Juniper Hotels Limited IPO: Should you subscribe or skip?

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Key Points

Juniper Hotels IPO aims to raise Rs 1,800.00 crores through a fresh issue of 5 crore shares..

The Initial Public Offering (IPO) of Juniper Hotels opened for public bidding on Wednesday, February 21.. Potential investors can bid for the issue starting from a minimum of one lot of 40 shares, with additional multiples thereafter..

"Given the competitive landscape, lack of current profitability, and absence of a PE ratio for comparable analysis, we recommend investors approach this IPO with caution and carefully evaluate alternative investment options," stated Swastika Investmart Limited...

For sNII investors, the minimum lot size is 14 lots (560 shares), amounting to Rs 201,600, and for bNII, it is 70 lots (2,800 shares), totalling Rs 1,008,000...

As of February 21, 2024, the last Grey Market Premium (GMP) for Juniper Hotels IPO stands at Rs 7..

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