Cholamandalam Securities, IPO report on Juniper Hotels Ltd
Juniper Hotels IPO is a book-built issue of Rs 1,800.00 crores. The issue is entirely a fresh issue of 5 crore shares. The price band is set at Rs. 342 to Rs. 360 per share. Objects of the Offer are: The net proceeds of the issue, i.e., gross proceeds of the issue less the issue related expenses are proposed to be utilised in the following manner.
Valuation and Outlook
Tourism and hotel industry experiencing robust growth. Anticipated revenue CAGR of 15% over the next 3-4 years. Listing gains expected, presenting a constructive opportunity for investors.
For all IPO report, click here
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