Naturewings Holidays Limited is coming up with an IPO consisting of a fresh issue of 9,50,400 shares worth INR 7.03 crores. The company aims to meet working capital needs, enhance marketing, and support general corporate purposes.
Naturewings Holidays IPO – Important Dates
| Naturewings Holidays Limited IPO Date | September 3, 2024 to September 5, 2024 |
| Naturewings Holidays Limited IPO Listing Date | September 10, 2024 |
| Naturewings Holidays Limited IPO Price | INR 74 per share |
| Naturewings Holidays Limited IPO Lot Size | 1600 Shares |
| Naturewings Holidays Limited IPO Total Issue Size | INR 7.03 crores |
| Naturewings Holidays Limited IPO Basis of Allotment | September 6, 2024 |
| Naturewings Holidays Limited IPO Initiation of Refunds | September 9, 2024 |
| Naturewings Holidays Limited IPO Credit of Shares to Demat | September 9, 2024 |
| Naturewings Holidays Limited IPO Issue Type | Fixed Price Issue IPO |
| Naturewings Holidays Limited IPO Listing At | BSE SME |
Naturewings Holidays Limited IPO – Company Profile
Naturewings Holidays Limited, incorporated on December 19, 2018, specializes in curated holiday packages for Himalayan destinations across India, Nepal, and Bhutan. It offers comprehensive travel solutions. Recently, it expanded to international destinations and added foreign exchange services.
It offers B2C and B2B holiday packages for the Himalayan Ranges, supported by 100+ travel agents, 750 hotels, and an online portal for booking standard packages with payment options, effectively catering to urban consumers.
Focusing on untapped international markets, the company offers customized, flexible tour packages across Asia, Africa, and Europe. It also provides visa assistance (excluding passport services) exclusively for customers booking international travel packages.
Naturewings Holidays Ltd IPO Fundamental Analysis
Naturewings Holidays Limited’s financial analysis reveals a mixed performance. Revenue has significantly increased over recent years, reflecting business growth, but the rising debt-equity ratio and reduced liquidity indicate potential financial challenges. Profitability has improved.
- Revenue Trend: The revenue decreased from ₹412.54 lakhs in March 2022 to ₹1,170.47 lakhs in March 2023. The revenue for the current year’s 12-month period ending March 2024 is INR 2,181.18 lakhs.
- Equity and Liabilities: Equity has shown a consistent increase over the periods, reflecting potential growth and expansion. However, the debt-equity ratio has increased, indicating rising reliance on debt financing.
- Profitability: The profit after tax (PAT) has significantly increased from ₹19.89 lakhs in March 2022 to ₹111.92 lakhs by March 2024. This improvement in profitability could be a source of confidence among investors.
- Earnings per Share (EPS): The diluted EPS has risen from ₹0.90 in March 2022 to ₹5.06 by March 2024, reflecting higher earnings per share for investors.
- Return on Net Worth (RoNW): The RoNW has reduced from 22.44% to 42.13%, 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 decreased, indicating weakening liquidity and potential challenges in meeting short-term obligations.
Naturewings Holidays IPO Financial Analysis
| Particular | As of 31 March 2022 | As of 31 March 2023 | As of 31 March 2024 |
| Revenue (₹ in lakhs) | 412.54 | 1,170.47 | 2,181.18 |
| Equity (₹ in lakhs) | 88.63 | 153.71 | 265.63 |
| Expenses (₹ in lakhs) | 389.63 | 1,092.64 | 2,038.16 |
| Profit and Loss After Tax (₹ in lakhs) | 19.89 | 65.08 | 111.92 |
| Diluted EPS only (₹) | 0.90 | 2.94 | 5.06 |
| Return on Net Worth (%) | 22.44 | 42.34 | 42.13 |
| NAV per Equity Share (₹) | 4.01 | 6.96 | 12.02 |
| Total Assets (in lakhs) | 309.57 | 514.16 | 571.61 |
| Total Liabilities (in lakhs) | 220.94 | 360.45 | 305.98 |
| Debt Equity Ratio | 0.01 | 0.08 | 0.03 |
| Current Ratio (in times) | 1.39 | 0.94 | 1.34 |
Naturewings Holidays Limited IPO Peer Comparison
Naturewings Holidays Limited shows more robust profitability and return on net worth compared to Sailani Tours and Travels Limited. However, Sailani has higher total assets but lower earnings per share and profitability margins.
| Company | Face Value per Equity Share (₹) | P/E Ratio | EPS (Basic & Diluted) (₹) | RoNW (%) | NAV per Equity Share (₹ in lakhs) |
| Naturewings Holidays Limited | 10 | 14.62 | 8.19 | 42.13 | 12.02 |
| Sailani Tours and Travels Limited | 10 | 41.27 | 0.63 | 4.10 | 15.41 |
Naturewings Holidays Ltd IPO Objective
The main objective of Naturewings Holidays Limited is to meet working capital requirements and enhance marketing and business promotions.
- Meeting working capital requirements: The company intends to utilize INR 3.95 crores from net proceeds to fund working capital requirements. Additionally, funding for Fiscal 2025 will include working capital facilities and internal accruals.
- Marketing and Business Promotions: The company plans to use INR 1.02 crores from the proceeds to enhance marketing, expand into new international destinations, and increase corporate sales while continuing to target niche travel segments in the Himalayan region.
- General Corporate Purposes: The company will allocate INR 0.86 crores to general corporate goals, including strategic initiatives, expansion funding, marketing, brand building, security deposits, debt repayment, working capital, and other expenses.
Naturewings Holidays IPO Risks And Challenges
Naturewings Holidays Limited’s risks include intense competition in the travel market, supplier-related issues affecting financial efficiency, and the impact of service quality on customer satisfaction and brand reputation, which could potentially influence overall economic performance.
- Operating in a highly competitive travel market in India, Nepal, and Bhutan, the company faces challenges from established competitors, new entrants, and evolving technologies. Increased competition may impact margins, customer retention, and overall financial performance.
- The company managed to increase the number of holiday packages to Bhutan but faces risks from travel suppliers, including bankruptcies and delays in advance utilization. Such issues could adversely impact financial and operational efficiency.
- Their business relies on providing quality customer service and maintaining strong supplier relationships. Despite efforts to address complaints, failures in service quality or customer support could harm their reputation, decrease brand recognition, and negatively impact financial performance.
Naturewings Holidays Ltd IPO – Industry & Market Potential
India’s travel and tourism sector, ranked 10th globally, contributes significantly to GDP, with expected growth driven by domestic tourism. By 2028, international arrivals and revenue will rise, supported by increased foreign investment and an expanding hotel market.
Growth drivers for India’s tourism market include rising FDI, currently at US$16.61 billion, significant infrastructure investment (US$76.35 million for coastal circuits), increasing domestic demand, and supportive policies, with US$290.4 million allocated for tourism development.
India’s tourism sector is advancing through international promotions, staycation trends, and an expanded e-visa scheme, with a potential 2.5% growth. By 2028, visitor exports are projected to reach US$50.9 billion, up from US$28.9 billion in 2018.
Naturewings Holidays Limited IPO – Type of Offer
Naturewings Holidays Limited is coming up with an IPO consisting of a fresh issue of 9,50,400 shares worth INR 7.03 crores. The company aims to meet working capital needs, enhance marketing, and support general corporate purposes.
Naturewings Holidays IPO Offer Size
The offer size of Naturewings Holidays Limited is INR 7.03 crores, consisting of a fresh issue of 9,50,400 shares. The company seeks funds to meet working capital needs, enhance marketing, and support general corporate purposes.
Naturewings Holidays Limited IPO Allotment Structure
Naturewings Holidays Limited’s IPO allotment structure includes a category for Retail Individual Investors (RII) with investments below ₹2 lakhs, a category for other investors exceeding ₹2 lakhs, and a reservation of 48,000 shares for Market Makers.
- Retail Individual Investors (RII): These individual investors apply for shares with a total value of less than Rs.2 lakhs.
- Other than retail individual investors: Such applications where the value exceeds INR 2 lakhs.
- Market Makers Reservation: A certain percentage or number of shares is reserved for market makers. The company has set aside 48,000 shares for this purpose.
How to apply for Naturewings Holidays IPO?
To apply for the Naturewings Holidays 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.
- Check for IPO Details: Once your account is active, you can check for the Naturewings Holidays Limited IPO details in the IPO section of the Alice Blue platform.
- Place the Bid: Enter the number of shares you wish to buy and place your bid within the IPO’s price band.
- Submit the Application: Confirm all your details and submit your application.
You can apply for the Naturewings Holidays 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 Naturewings Holidays IPO Allotment Status?
Checking the allotment status of an IPO in Alice Blue is usually straightforward. Please follow these general steps:
- Log in to your Alice Blue Account: You can do this through the Alice Blue website or the trading app.
- 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.
- 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.
- Select the Naturewings Holidays 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 Naturewings Holidays Limited IPO.
- 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 to 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 Naturewings Holidays Limited IPO:
● Registrar’s Website: Visit the website of Bigshare Services Private Limited, the registrar of the Naturewings Holidays 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.
Naturewings Holidays Ltd IPO Offer Registrar
The registrar for the Naturewings Holidays Limited IPO is Bigshare Services Private Limited. They are responsible for ensuring the IPO allotment and refund processes are carried out smoothly.
Contact information for the registrar:
BIGSHARE SERVICES PRIVATE LIMITED
Office No. S6 – 2, 6th Floor,
Pinnacle Business Park, Next to Ahura Centre,
Mahakali Caves Road, Andheri – (East),
Mumbai, – 400093, Maharashtra, India.
Tel No: +91 22 6263 8200
E-mail Id: [email protected]
Website: www.bigshareonline.com
Naturewings Holidays IPO – FAQs
1. What is the allotment date of the Naturewings Holidays IPO?
The allotment date of the Naturewings Holidays Limited IPO is September 6, 2024.
2. What is the price band of the Naturewings Holidays IPO?
The price band of the issue is INR 74 per share.
3. What is the size of the Naturewings Holidays IPO?
The offer size of Naturewings Holidays Limited is INR 7.03 crores, consisting of a fresh issue of 9,50,400 shares. The company seeks funds to meet working capital needs, enhance marketing, and support general corporate purposes.
4. What is the listing date of the Naturewings Holidays IPO?
The listing date of Naturewings Holidays Limited’s IPO is September 10, 2024.
