Jungle Camps India IPO: Key Details, GMP, and Subscription Status

The Jungle Camps India IPO is generating buzz among investors with its upcoming listing on the BSE SME platform. The IPO opens for bidding on December 10, 2024, and closes on December 12, 2024. With a price band of ₹68 to ₹72 per share, the IPO has a total issue size of 40.86 lakh shares, aggregating up to ₹29.42 crores. Here’s a detailed overview of the Jungle Camps India IPO, including allotment details, Grey Market Premium (GMP), and subscription status.

Jungle Camps India IPO Details:

The IPO consists of a fresh issue of 4,086,400 shares, and the minimum application size for retail investors is 1 lot (1600 shares). For High Net-Worth Individuals (HNIs), the minimum investment is 2 lots (3,200 shares), amounting to ₹230,400.

Jungle Camps India IPO GMP (Grey Market Premium):

The Grey Market Premium (GMP) for Jungle Camps India IPO is gaining momentum, reflecting strong investor interest ahead of the listing date. Currently, the GMP indicates a premium of 104.17% over the issue price, signaling the possibility of a positive listing. However, GMP trends can fluctuate based on market sentiment and subscription demand.

To understand more about GMP and its impact on IPO investments, check out our in-depth blog on IPO Grey Market Premium (GMP).

Jungle Camps India IPO Subscription Status:

Investors can track the Jungle Camps India subscription status across categories such as Retail, NII (HNI), QIB, and Anchor investors. The IPO has reserved 33.24% of shares for retail investors, while QIBs and HNIs are allocated 19.03% and 14.25%, respectively.

Subscription updates will be available on a daily basis during the IPO bidding period. Investors can also check the IPO allotment status on the official registrar’s website after December 13, 2024.

For a comprehensive understanding of IPO subscription strategies, refer to our guide on IPO Flipping.

About Jungle Camps India:

Incorporated in 2002, Jungle Camps India operates award-winning boutique resorts in prime wildlife destinations across India. The company specializes in wildlife camps, resorts, and restaurants, offering unique travel experiences in nature-focused locations.

Key Locations:

• Pench Jungle Camp – Pench National Park, Madhya Pradesh
• Rukhad Jungle Camp – Seoni District, Madhya Pradesh
• Tadoba Jungle Camp – Chandrapur District, Maharashtra
• Jungle Camp Kanha – Balaghat District, Madhya Pradesh

The company also operates highway retreats and restaurants, including:

• Bison Highway Retreat – Seoni District, Madhya Pradesh
• Midway Treat – Rewa District, Madhya Pradesh

With 162 employees, Jungle Camps India has built a reputation for exceptional guest experiences, sustainable tourism, and job creation in local communities.

Jungle Camps India Competitive Strengths:

• Experienced Promoters: Backed by a seasoned management team with deep industry expertise.
• Strategic Locations: Prime locations near wildlife reserves and highways.
• Scalable Business Model: Robust operational processes and growth potential.
• Customer-Centric Focus: Tailored travel experiences and guest satisfaction.

Jungle Camps India IPO Timeline:

How to Check Jungle Camps India IPO Allotment Status?

1. Visit the official registrar’s website.
2. Enter your PAN number, application number, or DP ID/Client ID.
3. Check the allotment status for your application.

To explore the differences between IPO types and offerings, read our comparison of OFS vs IPO Differences.

FAQs on Jungle Camps India IPO:

1. What is the Jungle Camps India IPO price band?
The price band for Jungle Camps India IPO is set at ₹68 to ₹72 per share.

2. When does the Jungle Camps India IPO open and close?
The IPO opens on December 10, 2024, and closes on December 12, 2024.

3. What is the minimum investment for retail investors in the Jungle Camps IPO?
Retail investors need to apply for a minimum of 1600 shares, requiring an investment of ₹115,200.

4. When will the Jungle Camps India IPO allotment status be available?
The allotment status will be finalized on December 13, 2024.

5. What is the Jungle Camps India IPO listing date?
The IPO is expected to list on December 17, 2024, on the BSE SME platform.

6. What does Jungle Camps India do?
Jungle Camps India operates boutique resorts, wildlife camps, highway retreats, and restaurants in India’s prime wildlife destinations.

Conclusion:

The Jungle Camps India IPO presents an exciting opportunity for investors interested in the tourism and hospitality sector. With its strategic locations, strong business model, and rising investor interest, the IPO has garnered attention in the market. Keep an eye on the subscription status, GMP trends, and allotment updates to make an informed investment decision.

For more updates on IPOs and other investment opportunities like bonds, asset leasing, and invoice discounting, visit our blog at tapinvest.in/blog.

Explore related topics:

• OFS vs IPO Differences
• IPO Grey Market Premium (GMP)
• IPO Flipping