Juniper Hotels, a company specializing in luxury hotel development and ownership holds the title of being the owner of “Hyatt” affiliated hotels, in India. With a collection comprising seven hotels and serviced apartments Juniper Hotels currently manages a total of 1,836 rooms as indicated in the DRHP. Leveraging a partnership spanning over four decades between Saraf Hotels and Hyatt Hotels Corporation (NYSE; H) Juniper Hotels distinguishes itself as the hotel development entity in India with a significant investment from Hyatt. As of June 30 2023, the company possesses a stake in 20% of Hyatt group-affiliated hotel rooms in India. Boasts expertise, in identifying hospitality destinations, upscale hotel development, and proactive asset management.
Juniper Hotels locations include upscale and midrange options, in Mumbai, Delhi, Ahmedabad, Lucknow, Raipur and Hampi. Some of the sites within their portfolio are the Grand Hyatt Mumbai Hotel and Residences which stands as the largest Indian hotel. Additionally, there are the Hyatt Regency Lucknow and Hyatt Regency Ahmedabad, known as the upscale hotels, in their respective areas. The ownership of the company is shared among Saraf Hotels and Juniper Investments. Its affiliate and Two Seas Holdings.
Juniper Hotels boasts a range of accommodations, in cities across India catering to established urban hubs, emerging business centers, and promising tourist destinations. Their properties include a mix of luxury, upper upscale, and upscale establishments with a focus on Mumbai and New Delhi. The strategic benefit lies in their locations, within city centers and established business environments.
Juniper Hotel Purchases properties, by considering factors such as location, economic viability target clientele, and brand image. They efficiently transition from investing capital to generating income by managing resources. As the leading company under the Saraf Group umbrella, their approach includes broadening their ownership of high-end hospitality properties in India consolidating stakes, in hospitality-related businesses, and exploring avenues to enrich their asset portfolio.
Juniper Hotels IPO Complete Details:
Juniper Hotels IPO Timetable:
Company Financial Details:
AS OF NOW, the GMP Of Juniper Hotels is Around 10 Rs.
Objects Of Issue:
1. Clearing or partially settling certain existing loans obtained by our Company and Subsidiaries, specifically CHPL and CHHPL and
2. Funding various general corporate activities.
Promoters:
- ARUN KUMAR SARAF
- SARAF HOTELS LIMITED
- TWO SEAS HOLDINGS LIMITED
- JUNIPER INVESTMENTS LIMITED
FAQs:
When Juniper Hotels IPO is Opening?
Juniper Hotels IPO is Opening on 21 February 2024.
When is the Juniper Hotels IPO Closing?
Juniper Hotels IPO is Closing on 23 February 2024.
What is the Issue Size of the Juniper Hotels IPO?
The IPO Issue Size of Juniper Hotels is 1,800 Crore.
Price Band of Juniper Hotels IPO?
The price Band of Juniper Hotels IPO is 342 to 360 rupees per share.
What is the minimum investment for a Juniper Hotels IPO?
The minimum investment for the Juniper Hotels IPO is 14,400 Rupees.
Allotment Date of Juniper Hotels IPO?
The Allotment of Juniper Hotels IPO is on 26 February 2024.
Listing Date of Juniper Hotels IPO?
The Listing Of Juniper Hotels is Scheduled on 28 February 2024.
One Should Apply for Juniper Hotels IPO or Not?
Will Update Soon..
How to apply for Juniper Hotels IPO through the Zerodha Application?
Open Zerodha Application ——–> At the Bottom Click on Orders ——–> Then at the Top Click on IPO ——–> Find Juniper Hotels IPO from the list ——–> Then Click Apply Button ——–> Select Investor Type(Individual) ——–> Enter Your UPI ID ——–> Select @ Extension ——–> Click on Cut-Off Price Box ——–> Enter Quantity ——–>Tick Check Box Of Terms and Conditions ——–> Drag Submit IPO Button On Right Side ——–> Accept IPO Mandate Received in Your UPI Application.
How to apply for Juniper Hotels IPO through the Upstox Application?
Open Upstox Application ——–> At the Bottom Click on Invest ——–> Then Click On “View ongoing IPO” ——–> Find Juniper Hotels IPO from the list ——–> Then Click Apply Button ——–> Enter Your UPI ID ——–> Select Investor Type ——–> Enter the Number of Lots to Purchase ( ENTER 1) ——–> Click on Cut-Off Price Box ——–>Tick Check Box Of Terms and Conditions ——–> Click on Continue ——–> Click on Confirm And Apply ——–> Accept IPO Mandate Received in Your UPI Application.
How to apply for Juniper Hotels IPO through Angel One Application?
Open Angel One Application ——–> At the Bottom Click on Home ——–> Click on IPO Button ——–> Find Juniper Hotels IPO from the list ——–> Click on Juniper Hotels IPO Name ——–> Click on Apply Now ——> Enter Lot (1) ——–> Select Investor Type ——–> Enter UPI ID ——–> Click on “Apply For IPO” —>Click On Proceed ——–> Accept IPO Mandate Received in Your UPI Application.
Who is the Lead Manager of Juniper Hotels?
JM Financial Limited, CLSA India Private Limited, and ICICI Securities Limited are the Lead Managers of Juniper Hotels.
Where To Check the Allotment of Juniper Hotels IPO?
The allotment status for the Juniper Hotels IPO will be accessible on the Kfin Technologies Limited website.
Juniper Hotels IPO is going to be listed at?
Juniper Hotels IPO is going to be listed at NSE and BSE.
What is the Lot Size of the Juniper Hotels IPO?
The lot size of the Juniper Hotels IPO is 40 Shares.
