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Jungle Camps India Limited English
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Jungle Camps India IPO Review 

Jungle Camps India Limited is coming up with an IPO with a fresh issue of 40,86,400 shares worth INR 29.42 crores. The company aims to fund capital expenditures for projects at Sanjay Dubri, Pench, and Mathura. 

Jungle Camps India IPO – Important Dates 

Jungle Camps India Limited IPO DateDecember 10, 2024 to December 12, 2024
Jungle Camps India Limited IPO Listing DateDecember 17, 2024
Jungle Camps India Limited IPO PriceINR 68-72 per share
Jungle Camps India Limited IPO Lot Size1600 Shares
Jungle Camps India Limited IPO Total Issue SizeINR 29.42 crores
Jungle Camps India Limited IPO Basis of AllotmentDecember 13, 2024
Jungle Camps India Limited IPO Initiation of RefundsDecember 16, 2024
Jungle Camps India Limited IPO Credit of Shares to DematDecember 16, 2024
Jungle Camps India Limited IPO Issue TypeBook Built Issue IPO
Jungle Camps India Limited IPO Listing AtBSE SME 

Read more about Jungle Camps India Limited IPO GMP

Jungle Camps India Limited IPO – Company Profile 

Jungle Camps India Limited, founded in 2002, offers luxury, conservation-focused camps that provide immersive wildlife experiences. Expanding from Pench to Tadoba, Kanha, and Rukhad, the company emphasises authentic, responsible hospitality in pristine natural settings. 

The company is a conservation-focused hospitality group managing four award-winning resorts, a highway retreat, a restaurant, and 87-room accommodations, including villas and safari tents and amenities like banquet halls, spas, and dining facilities. 

The company operates two boutique wildlife resorts, a highway retreat, and a restaurant. Subsidiaries Divine Enterprises and Versa Industries manage two other resorts. Madhuvan Hospitality operates a 60-room hotel project in Mathura. 

Jungle Camps India Ltd IPO Fundamental Analysis 

Jungle Camps India Limited’s financial analysis reveals a mixed performance. Revenue shows growth, with increasing equity and profitability. However, EPS and RoNW have decreased, indicating lower returns, while assets and liquidity have strengthened. 

  • Revenue Trend: The revenue increased from ₹739.01 lakhs in March 2022 to ₹1,110.26 lakhs in March 2023. The revenue for the current year’s 3-month period ending June 2024 is INR 564.18 lakhs.
  • Equity and Liabilities: Equity has shown a consistent increase over the periods, reflecting potential growth and expansion. However, the debt-equity ratio has decreased, indicating reduced reliance on debt financing. 
  • Profitability: The profit after tax (PAT) has significantly increased from ₹72.86 lakhs in March 2022 to ₹110.39 lakhs by June 2024. This improvement in profitability could be a source of confidence among investors. 
  • Earnings per Share (EPS): The diluted EPS has reduced from ₹1.90 in March 2022 to ₹0.97 by June 2024, reflecting lower earnings per share for investors. 
  • Return on Net Worth (RoNW): The RoNW has reduced from 10.35% to 5.88%, indicating a decrease in the company’s ability to generate returns on shareholder equity. 
  • Financial Position: Total assets have increased, suggesting potential business growth. However, the current ratio has increased, indicating strengthening liquidity and potential challenges in meeting short-term obligations. 

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Jungle Camps IPO Financial Analysis 

ParticularAs of 31 March 2022As of 31 March 2023As of 30 June 2024
Revenue (₹ in lakhs)739.011,110.26564.18
Equity (₹ in lakhs)703.81930.041,878.2
Expenses (₹ in lakhs)678.241,046.34414.40
Profit and Loss After Tax (₹ in lakhs)72.8644.92110.39
Diluted EPS only (₹)1.900.890.97
Return on Net Worth (%)10.354.835.88
NAV per Equity Share (₹)44.9643.8217.40
Total Assets (in lakhs)1,892.071,840.502,956.68
Total Liabilities (in lakhs)1,188.26910.461,078.48
Debt Equity Ratio 0.560.340.21
Current Ratio (in times) 0.520.520.99

Jungle Camps India Limited IPO Peer Comparison 

Jungle Camps India Limited has strong financials with healthy profitability and growth. Best Eastern Hotels Limited shows modest performance, while The Byke Hospitality, Espire Hospitality, and Ras Resorts demonstrate notable revenues, profitability, and asset management. 

CompanyTotal Income (₹ in lakhs)Face Value per Equity Share (₹)P/E RatioEPS (Basic & Diluted) (₹)RoNW (%)NAV Per Share (₹)
Jungle Camps India Limited1,810.61107.8220.0126.61
Best Eastern Hotels Limited 622.091211.880.086.071.37
The Byke Hospitality Limited 8,512.701054.701.392.8043.06
Espire Hospitality Limited 3,636.3110104.211.9077.122.46
Ras Resorts and Apart Hotels Limited 1,328.6110117.150.460.9449.20

Jungle Camps India Ltd IPO Objective 

The main objective of Jungle Camps India Limited is to fund capital expenditures for project development at Sanjay Dubri and Pench National Parks and invest in the Mathura Hotel Project through its subsidiary, Madhuvan Hospitality. 

  1. To meet the capital expenditures for the project development at Sanjay Dubri National Park, Madhya Pradesh: The company intends to utilise INR 8.97 crores from debt financing sanctioned by HDFC Bank for capital expenditures at Sanjay Dubri National Park, Madhya Pradesh, to support the project development during FY 2024-25. 
  1. To meet capital expenditures for renovating the existing resort, Pench Jungle Camp, at Pench National Park, Madhya Pradesh: The company plans to utilise INR 1.50 crores from net proceeds in FY 2024-25 for upgrades and refurbishment, followed by INR 2.00 crores in FY 2025-26, aiming to enhance guest experience and satisfaction. 
  1. Investment in their Subsidiary, Madhuvan Hospitality Private Limited (“MHPL”), about capital expenditure for the project development at Mathura Hotel Project, Mathura, Uttar Pradesh: The company aims to utilise INR 3.25 crores for the construction of a 4-star hotel in Mathura, with INR 1.15 crores from net proceeds and INR 2.10 crores financed through debt from HDFC Bank. 
  1. General Corporate Purposes: The company will deploy funds for general corporate purposes, including strategic initiatives, strengthening the marketing network and capability, addressing exigencies, and conducting brand-building exercises to enhance operations and growth. 

Jungle Camps India IPO Risks And Challenges 

Jungle Camps India Limited’s risk includes potential delays in obtaining statutory permits, lease disputes impacting operations, and the loss of corporate records, which could lead to regulatory issues and adversely affect operations, financial condition, or reputation. 

  • The company requires statutory permits and approvals for its existing and proposed business. While renewals and modifications are anticipated, failure to obtain or comply with regulations may impact operations, expansion, and financial condition. 
  • The company operates resorts and offices on leased land. Non-renewal or disagreement in lease agreements could disrupt operations, impact financials, and require renegotiation, potentially affecting business continuity and location. Details are available in the “Property” section. 
  • The company has lost corporate records, including financial documents and forms filed with RoC before 2006. While no legal action has been taken, future regulatory issues may adversely impact operations, finances, or reputation. 

Jungle Camps India Ltd IPO – Industry & Market Potential 

The global hospitality market is projected to grow from US$4,674 bn in 2023 to US$6,190 bn by 2028, driven by sustainability, wellness tourism, AI personalization, and technological advancements, with a CAGR of 5.5%. 

India’s travel and tourism industry is projected to contribute US$ 512 billion to GDP by 2028, with the market reaching US$ 125 billion by FY27. International arrivals and hotel chains’ growth will drive sector expansion. 

Staycations are a growing trend, with major hotel chains offering curated experiences. India’s travel industry, driven by the e-Visa scheme and budget allocation, is expected to earn US$ 50.9 billion in visitor exports by 2028. 

Jungle Camps India Limited IPO – Type of Offer 

Jungle Camps India Limited is coming up with an IPO with a fresh issue of 40,86,400 shares worth INR 29.42 crores. The company aims to fund capital expenditures for projects at Sanjay Dubri, Pench, and Mathura. 

Jungle Camps India IPO Offer Size 

The offer size of Jungle Camps India Limited is INR 29.42 crores, consisting of a fresh issue of 40,86,400 shares. The company aims to fund capital expenditures for projects at Sanjay Dubri, Pench, and Mathura. 

Jungle Camps India Limited IPO Allotment Structure 

Jungle Camps India Limited’s allocation will be as follows: 50% for Qualified Institutional Buyers (QIB), 15% for Non-Institutional Investors (NII), and 35% for Retail Individual Investors (RII) according to SEBI regulations. 204,800 shares are reserved for market makers. 

Qualified Institutional Buyers (QIB): As per SEBI regulations, 50% of the shares offered through the IPO will be reserved for Qualified Institutional Buyers. These include entities such as banks, mutual funds, and insurance companies.

Non-Institutional Investors (NII): 15% of the shares will be reserved for Non-Institutional Investors. These typically include corporate bodies or individuals investing more than Rs.2 lakhs.

Retail Individual Investors (RII): The remaining 35% of the shares will be allotted to Retail Individual Investors. These individual investors apply for shares with a total value of less than Rs.2 lakhs. 

Market Maker Reservation: A portion of shares, i.e. 204,800 shares, are reserved for market makers. 

How to apply for Jungle Camps India IPO?

To apply for the Jungle Camps India Limited IPO through Alice Blue, follow these steps:

Open a Demat and Trading Account: If you don’t have one already, you must open a Demat and trading account with Alice Blue.

  1. Check for IPO Details: Once your account is active, you can check for the Jungle Camps India Limited IPO details in the IPO section of the Alice Blue platform.
  2. Place the Bid: Enter the number of shares you wish to buy and place your bid within the IPO’s price band.
  3. Submit the Application: Confirm all your details and submit your application.

 You can apply for the Jungle Camps India Limited IPO at Alice Blue in just a few clicks!

Check Allotment Status: After the allotment process, you can check the allotment status to see if you have received any shares.

Please note that the allotment of shares is not guaranteed and will depend on the demand for the IPO.

How do you check Jungle Camps India IPO Allotment Status?

Checking the allotment status of an IPO in Alice Blue is usually straightforward. Please follow these general steps:

  1. Log in to your Alice Blue Account: You can do this through the Alice Blue website or the trading app.
  2. Navigate to the Portfolio or IPO Section: This might differ based on the layout of Alice Blue’s platform, but generally, you can find the status of your IPO application under the ‘Portfolio’ or ‘IPO’ section.
  3. Find the IPO Allotment Status: Look for a sub-section called ‘IPO Allotment Status’ or something similar. This is where you can see the status of the IPOs you have applied for.
  4. Select the Jungle Camps India Limited IPO: If you have applied for multiple IPOs, there might be a dropdown menu or a list where you can select the IPO you are interested in. Select the Jungle Camps India Limited IPO.
  5. Check the Status: The status of your application should be displayed here. If the shares have been allocated to you, it would be mentioned here.

 If you face any issues, we request you reach out to our customer support team at Alice Blue for detailed assistance. 

 Apart from Alice Blue, there are other ways to check the allotment status of the Jungle Camps India Limited IPO:

Registrar’s Website: Visit the website of Skyline Financial Services Private Limited, the registrar of the Jungle Camps India Limited IPO. On the homepage, look for the ‘IPO Allotment Status’ option. You must enter your PAN, application, or Demat account number to check your allotment status. Click on the ‘Submit’ button to view your IPO allotment status.

BSE SME: You can also check the allotment status on the official websites of the Bombay Stock Exchange (BSE) Small Medium Exchange (SME). You would need your application number and PAN to check the status. 

Please note that the allotment status will only be available after completing the allotment process, a few days after the IPO window closes.

Jungle Camps India Ltd IPO Offer Registrar

The registrar for the Jungle Camps India Limited IPO is Skyline Financial Services Private Private Limited. They are responsible for ensuring the IPO allotment and refund processes are carried out smoothly.

Contact information for the registrar: 

SKYLINE FINANCIAL SERVICES PRIVATE LIMITED

D-153/ A, First Floor, Okhla Industrial Area,

Phase – I, New Delhi – 110020

Telephone – 011 -40450193-197

E-mail id: [email protected]

Website: www.skylinerta.com 

Jungle Camps India SME IPO – FAQs 

1. What is the allotment date of the Jungle Camps IPO? 

The allotment date of the Jungle Camps is December 13, 2024. 

2. What is the price band of the Jungle Camps India IPO? 

The price band of the issue is INR 68-72 per share. 

3. What is the size of the Jungle Camps India IPO? 

The offer size of Jungle Camps India Limited is INR 29.42 crores, consisting of a fresh issue of 40,86,400 shares. The company aims to fund capital expenditures for projects at Sanjay Dubri, Pench, and Mathura. 

4. What is the listing date of the Jungle Camps India IPO? 

The listing date of the Jungle Camps India is December 17, 2024. 

5. Where is the Jungle Camps IPO Getting Listed? 

Jungle Camps is getting listed on the Bombay Stock Exchange (BSE) and Small Medium Exchange (SME). 

6. What are the open and close dates of the Jungle Camps India Limited IPO? 

The open and close dates of the Jungle Camps India Limited are December 10, 2024, and December 12, 2024, respectively. 

7. How to apply for Jungle Camps India Ltd IPO in Alice Blue? 

To apply for the Jungle Camps India Limited IPO through Alice Blue, open a Demat and Trading Account, check IPO details, place your bid, submit your application, and check allotment status. Allotment depends on demand and is not guaranteed. 

8. Who is the Book Runner for the Jungle Camps India IPO? 

The Book Runner for the Jungle Camps India is KHAMBATTA SECURITIES LIMITED.

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