Jungle Camps India Eyes Major Revenue Boost and IPO by FY28

Jungle Camps India Ltd, a wildlife and conservation-focused lodge provider, aims to achieve Rs 100 crore in revenue by FY28, up from Rs 18 crore in FY24. To fund this expansion, the Delhi-headquartered company plans an Initial Public Offering (IPO). The firm reported a significant jump in both revenue and profit for FY24.

Jungle Camps India Ltd, known for its wildlife and conservation-focused lodges, has announced a strategic plan to achieve Rs 100 crore in revenue by FY28. Currently, the company stands at Rs 18 crore in revenue for FY24.

The Delhi-headquartered firm is eyeing an Initial Public Offering (IPO) to finance its expansion plans. Chairman Gajendra Singh Rathore cited rising consumer demand for unique experiences as the driving force behind the ambitious growth strategy.

Founded in 2002, Jungle Camps India operates resorts in remote locations, offering wildlife hospitality experiences in central India's tiger reserves. The company's revenue and profit have shown remarkable growth, with revenues increasing 61% and profits jumping five-fold from FY23 to FY24.

(With inputs from agencies.)