The eagerly awaited Jungle Camps India Limited IPO allotment is set to be finalized today. Investors who participated in this Initial Public Offering (IPO) can now check whether they have been allotted shares. The IPO opened for bidding on December 10 and closed on December 12, 2024, with an overwhelming response from investors.
IPO Overview
The Jungle Camps IPO, with a valuation of ₹29.42 crore, is a Small and Medium Enterprises (SME) IPO. The price range for the IPO was ₹68-72 per share, and the minimum investment required by retail investors was ₹1.15 lakh. The IPO saw significant interest from all categories of investors, with bids exceeding the number of shares available.
This IPO offers 40.86 lakh shares, and it was a fresh issue, meaning that no shares were sold by existing shareholders (no Offer for Sale). Retail investors, institutional buyers, and non-institutional investors all showed strong participation.
The IPO received a staggering 494.58 times the number of shares offered. Specifically, retail investors placed bids 551.20 times over the available shares, while non-institutional investors’ (NII) demand was even stronger, with subscriptions reaching 760.48 times. Meanwhile, qualified institutional buyers (QIBs) also showed a strong interest, with their category being subscribed 198.52 times.
How to Check Allotment Status
Investors who participated in the Jungle Camps IPO can view the status of their allotment online. Here’s how you can do it:
- Visit the Registrar’s Website:
- Visit the IPO registrar’s website, Skyline Financial Services Private Ltd, at: https://www.skylinerta.com/ipo.php.
- Select the IPO:
- Choose “Jungle Camps IPO” from the drop-down list.
- Enter Required Details:
- You can check the allotment status by entering one of the following:
- Application Number
- PAN Number
- Demat Account Number
- You can check the allotment status by entering one of the following:
- Submit and View Status:
- Once you enter the necessary details, press the ‘submit’ button. The status will appear on the screen.
Additionally, investors can also check the allotment status on the BSE India website by following similar steps.
Important Dates to Remember
- Finalization of Allotment: December 13, 2024 (today)
- Initiation of Refunds: December 16, 2024
- IPO Listing Date: December 17, 2024
Shares will be credited to Demat accounts on December 16, 2024.
Shares will be transferred to the Demat accounts of investors who have received allotment. If your application was not successful, the refund process will be initiated on December 16, 2024.
About Jungle Camps India Limited
Jungle Camps India Limited, established in 2002, is a well-known hospitality company that provides unique nature-based experiences. The company operates a range of accommodations including wildlife camps, resorts, and boutique hotels across India, especially in wildlife and tiger reserve national parks in central India. Jungle Camps is recognized for its conservation-driven approach to hospitality and offers tailor-made travel experiences for both domestic and international tourists.
The company owns and operates several award-winning boutique resorts, offering guests a chance to explore nature while enjoying luxury amenities. In addition to its resorts, Jungle Camps India also operates a restaurant and provides highway retreats for travelers.
The Jungle Camps IPO has seen significant demand and investor interest. As the allotment process concludes today, investors can easily check their status online.The IPO is set to list on December 17, 2024, marking the company’s debut on the BSE SME platform. For those who have been allotted shares, the next step is the credit of shares to Demat accounts, and for others, refunds will be processed shortly. The IPO’s success is a reflection of Jungle Camps’ strong brand and its growing presence in the hospitality industry.
