The Naturewings Holidays IPO is scheduled to open on September 3, 2024, and will close on September 5, 2024. Notably, this IPO is a Fixed Price Issue. Consequently, the company aims to raise approximately ₹7.03 crores. This includes a fresh issue of ₹7.03 crores, in addition to an offer for the sale of equity shares with a face value of ₹10 each.
Table of contents
- Naturewings Holidays IPO Overview
- Company Details
- Key Dates
- Financials (₹ in Crores)
- IPO Lot Size
- The objective of the Issue
- Company Promoters
- Naturewings Holidays IPO GMP (Grey Market Premium)
- Naturewings Holidays IPO Application Form PDF
- Naturewings Holidays IPO Subscription Status
- Naturewings Holidays IPO Allotment Status
- IPO Review
- Naturewings Holidays IPO Registrar
- Naturewings Holidays IPO Lead Manager
- Naturewings Holidays IPO Limited Contact
- FAQs
Naturewings Holidays IPO Overview
| Overview Points | Description |
|---|---|
| Company Name | Naturewings Holidays Limited |
| Industry | Travel and Tourism |
| IPO Issue Type | Fixed Price Issue |
| Open Date | September 03, 2024 |
| Close Date | September 05, 2024 |
| Total Issue Size | ₹7.03 Crores(950,400 Equity Shares) |
| Face Value | ₹10 Per Equity Share |
| Fresh Issue | ₹7.03 Crores(950,400 Equity Shares) |
| Price Band | ₹74 per share |
| Listing on | BSE SME |
| Lot Size | 1600 Shares |
| Offer for Sale | N/A |
| Shares Offered to Retail | 50% |
| Shares Offered to QIB | [.]% |
| Shares Offered to HNI | 50% |
Company Details
Naturewings Holidays Limited, incorporated on December 19, 2018, is a tourism and hospitality company specializing in Himalayan destinations across India, Nepal, and Bhutan. Specifically, the company offers specialized holiday packages tailored for leisure travelers visiting the Himalayan ranges. Additionally, their comprehensive travel packages cater to both individuals and groups, providing a full range of travel solutions, including air bookings, hotel reservations, in-transit arrangements, local sightseeing, and other destination management services.
Moreover, Naturewings Holidays is a well-regarded travel company registered with the Tourism Council of Bhutan through their representative. Recently, they have launched a new international travel division to expand their offerings to global destinations. Notably, starting in June 2024, they will provide services in the “Himalayan Ranges” regions. Furthermore, their go-to-market strategy spans the entire value chain of leisure holiday packages, covering both B2C (Business to Consumer) and B2B (Business to Business), including business-to-agent relationships.
The company provides comprehensive travel solutions, including land and air bookings, hotel reservations, in-transit arrangements, local sightseeing, and destination management services. It caters to individuals and groups visiting Himalayan destinations and has recently launched an international division to extend its services to global destinations.
Key Dates
| Events | Date |
|---|---|
| IPO Open Date | September 3, 2024 |
| IPO Close Date | September 5, 2024 |
| Basis of Allotment | September 6, 2024 |
| Refunds | September 9, 2024 |
| Credit to Demat Account | September 9, 2024 |
| IPO Listing Date | September 10, 2024 |
Financials (₹ in Crores)
| Period Ended | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|
| Assets | ₹5.71 | ₹5.14 | ₹3.09 |
| Revenue | ₹21.89 | ₹11.76 | ₹4.18 |
| Profit After Tax | ₹1.11 | ₹0.65 | ₹0.19 |
| Net Worth | ₹2.65 | ₹1.53 | ₹0.88 |
| Reserves and Surplus | ₹0.44 | ₹0.68 | ₹0.83 |
| Total Borrowing | ₹0.05 | ₹0.06 | ₹0.08 |
IPO Lot Size
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1600 | ₹118,400 |
| Retail (Max) | 1 | 1600 | ₹118,400 |
| HNI (Min) | 2 | 3200 | ₹236,800 |
The objective of the Issue
- Firstly, meeting working capital needs.
- Additionally, funding marketing and business promotions.
- Finally, supporting general corporate purposes.
Company Promoters
- Mr. Sandip Raha
- Mrs. Mousumi Raha
Naturewings Holidays IPO GMP (Grey Market Premium)
Curious about the latest Grey Market Premium (GMP) for the Naturewings Holidays IPO? Look no further! Visit our dedicated IPO GMP section where we keep you in the loop with daily updates on all IPOs, including Naturewings Holidays Limited. Additionally, stay ahead of the game with real-time GMP insights that can help you make informed investment decisions. Whether you’re a seasoned investor or just getting started, our updates have got you covered!
Naturewings Holidays IPO Application Form PDF
To download the Naturewings Holidays IPO application form, simply check out the IPO Forms. Additionally, you can download the ASBA IPO Forms PDF.
Naturewings Holidays IPO Subscription Status
This IPO subscription kicks off on September 3, 2024! Meanwhile, if you’re looking to stay updated with the latest subscription figures, head over to our IPO Subscription section for real-time data on all ongoing IPOs. Moreover, don’t miss out on the action—track the progress as it happens!
Naturewings Holidays IPO Allotment Status
To check the Naturewings Holidays IPO allotment status go to the IPO registrar website Maashitla or go to IPO Allotment.
To check allotment status. Firstly, follow the steps below:
- Firstly, go to the link given above.
- Secondly, select the company name.
- Then, enter your PAN Number, Beneficiary Number, Application Number, or CAF Number.
- Finally, submit the details to get the allotment status.
IPO Review
Strengths:
- They have concentrated on establishing themselves as a specialist destination management travel company for the Himalayan range. Consequently, they are among the few Indian companies registered with the Tourism Council of Bhutan.
- Moreover, organic and unpaid traffic from Google and other digital channels has seen significant growth, rising from 1,084 in FY 2021 to 11,662 in FY 2023.
- Additionally, they are developing a seamless and integrated technology platform to meet all their travel needs. Their service offerings and quality serve as incentives for employees, who use the B2B corporate travel platform to also engage with NatureWings for personal travel on their B2C platform.
Risks:
- However, the travel markets in India, Nepal, and Bhutan are highly competitive. Their success, therefore, hinges on their ability to compete effectively against numerous established and emerging competitors, including both online and offline travel agencies.
- Furthermore, future lockdowns related to COVID-19-like diseases could adversely impact their revenues.
- Additionally, the quality of their service relies on third parties, such as hotels and car agencies. Consequently, any issues with these third parties may negatively affect NatureWings’ brand and revenue.
Naturewings Holidays IPO Registrar
BIGSHARE SERVICES PRIVATE LIMITED
Office No. S6-2, 6th Floor, Pinnacle Business Park,
Next to Ahura Centre, Mahakali Caves Road, Andheri
(East), Mumbai – 400 093, Maharashtra
Phone: 022 – 6263 8200
E-mail: ipo@bigshareonline.com
Website: www.bigshareonline.com
Naturewings Holidays IPO Lead Manager
FEDEX SECURITIES PRIVATE LIMITED
B 7, 3rd Floor, Jay Chambers, Dayaldas Road,
Vile Parle – [East], Mumbai – 400 057, Maharashtra
Phone: +91 81049 85249
Email: mb@fedsec.in
Website: www.fedsec.in
Naturewings Holidays IPO Limited Contact
NATUREWINGS HOLIDAYS LIMITED
DGK- 417, 4th Floor, DLF Galleria Building,
Newtown, Kolkata North 24 Parganas
New Town – 700156, West Bengal
Phone: +91-9831317505
E-mail: cs@naturewings.com
Website: www.naturewings.com
FAQs
The offer size for Naturewings Holidays is ₹7.03 crores.
In addition, the public offer price for Naturewings Holidays is ₹74 per share.
Furthermore, the lot size for this IPO is 1,600 shares.
Specifically, the minimum bid is 1,600 shares, amounting to ₹118,400.
Finally, the allotment date for this IPO is September 6, 2024.
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