Jungle Camps
#JungleCamps

Example of what FOMO does in SME stocks 

IPO price was 72rs

Listed at 137rs and hit a high of 144rs on the same day
Since then, it has been falling on a daily basis for the next 10 days and is at 82rs now 

IPO was at 25 p/e
Was chased on listing day at 50 p/e

Not a bad company,but FOMO led to such a kind of listing 

Average utilisation at 55%

Capex of 20cr planned 
170 new rooms coming up in next 2-3 years 

FY24:
Rev at 17.5cr
EBITDA at 6.6cr
OPM at 38%
PAT at 3.6cr

H2 heavy 

July to September is seasonally lean due to monsoons 

RoCE 24%
RoE 20%

Never be in FOMO in SME stocks