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Juniper Hotels Limited

Founded in September 1985, Juniper Hotels Limited is a leading luxury hotel development and ownership company, operating seven hotels and serviced apartments with a total of 1,836 rooms across Mumbai, Delhi, Ahmedabad, Lucknow, Raipur, and Hampi. Notable properties include Grand Hyatt Mumbai Hotel and Residences, India’s largest luxury hotel, along with Hyatt Regency Lucknow and Ahmedabad, the largest upper upscale hotels in their respective markets, and Hyatt Raipur, the only upper upscale hotel in Raipur. Co-owned by Saraf Hotels Ltd and Two Seas Holdings Ltd (an affiliate of Hyatt Hotels Corporation), Juniper Hotels benefits from a strong strategic partnership between a premier hotel developer and an international hospitality giant. Recognized for excellence, the company has received awards such as "Best Luxury Business Hotel in Delhi" at the Today’s Traveller Awards 2022 for Andaz Delhi and "Best 5-Star Hotel in Gujarat" at the Gujarat Tourism Awards 2022 for Hyatt Regency Ahmedabad. As of September 30, 2023, Juniper Hotels employed 1,631 permanent staff, while the CHPL Group (including Saraf Hotels Ltd) had an additional 362 employees, bringing the total workforce to 1,993. With a strong presence in India's hospitality sector, Juniper Hotels continues to set industry benchmarks in luxury and service excellence.

₹342 - ₹3602.18x sub
Listed Price365.00
Listing Gain+1.39%
TimelineBook Built Issue IPO
Open21 Feb 2024
Close23 Feb 2024
Allotment26 Feb 2024
Listing28 Feb 2024

Quota Reservation Portions

RetailPortion: 50,00,000 shares
10%
Nii(hni)Portion: 75,00,000 shares
15%
QIBPortion: 1,50,00,000 shares
30%

Minimum Application Bracket Matrix

Retail1 lots / 40 shares
₹14,400
sHNI14 lots / 560 shares
₹2,01,600
bHNI70 lots / 2,800 shares
₹10,08,000

About the Company

Founded in September 1985, Juniper Hotels Limited is a leading luxury hotel development and ownership company, operating seven hotels and serviced apartments with a total of 1,836 rooms across Mumbai, Delhi, Ahmedabad, Lucknow, Raipur, and Hampi. Notable properties include Grand Hyatt Mumbai Hotel and Residences, India’s largest luxury hotel, along with Hyatt Regency Lucknow and Ahmedabad, the largest upper upscale hotels in their respective markets, and Hyatt Raipur, the only upper upscale hotel in Raipur. Co-owned by Saraf Hotels Ltd and Two Seas Holdings Ltd (an affiliate of Hyatt Hotels Corporation), Juniper Hotels benefits from a strong strategic partnership between a premier hotel developer and an international hospitality giant. Recognized for excellence, the company has received awards such as "Best Luxury Business Hotel in Delhi" at the Today’s Traveller Awards 2022 for Andaz Delhi and "Best 5-Star Hotel in Gujarat" at the Gujarat Tourism Awards 2022 for Hyatt Regency Ahmedabad. As of September 30, 2023, Juniper Hotels employed 1,631 permanent staff, while the CHPL Group (including Saraf Hotels Ltd) had an additional 362 employees, bringing the total workforce to 1,993. With a strong presence in India's hospitality sector, Juniper Hotels continues to set industry benchmarks in luxury and service excellence.

Company Promoters

Arun Kumar Saraf& Saraf Hotels LimitedTwo Seas Holdings LimitedJuniper Investments Limited.