Jungle Camps India’s IPO: A Wildly Successful Debut
Jungle Camps India Limited has taken the stock market by storm with a stellar debut on the BSE SME platform. Listing at ₹136.80—an impressive 90% premium over its issue price of ₹72—the eco-tourism pioneer has proved that the market is ready to back sustainable ventures in a big way.
The IPO, which closed on December 12, was a resounding success, being oversubscribed by an astounding 494.58 times. Non-institutional investors led the charge with an astonishing 760.48x subscription, while retail and institutional investors followed closely behind.
With ₹29.42 crore raised, the company plans to expand its eco-tourism footprint by developing a new project at Sanjay Dubri National Park, upgrading its Pench Jungle Camp, Pench National Park, India , and supporting its hospitality initiative in Mathura.
Jungle Camps India’s remarkable debut highlights a growing shift in investor sentiment towards ventures that blend profitability with purpose. As eco-tourism gains momentum, the company is poised to lead the charge, offering experiences that prioritise conservation and sustainability.
This isn’t just a market win; it’s a strong signal of India’s appetite for green investment opportunities. Investors, take note—this is a story of growth rooted in purpose.