Naturewings Holidays Limited IPO Overview

Naturewings Holidays is launching its IPO as a fixed-price issue, raising a total of ₹7.03 crores through a fresh issue of 9.5 lakh shares. This offering is an opportunity for investors to participate in the growth journey of the company.

Subscription Dates and Allotment Timeline

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

IPO Price and Investment Requirements

The IPO is priced at ₹74 per share, making it accessible to a wide range of investors. For retail investors, the minimum lot size is set at 1,600 shares, requiring an investment of ₹118,400. High Net-Worth Individuals (HNIs) looking to invest in multiple lots can start with a minimum of 2 lots, which equates to 3,200 shares and an investment of ₹236,800.

Lead Manager and Registrar Details

Fedex Securities Pvt Ltd is serving as the book-running lead manager for the Naturewings Holidays IPO, ensuring the smooth execution of the offering. The registrar for this issue is Bigshare Services Pvt Ltd, responsible for managing the allotment and refund processes. Additionally, Pure Broking has been appointed as the market maker, facilitating liquidity in the secondary market post-listing.

Naturewings Holidays IPO Important dates

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 Limited IPO Financial Performance

Financial Summary
Period Ended 31 Mar 2024 31 Mar 2023 31 Mar 2022
Assets 5,71.61 Crores 5,14.16 Crores 3,09.57 Crores
Revenue 21,89.97 Crores 11,76.25 Crores 4,18.32 Crores
Profit After Tax 11,11.92 Crores 6,5.08 Crores 1,9.89 Crores
Net Worth 26,5.63 Crores 15,3.71 Crores 8,8.63 Crores
Reserves and Surplus 4,4.63 Crores 6,8.71 Crores 8,3.63 Crores
Total Borrowing 5.12 Crores 6.99 Crores 8.73 Crores

Naturewings Holidays IPO 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

Naturewings Holidays Limited IPO Objectives

The company proposes to utilize the Net Proceeds from the Issue towards the following objects:

  1. Meeting working capital requirements;
  2. Marketing and Business Promotions; and
  3. General corporate purposes

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 Limited 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
Shareholding pre-issue 2,210,000
Shareholding post-issue 3,160,400
Market Maker portion 48,000 shares

Naturewings Holidays Limited Company: Overview and Services

Company Overview
Established in December 2018, Naturewings Holidays Limited is a premier tour company specializing in leisure travel to the breathtaking Himalayan ranges. With a focus on destinations in India, Nepal, and Bhutan, Naturewings Holidays provides a diverse range of travel solutions to ensure an unforgettable experience.

Comprehensive Travel Solutions
Naturewings Holidays offers an all-inclusive service package that covers land and air bookings, hotel reservations, in-transit arrangements, local sightseeing, and destination management. Whether you’re planning a solo journey or a group tour, the company ensures seamless travel arrangements tailored to your needs.

Expanding Horizons
As of March 31, 2024, Naturewings Holidays boasts access to over 750 hotels across the Himalayan ranges and various international destinations. Since launching its international division in March 2022, the company has successfully delivered 54 holiday packages to popular global destinations, including Indonesia, Thailand, Egypt, Kenya, Sri Lanka, Vietnam, Singapore, and the Maldives.

Travel Packages and Reach
To date, Naturewings Holidays has facilitated approximately 7,163 packages for over 33,065 travellers. The company’s extensive network includes more than 100 registered travel agents across major cities in India, enhancing its reach and service efficiency.

Dedicated Team
With a dedicated team of 51 department employees, Naturewings Holidays is committed to delivering exceptional travel experiences. Their expertise and dedication drive the company’s growth and customer satisfaction, making it a leading choice for Himalayan and international travel.

Naturewings Holidays Limited IPO SWOT Analysis

Strengths

  • Established Brand: Founded in 2018, Naturewings Holidays Limited has rapidly built a reputation in the travel industry, particularly in Himalayan destinations.
  • Comprehensive Services: The company offers a complete range of travel solutions including bookings, reservations, and destination management, which enhances customer satisfaction and loyalty.
  • Growing International Presence: Since launching international packages in March 2022, Naturewings has expanded its service portfolio to include popular global destinations, demonstrating its ability to adapt and grow.
  • Extensive Network: With over 750 hotels and more than 100 travel agents in major Indian cities, the company has a solid infrastructure to support its operations and growth.

Weaknesses

  • Recent Market Entry: The company’s international division is relatively new, which may pose challenges in establishing a strong foothold and brand recognition in global markets.
  • Dependence on the Travel Industry: The company’s revenue is highly dependent on the travel and tourism sector, which can be volatile and sensitive to economic downturns or global disruptions.

Opportunities

  • Expanding Market: The growing interest in Himalayan travel and international destinations offers opportunities for further market penetration and diversification.
  • Digital Growth: Leveraging digital marketing and technology can enhance customer engagement and streamline operations, potentially increasing market share and profitability.
  • Post-Pandemic Recovery: As global travel restrictions ease, there is a significant opportunity for growth in travel demand, which could benefit Naturewings Holidays.

Threats

  • Market Competition: The travel industry is highly competitive, with numerous players offering similar services, which could impact market share and profitability.
  • Economic Uncertainty: Economic fluctuations, such as recessions or inflation, can negatively affect consumer spending on travel and leisure activities.
  • Global Disruptions: Events such as pandemics, natural disasters, or geopolitical tensions can disrupt travel plans and impact the company’s operations and revenue.

Naturewings Holidays Limited IPO GMP Details

Naturewings Holidays SME IPO last GMP is ₹30, last updated Sep 5th 2024. With the price band of 74.00, Naturewings Holidays SME IPO’s estimated listing price is ₹104 (cap price + today’s GMP). The expected percentage gain/loss per share is 40.54%.

The lowest GMP is ₹0, while the highest GMP is ₹45. Stay with us to know the daily price trend of Naturewings Holidays SME IPO GMP with expected listing price.

GMP Date IPO Price GMP Sub2 Sauda Rate Estimated Listing Price Last Updated
05-09-2024 Close 74.00 ₹30  36500 ₹104 (40.54%) 5-Sep-2024
04-09-2024 74.00 ₹30  36500 ₹104 (40.54%) 4-Sep-2024
03-09-2024 Open 74.00 ₹30  36500 ₹104 (40.54%) 3-Sep-2024
02-09-2024 74.00 ₹45   54700 ₹119 (60.81%) 2-Sep-2024
01-09-2024 74.00 ₹0  ₹ (0%) 1-Sep-2024

Naturewings Holidays IPO Subscription status

Naturewings Holidays IPO subscribed 121.92 times. The public issue subscribed 201.26 times in the retail category, [.] times in QIB, and 42.58 times in the NII category by September 5, 2024.

Investor Category Subscription (times) Shares Offered* Shares bid for Total Amount (Rs Cr.)*
Market Maker 1 48,000 48,000 0.36
Non-Institutional Buyers*** 42.58 4,51,200 1,92,11,200 142.16
Retail Investors 201.26 4,51,200 9,08,06,400 671.97
Total ** 121.92 9,02,400 11,00,17,600 814.13

Total Application: 81,674

Note:

  • *: “Shares Offered” and “Total Amount” are calculated based on the upper price of the issue price range.

  • **: The portion of anchor investors (or market makers) is not included in the total number of shares offered.

  • ***: Market Maker portion is not included in NII/HNI.
Date NII* Retail Total
Day 1
Sep 3, 2024
9.71 65.80 37.76
Day 2
Sep 4, 2024
30.33 162.30 96.32
Day 3
Sep 5, 2024
42.58 201.26 121.92

Naturewings Holidays Limited Allotment status

The allotment status of Naturewings Holidays IPO is expected to be available on September 6, 2024.

Naturewings Holidays IPO allotment status is not available at this time. Naturewings Holidays IPO – The allotment status will be available once the basis of the allotment is finalized. Please revisit us to check the latest updates on Naturewings Holidays Limited’s IPO allotment status.

To check Naturewings Holidays IPO allotment status, follow the steps below:

  1. Click on the allotment status check button below.
  2. Select Company Name.
  3. Enter your PAN Number, Application Number or DP Client ID (Anyone).
  4. Click on Search.

When you secure the allotment, you will receive the credit for equivalent shares in your Demat account.

If you have any concerns or queries about the allotment status, contact Bigshare Services Pvt Ltd either by phone or email. Investors can call on +91-22-6263 8200 or send an email with all relevant details to ipo@bigshareonline.com.

Naturewings Holidays Limited Contact Details

Naturewings Holidays Limited
DGK -417, 4th Floor,
DLF Galleria Building, Newtown
Kolkata North 24 Parganas New Town -700156
Phone: +91 9831317505
Email: cs@naturewings.com
Websitehttps://www.naturewings.com/

Read this also: Best SME IPO Consultants | SME IPO Advisory

Disclaimer: Investing in Initial Public Offerings (IPOs) involves substantial risk, and financial returns are not guaranteed. The information provided should not be construed as financial or investment advice. Prospective investors are advised to consider their financial situation, investment objectives, and risk tolerance before participating in an IPO. It is recommended to consult with a qualified financial advisor or professional before making any investment decisions. Past performance is not indicative of future results. Investments in IPOs may be subject to market risk, including the potential loss of principal.