• Initial Public Offering (IPO)

  naturewings holidays limited ipo

  Posted by madhav on September 3, 2024 at 5:15 am

  Founded in December 2018, Naturewings Holidays Limited is a tour company specializing in holiday packages for leisure travelers exploring the Himalayan regions. The company primarily focuses on destinations in India, Nepal, and Bhutan.

  Naturewings Holidays provides a range of travel services, including land and air bookings, hotel reservations, in-transit arrangements, local sightseeing, and destination management. It caters to both individual travelers and groups visiting Himalayan locations and has recently expanded its offerings with an international division to cover global destinations.

  As of March 31, 2024, Naturewings Holidays had access to over 750 hotels across the Himalayan region and various international destinations.

  By March 31, 2024, the company had served approximately 7,163 packages, catering to over 33,065 travelers in total.

  Naturewings Holidays has more than 100 registered travel agents across major cities in India, which has significantly expanded its presence and distribution network within the country.

  The company launched its international travel packages in March 2022 and has since provided 54 holiday packages to destinations such as Indonesia, Thailand, Egypt, Kenya, Sri Lanka, Vietnam, Singapore, and the Maldives.

  As of March 31, 2024, Naturewings Holidays employed 51 staff members across various departments.

  The Naturewings Holidays IPO is a fixed price issue, amounting to ₹7.03 crores, consisting entirely of a fresh issue of 9.5 lakh shares.

  The IPO opens for subscription on September 3, 2024, and closes on September 5, 2024. The share allotment is expected to be finalized on Friday, September 6, 2024. Naturewings Holidays is set to list on the BSE SME, with a tentative listing date of Tuesday, September 10, 2024.

  The IPO is priced at ₹74 per share, with a minimum application lot size of 1,600 shares. Retail investors must invest a minimum of ₹118,400, while high net-worth individuals (HNIs) have a minimum investment requirement of 2 lots (3,200 shares), amounting to ₹236,800.

  Fedex Securities Pvt Ltd is acting as the book running lead manager for the Naturewings Holidays IPO, with Bigshare Services Pvt Ltd serving as the registrar. Pure Broking is the market maker for this IPO.

  For more detailed information, please refer to the Naturewings Holidays IPO RHP (Red Herring Prospectus).

  madhav replied 2 weeks, 2 days ago 1 Member · 0 Replies
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