Business Standard

Juniper Hotels Ltd - IPO

Issue Type

Book Building

Issue Size (₹ Cr.)

1,800.00 cr

Price Range (₹)

360

Lot Size

40

Min Investment (₹)

14,400.00

Listing Exchange

MumbaiNSE

Open Date

21-Feb-2024

Close Date

23-Feb-2024

Listing Date

28-Feb-2024

Juniper Hotels Ltd News

    The Shares of Juniper Hotels Ltd have now been listed.

    Juniper Hotels Ltd IPO Details

    Initial public offering of 50,000,000 equity shares^ bearing face value of Rs. 10 each (Equity Shares) of Juniper Hotels Limited (Company or the Issuer) for cash at a price of Rs. 360 per equity share (including a share premium of Rs. 350 per equity share) (the Issue Price) aggregating to Rs. 1800.00 crores^ (the Issue). The issue constituted 22.47% of the post-issue paid up equity share capital of the company. The face value of the equity shares is Rs. 10 each and the issue price is 36.00 times the face value of the equity shares. ^Subject to finalisation of the basis of allotment

    Objective of issue

    Repayment/prepayment/redemption in full or in part of certain outstanding borrowings availed by the company and subsidiary namely CHPL & CHHPL. General corporate purposes.

    Juniper Hotels Ltd Contact Details

    Juniper Hotels Ltd, Karvy Selenium Tow-B, 31&32 Financial Dist, Nanakramguda, Hyderabad-500032

    Phone - 91-40-67162222

    Fax - 91-40-23001153/23420814

    Email - Complianceofficer@juniperhotels.com

    Website - www.juniperhotels.com