Saraf and Hyatt-owned Juniper Hotels files for Rs 1,800 crore IPO

Juniper Hotels, owned by Saraf Group, has filed its Draft Red Herring Prospectus (DRHP) with Sebi to raise funds for its IPO. The IPO will consist of a fresh issue of equity shares worth up to Rs 1800 crore. The proceeds will be used for debt repayment and general corporate purposes. Juniper Hotels is a luxury hotel development company and the largest Hyatt-affiliated owner in India. It plans to add more luxury and upscale hotels to its portfolio. The IPO comes as the travel and hospitality sector experiences a strong rebound.

More To Explore

Advertiser Disclosure

Great-investor.com helps users across the globe to find out The latest news, Guides, and Info about finance and investments. Furthermore, our content and research teams do not participate in any advertising planning nor are they permitted access to advertising campaign data.

Disclaimer

It is our organization’s primary mission to provide reviews, commentary, and analysis that are unbiased and objective. While great-investor.com has some data verified by industry participants, it can vary from time to time. Operating as an online business, this site may be compensated through third party advertisers. Our receipt of such compensation shall not be construed as an endorsement or recommendation by great-investor.com, nor shall it bias our reviews, analysis, and opinions. Please see our General Disclaimers for more information.

The information on this website does not constitute investment advice or a recommendation or a solicitation to engage in any investment activity. This website and its content are not intended for residents of the UAE, US, Canada, Australia, UK, Russia, North Korea, China, Japan, Hong Kong, Singapore and Iran.

Top10 International FZ LLE | 17th Floor, Creative Tower | 4422 | Fujairah | TRN: 100608946800003