Jungle Camps India Aims for Rs 100 Cr Revenue; Considers IPO Plans

Jungle Camps India, an ecological hospitality group declared its plans to achieve Rs 100 crore in revenue 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 by Khambatta Securities.

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 total revenue of Rs 11.24 crore and a profit (PAT) of Rs. 45 Lakhs in FY23, registering a growth of 61.03 per cent in revenues and almost eight-fold rise in profit.

“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 and hotels to our portfolio. We're exploring funding opportunities through an IPO to broaden our reach and offer even more exceptional options to our guests,” said Gajendra Singh Rathore, Chairman, Jungle Camps.

With its properties located in the tranquil and deep forests of central India, Jungle Camps India offers 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.