Apex Ecotech Limited IPO...
20 Nov 2024
Naturewings Holidays Limited IPO And Its GMP
Naturewings Holidays Limited is a tourism company with the primary focus being the entire Himalayan destination across India, Nepal and Bhutan. They offer specialized and curated holiday packages for leisure travelers visiting the Himalayan ranges and they also offer end-to-end travel solutions including land and air bookings, hotel bookings, in-transit arrangements, local sightseeing and other destination management services.
The company designs travel packages for both individuals and groups traveling to Himalayan destinations. Naturewings Holidays Limited is one of the Indian companies that is registered with the Tourism Council of Bhutan, through our representative. They recently started their international division to offer their services on international destinations. Besides, the company also started providing value-added services such as travel-related foreign exchange & payment solutions.
-
IPO OVERVIEW
- Issue Size: ₹7.03 crores
- Type: Fresh issue of shares
- Total Shares Offered: 9.5 lakh shares
- Price: ₹74 per share
- Minimum Lot Size: 1600 shares
- IPO Subscription Dates: September 3, 2024 to September 5, 2024
- Book Running Lead Manager: Fedex Securities Pvt Ltd
- Registrar: Bigshare Services Pvt Ltd
- Market Maker: Pure Broking
WHAT IS GMP?
GMP stands for Grey Market Premium, and if you are planning your IPO then GMP plays an important role. A grey market is a place where stocks/shares get traded before getting officially listed on any stock exchange. The difference between the IPO price and the grey market price is known as GMP (grey market premium). GMP is a premium amount paid at which initial public offering (IPO) shares are traded before it is listed on the stock exchanges.
Naturewings Holidays IPO GMP
| GMP Date | IPO Price | GMP | Last Updated |
|---|---|---|---|
| 09-09-2024 | 74 | 30.0 (41%) | 09-Sep-2024 12:30 |
| 06-09-2024 | 74 | 30.0 (41%) | 06-Sep-2024 12:15 |
| 05-09-2024 | 74 | 30.0 (41%) | 05-Sep-2024 13:05 |
| 04-09-2024 | 74 | 30.0 (41%) | 04-Sep-2024 11:20 |
| 03-09-2024 | 74 | 45.0 (61%) | 03-Sep-2024 13:10 |
**The GMP prices displayed here are solely for informational purposes related to the grey market news. India IPO does not engage in or facilitate grey market trading, nor are these rates (sub2) indicative of any trading activity. We also do not recommend or endorse participation in the grey market.**
Naturewings Holidays IPO Overview
| Detail | Description |
|---|---|
| IPO Date | September 3, 2024 to September 5, 2024 |
| Listing Date | [.] |
| Face Value | ₹10 per share |
| Price Band | ₹74 per share |
| Lot Size | 1600 Shares |
| Total Issue Size | 950,400 shares (aggregating up to ₹7.03 Cr) |
| Fresh Issue | 950,400 shares (aggregating up to ₹7.03 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | BSE SME |
| Shareholding pre issue | 2,210,000 |
| Share holding post issue | 3,160,400 |
| Market Maker portion | 48,000 shares Pure Broking |
Naturewings Holidays IPO Timeline (Tentative Schedule)
| Detail | Description |
|---|---|
| IPO Open Date | Tuesday, September 3, 2024 |
| IPO Close Date | Thursday, September 5, 2024 |
| Basis of Allotment | Friday, September 6, 2024 |
| Initiation of Refunds | Monday, September 9, 2024 |
| Credit of Shares to Demat | Monday, September 9, 2024 |
| Listing Date | Tuesday, September 10, 2024 |
| Cut-off time for UPI mandate confirmation | 5 PM on September 5, 2024 |
Naturewings Holidays IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1600 | ₹118,400 |
| Retail (Max) | 1 | 1600 | ₹118,400 |
| HNI (Min) | 2 | 3,200 | ₹236,800 |
Naturewings Holidays IPO Reservation
| Investor Category | Shares Offered |
|---|---|
| Retail Shares Offered | 50% of the Net Issue |
| Other Shares Offered | 50% of the Net Issue |
Naturewings Holidays IPO Promoter Holding
| Share Holding Pre Issue | 95.8% |
| Share Holding Post Issue | 67.53% |
Company & Financials
Incorporated in December 2018, Naturewings Holidays Limited is a tour company that offers holiday packages for leisure travelers visiting the Himalayan ranges. The company mainly focuses on regions such as India, Nepal and Bhutan. The company provides comprehensive travel solutions, including land and air bookings, hotel reservations, in-transit arrangements, local sightseeing, and destination management services. It caters to individuals and groups visiting Himalayan destinations and has recently launched an international division to extend its services to global destinations. As of March 31, 2024, Naturewings Holidays has access to over 750 hotels in the Himalayan Ranges and various international destinations. As of March 31, 2024, the company had served approximately 7,163 packages to over 33,065 travelers on a cumulative basis. As of March 31, 2024, the company had more than 100 travel agents registered with them in most major cities in India. The company's network of travel agents has helped it expand its presence and distribution network in India. The company launched its international packages in March 2022. Since then, it has served 54 holiday packages to the following destinations: Indonesia, Thailand, Egypt, Kenya, Sri Lanka, Vietnam, Singapore and the Maldives.
Naturewings Holidays Limited Financial Information
| Period Ended | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 | |||||||||||||||||||||||||||||||||||||
| Assets | 571.61 | 514.16 | 309.57 | |||||||||||||||||||||||||||||||||||||
| Revenue | 2,189.97 | 1,176.25 | 418.32 | |||||||||||||||||||||||||||||||||||||
| Profit After Tax | 111.92 | 65.08 | 19.89 | |||||||||||||||||||||||||||||||||||||
| Net Worth | 265.63 | 153.71 | 88.63 | |||||||||||||||||||||||||||||||||||||
| Reserves and Surplus | 44.63 | 68.71 | 83.63 | |||||||||||||||||||||||||||||||||||||
| Total Borrowing | 5.12 | 6.99 | 8.73 | |||||||||||||||||||||||||||||||||||||
| Amount in ₹ Lakhs | ||||||||||||||||||||||||||||||||||||||||
Key Performance Indicator
| KPI | Values |
|---|---|
| ROE | 4.10% |
| ROCE | 5.76% |
| Debt/Equity | 0.03 |
| RoNW | 42.13% |
| P/BV | 6.16 |
| PAT Margin (%) | 5.13 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (Rs) | 5.06 | 3.54 |
| P/E (x) | 14.61 | 20.9 |
Objectives of Naturewings Holidays IPO
The company proposes to utilize the Net Proceeds from the Issue towards the following objectives:
- 1. Meeting working capital requirements.
- 2. Marketing and Business Promotions.
- 3. General corporate purposes.
Naturewings Holidays IPO Review
The company is engaged in providing tour-related services for Himalayan Destinations and has recently added International Destinations. It has posted steady growth in its financial performance for the reported periods. However, its spending for IPO and small equity post-IPO raises some concerns. Well-informed investors may park funds for the medium to long term.
FAQs for Naturewings Holidays IPO
-
What is Naturewings Holidays IPO?
Naturewings Holidays IPO is a main-board IPO. The company is going to raise ₹7.03 Crores via IPO. The issue is priced at ₹74 per equity share. The IPO is to be listed on BSE.
-
When will Naturewings Holidays IPO open for subscription?
The IPO is to open on September 3, 2024, for NII, and Retail Investors. The IPO will close on September 5, 2024.
-
What is Naturewings Holidays IPO Investors Portion?
The investors’ portion for QIB is [.]%, NII is 50%, and Retail is 50%.
-
What is Naturewings Holidays Issue Size?
Naturewings Holidays issue size is ₹7.03 crores.
-
What is Naturewings Holidays IPO Price Band?
Naturewings Holidays' IPO Price Band is ₹74.
-
What is Naturewings Holidays IPO Lot Size?
The minimum bid is 1600 Shares with ₹118,400.
-
What is the Naturewings Holidays IPO Allotment Date?
Naturewings Holidays IPO allotment date is September 6, 2024.
-
What is the Naturewings Holidays IPO Listing Date?
Naturewings Holidays' IPO listing date is September 10, 2024. The IPO is to be listed on BSE.
-
What is the current GMP of Naturewings Holidays?
The current GMP of Naturewings Holidays is 30.0 (41%).
RHP:
RHP of Naturewings Holidays Limited IPO.
DRHP:
DRHP of Naturewings Holidays Limited IPO.
-
What is Naturewings Holidays IPO?
Naturewings Holidays IPO is a main-board IPO. The company is going to raise ₹7.03 Crores via IPO. The issue is priced at ₹74 per equity share. The IPO is to be listed on BSE.
-
When will Naturewings Holidays IPO open for subscription?
The IPO is to open on September 3, 2024, for NII, and Retail Investors. The IPO will close on September 5, 2024.
-
What is Naturewings Holidays IPO Investors Portion?
The investors’ portion for QIB is [.]%, NII is 50%, and Retail is 50%.
-
What is Naturewings Holidays Issue Size?
Naturewings Holidays issue size is ₹7.03 crores.
-
What is Naturewings Holidays IPO Price Band?
Naturewings Holidays' IPO Price Band is ₹74.
-
What is Naturewings Holidays IPO Lot Size?
The minimum bid is 1600 Shares with ₹118,400.
-
What is the Naturewings Holidays IPO Allotment Date?
Naturewings Holidays IPO allotment date is September 6, 2024.
-
What is the Naturewings Holidays IPO Listing Date?
Naturewings Holidays' IPO listing date is September 10, 2024. The IPO is to be listed on BSE.
-
What is the current GMP of Naturewings Holidays?
The current GMP of Naturewings Holidays is 30.0 (41%).
Read More IPO related blogs- Jeyyam Global Foods Limited IPO
_Limited_IPO_right.jpg)
_Limited_IPO_right.jpg)
_Mobility_&_Hospitality_Limited_IPO_right.jpg)
