The Jungle Camps India Share Target 2030 is set to open on December 10, 2024, providing investors with an opportunity to engage with a company specializing in unique eco-tourism experiences and adventure camping. The company aims to use this IPO to expand its operations, enhance its infrastructure, and cater to the growing demand for sustainable tourism in India.
IPO Details
- IPO Opening Date: December 10, 2024
- IPO Closing Date: December 12, 2024
- Issue Price: ₹72 per share
- Lot Size: 1,600 shares
- Lead Manager: Khambatta Securities
- Brokerage Partner: Nikunj Stock Brokers
- Expected Listing Date: December 17, 2024
- Listing Exchange: BSE SME
Company Background: Jungle Camps India Limited
Jungle Camps India Limited is a leader in the eco-tourism and adventure camping segment, offering a wide range of services, including luxury camping, eco-friendly retreats, and customized adventure tours. With a strong focus on sustainability, the company has established a niche in catering to environmentally conscious travelers. The proceeds from this IPO will help the company expand its operations, introduce new destinations, and reinforce its leadership in the sector.
Objectives of the IPO
- Infrastructure Development: Enhance camping facilities and introduce state-of-the-art amenities.
- Geographical Expansion: Establish operations in untapped destinations across India.
- Marketing and Brand Building: Increase visibility through targeted campaigns and digital outreach.
- Debt Reduction: Strengthen the financial foundation by lowering existing liabilities.
Financial Performance and Predictions
For FY 2023-24, Jungle Camps India Limited recorded:
- Revenue: ₹45 crores
- Net Profit: ₹6 crores
- Year-over-Year Growth: 18%
| Year | Predicted Share Price (₹) |
|---|---|
| 2025 | ₹80 – ₹90 |
| 2026 | ₹90 – ₹105 |
| 2027 | ₹105 – ₹125 |
| 2028 | ₹125 – ₹150 |
| 2029 | ₹150 – ₹180 |
| 2030 | ₹180 – ₹210 |
These predictions highlight the company’s strong growth trajectory, driven by the booming eco-tourism industry and innovative offerings.
Subscription and Grey Market Premium (GMP) Details
- Retail Investors: Expected to see significant interest due to the affordability of shares and growth potential.
- Qualified Institutional Buyers (QIBs): Likely to invest due to the company’s unique market positioning.
- Non-Institutional Investors (NIIs): Anticipated to participate actively given the promising returns.
GMP (as of December 2024): ₹10 – ₹15, reflecting positive investor sentiment ahead of the listing.
Key Growth Factors
- Rise in Eco-Tourism: Increasing preference for sustainable travel options among modern travelers.
- Market Leadership: Established presence in the adventure tourism sector with a strong reputation.
- Innovative Offerings: Customized camping and adventure packages catering to diverse customer needs.
- Experienced Team: Skilled professionals driving operational excellence and customer satisfaction.
Conclusion: Is Jungle Camps India Limited IPO a Good Investment?
The Jungle Camps India Limited IPO presents an exciting opportunity for investors seeking exposure to the fast-growing eco-tourism sector. With its solid business model, strategic expansion plans, and commitment to sustainability, the company is well-positioned to achieve long-term growth. Investors should, however, assess their risk appetite and conduct thorough research before making an investment decision in this IPO.