Juniper Hotels Limited IPO Message Board (Page 6)

agar ye rs.180 pe ayega to buy karne ke bare me sochuga.
gmp nahi hai to listing gain ke liye bhi apply nahi karunga

Juniper Hotels Ipo

Positives:-
(1) Established Track Record
(2) Revenue From Other Segments(Food& Beverages)
(3) Experienced Promoters(40 year Or Above)

Negatives:-
(1) Use Of Ipo Money In Debt Repayment
(2) Weak Financial Track Records(Last 3 Years)

Those who want allotment not returns can apply here.. sure they will get , it's my guess
😂😂😂🤣

It seems many a times jin bhi ipo mai gmp kaam hotaa hai below 10 percent wo maximum time discount pai hi khulte hai.

Good morning to all respected Members and Seniors!

I would personally buy this post listing because there are high chances of this one listing in discount. Happy to listen from other respected members

Bharat Highways Invit IPO will open for subscription on February 28 and close on March 1. The company plans to raise Rs 2,500 crore, the highest so far in 2024. The book-running lead managers to the issue are ICICI Securities, Axis Capital, HDFC Bank and IIFL Securities.

My logic - 45% of total issue is subscribed by anchor investors which comprises of wonderful names. Retail + HNI is 25% of issue and should be more of long term investors than listing gain traders.
My speculation- during listing, I don't see big selling coming as people who subscribe to this would be mentally prepared for listing price and we might see some mega fund entering this company and potential inflows later when it is added to some mutual/ index funds.
I am not too experienced like various members of this forum and my ideas can be wrong. Your views are fully supported and I enjoy good criticism.

Major fund houses (cholamandalam securities, anand rathi, ventura, Mehta securities) giving this ipo as Subscribe rating.

No gmp. What's meaning of these ratings

Sir I personally like the hospitality sector and believe that tourism in India is likely to grow. The company I believe has been making profit from operational activities and was burdened due to heavy debt. I like how management is aiming to improve this by reducing high interest debts first by repaying 1500cr and saving around 150cr in interest payments. I also enjoy how the management said they are aiming to grow. This shows that the management knows which direction to take the company in. I don't like the valuations that it is currently bringing IPO at. But I am positive about long term and aim to invest a tiny portion of my portfolio in this. My caution to everyone reading this is that don't invest for listing gains as there's a high probability you will get disappointed and risk reward doesn't look attractive at all. I am planning to hold it for 3-5 years in small quantity.

Off topic question:
HDFC/Kotak/ICIC Bank Holders,
Can you please confirm if Joint account holders can apply via ASBA and How many joint account holders can be created for one Account?
Thank you so much in advance!!!

There is no explicit restrictions as to the number of persons who can be made joint holders in a saving bank account.But most bank allow 2 or 3 only.
But I think, it will take primary account holder PAN, so only 1st holder can apply for ASBA.
Others can correct, if i am wrong here

​@moneymarket As @Rajiv RR rightly said, one can apply from joint account but the PAN is of the primary account holder. So, in effect that application becomes 3rd party and is officially invalid.

The way Indian leaders including PM Modiji is focussing on ‘tourism’, it’s bound to grow multi-fold. Best way to play this theme is through ‘hotel’ and ‘tour and travel’ stocks. Thats the reason so many good FIIs in Juniper. In longer run, all of these branded hotels will do well for sure. For short/medium term as retail investors need to find good governance companies with good growth potential and valuations. If QIBs cross 25X here then will apply here we well. Let’s see!!

Company in loss.
Avoid.

​@SSingh Looking at ⚓ list, QIB easily cross ur deadline.
Still My suggestion: enter after listing.
Avoiding

Bharat Highways Invit’s Rs 2,500-crore IPO to open on February 28

https://www.moneycontrol.com/news/business/ipo/bharat-highways-invits-rs-2500-crore-ipo-to-open-on-february-28-12324961.htmlSource - moneycontrol

Was confused on valuation (PE is pointless) so looked at EV / EBITDA & EV / Sales across hotels. In the premium segment (IHCL, EIH, Chalet - all with ARR > Rs. 10k), the multiples are as below (based on FY 24E projection)

Metric - IHCL, EIH, Chalet
EV / Sales - 11.7, 9.7, 11.9
EV / EBITDA - 36.7, 28.5, 28.3
Most recent Qtr's YoY growth - 16.5%, 26.4%, 29%

Juniper, after considering CHPL acquisition for full year, will close FY 24 at ~880 Cr with EBITDA of ~350 Cr. At these numbers the EV / Sales is 9.1, and EV / EBITDA is 23, both of which are ~20% discount to the above peers

Waiting for @newgen consultancy verdict, but prima facie the pricing leaves something on table for risk takers.

Great inputs from everyone.

Respectfully, I feel that the Anchor book is not impressive at all and even if it was, I'd have stayed on the sidelines on this one and I will still do so.

Keep minting!

​@MuStrFc So true.
Future looks shady so I'm also thinking to avoid currently , let's see at 2 pm what QIB and GM does.

This honestly feels like a buy post listing, I’ll either apply 1-2 retail or won’t apply.

Another lackluster IPO on cards? The sector is good, as per senior members it is over priced a bit. So there is no gmp. Plus side is, Entire issue is fresh, will reduce debt, turn the company profitable, there will be less float, so can think for long term. Maybe a safe "testing ipo" for people who haven't got any allotment yet, just to make sure everything works (at the cost of marginal loss if any). Will make the decision on the last day.

Not applying , but interested to buy if listed in discounted price.

Too Much Negative Message are being circulated by some Chittorgarh Members and I have seen Such issues never list in Discount and list atleast at good premium, I will Apply and will recommend too
Disc: I m not being sponsored by anyone, it's my personal take after seeing company fundamentals

Very Good Information...definitely buy after Listing....as did not applied @414 IPO
but bought Jana SFB at 366 after listing...

​@Liger This is called ATITUDE OF AN INVESTOR, FULL OF CONFIDENCE....U R HERO OF THE PAGE.U stated clear cut, without using dual tone.

I might not be going full force over here but definitely applying.
Generally I apply 10-11 bHNI.
This time I will apply 8-10 sHNI and if subscription is good maybe 2-3 bHNI.
Rationale is to get allotment of Rs 4L on the higher side.
Made good money in Samhi and Park Hotels.

Listing should not be surprising. A +/- of 10% is what I am predicting.

Also, if it lists in premium I will hold shares worth 1.5L(cost price) and sell the remaining.
If it lists in discount I will book loss entirely and wait for the price to stabilise, check the quarterly performance and re enter later.

Information about the Promoters made me realise this can get too risky.
Reducing risk here.
Will apply in retail from all 11 accounts so that total maximum allotment I get is worth Rs 1.5L.

Better apply one shni.

itne account seah apply k tension kyo leni.

mera to simple sa logic hai bhailog,jo company khud kuch kama nai sakti woh humko kya kama ke dengi.....

Satta bazar ka name suna hai kabhi???

Nahi suna sirf stock market ka naam suna he

I usually do not upfront say/recommend to avoid any company (as I am not much bothered); but this company I would recommend to avoid; as everything is wrong with this. Not just fundamentals or pricing of the issue or the promotors background.

My strategy would be to enter in this stock (only to gamble) after listing. That too would be too risky, but I have my own reasons ;-)

Due to personal bias towards hotels/luxury stocks, a high risk appetite, regular user of some of its Hyatt properties, and overall positive sentiment around hotels due to resurging travel boom, I will secure at least 1 retail lot in this loss-making entity. Future prospects look decent and I'm hoping to ride the wave regardless of the current GMP. Listing can be at +/-5%.

Disclaimer: I have IPO stakes in SAMHI and PARKHOTELS, and I'm a large shareholder in IHCL. Thanks.

A comfortable 11% profit. Sold 1 allotted retail.

Off topic

Gurus what is your views now on Devyani international as yum brands India is exiting?
@newgen consultancy