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Jungle Camps India Ltd, which provides wildlife and conservation-focused lodges to guests, on Wednesday announced a price band of Rs 68-72 per share for its IPO, which will open on December 10 and close on December 12. The Initial Public Offering (IPO) -- to list on BSE Small and Medium Enterprises (SME)-- consists of a fresh issue of 4,086,400 equity shares with a face value of Rs 10 each. "The company aims to raise approximately Rs 29.42 crore through the IPO to fuel its expansion plans, enhance its brand presence and strengthen its commitment to sustainable tourism. Rs 7 crore of the proceeds will be used for developing a new project at Sanjay Dubri National Park in Madhya Pradesh while Rs 3.5 crore will be utilised for renovating its existing resort, Pench Jungle Camp, located in Pench National Park, Madhya Pradesh," it stated. Moreover, the company intends to invest Rs 11.5 crore in its subsidiary, Madhuvan Hospitality Private Ltd, to develop a 4-star hotel in Mathura, Uttar ..
1,918 adults left Calais on board 45 buses to go to 80 reception and orientation centres situated in 11 regions of France