through subsidiaries for efficient property management.
    • Subsidiaries: Divine Enterprises Private Limited and Versa Industries Private Limited.
    • Collaboration with government initiatives, such as Public-Private Partnerships (PPP) in Uttar Pradesh.

IPO Docs

Objects of the Issue

  • To meet capital expenditure for the project development at Sanjay Dubri National Park, Madhya Pradesh
  • To meet capital expenditure for renovation of existing resort Pench Jungle Camp, at Pench National Park, Madhya Pradesh.
  • Investment in the Subsidiary, Madhuvan Hospitality Private Limited (“MHPL”) in relation to capital expenditure for the project development at Mathura Hotel Project, Mathura, Uttar Pardesh.
  • General Corporate Purposes

IPO Details

Discover essential information crucial for understanding an IPO, including the Price Band, Fresh Issue, Offer For Sale, Total IPO Size and more. Explore these key details to gain insight into the company's public offering.

FieldsDetails
IPO Dates10 Dec - 12 Dec 2024
IPO Price Band₹68 - ₹72 per share
Fresh Issue40,86,400 shares
Offer For SaleNIL
Total IPO Size₹29.42 crore
Face Value₹10
Listing OnBSE

IPO Timeline

Explore important dates like IPO opening, closing, listing and others, outlining the journey of the Public Offering. This will help you grasp the entire IPO journey effortlessly.

EventDate
IPO Opening Date10 Dec 2024
IPO Closing Date12 Dec 2024
Basis Of Allotment13 Dec 2024
Refunds16 Dec 2024
Demat Transfer16 Dec 2024
IPO Listing Date17 Dec 2024

Financial Statements

Explore a comprehensive financial data table showcasing key metrics including revenue, expenses, net income, and others. Gain valuable insights about the company's financial performance at a glance, facilitating informed decision-making and strategic planning for subscribing to the IPO.

Period Ended31st March 202231st March 202331st March 2024Jun 2024
Total Income7.8111.2518.115.72
Total Expenses6.7810.4613.054.14
Net Profit/Loss0.730.453.591.10
NPM (*)9.864.0520.5419.57
Total Assets18.9218.4129.4329.57
Total Liabilities8.887.438.157.39

* NPM represents the net profit margin, calculated as a percentage. All other figures are presented in crore (₹cr)

Valuation

Uncover significant valuation metrics such as EPS (Earnings Per Share), ROE (Return on Equity), ROCE (Return on Capital Employed), D/E Ratio (Debt-to-Equity Ratio), Current Ratio, and EBITDA Margin. These key indicators offer insights into the company's financial standing and performance, aiding in informed investment decisions.

Period Ended31st March 202231st March 202331st March 2024Jun 2024
EPS1.900.894.890.98
ROE (%)10.354.8320.015.88
ROCE (%)10.307.6724.757.42
D/E Ratio0.560.340.230.21
Current Ratio0.520.520.850.99
EBITDA MARGIN (%)25.6014.9338.2236.17

* Compiled from DRHP/RHP for valuation purposes.

Peer Comparison

Compare key financial metrics with industry peers to gain valuable insights into the company's performance compared to its competitors.

NameRevenueP/EEPSRoNWNAV
Jungle Camps India Limited17.4914.724.8920.0126.61
Best Eastern Hotels Limited6.21211.880.086.071.37
The Byke Hospitality Limited83.8654.701.392.8043.06
Espire Hospitality Limited35.76104.211.9077.122.46
Ras Resorts and Apart Hotels Limited13.12117.150.460.9449.20

* Revenue in (₹cr), RoNW in (%), EPS, NAV in (₹). P/E ratio is based on the highest price from the IPO price band.

Subscription Data from NSE and BSE

Investor TypeSubscribed
Qualified Institutional Buyer (QIB)196.52
Non-Institutional Investor (NII/HNI)760.48
Retail Individual Investor (RII)551.2
Total494.58

* All figures represent multiples of the subscription. Check subscriptions for other ongoing issues here.

IPO Registrar

Skyline Financial Services Private Limited
Phone
: 011-40450193-197
Email: ipo@skylinerta.com
Website: www.skylinerta.com

Company Promoters

  • MR. GAJENDRA SINGH
  • MS. LAXMI RATHORE
  • MR. YASHOVARDHAN RATHORE
  • MR. RANVIJAY SINGH RATHORE
  • G S RATHORE HUF

Lead Managers

  • KHAMBATTA SECURITIES LIMITED

Company Address

Jungle Camps India Limited

221-222/9, 2nd Floor, Som Dutt Chamber-II, Bhikaji Cama Place, New Delhi-110066, India

Phone: +91-011-41749354

Email: legal@junglecampsindia.com

Website: www.junglecampsindia.com

FAQs

  • What is the issue size of the Jungle Camps India SME IPO?
    The Jungle Camps India SME IPO has an issue size of ₹29.42 crore. This includes a fresh issue of 40,86,400 shares and an offer for sale (OFS) of NIL.
  • What is the price band of the Jungle Camps India IPO?
    The price band for the Jungle Camps India IPO is ₹68 - ₹72 per share.
  • What are the bidding dates for the Jungle Camps India IPO?
    The Jungle Camps India IPO will open for bidding on 10 Dec 2024 and close on 12 Dec 2024.
  • What is the allotment date for the Jungle Camps India IPO?
    The allotment date for the Jungle Camps India IPO is 13 Dec 2024.
  • What is the minimum lot size and investment required for the Jungle Camps India IPO?
    The minimum lot size for the Jungle Camps India IPO is 1600 shares and the minimum investment required is ₹1,15,200.
  • What is the listing date for the Jungle Camps India IPO?
    The listing date for the Jungle Camps India IPO is 17 Dec 2024.
  • What is the Jungle Camps India IPO grey market premium?
    The grey market premium (GMP) for the Jungle Camps India IPO is currently at ₹60, with an expected listing gain of approximately 83.33%. Remember, the grey market premium is not an official indicator, but it reflects market perception and demand for the IPO shares.

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