Naturewings Holidays is launching its Initial Public Offering (IPO) on September 3, 2024. This Naturewings Holidays IPO provides a unique opportunity for investors to participate in a promising travel and tourism company that specializes in Himalayan destinations. The IPO aims to raise approximately ₹7.03 crores through a fixed price issue. In this blog post, we will cover all the details you need to know about the Naturewings Holidays IPO, including its dates, price band, allotment details, financials, and how you can apply.
Naturewings Holidays IPO Details
To better understand the Naturewings Holidays IPO, here is a detailed breakdown of the essential information:
| Detail | Information |
|---|---|
| IPO Open Date | September 3, 2024 |
| IPO Close Date | September 5, 2024 |
| Face Value | ₹10 per equity share |
| IPO Price Band | ₹74 per share |
| Issue Size | ₹7.03 crores (950,400 equity shares) |
| Fresh Issue | ₹7.03 crores (950,400 equity shares) |
| Offer for Sale | Not Applicable (NA) |
| Issue Type | Fixed Price Issue |
| IPO Listing | BSE (Bombay Stock Exchange) |
| Retail Quota | 50% |
| QIB Quota | To be determined |
| NII Quota | 50% |
Naturewings Holidays IPO Market Lot
The minimum market lot for the Naturewings Holidays IPO is 1600 shares, which requires an application amount of ₹118,400. Here is the breakdown of the application lot sizes:
| Application Type | Lot Size | Number of Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 | 1600 | ₹118,400 |
| Retail Maximum | 1 | 1600 | ₹118,400 |
| HNI Minimum | 2 | 3200 | ₹236,800 |
Naturewings Holidays IPO Dates and Allotment Details
Below are the critical dates for the Naturewings Holidays IPO allotment process:
| Event | Date |
|---|---|
| IPO Open Date | September 3, 2024 |
| IPO Close Date | September 5, 2024 |
| Basis of Allotment | September 6, 2024 |
| Refunds Initiated | September 9, 2024 |
| Credit to Demat Account | September 9, 2024 |
| IPO Listing Date | September 10, 2024 |
Promoters of Naturewings Holidays
The company is promoted by Sandip Raha and Mousumi Raha, who have played a significant role in its growth and success. Their vision has led Naturewings Holidays to become a notable player in the travel and tourism sector, particularly focusing on Himalayan destinations.
About Naturewings Holidays
Naturewings Holidays Limited, incorporated on December 19, 2018, specializes in offering end-to-end travel packages for the Himalayan regions across India, Nepal, and Bhutan. They cater to both individual travelers and groups, providing a range of services, including air bookings, hotel bookings, in-transit arrangements, and destination management services.
The company is registered with the Tourism Council of Bhutan and has recently expanded into international travel. Their B2C (Business to Consumer) and B2B (Business to Business) strategies cover the entire value chain of leisure holiday packages.
Naturewings Holidays Company Financial Report
The financial performance of Naturewings Holidays has shown significant growth in the past few years. Here’s a summary of their financials:
| Year | Revenue (₹ Crores) | Expense (₹ Crores) | Profit After Tax (₹ Crores) | Assets (₹ Crores) |
|---|---|---|---|---|
| 2022 | 4.18 | 3.90 | 0.20 | 3.10 |
| 2023 | 11.76 | 10.93 | -0.65 | 5.14 |
| 2024 | 21.90 | 20.38 | 1.12 | 5.72 |
The company’s revenue grew from ₹11.76 crores in 2023 to ₹21.90 crores in 2024, marking a significant increase. Additionally, the company shifted from a loss of ₹0.65 crores in 2023 to a profit of ₹1.12 crores in 2024.
Naturewings Holidays IPO Valuation – FY2024
Here are the key valuation metrics for the Naturewings Holidays IPO:
| Metric | Value |
|---|---|
| Return on Equity (ROE) | 42.13% |
| Return on Capital Employed (ROCE) | 57.37% |
| EBITDA Margin | 7.35% |
| Profit After Tax (PAT) Margin | 5.13% |
| Debt to Equity Ratio | 0.03 |
| Earnings Per Share (EPS) | ₹5.06 |
| Price/Earnings (P/E) Ratio | N/A |
| Net Asset Value (NAV) | ₹112.02 |
Peer Group Comparison
Let’s compare Naturewings Holidays with a peer company in the travel sector:
| Company | EPS | P/E Ratio | RoNW | NAV | Income |
|---|---|---|---|---|---|
| Naturewings Holidays | 5.06 | N/A | 42.13% | 112.02 | ₹21.90 Cr |
| Sailani Tours and Travels | 0.63 | 41.27 | 4.10% | 15.41 | N/A |
Objects of the Issue
The funds raised from the Naturewings Holidays IPO will be used for the following purposes:
- Meeting working capital requirements
- Marketing and business promotions
- General corporate purposes
Naturewings Holidays IPO Review
Many financial analysts and investment platforms have reviewed the Naturewings Holidays IPO. Based on the company’s recent performance and growth potential, investors are advised to consider this IPO for long-term investment.
How to Apply for Naturewings Holidays IPO?
To apply for the Naturewings Holidays IPO, you can use the ASBA (Application Supported by Blocked Amount) process through your bank account or apply via UPI through your stock broker. You can also apply offline by filling out the IPO application form through your broker.
Naturewings Holidays IPO FAQ
1. What is the Naturewings Holidays IPO?
The Naturewings Holidays IPO is an initial public offering where the company aims to raise ₹7.03 crores by offering 950,400 equity shares at a fixed price of ₹74 per share. The IPO is listed on the Bombay Stock Exchange (BSE).
2. When does the Naturewings Holidays IPO open for subscription?
The Naturewings Holidays IPO will open for subscription on September 3, 2024, and close on September 5, 2024.
3. What is the Naturewings Holidays IPO price band?
The IPO price band for Naturewings Holidays is set at ₹74 per equity share.
4. What is the minimum market lot for retail investors?
The minimum market lot for retail investors is 1600 shares, which amounts to ₹118,400.
5. What are the key dates for Naturewings Holidays IPO allotment and listing?
- Allotment Date: September 6, 2024
- Refunds Initiated: September 9, 2024
- Credit to Demat Account: September 9, 2024
- Listing Date: September 10, 2024
6. Should I invest in Naturewings Holidays IPO?
Investment decisions should be based on your financial goals and risk appetite. Considering the company’s recent financial growth and industry position, it might be a good option for long-term investors.
7. Where can I find more information on IPO allotment and grey market premium?
For more details on IPO allotment, you can visit the IPO Allotment Page. To check the grey market premium of the Naturewings Holidays IPO, visit the IPO Grey Market Premium Page.
8. Who are the lead managers for the IPO?
The lead manager for the Naturewings Holidays IPO is Fedex Securities Pvt Ltd.
Conclusion
The Naturewings Holidays IPO offers an intriguing opportunity for investors interested in the travel and tourism sector, particularly those focused on Himalayan destinations. With strong financials and growth prospects, this IPO could be a valuable addition to your investment portfolio. Be sure to review all the details and consult with your financial advisor before making any investment decisions.
For more information on upcoming IPOs, visit our Upcoming IPOs Page.
