Juniper Hotels Limited

Company Profile
Company Name Juniper Hotels Limited
Open Date 21-02-2024
Close Date 23-02-2024
Exchange BSE, NSE
Lot Size 40 Shares
Issue Price ₹342 to ₹360 per share
Issue Size 50,000,000 shares
Application Amount Min. Inv. - ₹ 14,400 (40 shares) Max. Inv. – ₹ 1,87,200 (520 shares)
Recommendation Avoid

Juniper Hotels Limited was originally incorporated in the year 1985 and has its registered office in Mumbai, Maharashtra, India. Juniper Hotels Limited 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. The company has a portfolio of seven hotels and serviced apartments and as on September 30, 2023, it operated 1,836 keys across the luxury, upper upscale and upscale category of hotels across various locations in India, namely Mumbai, Delhi, Ahmedabad, Lucknow, Raipur and Hampi. As of September 30, 2023, the Company had 1,631 permanent employees on its payroll.

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Financial Summary in Cr.

For the Period Ended Mar-21 Mar-22 Mar-23 Sept-23
Total Assets 3,055.54 3,069.86 3,020.27 3,837.83
Net Assets 543.90 356.37 354.51 859.80
Total Borrowings 1,830.48 2,121.81 2,045.61 2,252.75
Total Revenue 192.85 343.76 717.29 337.43
Profit After Tax -199.49 -188.03 -1.50 -26.50

Tentative Timeline

Opening Date 21/02/2024
Closing Date 23-02-2024
Basis of Allotment 26-02-2024
Initiation of Refunds 27-02-2024
Credit of Shares to Demat 27-02-2024
Listing Date 28-02-2024

Objects of the Issue

Repayment/ prepayment/ redemption, in full or in part, of certain outstanding borrowings availed by the Company and recent acquisitions, namely CHPL and CHHPL.
General corporate purposes.

Contact Information

Registered Office Juniper Hotels Limited Off Western Express Highway Santacruz East, Mumbai 400 055
Phone + 91 22 6676 1000

Registrar Details

Name Kfin Technologies Limited
Phone 04067162222, 04079611000

IPO Reservation

QIB Shares Offered 30.00%
NII Shares Offered 15.00%
Retail Shares Offered 10.00%
Anchor investors 45.00%

Shareholding Pattern

Share Holding Pre Issue (Promoters) 100.00%
Share Holding Post Issue (Promoters) 77.53%

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