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Naturewings Holidays Limited

Fixed Price IPO · BSE

Price band
₹74 - ₹74
Lot size
1,600 shares
Issue amount
₹7.03 cr
Total subscription
378.96×
Current price₹68
Listing price ₹95
Watch live price ↗
Opens
3 Sept 2024
Closes
5 Sept 2024
Allotment
6 Sept 2024
Listing
10 Sept 2024

Offer at a glance

Issue overview

Issue size
9,50,400 shares
Face value
₹10 per share
Minimum investment
₹1,18,400
Fresh issue
₹7.03 cr
Offer for sale
₹0 cr
Registrar
Bigshare Services Private Limited
Listing exchange
BSE
Maximum investment
₹1,18,400
Issue type
Fixed Price IPO
Shares before issue
22,10,000
Shares after issue
31,60,400

Lot sizes

CategoryLotsSharesAmount
RETAIL11,600₹1,18,400
HNI23,200₹2,36,800

Share reservation

RETAIL47.5%
Other47.5%
Market Maker5.05%

Subscription & GMP

Subscription by category

Total subscribed378.96×

Missing multiples are calculated from bids and offered shares when available.

NIB279.9×
RETAIL487.17×

GMP history

0153028 Feb: ₹3020 Nov: ₹30
28 Feb₹3020 Nov

Subscription demand

Amounts in ₹ crore. HNI subcategories are included in the NII total.

CategoryOfferedDemand
RETAIL3.341,626.6
NIB3.34934.54

Financial performance

Company financials

In Lakhs · Reported periods may include interim results.

Revenue & profitIn Lakhs
01,0002,0003,000Mar-22 · Revenue: 418.32Mar-22 · Profit after tax: 19.89Mar-22Mar-23 · Revenue: 1,176.25Mar-23 · Profit after tax: 65.08Mar-23Mar-24 · Revenue: 2,189.97Mar-24 · Profit after tax: 111.92Mar-24
RevenueProfit after tax

Key performance indicators

MetricMar-24Mar-23Mar-22
EPS5.062.940.9
ROE42.1342.3422.44
ROCE57.3753.0530.07
RONW42.1342.3422.44
PRE IPO(PE)14.6100
POST IPO(PE)20.0900

Values and labels as reported in the issue data.

Company information

Company profile

Naturewings Holidays Limited, established in December 2018, is a popular travel company specializing in holiday packages across the Himalayan regions of India, Nepal, and Bhutan. They offer complete travel solutions, including flight and hotel bookings, local sightseeing, and destination management for both solo travelers and groups. As of March 31, 2024, the company has tie-ups with over 750 hotels in the Himalayan region and various international destinations. Naturewings has served around 33,065 travelers with 7,163 packages so far. With a network of 100+ travel agents in major Indian cities and a team of 51 employees, the company has expanded its services globally. Since launching its international division in 2022, Naturewings has organized 54 holiday packages to destinations like Indonesia, Thailand, Egypt, Kenya, Sri Lanka, Vietnam, Singapore, and the Maldives.

Strengths

  • Multi-Channel Approach: Naturewings Holidays uses a smart mix of different platforms to connect with both business and leisure travelers, making travel bookings easier and more accessible.
  • Outstanding Customer Experience: The company focuses on delivering personalized travel solutions, ensuring every customer enjoys a smooth, satisfying, and memorable journey.
  • Experienced Leadership Team: Led by an experienced management team with a successful track record, Naturewings benefits from expert guidance and strong strategic direction in the travel industry.

Risk factors

  • Tough Competition: The travel industry is highly competitive, making it challenging for the company to maintain or grow its market share against rivals.
  • COVID-19 Impact: The ongoing effects of the COVID-19 pandemic have severely impacted the company's business, affecting its finances, operations, and cash flow.
  • Regional & Supplier Risks: The company faces risks in certain regions like Bhutan, including supplier bankruptcies, business changes, and payment issues from travel service partners.

Promoters

Sandip Raha

Mousumi Raha

Registrar & documents

Lead manager

Fedex Securities Private Limited

Registered office

DGK -417, 4th Floor, DLF Galleria Building, Newtown, Kolkata North 24 Parganas New Town -700156

+91 9831317505

[email protected]Company website ↗

Understanding NHL IPO data

Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.