Jungle Camps India Plans IPO

Jungle Camps India posted PAT of Rs. 3.59 crore in FY24

Jungle Camps India Limited, one of the leading experiential ecological hospitality groups in India, today announced its ambitious plans to achieve Rs. 100 crores in revenue by FY28.

The company has set its sights on an initial public offering (IPO) to fund its expansion plans, which would be managed / led by Khambatta Securities Limited. It offers exceptionally curated wildlife hospitality experiences to travel enthusiasts in its various properties located at Pench Tiger Reserve, Kanha Tiger Reserve and Rukhad Buffer Zone of Pench Tiger Reserve in Madhya Pradesh and Tadoba Tiger Reserve in Maharashtra.

Jungle Camps India clocked a total revenue of Rs. 18.10 crore and a profit (PAT) of Rs. 3.59 crore in FY24, compared with a total revenue of Rs. 11.24 crore and a profit (PAT) of Rs. 45 Lakhs in FY23, registering a healthy growth of 61.03% in revenues and a five-fold rise in profit.

Speaking on the expansion plans, Gajendra Singh Rathore, Chairman, Jungle Camps India Limited, said, “With the growing enthusiasm for wildlife hospitality, our facilities in the pristine wilderness of central India have been welcoming an increasing number of passionate environmentally-conscious travelers. With the rising demand for unique experiences in sync with ever-evolving consumer preferences, we’re excited to announce an ambitious expansion plan to add one or more resorts & hotels in our portfolio. We’re exploring funding opportunities through an IPO to broaden our reach and offer even more exceptional options to our guests.”