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Juniper Hotels Limited, the luxury hospitality player, is coming with its initial public offering in February 2024. With seven hotels and serviced apartments across the country, the Juniper Hotels IPO will aim to raise Rs. 1,800 crores. Read this blog and understand the fundamentals of Juniper Hotels Limited IPO before you decide to make your IPO investment.

About Juniper Hotels Limited

Arguably, the first question you should ask before you invest in IPOs is what the company does. So, what is Juniper Hotels Limited and what do they do?

  • Established in 1985, Juniper Hotels boasts a strong track record in developing and owning luxury hotels across India.
  • As of September 2023, they operate seven hotels and serviced apartments with a total of 1,836 rooms across major cities like Mumbai, Delhi, and Lucknow.
  • Their properties cater to various segments, including luxury, upper upscale, and upscale categories, with their hotels being recognized as landmarks in their respective markets.
  • Juniper Hotels enjoys a strategic partnership with global hospitality giant Hyatt Hotels Corporation, offering a unique blend of local expertise and international brand recognition.

Juniper Hotels Limited IPO: financials

The revenue numbers will help you understand the Juniper Hotels fundamentals before you make the IPO investment.

  • The company has displayed consistent revenue growth, increasing from Rs. 1,663.51 million in FY2021 to Rs. 6,668.54 million in FY2023.
  • They also employ a well-trained workforce of over 1,993 employees, ensuring seamless operations across their properties.

About the Juniper Hotels Limited IPO

  • Issue Size: Rs. 1,800 crores (entirely fresh issue)
  • Subscription Dates: February 21st - 23rd, 2024
  • Allotment Finalisation: February 26th, 2024
  • Tentative Listing Date: February 28th, 2024 (BSE & NSE)

Potential upsides for Juniper Hotels Limited IPO

  • Growing Indian tourism industry, particularly in the luxury segment
  • Strategic partnership with Hyatt Hotels Corporation
  • Experienced management team and strong track record
  • Diversified portfolio across cities and segments

Potential downsides for Juniper Hotels Limited IPO

  • Competitive landscape in the hospitality industry
  • Economic fluctuations and their impact on travel spending
  • Regulatory changes in the sector

Before you invest

  • Analyse the Grey Market Premium (GMP) to gauge investor interest before investing.
  • Research competitor performance and future industry trends.
  • Consult a financial advisor for personalised investment recommendations.

This blog offers a starting point for your research. Remember, thorough due diligence is crucial before making any investment decisions.

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