Juniper Hotels Limited IPO
Juniper Hotels Limited was a mainboard IPO in the Hotels & Resorts sector, offered at ₹342–₹360 per share to raise ₹1,800 crore. The issue was subscribed 2.08× overall (QIBs 2.96×, NIIs 0.85×, retail 1.28×). It listed on 28 Feb 2024 at ₹365 and closed its first day at ₹402, a listing gain of +11.5% versus the ₹360 issue price. It now trades around ₹196 (-45.5% versus the issue price).
Frequently asked questions
- How many times was the Juniper Hotels Limited IPO subscribed?
- The Juniper Hotels Limited IPO was subscribed 2.08× overall — 2.96× in the QIB category, 0.85× among non-institutional investors, 1.28× in retail.
- What were the Juniper Hotels Limited IPO listing gains?
- Juniper Hotels Limited listed on 28 Feb 2024 at ₹365, closing its first day at ₹402 — a listing gain of +11.5% versus the ₹360 issue price.
- What were the retail allotment odds for the Juniper Hotels Limited IPO?
- Retail was subscribed 1.28×, so a single-lot application had roughly a 78.1% chance of allotment — most applicants were allotted, and allotment was finalised on 26 Feb 2024.
- What was the price band and lot size of the Juniper Hotels Limited IPO?
- The price band was ₹342–₹360 per share, with a minimum lot of 40 shares (₹14,400 at the upper band).
- Who were the registrar and lead manager for the Juniper Hotels Limited IPO?
- KFin Technologies Limited was the registrar, and JM Financial was the book-running lead manager.