IPO Trending
JUNIPEREQ / NSE, BSEListed
Juniper Hotels

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 Price₹365.00
Listing Gain+1.39%

IPO Schedule & Timeline

Book Built Issue IPO
Open21 Feb 2024
Close23 Feb 2024
Allotment26 Feb 2024
Listing28 Feb 2024

Quota Reservation & Application Lots

Quota Reservation (% Shares)

Retail50,00,000 shares
10%
Nii(hni)75,00,000 shares
15%
QIB1,50,00,000 shares
30%

Minimum Application Lots

Retail1 Lot (40 shares)
₹14,400
sHNI14 Lots (560 shares)
₹2,01,600
bHNI70 Lots (2,800 shares)
₹10,08,000

Company Promoters

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

Company Background

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 Hyat...

Financial Performance

Figures in ₹ Crores
Metric Breakdown

Revenue

Latest (Sep-23)₹337.43 Cr
Growth+75.0%
Revenue Trend (₹ in Crores)
0.0275.0549.9824.9Mar-21Mar-22Mar-23Sep-23
PeriodRev (Cr)PAT (Cr)AssetsDebt
Sep-23337.43-26.503,837.832,252.75
Mar-23717.29-1.503,020.272,045.61
Mar-22343.76-188.033,069.862,121.81
Mar-21192.85-199.493,055.541,830.48

Key Performance Indicators (KPIs)

PeriodEPSROEROCEP/E (Pre)P/E (Post)
2023-0.100%0%00
2022-13.080%0%00
2021-13.880%0%00

Broker & Analyst Reviews

Review Not Available

Institutional broker reviews and analyst reports have not been released for this issue yet. Reviews are typically published 2 to 3 days prior to the issue opening date.

IPO Allotment & Registrar Status

Official Registrar: Kfin Technologies Limited

Allotment Finalized
Allotment Date
26 Feb 2024
Official Status
Out / Finalized
Registrar
Kfin Technologies Limited
Listing Date
28 Feb 2024

Official Allotment Verification Links

Official Registrar Portal
Kfin Technologies Limited

Direct allotment verification on the official registrar portal appointed for Juniper Hotels. Check with PAN or Application No.

Check on Registrar Portal
Stock Exchange Portal
BSE India Investor Portal

Official Bombay Stock Exchange investor verification channel using Issue Name and PAN Number.

Check on BSE India

Allotment Schedule & Milestones

IST
1. Allotment Finalization26 Feb 2024Basis of allotment declared
2. Refund Initiation1 day post allotmentUPI / ASBA mandate unblocked
3. Demat CreditPrior to listingShares credited to CDSL/NSDL
4. Listing Date28 Feb 2024Trading commences on exchange

How to Check Juniper Hotels Allotment Online

1Open Portal

Click on the official registrar link or BSE portal button above.

2Select Company

Select Juniper Hotels from the issue drop-down list.

3Enter Details

Select PAN, Application No., or DP Client ID and type your details.

4View Allocation

Click Submit to check your allotted share count and status.

Prospectus & Official Filings

Allotment FAQs & Help

About Juniper Hotels IPO

Complete issue overview for Juniper Hotels (JUNIPER) IPO. The issue features an equity share price band of ₹342 – ₹360 per share with a minimum retail lot size of 40 Shares (minimum application amount of ₹14,400). Explore live market tracking on our GMP Tracker, compare against All IPO GMP Today, or view category bidding on the Subscription Page. Verify official allotment via IPO Registrars or review participating investment bankers in our Lead Managers Directory.

Frequently Asked Questions