Jungle Camps India IPO - Day 3 Subscription at 198.99

The final day of Jungle Camps India IPO has concluded with remarkable success, demonstrating exceptional investor enthusiasm with an overall subscription of 198.99 times by 12:43 PM on December 12, 2024. This impressive response reflects strong market confidence in India's wildlife tourism and hospitality sector.

The subscription pattern across investor categories tells a compelling story: Retail investors have shown overwhelming interest, with subscription reaching 322.41 times, while Non-Institutional Investors demonstrated robust confidence at 175.58 times. The QIB portion closed at 0.94 times, suggesting a more measured approach from institutional investors.

Subscription Status of Jungle Camps India IPO:

*As of 12:43 PM

Final Day Subscription Details:

Total Applications: 1,37,731

Jungle Camps IPO Key Highlights:

• The final day culminated in an exceptional overall subscription of 198.99 times, demonstrating unprecedented investor confidence in the company's unique positioning within India's wildlife tourism sector and its expansion plans across prime wildlife destinations.
• The retail segment's extraordinary subscription of 322.41 times, mobilizing ₹3,153.28 crores, reflected strong individual investor belief in the company's business model of conservation-focused luxury hospitality and its growth potential in India's emerging experiential tourism market.
• Non-institutional investors showed remarkable conviction with 175.58 times subscription (₹736.24 crores), indicating strong confidence from high-net-worth individuals in the company's proven track record and its strategic presence near major tiger reserves.
• The QIB portion's improvement to 0.94 times from initial days suggested growing institutional recognition of the company's unique market position and its potential to capitalize on India's growing wildlife tourism sector.
• Total bid volume of 54.09 crore shares worth ₹3,894.77 crores demonstrated the market's strong appetite for companies operating in the specialized hospitality segment with clear growth visibility.
• The substantial application count of 3,14,864, predominantly from retail investors, indicated widespread public confidence in the company's expansion plans and its ability to capture growing domestic tourism demand.

Jungle Camps India IPO - Day 2 Subscription at 138.67 Times

Key Highlights:

• The overall subscription surge to 138.67 times reflected accelerating investor interest, particularly notable given the company's niche focus on wildlife tourism and hospitality services.
• Retail participation strengthened considerably to 232.74 times, suggesting growing individual investor appreciation for the company's differentiated offering in the luxury wildlife resort segment.
• The NII category's strong showing at 104.34 times indicated high-net-worth investors' confidence in the company's asset-light expansion model and its presence in premium wildlife destinations.
• The gradual improvement in QIB interest to 0.04 times suggested institutional investors were beginning to evaluate the company's long-term growth potential in the experiential tourism sector.
   

Jungle Camps India IPO - Day 1 Subscription at 36.11 Times

Key Highlights:

• The impressive opening day subscription of 36.11 times demonstrated strong initial market recognition of the company's established presence in prime wildlife tourism locations and its growth prospects.
• Early retail investor enthusiasm reaching 61.92 times suggested strong brand recognition among individual investors and appreciation for the company's proven operational track record.
• The NII segment's robust 24.11 times subscription indicated immediate recognition from wealthy investors of the company's potential to capitalise on growing domestic tourism trends.
• The measured initial QIB response at 0.01 times reflected typical institutional approach of careful evaluation of business fundamentals and growth sustainability.
   

About Jungle Camps India Limited: 

Established in 2002, Jungle Camps India represents a unique intersection of conservation and luxury hospitality in India's wildlife tourism sector. The company has strategically positioned itself with four award-winning boutique resorts located near prime wildlife and tiger reserves across central India. Their portfolio encompasses 87 rooms across various accommodation types, including villas, cottages, deluxe rooms, and safari tents, complemented by comprehensive amenities such as banquet halls, restaurants, and spa facilities.

What makes their business model particularly interesting is their focus on conservation-driven hospitality, operating in premium locations near Pench National Park, Tadoba, and Kanha National Park. With 162 employees, they've demonstrated strong operational capabilities, reflected in their impressive financial performance - achieving 61.01% revenue growth and a remarkable 699.55% PAT increase between FY2023 and FY2024.
 

Highlights of the Jungle Camps India IPO:

• IPO type: Book Built Issue
• IPO size: ₹29.42 crores
• Fresh Issue: 40.86 lakh shares
• Face value: ₹10 per share
• Price band: ₹68 to ₹72 per share
• Lot size: 1,600 shares
• Minimum investment for retail investors: ₹115,200
• Minimum investment for HNI: ₹230,400 (2 lots)
• Listing at: BSE SME
• IPO opens: December 10, 2024
• IPO closes: December 12, 2024
• Allotment date: December 13, 2024
• Refund initiation: December 16, 2024
• Credit of shares: December 16, 2024
• Listing date: December 17, 2024
• Lead Manager: Khambatta Securities Limited
• Registrar: Skyline Financial Services Private Ltd
• Market Maker: Nikunj Stock Brokers