Juniper Hotels IPO: Juniper Hotels has ended its initial public offering (IPO) with a subscription rate of 2.08 times by the end of the bidding period. IPO got full subscription in retail Qualified Institutional Buyer (QIB) segment on Friday, however, non-institutional investors (NIIs) declined. The share allotment for the public offering is expected to be finalized today.
According to ET, investors who want to check the status of their share allotment can do so through one of the following Bombay Stock Exchange Website or portal of the Registrar.

Allotment status on BSE is under investigation

1. Visit BSE website.
2. Select the relevant issue name, i.e. Company Name, from the dropdown menu.
3. Enter application number or PAN number to check allotment status.

Checking allotment status through Registrar (BigShare Services)

1. Go to Kfin Technologies website.
2. Select Juniper Hotels IPO.
3. Enter PAN details and start searching to find out the status.
Juniper Hotel GMP
Juniper Hotels shares are trading without a premium on the unlisted market, suggesting a likely flat-to-discounted listing when it debuts on the stock exchange on February 28.
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Ahead of the IPO launch, the company successfully raised Rs 810 crore from anchor investors, with notable participation from both foreign and domestic institutions including Fidelity, Kotak Mahindra MF and Government Pension Fund (Norges).
About Juniper Hotel
Juniper Hotels is co-owned by Saraf Hotels and Two Seas Holdings, a subsidiary of renowned global hospitality firm, Hyatt Hotels Corp.
Specializing in luxury hotel development and ownership, Juniper Hotels holds a 20% stake in a total of 1836 Hyatt affiliated keys in India by June 2023. The company manages a diverse portfolio that includes seven hotels and serviced apartments.
In FY 2023, Juniper Hotels witnessed a significant growth of 116% in revenue from operations, reaching Rs 667 crore compared to Rs 309 crore last year. Additionally, net loss reduced from Rs 188.03 crore in FY2022 to Rs 1.5 crore in FY2023.
JM Financial, CLSA India and ICICI Securities act as book-running lead managers for the IPO, and diligently monitor the process.