Naturewings Holidays Limited (BSE SME)

Sep 3, 2024 - Sep 5, 2024

Price ₹74 - ₹74
Premium ₹30
Lot size 1600
Allotment Sep 6, 2024
Listing Sep 10, 2024

Category Lot(s) Qty Amount Reserved
Retail 1 1600 118400 282
HNI 2 3200 236800 282

Last updated on 05-Sep-2024 17:16:02

CategoryOfferedAppliedTimes
HNIs451200126289600279.9
Retail451200219811200487.17
Total902400341974400378.96
Total Applications: 214529
HNI Interest Cost Per Share (7 Days)
@7%
₹27.81
@8%
₹31.78
@9%
₹35.75
@10%
₹39.72
@11%
₹43.7
@12%
₹47.67
About

IPO Reservation

Investor CategoryShares OfferedNo. of Shares
Retail47.5%451200
Other47.5%451200
Market Maker5.05%48000
Total No. of Shares100.0%950400

Naturewings Holidays IPO Details

Issue Size950,400 shares
(aggregating up to ₹7.03 Cr)
Fresh Issue950,400 shares
(aggregating up to ₹7.03 Cr)
Issue TypeFixed Price Issue IPO
Listing AtBSE SME
Share holding pre issue2,210,000
Share holding post issue3,160,400
Market Maker portion48,000 shares
Pure Broking

Key Performance Indicator

KPIMar-24Mar-23Mar-22
ROE42.13%42.34%22.44%
ROCE57.37%53.05%30.07%
RONW42.13%42.34%22.44%
D/E0.030.08
EPS
(basic)
5.062.940.9
P/E
Pre IPO
14.61
P/E
Post IPO
20.09

Company Financials

Naturewings Holidays Limited Financial Information (Restated)

Naturewings Holidays Limited's revenue increased by 86% and profit after tax (PAT) rose by 72% between the financial year ending with March 31, 2024 and March 31, 2023.

PeriodMar 2024Mar 2023Mar 2022
Assets571.61514.16309.57
Revenue2,189.971,176.25418.32
Profit111.9265.0819.89
Net Worth265.63153.7188.63
Reserves44.6368.7183.63
Borrowing5.126.998.73
Amount in ₹ Lakhs

About Company

Naturewings Holidays Limited, incorporated in December 2018, is a prominent tour company specializing in holiday packages for leisure travelers exploring the Himalayan ranges in India, Nepal, and Bhutan. The company offers a comprehensive suite of travel solutions, including land and air bookings, hotel reservations, in-transit arrangements, local sightseeing, and destination management services for both individuals and groups. As of March 31, 2024, Naturewings Holidays boasts access to over 750 hotels in the Himalayan region and various international destinations. The company has successfully served approximately 7,163 packages to over 33,065 travelers to date. With a network of more than 100 travel agents across major Indian cities, Naturewings has expanded its reach significantly. Additionally, since launching its international division in March 2022, the company has provided 54 holiday packages to destinations such as Indonesia, Thailand, Egypt, Kenya, Sri Lanka, Vietnam, Singapore, and the Maldives. The company is supported by a dedicated team of 51 department employees.

Lead Manager(s)

Fedex Securities Pvt Ltd

Strength

Multi-Channel Approach: Naturewings Holidays leverages a synergistic multi-channel strategy, effectively reaching both business and leisure travelers through diverse distribution channels.

Exceptional Customer Experience: The Company prioritizes customer experience, ensuring comprehensive and personalized travel solutions that enhance satisfaction and loyalty.

Experienced Management Team: With a seasoned management team boasting a proven track record, Naturewings benefits from expert leadership and strategic direction in the travel industry.

Weakness

Intense Industry Competition: The highly competitive travel industry poses a risk, as the company may struggle to maintain or grow its market share amidst rival offerings.

Impact of COVID-19: The ongoing effects of COVID-19 pandemic have significantly disrupted the travel sector, affecting the company's financial health, operations, and cash flows.

Geographic and Supplier Risks: The Company faces risks related to its operations in specific regions, particularly Bhutan, including potential disruptions from supplier bankruptcies, restructurings, or consolidations, and issues with the creditworthiness of travel service partners.

Registrar
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/ipo_status.html