NatureWings Holidays Limited is a prominent Himalayan Destination Management Company (DMC) based in Kolkata, India. Established with a mission to offer exceptional travel experiences, NatureWings specializes in providing tailored solutions for Himalayan destinations, leveraging extensive knowledge of the region, its hotels, and allied services.

IPO Details:

NatureWings Holidays Limited is launching a Fixed Price Issue amounting to ₹7.03 Crores, consisting entirely of a Fresh Issue of 9.50 Lakh Shares. The subscription period 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, with the shares listed on the BSE SME. The tentative listing date is set for Tuesday, September 10, 2024.

The price per share for the IPO is fixed at ₹74. Retail investors are required to invest a minimum of ₹118,400 for a lot size of 1,600 shares. High-Net-Worth Individuals (HNIs) must invest in a minimum of 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, and Pure Broking Private Limited will act as the sole Market Maker for this IPO.

Financial Performance:

Details regarding the company's financial performance and Grey Market Premium (GMP) will be updated once available. The GMP is subject to demand and supply dynamics in the unorganized market and is provided for educational purposes only.

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Objectives of the IPO:

The proceeds from the Fresh Issue will be utilized for:

₹395.00 Lakhs for meeting working capital requirements.

₹102.00 Lakhs for marketing and business promotions.

₹86.30 Lakhs for general corporate purposes.

IPO Allotment Status:

To check the allotment status once it is finalized:

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

Select "NatureWings Holidays Limited IPO" from the dropdown list.

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

Submit the details to view your allotment status.

By following these steps, investors can easily determine their allotment status and make informed investment decisions.

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