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Jungle Camps India, a luxury eco-friendly hotel company, had a highly successful IPO debut on India's stock market.
Jungle Camps India, a conservation-focused luxury hospitality company, listed on the BSE SME platform today.
The IPO was hugely oversubscribed, closing at 494.58 times, and shares opened at ₹136.80, a 90% premium over the issue price of ₹72.
The company, which owns 87 rooms across wildlife reserves in central India, has been recognized for its eco-friendly practices and hospitality, including being named one of TripAdvisor's Top 25 Small Hotels in India.
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Jungle Camps India, una compañía hotelera ecológica de lujo, tuvo un exitoso debut de IPO en el mercado de valores de India.