Juniper Hotels Limited Incorporated in September 1985, Juniper Hotels Limited is a luxury hotel development and ownership company. As of September 30, 2023, the company operates seven hotels and serviced apartments with a total of 1,836 rooms.
The company’s hotels and serviced apartments in Mumbai, Delhi, Ahmedabad, Lucknow, Raipur, and Hampi are landmarks in the luxury, upper upscale and upscale categories. Grand Hyatt Mumbai Hotel and Residences is India’s largest luxury hotel, while Hyatt Regency Lucknow and Hyatt Regency Ahmedabad are the biggest upper upscale hotels in their respective markets. Finally, Hyatt Raipur is the only upper upscale hotel in Raipur.
Juniper Hotels is co-owned by Saraf Hotels Ltd and Two Seas Holdings Ltd, an affiliate of Hyatt Hotels Corporation, forming a strategic partnership between a hotel developer and an international hospitality company.
The company has been honored with several awards, including the “Best Luxury Business Hotel in Delhi” at the Today’s Traveller Awards in 2022 for Andaz Delhi, and the “Best 5 Star Hotel in Gujarat” at the Gujarat Tourism Awards in 2022 for Hyatt Regency Ahmedabad.
Juniper Hotels Limited IPO Timetable
| Particular | Date |
| IPO Open Date | 21 Feb 2024 |
| IPO Close Date | 23 Feb 2024 |
| Allotment Date | 26 Feb 2024 |
| IPO Listing Date | 28 Feb 2024 |
Juniper Hotels Limited IPO Details
| Issue Type | Book Built Issue IPO |
| Face Value | Rs. 10 Per Equity Share |
| IPO Price | Rs. 342 to Rs. 360 Per Equity Share |
| Market Lot | 40 Share |
| ISIN Code | |
| Listing At | NSE & BSE |
| Issue Size | Approx. Rs. 1800 Crore. |
Juniper Hotels Limited IPO Lot Size
| Application | Lots | Shares | Amount |
| Minimum | 1 | 40 | Rs. 14400 |
| Maximum | 13 | 520 | Rs. 187200 |
| Small HNI (Minimum) | 14 | 560 | Rs. 201600 |
| Big HNI (Minimum) | 70 | 2800 | Rs. 1008000 |
Juniper Hotels Limited IPO Allotment Status & IPO forms
Click Here To Check IPO Allotment Status Juniper Hotels Limited IPO
Click Here To Get ASBA Forms Juniper Hotels Limited IPO
Company Financials:
| Particular | 31 March 2023 | 31 March 2022 | 31 March 2021 |
| Total Assets | 3020.27 | 3069.86 | 3055.54 |
| Total Revenue | 717.29 | 343.76 | 192.85 |
| Profit After Tax | -1.5 | -188.03 | -199.49 |
Company Promoters:
The Promoter of the company are Arun Kumar Saraf, & Saraf Hotels Limited, Two Seas Holdings Limited and Juniper Investments Limited.
Purpose of the Issue
- Repayment/ prepayment/ redemption, in full or in part, of certain outstanding borrowings availed by the Company and its recent acquisitions, namely CHPL and CHHPL.
- General corporate purposes.
Registrar & Company Details
| Company Contact Information | IPO Registrar |
| Juniper Hotels Limited Off Western Express Highway Santacruz East, Mumbai 400 055, Phone: + 91 22 6676 1000 Email: complianceofficer@juniperhotels.com Website: http://www.juniperhotels.com | Kfin Technologies Limited Phone: 04067162222, 04079611000 Email: jhl.ipo@kfintech.com Website: https://kosmic.kfintech.com/ipostatus |
