Jungle Camps India IPO listing: Jungle Camps India shares witnessed a solid debut on the BSE SME on Tuesday, December 17, as they listed at ₹136.80, a premium of 90% over the issue price of ₹72 per share.
The SME initial public offer (IPO) opened for bidding on December 10 and closed on December 12. The issue was priced in the range of ₹68-72 per share, with the company looking to raise ₹29.42 crore at the upper price band.
Jungle Camps IPO was entirely a fresh issue of 40.86 lakh shares with no offer for sale (OFS) component.
Jungle Camps India IPO witnessed robust demand, with the issue garnering 494.58 times bids. The non-institutional investors (NII) category was booked the most at 760.48 times, followed by the retail quota that was subscribed 551.20 times, and finally, the qualified institutional buyer’s (QIB) quota, which garnered 198.52 times bids.
