
Naturewings Holidays IPO opens today: Check issue size, price band, GMP among other details
SME IPO of Naturewings Holidays will open for subscription today and will close on September 5. The company aims to raise about Rs 7 crore through the SME IPO and list the shares on BSE SME platform. Here are 10 key things investors need to know about the public offer before subscribing to the issue.
1) Naturewings Holidays IPO size
<div data-placement=«Mid Article Thumbnails» data-target_type=«mix» data-mode=«thumbnails-mid» style=«min-height:400px; margin-bottom:12px;» class=«wdt-taboola» id=«taboola-mid-article-thumbnails-113009807»>The IPO is entirely a fresh equity issue of 9.5 lakh shares and through the issue, the company plans to raise Rs 7 crore.
2) Naturewings Holidays IPO price band
The company is offering its shares at Rs 74 apiece, and investors can bid for 1600 shares in 1 lot.
3) Naturewings Holidays GMP
In the unlisted market, the company's shares are trading with a GMP of Rs 45, which translates to a premium of 60% over the issue price.
4) About Naturewings Holidays
Naturewings Holidays is a tourism company with a primary focus being the entire Himalayan destination across India, Nepal and Bhutan. It offers specialised and curated holiday packages for leisure travellers visiting the Himalayan ranges.
5) Industry overview
With a total area of 3,287,263 sq km extending from the snow-covered Himalayan heights to the tropical rain forests of the south, India has a rich cultural and historical heritage, variety in ecology, terrains and places of natural beauty spread across the country.
6) Naturewings Holidays financial performance
For the year ended March 2024, the company clocked total revenues of Rs 21.9 crore and net profit of Rs 1.12 crore.
7) Objects of the offer
The net