Mumbai: The Listing of Juniper Hotels Limited shares closed at 10% upper circuit on debut shares.

The company’s share price closed at Rs 397.30 per share on the BSE, a 10.36% premium, and Rs 365 per share on the NSE, an 11.53% premium.

Arun Kumar Saraf, CMD, Juniper Hotels Limited, said that today marked a significant milestone for Juniper Hotels Limited as valued investors’ confidence had propelled it to this momentous debut on the exchange.

“As we embark on this exciting journey, we reaffirm our commitment to delivering value and driving sustainable growth, guided by our vision and fuelled by innovation,” Saraf said.

The Market Capitalisation of the Company at today’s closing price stood at Rs 8,840.02 crore as per BSE and Rs 8,933.47 as per NSE.

Juniper Hotels Limited is a luxury hotel development and ownership company, and the largest owner – by number of keys of “Hyatt” affiliated hotels in India as of September 30, 2023.

Its hotels and service apartments are classified under three distinct segments: luxury, upper upscale and upscale.