Naturewings Holidays Limited
Corporate Identification Number: U63030WB2018PLC229417
Naturewings Holidays Limited IPO is a book-built fresh issue of Rs. 7.03 crores in the exchange of a total of 9.5 lakh shares.
Naturewings Holidays Limited IPO is ready to apply on Tuesday, September 3, 2024, and it will close on Thursday, September 5, 2024. The allotment for the Naturewings Holidays Limited IPO is expected on Friday, September 6, 2024. The Naturewings Holidays Limited IPO will be listed on NSE SME with the Subject (to) listing date finalized as Tuesday, September 10, 2024.
Naturewings Holidays Limited’s price is set at ₹74 per share. The minimum lot size for retail investors is 1600 Shares and the minimum amount is ₹118,400. The minimum lot size in HNI is 2 lots(3200 Shares) and the amount is about ₹236,800.
Refer to Naturewings Holidays Limited IPO RHP for detailed information.
Naturewings Holidays IPO Details
| IPO Date | September 3, 2024 to September 5, 2024 |
| Listing Date | [.] |
| Face Value | ₹10 per share |
| Price | ₹74 per share |
| Lot Size | 1600 Shares |
| Total Issue Size | 950,400 shares (aggregating up to ₹7.03 Cr) |
| Fresh Issue | 950,400 shares (aggregating up to ₹7.03 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | BSE SME |
| Share holding pre issue | 2,210,000 |
| Share holding post issue | 3,160,400 |
| Market Maker portion | 48,000 shares |
Naturewings Holidays IPO Time Table(Tentative Schedule)
Naturewings Holidays IPO opens on September 3, 2024, and closes on September 5, 2024.
| IPO Open Date | Tuesday, September 3, 2024 |
| IPO Close Date | Thursday, September 5, 2024 |
| Basis of Allotment | Friday, September 6, 2024 |
| Initiation of Refunds | Monday, September 9, 2024 |
| The credit of Shares to Demat | Monday, September 9, 2024 |
| Listing Date | Tuesday, September 10, 2024 |
| Cut-off time for UPI mandate confirmation | 5 PM on September 5, 2024 |
Naturewings Holidays IPO Lot Size
Investors can bid for a minimum of 1600 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1600 | ₹118,400 |
| Retail (Max) | 1 | 1600 | ₹118,400 |
| HNI (Min) | 2 | 3,200 | ₹236,800 |
Naturewings Holidays IPO Reservation
Naturewings Holidays IPO offers 9,50,400 shares. 4,51,200 (47.47%) to NII, 4,51,200 (47.47%) to RII.
| Investor Category | Shares Offered |
|---|---|
| Anchor Investor Shares Offered | – |
| Market Maker Shares Offered | 48,000 (5.05%) |
| Other Shares Offered | 4,51,200 (47.47%) |
| Retail Shares Offered | 4,51,200 (47.47%) |
| Total Shares Offered | 9,50,400 (100%) |
Naturewings Holidays IPO Promoter Holding
Here is the promoter’s list:
- Sandip Raha
- Mousumi Raha
| Share Holding Pre Issue | 95.8% |
| Share Holding Post Issue | 67.53% |
About Naturewings Holidays Limited
Naturewings Holidays Limited was started in December 2018. It is a tour company. It offers holiday packages for interested tourists visiting the Himalayan range. The company mainly focuses on India, Nepal, and Bhutan holiday packages.
The company provides panoramic travel solutions, including land and air bookings, hotel reservations, in-transit arrangements, local sightseeing, and destination management services. It pampers to individuals and groups visiting Himalayan destinations and has recently launched an international division to extend its services to global destinations.
On March 31, 2024, Naturewings Holidays has access to over 750 hotels in the Himalayan Ranges and various international destinations.
On March 31, 2024, the company served approximately 7,163 packages to over 33,065 travelers on a cumulative basis.
Naturewings Holidays Limited Financial Information (Restated)
Naturewings Holidays Limited’s revenue increased by 86% and profit after tax (PAT) rose by 72% between the financial year ending with March 31, 2024 and March 31, 2023.
| Period Ended | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 | |||||||||||||||||||||||||||
| Assets | 571.61 | 514.16 | 309.57 | |||||||||||||||||||||||||||
| Revenue | 2,189.97 | 1,176.25 | 418.32 | |||||||||||||||||||||||||||
| Profit After Tax | 111.92 | 65.08 | 19.89 | |||||||||||||||||||||||||||
| Net Worth | 265.63 | 153.71 | 88.63 | |||||||||||||||||||||||||||
| Reserves and Surplus | 44.63 | 68.71 | 83.63 | |||||||||||||||||||||||||||
| Total Borrowing | 5.12 | 6.99 | 8.73 | |||||||||||||||||||||||||||
| Amount in ₹ Lakhs | ||||||||||||||||||||||||||||||
Key Performance Indicator
The market capitalization of Naturewings Holidays IPO is Rs 23.39 Cr.
KPI as of March 31, 2024.
| KPI | Values |
|---|---|
| ROE | 4.10% |
| ROCE | 5.76% |
| Debt/Equity | 0.03 |
| RoNW | 42.13% |
| P/BV | 6.16 |
| PAT Margin (%) | 5.13 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (Rs) | 5.06 | 3.54 |
| P/E (x) | 14.61 | 20.9 |
Objects of the Issue (Naturewings Holidays IPO Objectives)
The company proposes to utilize the Net Proceeds from the Issue towards the following objects:
- Meeting working capital requirements
- Marketing and Business Promotions
- General corporate purposes
Naturewings Holidays IPO Subscription Status (Bidding Detail)
| Category | Subscription (times) | Shares Offered | Shares bid for |
|---|---|---|---|
| NII* | 9.71 | 4,51,200 | 43,79,200 |
| Retail | 65.80 | 4,51,200 | 2,96,91,200 |
| Total | 37.76 | 9,02,400 | 3,40,70,400 |
Total Application: 20,126
Naturewings Holidays IPO Prospectus
- › Naturewings Holidays IPO DRHP
- › Naturewings Holidays IPO addendum to DRHP
- › Naturewings Holidays IPO RHP
Naturewings Holidays Limited Contact Details
DGK -417, 4th Floor,
DLF Galleria Building, Newtown
Kolkata North 24 Parganas New Town -700156
Phone: +91 9831317505
Email: cs@naturewings.com
Website: https://www.naturewings.com/
Naturewings Holidays IPO Registrar
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/ipo_status.html
Naturewings Holidays IPO – Buy or Not
Naturewings Holidays IPO Recommendation Summary
| Review By | Subscribe | Neutral | Avoid |
|---|---|---|---|
| Brokers | 1 | 0 | 0 |
| Members | 0 | 0 | 0 |
Naturewings Holidays Day-wise IPO GMP Trend
| GMP Date | IPO Price | GMP | Sub2 Sauda Rate | Estimated Listing Price | Last Updated |
|---|---|---|---|---|---|
| 03-09-2024 Open | 74.00 | ₹30  |
36500 | ₹104 (40.54%) | 3-Sep-2024 21:01 |
| 02-09-2024 | 74.00 | ₹45  |
54700 | ₹119 (60.81%) | 2-Sep-2024 23:31 |
| 01-09-2024 | 74.00 | ₹0  |
— | ₹ (0%) | 1-Sep-2024 11:32 |
