Naturewings Holidays Ltd
Complete IPO details, including price band, financials, subscription status, and key insights.
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IPO Snapshot
Key metrics and details at a glance.
Price Band
₹74
Per ShareLot Size
1600 Shares
Minimum Investment
₹1,18,400
Issue Size
₹7.03 Cr
Face Value
₹10
Per ShareIPO Type
Fixed Price - SME
Retail Quota
50%
QIB Quota
0%
NII Quota
50%
IPO Timeline
Important dates for your applying strategy.
Subscription Status
Live demand across investor categories.
Track real-time subscription levels:
*Real-time data subject to exchange updates
Naturewings Holidays Ltd
Business model, operations, and market positioning.
Promoter Holding (Pre-Issue)
95.8%
Promoter Holding (Post-Issue)
66.99%
Issue Type
Fixed Price - SME
ISIN
INE0N4701016
About the Company
Incorporated in December 19, 2018, the company is a tourism company with its primary focus being the entire Himalayan destination across India, Nepal and Bhutan. The Company offers specialised and curated holiday packages for leisure travellers visiting the Himalayan ranges. The Company offers end to end travel solutions including land and air bookings, hotel bookings, intransit arrangements, local sightseeing and such other destination management services. The Company designs travel packages for both individuals and groups traveling to the Himalayan destinations.
Industry Overview
With a total area of 3,287,263 sq. km extending from the snow-covered Himalayan heights to the tropical rain forests of the south, India has a rich cultural and historical heritage, variety in ecology, terrains and places of natural beauty spread across the country. This provides a significant opportunity to fully exploit the potential of the tourism sector. The government has taken steps to boost investments in facilitate spiritual tourism with states like Uttar Pradesh developing tourist circuits and Uttarakhand and West Bengal enhancing infrastructure for pilgrims.
Company History
Naturewings Holidays Limited was originally incorporated as a Private Limited Company in name and style of Naturewings Holidays Private Limited under the provisions of Companies Act, 2013 vide Certificate of Incorporation dated December 19, 2018 bearing Corporate Identity Number U63030WB2018PTC229417 issued by Registrar of Companies, Central Registration Centre. Subsequently, the Company was converted into a Public Limited Company pursuant to special resolution passed by the shareholders at the Extraordinary General Meeting held on August 24, 2022 and consequent upon conversion the name of the Company was changed to Naturewings Holidays Limited vide a fresh certificate of incorporation dated September 01, 2022 bearing Corporate Identity Number U63030WB2018PLC229417 issued by Registrar of Companies, Kolkata.
Products & Services
- The Company offers end to end travel solutions.
Growth Strategy
- Growth in the customer base using cost-effective technology solutions.
- Further strengthen its focus on Enterprise business.
- Leverage its existing travel agent network in Tier II and Tier III cities.
- Increase its product offerings.
- Pre-purchase and bulk buying of inventories.
- Continue to attract and retain talent.
Customer Base
Leisure travellers visiting the Himalayan ranges
Financial Performance
Revenue, profit after tax and total assets across the last 3 reported financial years.
Revenue
Amount in ₹ crore
Profit After Tax (PAT)
Amount in ₹ crore
Total Assets
Amount in ₹ crore
Figures in ₹ crore, on a standalone basis, as reported for FY23 to FY25.
Objects of the Issue
How the company plans to utilize IPO proceeds.
Use of Proceeds
The funds raised through this IPO will be used for:
Initial public issue of 9,50,400 equity shares of face value of Rs. 10/- each ("Equity Shares") of Naturewings Holidays Limited ("The Company" or the "Issuer") for cash at a price of Rs. 74 per equity share (the "Issue Price"), (including a premium of Rs. 64 per equity share), aggregating Rs. 7.03 crores ("The Issue"), of which 48,000 equity shares of face value of Rs. 74/- for cash at a price of Rs. 64 each aggregating Rs. 0.36 crores will be reserved for subscription by market maker to the issue (the "Market Maker Reservation Portion"). The issue less market maker reservation portion i.e. issue of 9,02,400 equity shares of face value of Rs. 74 each for cash at a price of Rs. 64 per equity share, aggregating to Rs. 6.68 crores is hereinafter referred to as the "Net Issue". The issue and the net issue will constitute 30.07% and 28.55% respectively of the post issue aid up equity share capital of the company. The face value of the equity shares is Rs. 10 each and the issue price is 7.4 times of the face value.
*Subject to approvals and market conditions.
Strengths & Risks
Key competitive advantages and factors to consider before investing.
- Its Synergistic Multi-Channel Go to Market approach for Business and Leisure Travelers.
- Customer Experience.
- Experienced management team with an established track record.
- Track record of financial performance.
- The travel industry is intensely competitive, and its may not be able to effectively compete in the future.
- The COVID-19 pandemic has had, a material adverse effect on the travel industry and its business, financial condition, results of operations and cash flows.
- The company is exposed to risks associated with businesses in the geographies that its operate, particularly those in the Bhutan travel industry, including bankruptcies, restructurings, consolidations and alliances of its travel suppliers, the credit worthiness of these service partners, and the possible obligation to make payments to its travel suppliers.
- Its may not be able to adequately control and ensure the quality of travel products and services sourced from its suppliers. If there is any deterioration in the quality of their performance, its customers may seek damages from it and not continue using the company services.
- The company relies on third party service providers for a significant portion of its operational services and its business may be adversely affected if they fail to meet its requirements or face operational disruptions.