Juniper Hotels IPO GMP History
Juniper Hotels IPO has been listed on February 28, 2024 at a listing price of ₹365, against the issue price of ₹360 — a gain of ₹5 (+1.39%). The GMP peaked at ₹15 on 17 February 2024 and reached a low of ₹5 on 24 February 2024. The day-wise GMP trend below shows how grey market sentiment evolved from subscription to listing.
Juniper Hotels IPO raised ₹1800 Cr. through its IPO at a price band of ₹342 to ₹360 per share, with a lot size of 40 shares. The IPO was open for subscription from 21 Feb 2024 to 23 Feb 2024.
Researched & reviewed by
Abhishek Vohera,
Founder, IPO Guru
Last updated
Figures sourced from the RHP, BSE & NSE
GMP trend
Grey market premium sampled three times a day (11 AM, 5 PM, 10 PM). Last updated 10 Nov, 6:31 PM IST.
Day-wise GMP
The last reading of each day, newest first. Arrows compare with the previous day.
| Date | GMP | ↑↓ | % | Kostak | Sub. Sauda |
|---|---|---|---|---|---|
| 24 Feb 2024 | ₹ 5 | — | 1% | — | — |
| 23 Feb 2024 | ₹ 5 | — | 1% | — | — |
| 22 Feb 2024 | ₹ 5 | ▼ | 1% | — | — |
| 21 Feb 2024 | ₹ 8 | ▼ | 2% | — | — |
| 20 Feb 2024 | ₹ 10 | — | 3% | — | — |
| 19 Feb 2024 | ₹ 10 | ▼ | 3% | — | — |
| 17 Feb 2024 | ₹ 15 | — | 4% | — | — |
Juniper Hotels IPO dates
Key dates from opening to listing. Today is 11 November.
- Open 21 Feb 2024
- Close 23 Feb 2024
- Allotment 26 Feb 2024
- Refund/credit 27 Feb 2024
- Listing 28 Feb 2024
Juniper Hotels IPO actual listing price
How the grey market's final call compared with the listing-day open.
| Issue price | ₹360 |
|---|---|
| GMP-based estimate (pre-listing) | ₹365 (+1.4%) |
| Listing gain / loss | +₹5 per share |
| Listing date | 28 Feb, 2024 |
| Actual listing price | ₹365 (+1.39%) |
Is Juniper Hotels IPO GMP reliable?
Grey market premium for Juniper Hotels IPO should be interpreted with caution. The GMP is an unregulated, unofficial market not governed by SEBI. Here's how to read the current signal:
- 01Subscription rate matters: A high GMP paired with strong subscription — especially QIB (Qualified Institutional Buyer) oversubscription — is a more reliable bullish signal than GMP alone. Read our in-depth analysis: GMP vs Subscription Data — Which Predicts Listing Gains Better?
- 02Timing matters: GMP in the first 1–2 days of subscription is less reliable. GMP on the final subscription day and the day before listing tends to be the most accurate predictor.
- 03Grey market is thin: For smaller IPOs, even a handful of large orders can swing the GMP significantly. Treat low-volume GMP signals with extra caution.
- 04Cross-check before acting: Review the Juniper Hotels IPO full review for a fundamentals-based assessment before making any grey market trades.
Juniper Hotels IPO Kostak rate explained
Two ways the grey market trades an IPO application before listing.
The Kostak rate for Juniper Hotels IPO was not available during the subscription period. Kostak is the fixed amount a grey market buyer pays for an IPO application regardless of allotment outcome.
The Subject to Sauda price was not available for this IPO. Subject to Sauda only applies if allotment is confirmed — the buyer pays a premium on top of the issue price per lot allotted.
Grey market trading is unofficial and unregulated by SEBI. Proceed with full awareness of the associated risks.
About Juniper Hotels IPO
Juniper Hotels Limited was incorporated as Seajuli Finance Private Limited at Kolkata on 16 September 1985. As per Horwath, it is a luxury hotel development and ownership company and the largest owner of Hyatt-affiliated hotels in India by number of keys as of 30 September 2023.
It has a portfolio of seven hotels and serviced apartments, and operated 1,836 keys across the luxury, upper upscale and upscale categories in Mumbai, Delhi, Ahmedabad, Lucknow, Raipur and Hampi on 30 September 2023. Its properties include Grand Hyatt Mumbai Hotel and Residences.
It is co-owned by Saraf Hotels and Two Seas Holdings, an affiliate of Hyatt Hotels Corporation.
The IPO was Rs 1,800 crore and was entirely fresh issue. Rs 1,500.00 crore was planned for repaying borrowings of the company and its recently acquired companies.
Frequently asked
What is the GMP of Juniper Hotels IPO?
The current Grey Market Premium (GMP) of Juniper Hotels IPO is ₹ 5.
What is the Kostak Price of Juniper Hotels IPO?
Kostak rate is the profit made by selling an IPO application before allotment. The current Kostak rate for Juniper Hotels IPO is not available.
What is the Subject to Sauda Price of Juniper Hotels IPO?
Subject to Sauda is the premium amount decided if the allotment is confirmed. The current Subject to Sauda rate is not available.
What was the actual listing price of Juniper Hotels IPO?
Juniper Hotels IPO listed on February 28, 2024 at ₹365, against the issue price of ₹360 — a gain of +1.39%.
How did the GMP of Juniper Hotels IPO trend before listing?
The GMP of Juniper Hotels IPO was stable in its final days before listing. The GMP peaked at ₹15 on 17 February 2024. View the day-wise table above for the complete GMP history.
Explore Juniper Hotels IPO further
The grey market is one signal. Read it alongside the demand, the reviews and the filings before you decide.
It has listed — go back to the fundamentals.
Category-wise demand from QIB, NII and retail investors, updated through the day.
What brokers and analysts are saying about this issue, in one place.
Check with your PAN whether shares were credited to your demat account.
The grey market called it. Now check the fundamentals.
IPO Guru tracks GMP, subscription and allotment for every Mainboard and SME issue. Read the grey market alongside the subscription book and the offer document before you apply.
Not investment advice. Grey market premium is an unofficial, unregulated indicator and is not a forecast.
