Juniper Hotels Ltd.
Industry:
Hotel, Resort & Restaurants
Issue Details
Open Date
21 Feb 2024Close Date
23 Feb 2024Size (in Crs.)
1800
Size (Shares)
-Listing On
BSE, NSE
Issue Terms
Price Range
-18Lot Size
40
Type
Book building
Face Value
10
Market Lot
1
Objective of the Issue
1. Repayment/ prepayment/ redemption, in full or in part, of certain outstanding borrowings availed by our Company and our recent acquisitions, namely CHPL and CHHPL.2. General corporate purposes.
Description
We are a luxury hotel development and ownership company, and are the largest owner, by number of Keys of“Hyatt” affiliated hotels in India as of June 30, 2023. (source: Horwath Report) We have a portfolio of sevenhotels and serviced apartments and operate a total of 1,836 keys as of the date of this Draft Red Herring Prospectus.We benefit from a unique and longstanding partnership of over 40 years between Saraf Hotels (including erstwhileand current affiliates, collectively referred to as the “Saraf Group”), a... Show More
Address
Off Western Express Highway , Santacruz (East) ,
Mumbai
400055
State
Maharashtra
Phone No.
022-66761000
complianceofficer@juniperhotels.com
Website
www.juniperhotels.com
Promoter Holding
Promoters:
Arun Kumar Saraf, Juniper Investments Ltd, Saraf Hotels Ltd, Two Seas Holdings Ltd
Total Share Capital
172502384
Offered to Public
50000000
% Promoter's Holding (Pre-Issue)
100
% Promoter's Holding (Post-Issue)
77.53
Shares on offer
Total Share Offer
172502384
Of above offred to public
50000000
Post Issue shares
NA
Post Issue Promoters
77.53
Lead Managers to the Issue:
CLSA India Ltd, ICICI Securities Ltd, JM Financial Ltd.
Registrar Details
Registrar Name:
K FIN Technologies Ltd.-(Karvy Fintech Pvt Ltd.)
Address
Karvy Selenium Tower B, Plot 31-32 , Gachibowli,Financial District , Nanakramguda , Hyderabad
500032
Phone No.
040 - 67162222/18003094001
einward.ris@kfintech.com
Website
www.kfintech.com
Fax
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