What is IPO Grey Market Premium (GMP)?

IPO Grey Market Premium (GMP) is an unofficial, over-the-counter premium over the issue price that dealers and investors pay prior to official listing on NSE/BSE.

How is estimated IPO listing price determined?

Estimated Listing Price = Cut-off / Issue Price + Current Grey Market Premium (GMP). For example, an issue price of ₹100 with ₹40 GMP yields an estimated listing price of ₹140 (+40%).

What is Kostak rate in an IPO?

Kostak rate is the fixed profit earned by selling an IPO application before allotment, irrespective of whether the application is allotted shares or not.

What is Subject to Sauda in IPO trading?

Subject to Sauda is an informal contract where payment is made only if the seller receives share allotment in the IPO.

Is IPO Grey Market Premium (GMP) regulated by SEBI?

No. Grey Market transactions are non-exchange over-the-counter commitments and are not officially regulated or endorsed by SEBI. Investors should treat GMP as an informal sentiment indicator.

What is the current subscription status of Juniper Hotels Limited IPO?

Juniper Hotels Limited IPO has received a total subscription of 2.18 times overall.

IPO GreyPremiumLIVE

Grey Market Intelligence

Juniper Hotels Limited

ListedMainboard

Industrial & Financial Services · NSE / BSE

Founded in September 1985, Juniper Hotels Limited is a leading luxury hotel development and ownership company, operating seven hotels and serviced apartments with a total of 1,836 rooms across Mumbai, Delhi, Ahmedabad, Lucknow, Raipur, and Hampi. Notable properties include Grand Hyatt Mumbai Hotel and Residences, India’s largest luxury hotel, along with Hyatt Regency Lucknow and Ahmedabad, the largest upper upscale hotels in their respective markets, and Hyatt Raipur, the only upper upscale hotel in Raipur. Co-owned by Saraf Hotels Ltd and Two Seas Holdings Ltd (an affiliate of Hyatt Hotels Corporation), Juniper Hotels benefits from a strong strategic partnership between a premier hotel developer and an international hospitality giant. Recognized for excellence, the company has received awards such as "Best Luxury Business Hotel in Delhi" at the Today’s Traveller Awards 2022 for Andaz Delhi and "Best 5-Star Hotel in Gujarat" at the Gujarat Tourism Awards 2022 for Hyatt Regency Ahmedabad. As of September 30, 2023, Juniper Hotels employed 1,631 permanent staff, while the CHPL Group (including Saraf Hotels Ltd) had an additional 362 employees, bringing the total workforce to 1,993. With a strong presence in India's hospitality sector, Juniper Hotels continues to set industry benchmarks in luxury and service excellence.

Price Band

₹342 – ₹360

Issue Size

₹1800 Cr

Lot Size

40 shares

GMP

—

Est. Listing

₹360

at current GMP

Subscribed

2.18x

overall

Open

21 Feb 2024

23 Feb 2024

Allotment

26 Feb 2024

Refund

27 Feb 2024

Demat Credit

28 Feb 2024

Listing

28 Feb 2024

Last updated 12 days ago

Overview Live GMP Subscription Status Allotment Status Filing Documents

Overall Subscription

2.18x

Total Demand

QIB Multiplier

3.11x

Institutions & Funds

NII / HNI

0.89x

High Net-Worth

Retail (RII)

1.31x

Individual Bidders

Category-Wise Subscription Breakup

Live bidding breakdown by institutional, non-institutional, and retail investors

Total 2.18x

Category	Shares Offered	Shares Applied / Bid	Times Subscribed
QIB	15,000,000	46,711,200	3.11x
NIB	7,500,000	6,672,120	0.89x
HNIs(10L +)	5,000,000	5,415,720	1.08x
HNIs (2-10L)	2,500,000	1,256,400	0.50x
RETAIL	5,000,000	6,537,680	1.31x
Total	35,000,000	66,593,120	2.18x

Application-Wise Breakup

Total unique applications received across retail and HNI tranches

Apps 1.30x

Category	Applications Reserved	Applications Received	Times Subscribed
Retail (RII)	437,500	573,125	1.31x
HNIs (10L +)	2,799	2,491	0.89x
HNIs (2-10L)	13,393	11,920	0.89x
Total Applications	453,692	587,536	1.30x

Day-Wise Subscription Progress

Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.

About Juniper Hotels Limited Public Issue & Market Profile

Juniper Hotels Limited is bringing an initial public offering (IPO) in the Industrial & Financial Services sector with an aggregate issue size of ₹1,800 Crores. The shares are offered at a price band of ₹342 to ₹360 per equity share on NSE and BSE. Currently, grey market participants and retail investors are watching the bidding trend, premium movement, and anchor book demand with keen interest.

Bidding & Quota Instructions:

Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 40 shares (approx. ₹14,400 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.

Allotment Reconciliation Schedule:

Allotment reconciliation will be managed by Kfin Technologies Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2024-02-28, while un-allotted funds or UPI block mandates will be released on 2024-02-27.

Frequently Asked Questions

What is Juniper Hotels Limited IPO GMP today?

Currently, Juniper Hotels Limited IPO Grey Market Premium (GMP) is not actively quoted or is quoted flat at ₹0. The shares are expected to list close to the issue price band of ₹342 to ₹360 per equity share.

What is the expected profit per lot for Juniper Hotels Limited IPO?

The retail lot size is 40 shares requiring a minimum application amount of ₹14,400. Expected listing price is ₹360 per equity share.

What is the issue size and price band for Juniper Hotels Limited IPO?

The Juniper Hotels Limited IPO aggregate issue size is ₹1,800 Crores with an equity price band set at ₹342 to ₹360 per equity share. The retail lot size is 40 shares requiring a minimum capital outlay of approx. ₹14,400.

How can I check Juniper Hotels Limited IPO live subscription demand?

Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 2.18x (Retail: 1.31x, QIB: 3.11x, NII: 0.89x). You can track live multiples directly on our dedicated subscription page.

Where and when will Juniper Hotels Limited IPO allotment status be published?

The basis of allotment will be published on the official registrar portal (Kfin Technologies Limited) and the BSE status verification website on or around 2024-02-26. Investors can verify status using PAN card or application number.

When is the listing date for Juniper Hotels Limited IPO?

Juniper Hotels Limited shares are scheduled to list on NSE and BSE on 2024-02-28.