NatureWings Holidays Limited is a Super Specialty Himalayan Destination Management Company (DMC) in Kolkata, India with a clear vision to provide the best solution to the valued guests with their superb knowledge in the territory, hotels, and other allied services.

Naturewings Holidays, an Fixed Price Issue amounting to ₹7.03 Crores, consisting entirely an Fresh Issue of 9.50 Lakh Shares. The subscription period for the Naturewings Holidays IPO opens on September 03, 2024, and closes on September 05, 2024. The allotment is expected to be finalized on or about Friday September 06, 2024, and the shares will be listed on the BSE SME with a tentative listing date set on or about Tuesday September 10, 2024.

The Share price of Naturewings Holidays IPO is set at ₹74 equity per share, with a minimum lot size of 1,600 shares. Retail investors are required to invest a minimum of ₹118,400, while the minimum investment for High-Net-Worth Individuals (HNIs) is 2 lots (3,200 shares), amounting to ₹236,800.

FEDEX SECURITIES PRIVATE LIMITED is the book-running lead manager, BIGSHARE SERVICES PRIVATE LIMITED is the registrar for the Issue. Pure Broking Private Limited is the sole Market Marker for the Naturewings Holidays IPO.

Naturewings Holidays Limited IPO GMP Today
The Grey Market Premium of Naturewings Holidays Limited IPO is expected in the range of ₹50 to ₹55 based on the financial performance of the company. No real trading is done on the basis of Grey Market Premium that's why no real discovery of price can be done before the listing of shares on the stock exchange. The Grey Market Premium totally depends upon the Demand and Supply of the shares of the company in unorganized manner which is not recommended. The Grey Market Premium is mentioned for educational and informational purposes only.

Naturewings Holidays Limited IPO Live Subscription Status Today
As of 05:31 PM on 05 September 2024, the Naturewings Holidays Limited IPO live subscription status shows that the IPO subscribed 383.53 times on its Last day of subscription period. Check the Naturewings Holidays Limited IPO Live Subscription Status Today at BSE.

Naturewings Holidays Limited IPO Allotment Status
Naturewings Holidays IPO allotment date is 6th September, 2024, Friday. Naturewings Holidays IPO Allotment will be out on 6th September 2024 and will be live on Registrar Website from the allotment date. Check Naturewings Holidays Limited IPO Allotment Status here. Here's how you can check the allotment status:
- Navigate to the IPO allotment status page.
- Select Naturewings Holidays Limited IPO from the dropdown list of IPOs.
- Enter your application number, PAN, or DP Client ID.
- Submit the details to check your allotment status.
By following either of these methods, investors can quickly determine their allotment status and proceed accordingly with their investments.

Objectives of Naturewings Holidays Limited IPO
Naturewings Holidays Issue Proceeds from the Fresh Issue will be utilized towards the following objects : 
1. ₹395.00 Lakhs is required for Meeting working capital; 
2. ₹102.00 Lakhs is required for Marketing and Business Promotions; and 
3. ₹86.30 Lakhs is required for General corporate purposes

Refer to Naturewings Holidays Limited RHP for more details about the Company.

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About Naturewings Holidays Limited

Incorporated in December 19, 2018, Naturewings Holidays is a tourism company with their primary focus being the entire Himalayan destination across India, Nepal and Bhutan. They offer specialised and curated holiday packages for leisure travellers visiting the Himalayan ranges. They offer end to end travel solutions including land and air bookings, hotel bookings, in-transit arrangements, local sightseeing and such other destination management services. They design travel packages for both individuals and groups traveling to the Himalayan destinations. They are one of the Indian companies that is registered with the Tourism Council of Bhutan, through their representative. They recently started their international division to offer tehir services on international destination. Besides, they also started providing value added service such as travel related foreign exchange & payment solutions.

As on June 30, 2024 they offer their services in the following regions (“Himalayan Ranges” i.e, Bhutan, Nepal, Sikkim & Darjeeling, Ladakh), go-to-market strategy spans the entire value chain of leisure holiday packages for the Himalayan Ranges covering B2C (Business to Consumer) and B2B (Business to Business which includes business to agents). They believe that their focused approach enables them to cater to the B2C and B2B channels, namely, educated urban consumers, in a cost-effective manner. Their travel agent network provides additional scale to their business by leveraging their destination knowledge and experience in order to aggregate consumer demand from over 100 travel agents in more than 12 major cities across India as of March 31, 2024. 

As per the prevailing market trends, there are growing demand for International flexi custom packages and as NatureWings is focussing on the untapped International Flexible Customized trips so for the expansion plan in the International travel market, they will put deep focus on the following International Destinations – 
Asia - Thailand, Vietnam, Singapore, Malaysia, Indonesia, Cambodia, Srilanka, Maldives, UAE and Bangladesh 
Africa - Egypt, Kenya & Tanzania etc 
Europe - Greece and Turkey, France etc 

They does not provide any Passport Service; however, they do provide VISA assistance service only to the customers who has booked International Travel Packages with them.

TOURISM AND HOSPITALITY INDUSTRY IN INDIA
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. This provides a significant opportunity to fully exploit the potential of the tourism sector. The government has taken steps to boost investments in facilitate spiritual tourism with states like Uttar Pradesh developing tourist circuits and Uttarakhand and West Bengal enhancing infrastructure for pilgrims. 

India being one the most popular travel destinations across the globe has resulted in the Indian tourism and hospitality industry emerging as one of the key drivers of growth among the services sector in India. The tourism industry in India has significant potential considering that Tourism is an important source of foreign exchange in India similar to many other countries. 

It is widely acknowledged that the tourist and hospitality sector, which encompasses travel and hospitality services like hotels and restaurants, is a development agent, a catalyst for socioeconomic growth, and a significant source of foreign exchange gains in many countries. 

India's rich and exquisite history, culture, and diversity are showcased through tourism while also providing significant economic benefits. The consistent efforts of the central and state governments have helped the tourism industry to recover from the COVID-19 pandemic shock and operate at the pre-pandemic level.

According to WTTC, India is ranked 10th among 185 countries in terms of travel & tourism’s total contribution to GDP in 2019. According to WTTC, the contribution of India's travel and tourism sector to India's economy was worth US$ 199.6 billion in 2022. 

The Indian travel and tourism industry is expected to record an annual growth at 7.1% per annum. In WTTC’s Economic Impact 2023 report, India’s Travel and Tourism GDP contribution grew by 5.9%. 

In 2021, the travel & tourism industry’s contribution to the GDP was US$ 178 billion; this is expected to reach US$ 512 billion by 2028. By 2029, it is expected to account for about 53 million jobs. In India, the industry’s direct contribution to the GDP is expected to record an annual growth rate of 7-9% between 2019 and 2030. 

The travel market in India is projected to reach US$ 125 billion by FY27 from an estimated US$ 75 billion in FY20. The Indian airline travel market was estimated at ~US$ 20 billion and is projected to double in size by FY27 due to improving airport infrastructure and growing access to passports. The Indian hotel market including domestic, inbound, and outbound was estimated at ~US$ 32 billion in FY20 and is expected to reach ~US$ 52 billion by FY27, driven by the surging demand from travellers and sustained efforts of travel agents to boost the market. 

Contribution of travel and tourism to GDP 

By 2028, international tourist arrivals are expected to reach 30.5 billion and generate revenue of over US$ 59 billion. However, domestic tourists are expected to drive the growth, post-pandemic. International hotel chains are increasing their presence in the country, and they will account for around 47% share of the tourism and hospitality sector of India by 2020 and 50% by 2022. 

As per the Ministry of Tourism, Foreign Tourist Arrivals (FTAs) in December 2023 were 1,070,163. FTAs during the period January-December 2023 were 9,236,108 as compared to 6,437,467 in January-December 2022. 

The percentage share of Foreign Tourist Arrivals in India during December 2023 among the top five ports was highest at Delhi Airport (29.92%) followed by Mumbai Airport (18.46%), Haridaspur Land Check Post (7.09%), Chennai Airport (7.02%), Bengaluru Airport (6.20%). FTAs during the period January-December 2023 were 9.24 million. 

The percentage share of Foreign Tourist Arrivals in India during April 2024 among the top five source countries was highest from Bangladesh (26.30%), followed by USA (13.74%), UK (8.36%), Australia (4.41%) and Canada (3.55%). 

In 2023, 26.52% of foreign tourists visited for Indian Diaspora which marks 9,236,108 foreigners. 

FEE during the period January-December 2023 were US$ 28.1 billion. And FEE during the January-April 2024 period is US$ 10.90 billion.

Domestic visitor spending increased by 20.4% in 2022, only 14.1% below 2019. International visitor spending rose by 81.9% in 2022, but still 40.4% behind 2019 numbers. 

Cumulative FDI equity inflow in the Hotel and Tourism industry is US$ 17.2 billion during the period April 2000- March 2024. This constitutes 2.54% of the total FDI inflow received across sectors.

TOURISM AND HOSPITALITY INDUSTRY IN BHUTAN
A small, landlocked country nestled deep in the Himalayas between India and China, Bhutan is characterized by steep mountains and deep valleys, which led to scattered population settlement patterns. The country is known for its unique philosophy – Gross National Happiness (GNH) – which guides its development strategy. 

Bhutan recorded a total of 29,812 tourists in 2020, ranking 191st in the world in absolute terms. That smaller countries regularly perform lower in a comparison of the absolute number of guests, is obvious. By putting the tourist numbers in relation to the population of Bhutan, the result is much more comparable picture: With 0.038 tourists per resident, Bhutan ranked 150th in the world. In South Asia, it ranked 2nd. Bhutan generated around 84.00 million US Dollar in the tourism sector alone. This corresponds to 3.6 percent of its the gross domestic product and approximately 0 percent of all international tourism receipts in South Asia. 

The coronavirus pandemic has created and continues to create unprecedented impacts on the economy and livelihoods in Bhutan and around the world. The detection of the first imported positive case in early March 2020 in the country and the subsequent imposition of travel restrictions had brought the tourism industry to a standstill with tourism being one of the worst hit.

Overall visitor arrivals fell by 91 percent, with only 29,812 visitors in 2020 as compared to 315,599 visitors in 2019. Gross receipts fell by 92 percent to USD 19.84million in 2020, from USD 225.87million in 2019. Direct revenue also dropped by 90.4 percent to USD 2.76million in 2020, from USD 23.42million in 2019.

NATUREWINGS HOLIDAYS LIMITED COMPETITIVE STRENGTHS
1. Brand with a proven track record and targeted marketing strategy
2. Their Synergistic Multi-Channel Go to Market approach for Business and Leisure Travelers
3. Experienced management team with an established track record

NATUREWINGS HOLIDAYS LIMITED STRATEGIES
1. Growth in the customer base using cost-effective technology solutions
2. Further strengthen their focus on Enterprise business
3. Leverage their existing travel agent network in Tier II and Tier III cities
4. Increase their product offerings
5. Pre-purchase and bulk buying of inventories
6. Continue to attract and retain talent

NATUREWINGS HOLIDAYS LIMITED RISK FACTORS & CONCERNS
1. They are exposed to risks associated with businesses in the geographies that they operate, particularly those in the Bhutan travel industry.
2. They generally do business with their customers on per travel package basis and do not enter into any contracts with their travel agent or travel supplier.
3. The travel industry in India, as well in Bhutan and Nepal, is susceptible to extraneous events.
4. The travel industry is intensely competitive, and they may not be able to effectively compete in the future.
5. Any disruption to the supply of air tickets, and reduced demand for hotel accommodation and related services or other travel elements, or an increase in the prices of travel elements could adversely affect their operation, turnover and profitability.
6. The Travel and Tours Industry is cyclical and sensitive to changes in the economy and this could have a significant impact on their operations and financial results.