Juniper Hotels Limited IPO Message Board (Page 5)

promoter ko pata ki bull run hai market me to kachara bi sell ho jaye ga. hehehehe

Off Topic: @PKRAJ @Crow @B.M.SURANA @Smile✍️ @HappyToHelp & all other forum members.

A few questions please about rights issue....

1. I have a stock of a company ABC & they will come up with rights issue shortly so say maybe 1.1 so i get 100 stocks if i have 100 stocks in my portfolio correct but while applying for the rights issue can i apply for 200 stocks? will the application get accepted or rejected?

2. If i don't have a stock but want to apply for rights issue so what's the process.
What i know i need to buy the rights issue from the secondary market but then how to apply or where do i get the application form & who to send or so?

Thank you for your replies & comments.... : )

1. Apply for 100 as 1:1 and you have 100 shares
2. You can purchase rights, simply search stock name followed by RE then add it in ur portfolio as normal

1- You Can Apply 200 or More
2- You have to buy Right Entitlement From Market & Apply.

Those who not get any allotment for long time, Minor AC, 3rd party, etc. they can bid with lower price band. to check their DMAT are working fine or not. Not a recommendation, just a personal view.

In the history, extremely few IPO's determined price was not at higher band(even for the ubserscribed ipos).
99.999999% chances that it will be again at the higher price.
Also note, even if particular category is undersubacribed, there is always a spill over from other categories (esp QIBs), so if you apply below higher price or cut off, chances are your application won't be considered in the lottery.

Sorry for the typos. Typing the comment while in a meeting. :-)

How to cancel application or convert it into cut off price?

​@Sanchit mahajan Only retail application can be cancelled/withdrawn/modified during issue open hours. Go to portal from where you applied. Against your application you will find the options. If having doubt, just withdraw the one applied earlier and put a new application selecting cut-off price. Try it and confirm the result.
Good Luck 👍

Any senior member pl guide what the difference between samhi and juniper why so much negativity according to financial looking compare to samhi good pl reply

hotel like lemon tree trading on 90 PE, koi sense hai is bat ka

QIB woke up and galloping.
Going by Hyatt brand. Applied under retail.

I think It’s good to buy post listing at around 300 with the target of 360 its issue price 😀

Agreed 👍

I think these would cancelled if it's not fully subscribed....as retail is already fully subscribed

IPO कैसा भी हो, Retail तो अपना portion भर ही देंगे।

Some retail applications might be for canceling the HNI application.

Fully skipped

No love for HYATTi( beloved)
Avoid

As expected, this ipo will be avoided by retail and hni but lapped up only by institutions

This issue may be subscribed fully due to current boom in the market but looking at its issue price compared to its fundamentals, I will skip this.

Juniper Hotels IPO
Final Verdict

AVOID

Very High Risk Takers Can Apply For Long-term

Highlights of the Issue :
Date : 21-23 Feb
Price Band : 340-360
M.cap : 8010 cr
Size : 1800 cr
(Full Fresh)

Objects of The Issue :
1.Repayment Of Debt - 1500 cr
2.GCP - 300 cr

Analysis :
Total Net Debt On The Books - 2210 cr
Note :
–300 cr Debt is Been Given By Foreign Domicile Promoter Entities
–Debt Taken From Financial Institutions - 1910 cr

Debt On The Books Post-issue - 710 cr

Saving Of Around 170-180 cr Interest Cost Annually

This amount will directly get Added in Its Bottomline And Generate As Strong Cash Flows To Fund Further Organic And Inorganic Expansion

Generating more Operational Efficiency And Better Cash Flows

Portfolio Of The Company :

Cities - 6
Hotels - 7
Keys - 1591
Serviced Apartments - 245

Expansion Plans :
1.Intend To Aquire One If The Two Listed Companies i.e Asian Hotels East And Robust Hotels (Hyatt Kolkata - 250 Keys,Chennai-330 Keys Resp.) Through
Non Cash Merger By Additional Equity Issuance

2.To Add 300 More Keys in Hyatt Mumbai At Approx 250 cr which is already ongoing

3.To Further Aquire Hyatt Properties Outside Juniper

Forward Earnings Projections :
FY 23
Revenue - 717 cr
Net Loss - 1.5 cr

FY 24 :
H1 - 337.4 cr
Loss - 26.5 cr
H2 - 583 cr*
PAT - 52 cr
[ EBITDA - 260 cr (44.5% Margin) – Finance Cost - 135 cr – Dep+Amm - 45 cr = 80 cr – 35% Tax
= 52 cr ]

Total FY24 :
Rev - 910 cr
PAT - 25.5 cr

FY 25 :
Rev - 1120 cr
(Based on New Aquisition And 12% Organic Growth)
PAT - 150 cr
[46% Margin So
EBITDA At 515 cr –
135 cr Interest Cost ( Repayment in Q1 so Q1 will suffer same 55 cr Cost ) – 155 cr (Dep+Ammor) = 225 cr –
34% Tax = 150 cr

PE FY24 : 310×
PE FY25 : 53.4

So Fair Price Comes At 42× FY25 - 265

And If Even Valuations Are Streched Due to Hyatt Affiliation And Asset Value At 46× FY25
Still Fair Value Comes At
310

Indicating A Downside Of 14% Atleast

Negatives :
1.Bad Track Record of The Promoters , It's Already Listed Firms Have Not Made Any Wealth

2.Corporate Governance Issues , Recent Bankruptcy Of one of the property

3.Rich Valuations With Lower Transparency And Clarity

I would like to see the Valuations on EV/EBITDA knowing that Its Asset Heavy Business. I don't mind the high Depreciation amount as Its a Non-Cash Expense. I will really look at the FREE CASH that the business can throw up in the coming Years. P/E may not be the Right metrics to evaluate the Hotels Business. Regarding the Valuation Its better to Compare on EV/EBITDA basis with Peers. Nothing like if we can get it Cheaper..

Just thinking about the brave souls applying in BHNI. 10 lakh ke share par 10% listing loss bhi acha hi hoga.,🤔

This IPO may be rolled back fur to lackluster demand

#BOB ASBA
Hi,
Can anyone using Bank of Baroda (BoB) ASBA confirm -
1. Cut-off timing on the last day (HNI)? - 3 PM (read it on this forum)
2. What time unblocking of the funds is done mostly? Kotak releases between 10-11 AM, ICICI releases by 12:00, and SBI releases as per their mood 🤨
3. Can you apply for IPO via sweep-in or Flexi FD funds?
Apologies for the many questions and thanks in advance for the anticipated help!

5.75% for 6 mnt is good rate. for icici flexi fd i get 7.2% for 15 months.
if we calculate
icici 60 months 320rs int for 1000rs fd
bob 30 months 320rs int for 1000rs fd

​@CL BASSI Sir Ji, I sweep out) has not been created yet. I read on the website that sweep out happens every Monday end of the day. How does it works? Does Sweepout happens only on Mondays? Hope we can apply ASBA from the flexible FD without break till allotment? Can you pls guide..

Also, for HNI ASBA do we need to select "others(entities other than qib,boadies,corp,ind.)" option?

Thanks in advance.

Before Posting Final Verdict on Juniper Hotels IPO

Let's Understand More About Portfolio Of The Juniper Hotels And Saraf's Portfolio Outside The Juniper Network

1]Juniper Hotels :
6 Cities , 7 Hotels
Total Keys : 1836
(It includes 245 Serviced Apartments)

Portfolio –

1.Grand Hyatt Mumbai
549 Rooms ,
116 Serviced Apartments

2.Andaz Delhi &
3. Hyatt Delhi Residency
(Combined)
401 Rooms ,
129 Serviced Apartments

4. Hyatt Ahmedabad
272 Rooms

5. Hyatt Lucknow
206 Rooms

6. Hyatt Raipur
105 Rooms

7. Hyatt Hampi
119 Rooms

Portfolio Outside Juniper Network :

1.Asian Hotel (East) Limited :

Hyatt Regency Kolkata
Keys - 250

2.Robust Hotels Limited :

Hyatt Regency Chennai
Keys - 330

It Also Has 2 Landbanks

1.Guwahati - 2.5 Acre
Company has No Current Plans But May Consider In Future

Trivandrum - 0.5 Acre
No Chances Of Construction

3.Footsteps Of Buddha Pvt. Ltd.

Hyatt Place Bodh Gaya

69-74 Keys

(This Entity Is Been Kept Hidden From Investors)

4.A Hotel Owned By Asian Hotels' West Original Promoters Gupta Family And Jointly With The Sarafs

Hyatt Regency Mumbai

Which has 401 Rooms

Has Been Declared Backrupt

And According to a Binding Agreement Between Guptas And Sarafs ,
Sarafs can exercise A Takeover Plan Against This Hotel From Their Personal Funds
Bankruptcy Of Around 330-350cr

This Hotel Has Been Discussed By The Management In An Interview Expressing Interest To Takeover in Juniper Portfolio.

One More Fact Rather History Associated With The Sarafs Which should Be Known By Everyone

The original private partners,the Saraf and Shrestha families,with the collusion of government officials,showed losses for the hotel for years,decreasing the price of the shares and buying them back to increase their ownership, while officials said governments to not invest in it
✍️ X - @Tanmay_31_

Hyatt Regency Kathmandu Scandal

According to a 2017 report by Nagarik Daily, the original private partners, the Sharaf and Shrestha families, with the collusion of government officials, showed losses for the hotel for years, decreasing the price of the shares and buying them back to increase their ownership, while officials persuaded governments to not invest in it.

It also directed the government and the CIAA to launch investigation into possible illegal conduct by Taragaon Regency in recording losses for the hotel for 22 years

Radhe Shyam Saraf, who owns a group of companies running a chain of Hyatt hotels in the country, has settled his properties in tax haven Belize through two trusts, according to the Pandora Papers. These also show his links and transactions in offshore
destinations such as the British Virgin Islands and Liechtenstein.

According to documents of Panamanian law firm Alcogal, Saraf and his wife Ratna are settlors of The Devita Trust, Belize, which was created on April 4, 2006. The beneficiary of the trust is their son Umesh Saraf

good info

Great information @newgen consultancy . I m avoiding it

Anybody planning to apply considering this as next ‘khela-hobe’ candidate? 😂

डर इस बात का है की "खेला होबे" की जगह पे लूट कूट न हो जाये.

पर आपकी बात भी सही है, ऐसी घनघोर घाटा खाऊ कंपनी में कौन निवेशक पैसा लगाइयेगा, सारा पैसा प्रमोटर गैंग खुद ही लगवा रहा होगा, तो हो सकता है की जानबूझ कर एक बार ऊपर खोल दे, या कुछ दिन ऊपर ले जा के बाद में म्यूच्यूअल फंड्स या आम निवेशकों को चिपका दे

लालच कहता है की - खेला होबे
डर कहता है की - लूट कूट

Missed this because of busy-ness. 😂😂
Jaisi Prabhu ki iccha.. Jisme lagaya usko all the best, jisne nahii lagaya, use bhi all the best because he/she would have got another opportunity…
In short, sabko all the best.. 😂😂

If you want allotment, go for it. If you want returns, avoid

I always read your name as iamsrk

Hi @newgen consultancy I got the following message on x, y, z:
This account does not exist.
What happened?

Nothing such
Maybe some typo
So I would have posted again