Jungle Camps India operates wildlife camps and hotels, motels, inns, guest houses, holiday homes, health clubs, catering houses, and restaurants in India.. Jungle Camps India IPO aims to raise Rs 29.42 crores. The issue is entirely fresh issue of shares.
IPO opens
December 10, 2024
IPO Closes
December 12, 2024
IPO Size (Rs.)
₹29.42 Cr
Breakup
Fresh issue
Face Value:
₹ 10
IPO Price in Rs :
₹68 to ₹72 per share
Minimum Lot
1600 Shares
Listing At
NSE SME
QIB Quota
~50%
NII Quota
~15%
Retail Quota
~35%
Lead Manager
Khambatta Securities Limited
Registrar
Skyline
Market maker
Nikunj
About Jungle Camps India
Jungle Camps is founded in 2002 with its first lodge Pench Jungle Camp situated in natural forested estate, the founding lodge provided an intimate connection with the jungles.
This was followed by the launch of Kanha Jungle Camp in 2018.
Company is a conservation focused hospitality group with a collection of four award winning boutique resorts located at prime wildlife and tiger reserves national parks across central India.
Mr. Gajendra Singh, Ms. Laxmi Rathore, Mr. Yashovardhan Rathore, Mr. Ranvijay Singh Rathore, and G S Rathore HUF are the Promoters of the company.
Financials: Jungle Camps India IPO
Particulars / Rs. Lacs
June 30, 2024
2024
2023
2022
Total income
572.25
1810.61
1124.55
781.17
Profit After Tax
110.39
359.16
44.92
72.86
Equity Share capital
1079.21
674.5
212.24
156.55
Net worth
1878.2
1794.89
930.04
703.81
Basic earnings per share
4.89
0.89
1.9
Return on Net Worth
5.90%
19.35%
5.19%
12.32%
Net Asset Value
17.41
26.61
43.82
44.96
Total borrowings
401.83
410.31
317.69
391.29
Post issue Share Capital
1550
FV
10.0
IPO price
72.0
EPS Fy24
2.3
PE Fy24
31.1
EPS Fy25 (annualized)
2.8
PE Fy25 (annualized)
25.3
Market cap in Lacs
11,160
Market cap / Sales
6.16
Anchor: Jungle Camps India IPO
Jungle Camps India IPO: Salient Points
The company leverages India’s rich biodiversity and cultural heritage.
promoting eco-friendly practices and sustainable tourism
Net proceeds:
Particulars
Estimated Amount(₹ in Lakhs)
Capital Expenditure for the project development at Sanjay Dubri National Park, Madhya Pradesh
700.00
Expenditure for renovation of Pench Jungle Camp at Pench National Park, Madhya Pradesh
350.00
Capital Expenditure for the project development at Mathura Hotel Project, Mathura
1,150.00
strong presence in central India’s premier wildlife and tiger reserve national parks and unique offerings.
Peers
Key Performance in Lacs
Revenue
EBITDA
EBITDA Margin
PAT
PAT Margin
Debt Equity
ROCE (%)
Mcap/sales
PE
Jungle Camps
1,748.82
668.45
38.22%
359.16
20.54%
0.23
24.75%
6.16
31(25)
Best Eastern Hotels
621.26
111.75
17.99%
14.05
0.02
1.04
9.78%
4.89
194
The Byke Hospitality
8,385.86
3,642.38
43.43%
564.68
0.07
0.28
4.35%
5.46
79
Espire Hospitality
3,575.91
754.28
21.09%
255.62
0.07
16.21
6.90%
6.09
134
Ras Resorts
1,311.84
141.4
10.78%
18.3
0.01
0.2
3.69%
1.54
56.9
Debt levels are reasonable.
Company offerdscUnique eco-tourism experience and has a wide presence in key wildlife regions.
Their properties have consistently won awards for excellence in hospitality, conservation, guest experiences.
More lodges are to be added as part of expansion plan.
PE 25x (annualized) ; PE Fy24: 30x
I intend to apply in Jungle Camps India IPO based on Funds available. Eco-tourism is a growing sector. Company is small but has has a unique market positioning in the sector. They are adding more lodges giving a good revenue visibility
GMP as reported on social media is around Rs. 60(82%).
Lead Manager Khambatta Securities Limited has an average to fair record.
SME IPOs are quite volatile and new retail investors need to exercise considerable caution in my view.
This post is exploratory and educational purposes only. Please do your own diligence before investing in SME IPOs like this.
Standard disclaimer: I am not a SEBI registered analyst and above analysis is for educational purpose only. Iam a postgraduate in engineering & Management . I have in the past cleared some exams like NISM-Series-V-A: Mutual Fund Distributors Certification, NISM-Series-X-A: Investment Adviser (Level 1) Certification and NISM-Series-X-B: Investment Adviser (Level 2) Examination. This post is my view on the subject matter and is only academic and exploratory in nature. It is not meant to influence investment decisions of investors. I may have bias/vested interest in covered Stock/Mutual Funds/NCD etc. due to my own investment or leaning. Further my understanding of the areas on which I write may be imperfect or incomplete and data could be wrong due to limited time and resources at my disposal. Do check the data from company’s RHP and exchanges before making any decision. Please do your own due diligence as stock market/MF investments have high degree of inherent risk.
