Juniper Hotels’ IPO is a book-built issuance worth Rs 1,800.00 crore. The offering is wholly new, totaling 5 crore shares.
Juniper Hotels’ initial public offering (IPO) will be available for subscription on February 21, 2024 and close on February 23, 2024. The allotment for Juniper Hotels’ IPO is expected to be finished on Monday, February 26, 2024. Juniper Hotels’ IPO will list on the BSE and NSE, with a tentative listing date of Wednesday, February 28, 2024.
Juniper Hotels’ IPO price ranges from ₹342 to ₹360 per share. The minimum lot size for an application is 40 shares. The minimum investment for retail investors is ₹14,400. The minimum lot size investment for sNII is 14 lots (560 shares) worth ₹201,600, while for bNII, it is 70 lots (2,800 shares) worth ₹1,008,000.
Juniper Hotels IPO Details
| IPO Date | February 21, 2024 to February 23, 2024 |
| Listing Date | [.] |
| Face Value | Rs 10 per share |
| Price Band | Rs 342 to ₹360 per share |
| Lot Size | 40 Shares |
| Total Issue Size | 50,000,000 shares (aggregating up to Rs 1,800.00 Cr) |
| Fresh Issue | 50,000,000 shares (aggregating up to Rs 1,800.00 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE, NSE |
| Share holding pre issue | 172,502,384 |
| Share holding post issue | 222,502,384 |
Juniper Hotels IPO Timeline
| IPO Open Date | Wednesday, February 21, 2024 |
| IPO Close Date | Friday, February 23, 2024 |
| Basis of Allotment | Monday, February 26, 2024 |
| Initiation of Refunds | Tuesday, February 27, 2024 |
| Credit of Shares to Demat | Tuesday, February 27, 2024 |
| Listing Date | Wednesday, February 28, 2024 |
| Cut-off time for UPI mandate confirmation | 5 PM on February 23, 2024 |
Juniper Hotels IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 40 | Rs 14,400 |
| Retail (Max) | 13 | 520 | Rs 187,200 |
| S-HNI (Min) | 14 | 560 | Rs 201,600 |
| S-HNI (Max) | 69 | 2,760 | Rs 993,600 |
| B-HNI (Min) | 70 | 2,800 | Rs 1,008,000 |
