Juniper Hotels will open its IPO on 21 February 2024 and close on 23 February 2024. The company’s GMP prices are available from 15 February 2024. We will share details about Juniper Hotels IPO GMP below. The company deals in providing luxurious hotels and living apartments. Having seven successful hotels in the country, Juniper can provide around 1,836 rooms throughout the country. Its GMP has been stable for two days. The shareholders will get all the fresh equity shares.
Juniper Hotels IPO GMP Live Today
Juniper Hotels IPO GMP Prices are available over the internet. The company had its GMP of RS. 360 on 15 February 2024. It’s maintaining the same on 16 February as well. Let us have details about the Juniper Hotels Live below through the table:
| Date | GMP Price |
| 15 February 2024 | Rs. 360 |
| 16 February 2024 | Rs. 360 |
| 17 February 2024 | —- |
| 18 February 2024 | —- |
The company expects to list around Rs. 360 till now as per the GMP prices. The price band is Rs. 342 to Rs. 360 per share with a face value of Rs. 10 per share. The company will have a LOT size of 40 shares only with all fresh shares. There won’t be any offer for sale. Juniper Hotels will be giving around 50,000,000 shares aggregating up to Rs. 1,800 crore.
All of the shares will be divided among different categories of investors. The QIB will be around 75%, Retail, 10%, and NII 15., Apart from that the basis of allotment will take place on 26 February 2024. You will get your shares credited to your bank account by 27 February 2024. Everyone is curious to know about the listing date of the company. It will be listed on 28 February 2024.
Juniper Hotels quarter results were a little lacking in Q2. However, it’s in much better condition compared to the previous year. In FY 2022-23, the company was going through big losses of Rs. 199.49 Crore in March 2021 and Rs. 188.03 Crore in March 2022. Within a year, the company reduced the loss to Rs. 1.50 Crore. Its Q2 PAT (Profit After Tax) was Rs. -26.50 Crore, which is a loss. Its revenue reached Rs. 337.43 Crore with assets of Rs. 3,837.83 Crore.
The company expects to list at a good price. We will update you more about it as soon as we get to know. Juniper Hotels Limited is among the top luxurious brands existing in the market. Its listing will make the company public. It has a high chance of recovering after seeing last year’s growth of the company. We hope you get enough details about Juniper Hotels Limited IPO above. Stay tuned for more details with Business Patrika.