Juniper Hotels IPO apply or avoid?

About Company

Juniper Hotels is a luxury hotel development and ownership company. Juniper Hotels is co-owned by Saraf Hotels Ltd and Two Seas Holdings Ltd, an affiliate of Hyatt Hotels Corporation

Industry overview

FDI in the hotel and tourism sector has aggregated USD18 billion between Fiscals 2006 and 2023

Date Schedule

IPO Open Date IPO Close Date Basis of Allotment Initiation of refund Credit of Share  IPO Listing Date

21 Feb 2024 23 Feb 2024 26 Feb 2024 27 Feb 2024 27 Feb 2024 28 Feb 2024

Company's Revenue  (in crores)

31 march, 2021 31 march, 2022 31 march, 2023  30 september, 2023

192.85 343.75 717.28 337.43

Company's Expense  (in crores)

31 march, 2021 31 march, 2022 31 march, 2023  30 september, 2023

462.25 557.85 742.80 383.96

Company's Profit after Tax  (in crores)

31 march, 2021 31 march, 2022 31 march, 2023  30 september, 2023

-199.48 -188.03 -1.49 -26.50

IPO GMP

DATE 17 February, 2024-

GMP 15