Naturewings Holidays Limited IPO And Its GMP IPO Details
| 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 | 1,600 Shares |
| Total Issue Size | 9,50,400 shares (aggregating up to ₹ 7.03 Cr) |
| Fresh Issue | 9,50,400 shares (aggregating up to ₹ 7.03 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | BSE SME |
| Shareholding pre issue | 22,10,000 |
| Share holding post issue | 31,60,400 |
| Market Maker portion | 48,000 shares Pure Broking |
About 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.
- Book Running Lead Manager: Fedex Securities Pvt Ltd
- Registrar: Bigshare Services Pvt Ltd
- Market Maker: Pure Broking
Naturewings Holidays IPO Reservation
| Investor Category | Shares Offered |
|---|---|
| Retail Shares Offered | 50% of the Net Issue |
| Other Shares Offered | 50% of the Net Issue |
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.
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.
Naturewings Holidays Limited IPO And Its GMP Financial Information
Latest Revenue
2,189.97
₹ Crore
Profit After Tax
111.92
₹ Crore
Net Worth
265.63
₹ Crore
Total Borrowing
5.12
₹ Crore
| Period Ended | Assets | Revenue From Operations | Profit After Tax | Net Worth | Total Borrowing | ||||
|---|---|---|---|---|---|---|---|---|---|
| 31 Mar 2024 | 571.61 | 2,189.97 | 111.92 | 265.63 | 5.12 | ||||
| 31 Mar 2023 | 514.16 | 1,176.25 | 65.08 | 153.71 | 6.99 | ||||
| 31 Mar 2022 | 309.57 | 418.32 | 19.89 | 88.63 | 8.73 | ||||
| Amount in ₹ Crore | |||||||||
IPO Estimated Listing Return
Based on the IPO Price of ₹74 (highest price band), the latest uploaded Grey Market Premium (GMP) of ₹30 and a lot size of 1600 shares.
Naturewings Holidays Limited IPO And Its GMP GMP TREND (DAILY UPDATES)
| GMP Date | IPO Price | GMP | Last Updated |
|---|---|---|---|
| 2024-09-09 | ₹74 | ₹30.0 (41%) | 2024-09-09 |
Naturewings Holidays Limited IPO And Its GMP 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 |
Frequently Asked Questions
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Competitive Strengths
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Naturewings Holidays Limited IPO And Its GMP IPO Timeline
| 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 |
IPO Lot Size
| Investors | No.of lots | Shares Offered | Max Bid Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1600 | ₹118,400 |
| Retail (Max) | 1 | 1600 | ₹118,400 |
| HNI (Min) | 2 | 3,200 | ₹236,800 |