Naturewings Holidays IPO – Naturewings Holidays is a tourism company with primary focus on the Himalayan destinations across India, Nepal and Bhutan. The company offers specialised and curated holiday packages for leisure travellers visiting the Himalayan ranges. It claims to offer end to end travel solutions including land and air bookings, hotel bookings, in-transit arrangements, local sightseeing and such other destination management services. Through its representative, the company is also registered with the Tourism Council of Bhutan.
As of 31 March 2024, the company had access to over 750 hotels across Bhutan, Nepal, North East, Sikkim-Darjeeling and Kashmir-Ladakh in the Himalayan Ranges and in various international destinations. It has also started providing value added service such as travel related foreign exchange & payment solutions.
Naturewings Holidays IPO is a fixed price issue of Rs 7.03 crores. The issue is entirely a fresh issue of 9.5 lakh shares. Naturewings Holidays IPO opens for subscription on September 3, 2024 and closes on September 5, 2024. The allotment for the Naturewings Holidays IPO is expected to be finalized on Friday, September 6, 2024. Naturewings Holidays IPO will list on BSE SME with tentative listing date fixed as Tuesday, September 10, 2024.
Naturewings Holidays IPO price is ₹74 per share. The minimum lot size for an application is 1600 Shares. The minimum amount of investment required by retail investors is ₹118,400. The minimum lot size investment for HNI is 2 lots (3,200 shares) amounting to ₹236,800.
Naturewings Holidays IPO Details
| IPO Dates | 3 – 5 September 2024 |
| IPO Price | INR 74 per share |
| Fresh issue | 9,50,400 shares (INR 7.03 crore) |
| Offer For Sale | NIL |
| Total IPO size | 9,50,400 shares (INR 7.03 crore) |
| Minimum bid (lot size) | 1,600 shares (INR 1,18,400) |
| Face Value | INR 10 per share |
| Retail Allocation | 50% |
| Listing On | BSE SME |
Naturewings Holidays IPO Dates
The Naturewings Holidays IPO date is September 3 and the close date is September 5. The Naturewings Holidays IPO allotment will be finalized on September 6 and the IPO listing on September 10.
| 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 |
Naturewings Holidays Financial Performance
| FY 2022 | FY 2023 | FY 2024 | |
| Revenue | 412.54 | 1,170.47 | 2,181.18 |
| Expenses | 389.63 | 1,092.64 | 2,038.16 |
| Net income | 19.89 | 65.08 | 111.92 |
