Juniper Hotels Limited IPO Message Board (Page 4)

The Only Positive & tempting to apply because of
75% Anchor +Qibs
10% Bhni (who don't sell for small profit/loss)
Shni not fully subscribed so remaining share went to Bhni type investers
In Retail also many people who want 3-4-5 lots will apply

So almost 80-85% will be hold for long term & big profit.
And they will buy remaining 10-15% selling pressure.

latest examples: jyoti, park hotel

Entero not working this way...it gave loss

My logic works...
Low Liquidity + Hotel

Firm Allotment in all categories.

50 % Unsubscribed portion of SHNI shall be spill over to other categories in respective ratios.

Retail Application wise : 97%
Seems firm allotment up to 13 lots in single application.

SHNI 100 % Firm Allotment 2 - 10 Lakh
BHNI 100 % Firm Allotment on pro rata basis Above > 10 Lakh

As I posted earlier , firm allotment in all categories after spill over of SHNI's unsubscribed portion.

Retail application-wise <100% from 1.31X after BoA.
Confirm Pro-rata allotment.

Khela Hobe remember Samhi hotel.

Seems like promoters ne apne dost QIB se bol kar 1x jaldi kara diya take issue sail through ho jaye.

​@MVP  Yes, QIBs will sail it through.

Issue subscribed over 2 times, courtesy QIBs !
Some surprises on listing day, who knows

Skipping this completely. Even QIB numbers are not good.

Applying 4 under retail

High GMP is reliable, but low GMP is not - the best opportunities are in low GMP issues because you can actually get allotment (eg. Atmastco this week)

The valuation is fair on EV / EBITDA & EV / Sales (most relevant for hotels). PE (even forward PE) is not as useful given the huge variation in listed peers, assumptions on timing of debt payout etc. Chalet - it's most like-to-like peer is at 29.2x EV / EBITDA and 12.3x EV / Sales on FY24E as of today. Juniper is coming at 23x and 9.1x. Hyatt co-ownership is a plus, and operationally Juniper numbers are excellent - 44% EBITDA is best in class. Key concern is H1 operating revenue YoY growth from last year is 14%, compared to Chalet at 25%, and that can explain valuation premium for Chalet. Honestly don't see much downside, just lack of clear upside.

Will wait till 3.25 - if QIB >10x, will apply 1x SHNI (for assured allotment). Else will skip.

Group Companies (Old Data)
So many merger, demerger, name change, owner ship change, acquisition, loan payment issue.

promoter jaise nachae ese nacho.

Promoter does not want investor wealth creation. BEWARE.

Some of the ogroup entities.

Saraf Hotel Enterprises is a conglomerate of several companies located around the world.

Yak & Yeti Hotel Ltd.
Hotel Yak & Yeti Kathmandu, Nepal.

Asian Hotels (East) Ltd.
Hyatt Regency Kolkata, India.

Unison Hotels Pvt. Ltd.
The Grand, New Delhi, India. (earlier Grand Hyatt Delhi - Name change)

Triumph Realty Pvt. Ltd.
Hotel and Residences, Goa, India.

Taragaon Regency Hotels Ltd.
Hyatt Regency Kathmandu, Nepal.

Juniper Hotels Pvt. Ltd.
Grand Hyatt Mumbai, India.
Hyatt Andaz New Delhi, India.
Hyatt Regency Ahmedabad, India.

Robust Hotels Pvt. Ltd.
Hyatt Regency Chennai, India.

Loan issue - acquired recently by Juniper)
Hyatt Place Hampi, India.
Hyatt Raipur, India.
Hyatt Regency Guwahati, India.
Hyatt Regency Lucknow, India.
Footsteps of Buddha Hotels Pvt. Ltd.
Bodhgaya Hotel and Convention Centre, India.

​@vvs Thanks yes aware of this and the risks. I don't want to conflate what the Sarafs do separately, with Juniper under Hyatt co-ownership.

Anyway skipping, not happy with QIB subs - I think downside is low, but would rather keep capital for other issues / purchases.

2 in Retail from my side.

Didn't have courage to put SHNI at lower band also.

Better to give a miss in risky environment regardless of any listing gains.

Not taking the call. Skipped, due to three years of loss, even though the group and properties are good. Premium seems to be high. May be operators may jackup price on listing due to low subscription, we cannot guess. But me not interested

MFs have shown some interest by putting in Ap for about 15 lac plus shares so far.

From Local Sources

Completely Avoid

Hence hni's avoiding

​@eVA 

Already Mention

Another PAYTM
Entero Healthcare Solutions Ltd
Sbi Card
LIC type listing.
Beware.

Better to buy post listing at discount

Till Now Only 3 Bids In QIB

From That 1 single Bid of 404 cr

सावधान रहें , सतर्क रहें

sir,where can we check no. of bids for QIB section? on BSE or NSE,it is only mentioned 'no. of shares bided for' for QIB category and not the 'no. of bids'.

@newgen consultancy thanks sir for timely alert. I will completely avoid Juniper now. Thanks again for ur verdict👏🙏

To the people who never get allotment, this is your chance to get 100% allotment in HNI quota

Hahaa. What about listing premium?

Eak baat samj nai aayi retail ko kya chul hai honestly.....?? har baar ki trah pura subscribe kar diya

Issue should be withdrawn.due to very less subscription in all categories..

It has crossed 90% subscription overall, so now no withdrawal. Issue successful as far as promoters are concerned.

Avoiding as of now..Dont want to risk capital for small gains, if any..

LOSS Making Company