Juniper Hotels IPO
Luxury Hotels - Listed on 28 February 2024
Juniper Hotels IPO listing summary
Juniper Hotels (Luxury Hotels) closed its IPO window in 2024 and listed on NSE and BSE on 28 February 2024 at an upper band issue price of Rs 360, opening at Rs 365 for a listing gain of +1.4% and closing day one at Rs 401.5 (+11.5% on closing basis). The IPO was subscribed 2.07x overall - QIB 2.96x, HNI/NII 0.86x, Retail 1.10x. The total issue size was Rs 1,800 Cr (Fresh Issue Rs 1800 Cr, OFS Rs 0 Cr). IPO GMP data, subscription trends across Day 1 - Day 3 and Nifty performance around the listing window are detailed below.
Listing day performance
Subscription breakdown
Final (Day 3) subscription
Number of times each investor category subscribed by close of Day 3.
Day-wise overall subscription
How overall subscription built up across the three-day issue window.
Juniper Hotels IPO GMP history
Grey market premium (GMP) tracked day-by-day across the IPO window. Absolute GMP is the premium in rupees over the upper issue price; GMP % is that premium as a percent of the issue price.
| Day | GMP (Rs) | GMP % |
|---|---|---|
| Day 1 | Rs 15 | +4.17% |
| Day 2 | Rs 15 | +4.17% |
| Day 3 | Rs 15 | +2.78% |
| Day 4 | Rs 15 | +4.17% |
| Day 5 | Rs 10 | +4.17% |
GMP Prediction vs IPOGyani AI Prediction
Comparison between market-based GMP prediction and IPOGyani's AI-powered listing gain prediction.
Issue & financials
Market context at listing
How the broader market moved around the Juniper Hotels IPO window. Helpful for isolating how much of the listing gain came from company fundamentals vs. market tailwind.
Juniper Hotels IPO - FAQs
What was the listing gain of Juniper Hotels IPO?
Juniper Hotels IPO listed at +1.4% versus the upper issue price of Rs 360 on 28 February 2024.
How many times was Juniper Hotels IPO subscribed?
Juniper Hotels IPO was subscribed 2.07x overall. QIB portion was subscribed 2.96x, HNI / NII 0.86x and Retail 1.10x.
What was the IPO GMP for Juniper Hotels?
IPO GMP started at Rs 15 on Day 1 and moved to Rs 10 by the close of the issue window. See the day-by-day GMP table above for the full trajectory.