Juniper Hotels IPO Launch

Juniper Hotels, running the prestigious Hyatt brand, opens its IPO today.

IPO Details

Price Band: ₹342-360. Minimum bid: 40 shares.

Subscription Dates

Open for subscription today! Closes on Friday, February 23.

Allocation

Allocation: 75% QIBs, 15% Non-institutional, 10% Retail investors.

Anchor Investors

Raised ₹810 crore from anchors like Fidelity, Kotak, and more.

About Juniper Hotels

Operates 7 hotels and 1,836 Hyatt-affiliated keys across India.

Financial Highlights

FY23 Revenue: ₹666.85 crore, a 116% increase. Loss narrowed to ₹1.497 crore.

Book Lead Managers: JM Financial, CLSA, ICICI Securities. Listing on BSE and NSE.

Always research thoroughly and consult a financial advisor before investing.

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