Naturewings Holidays Limited IPO

Incorporated in December 2018, Naturewings Holidays Limited is a tour company that offers holiday packages for leisure travellers visiting the Himalayan ranges. The company mainly focuses on regions such as  India, Nepal and Bhutan.

The company provides comprehensive travel solutions, including land and air bookings, hotel reservations, in-transit arrangements, local sightseeing, and destination management services. It caters to individuals and groups visiting Himalayan destinations and has recently launched an international division to extend its services to global destinations.

As of March 31, 2024, Naturewings Holidays has access to over 750 hotels in the Himalayan Ranges and various international destinations.

As of March 31, 2024, the company had served approximately 7,163 packages to over 33,065 travellers on a cumulative basis.

As of March 31, 2024, the company had more than 100 travel agents registered with them in most major cities in India. The company’s network of travel agents has helped it expand its presence and distribution network in India.

The company launched its international packages in March 2022. Since then, it has served 54 holiday packages to the following destinations: Indonesia, Thailand, Egypt, Kenya, Sri Lanka, Vietnam, Singapore, and the Maldives.

As of March 31, 2024, the company has 51 department employees.

Naturewings Holidays Limited Financial Information (Restated)

Naturewings Holidays Limited’s revenue increased by 86% and profit after tax (PAT) rose by 72% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended31 Mar 202431 Mar 202331 Mar 2022
Assets571.61514.16309.57
Revenue2,189.971,176.25418.32
Profit After Tax111.9265.0819.89
Net Worth265.63153.7188.63
Reserves and Surplus44.6368.7183.63
Total Borrowing5.126.998.73
Amount in ₹ Lakhs

Key Performance Indicator

The market capitalization of Naturewings Holidays IPO is Rs 23.39 Cr.

KPI as of March 31, 2024.

KPIValues
ROE4.10%
ROCE5.76%
Debt/Equity0.03
RoNW42.13%
P/BV6.16
PAT Margin (%)5.13
 Pre IPOPost IPO
EPS (Rs) 5.063.54
P/E (x) 14.6120.9
Note:
  • The Pre IPO EPS is calculated based on Pre issue shareholding as on date of RHP and the latest FY earnings as of March 31, 2024 that is available in RHP.
  • The Post Issue EPS is calculated based on the Post issue shareholding and annualized FY earnings of March 31, 2024 that is available in RHP.

Objects of the Issue (Naturewings Holidays IPO Objectives)

The company proposes to utilize the Net Proceeds from the Issue towards the following objects:

  1. Meeting working capital requirements;
  2. Marketing and Business Promotions; and
  3. General corporate purposes

Naturewings Holidays IPO Details

IPO DateSeptember 3, 2024 to September 5, 2024
Listing Date[.]
Face Value₹10 per share
Price₹74 per share
Lot Size1600 Shares
Total Issue Size950,400 shares
(aggregating up to ₹7.03 Cr)
Fresh Issue950,400 shares
(aggregating up to ₹7.03 Cr)
Issue TypeFixed Price Issue IPO
Listing AtBSE SME
Share holding pre issue2,210,000
Share holding post issue3,160,400
Market Maker portion48,000 shares

Naturewings Holidays IPO Promoter Holding

The promoters of the company are Sandip Raha and Mousumi Raha.

Share Holding Pre Issue 95.8%
Share Holding Post Issue 67.53%

SHARIAH SCREENING for - Naturewings Holidays Limited IPO

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BUSINESS SCREEN

FINANCIAL RATIOS

As per our analysis and Based on the information we have, this is the output.
Allah knows best.
If you find this result mistaken or questionable, let us know via email at info (@) halalstock.in

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