NatureWings Holidays Limited is a premier Himalayan Destination Management Company (DMC) based in Kolkata, India. The company aims to offer top-notch travel solutions with deep expertise in Himalayan regions, ensuring a high-quality experience for its guests.

NatureWings Holidays Limited IPO Overview

The Initial Public Offering (IPO) of NatureWings Holidays Limited is a Fixed Price Issue valued at ₹7.03 crore, consisting entirely of a Fresh Issue of 9.50 lakh shares. The subscription period begins on 03 September 2024 and ends on 05 September 2024. The shares are expected to be allotted on 06 September 2024 and will list on the BSE SME on 10 September 2024.

Share Price and Investment Details

The IPO price is set at ₹74 per share, with a minimum lot size of 1,600 shares. Retail investors are required to invest a minimum of ₹118,400, while High-Net-Worth Individuals (HNIs) must invest in at least 2 lots (3,200 shares), totaling ₹236,800.

Financial Performance of NatureWings Holidays

NatureWings Holidays has shown significant growth in recent years. The company’s revenue rose from ₹418.32 lakh in FY22 to ₹2,189.97 lakh in FY24. EBITDA increased from ₹25.30 lakh in FY22 to ₹160.29 lakh in FY24, demonstrating operational improvements. PAT grew from ₹19.89 lakh in FY22 to ₹111.92 lakh in FY24, highlighting strong profitability.

Valuation Metrics

The IPO features a pre-issue EPS of ₹5.06 and a post-issue EPS of ₹3.04. The pre-issue P/E ratio is 14.62x, and the post-issue P/E ratio is 20.90x, compared to the industry P/E ratio of 35.44x. The company’s Return on Capital Employed (ROCE) for FY24 is 57.37%, and Return on Equity (ROE) is 42.13%, indicating a fair valuation with strong returns.

Objectives of the IPO

Proceeds from the Fresh Issue will be allocated as follows:

₹395.00 lakh for meeting working capital requirements.

₹102.00 lakh for marketing and business promotions.

₹86.30 lakh for general corporate purposes.

Grey Market Premium (GMP) and Expected Listing Gains

The Grey Market Premium (GMP) for NatureWings Holidays is expected to range between ₹50 and ₹55, indicating potential listing gains of 70% to 75%. This strong GMP reflects high investor interest and suggests significant potential profitability, though actual pricing will be determined upon listing.

How to Check NatureWings Holidays IPO Allotment Status

To check your IPO allotment status after 06 September 2024:

Visit the IPO allotment status page on the registrar's website.

Select NatureWings Holidays Limited IPO from the dropdown menu.

Enter your application number, PAN, or DP Client ID.

Also Read : Mudra IPO fully subscribed on day 1. Check, GMP, review & details

Submit the details to view your allotment status.

Should You Invest in NatureWings Holidays Limited IPO?

Given the company’s impressive financial performance, strong management, and attractive valuation, the NatureWings Holidays Limited IPO presents a compelling investment opportunity. The potential for substantial short-term listing gains and long-term growth makes this IPO appealing for both retail investors and HNIs. The focus on capital allocation for working capital and marketing further supports the company’s growth trajectory.

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