• September 8, 2024

Jungle Camps aims at INR100 Cr revenue by 2028, Khambatta Securities to lead its IPO

Delhi-based experiential ecological hospitality group Jungle Camps India Limited plans to achieve revenue of Rs. 100 crores by FY28. In line with its growth strategy, 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.
Strategically located in the serene forests of central India, Jungle Camps India 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 Limited 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.
Talking about their expansion plan, 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.”

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