21 Feb 2024
The Initial Public Offering (IPO) of Juniper Hotels Ltd, a leading luxury hotel developer and owner, has witnessed a marginal decline in its Grey Market Premium (GMP) from ₹10 to ₹8 per share today
However, the GMP still indicates a strong investor interest and demand for the IPO, which is set to open for subscription on February 21, 2024.
20 Feb 2024
The Grey Market Premium for Juniper Hotels IPO stands at ₹10 per share today.
The Juniper Hotels IPO is scheduled to open on February 21. It’s a Mainline IPO aiming to raise ₹1800 crores.The price band for the Juniper Hotels IPO is set at ₹342 to ₹360 per share, with a market lot comprising 40 shares.
The corporation specializes in developing and owning luxury hotels and holds the distinction of being the largest owner of “Hyatt” affiliated hotels in India as of September 30, 2023, as per the Horwath Report.Their current portfolio consists of seven hotels and serviced apartments, as outlined in this Red Herring Prospectus. As of September 30, 2023, they managed a total of 1,836 keys across luxury, upper upscale, and upscale hotel categories situated in various Indian locations, including Mumbai, Delhi, Ahmedabad, Lucknow, Raipur, and Hampi. The company enjoys a unique partnership between Saraf Hotels (and its affiliates) and affiliates of Hyatt Hotels Corporation.
The Juniper Hotels IPO Grey Market Premium (GMP) is currently reflected in the below table. Stay updated on the latest GMP rates for the Juniper Hotels IPO.
Juniper Hotels IPO GMP (Grey Market Premium) Live Rates day by day Updated Here.
| Date | IPO GMP |
| Today | ₹8 |
| 20 February 2024 | ₹10 |
| 19 February 2024 | ₹10 |
| 18 February 2024 | ₹- |
