IPO Details

Bidding Dates

To be announced

Minimum Investment

To be announced

Price Range

To be announced

Maximum Investment

To be announced

Retail Discount

To be announced

Issue Size

Up to 9,50,000 equity shares

Investor category and sub category

Qualified Institutional Buyers  |   Retail Individual Investors  |   Non-institutional Investor  |  

About NatureWings Holidays Ltd

Incorporated on December 19, 2018, they are a tourism company with their primary focus being the entire Himalayan destination across India, Nepal and Bhutan. They offer end-to-end travel solutions, including land and air bookings, hotel bookings, in-transit arrangements, local sightseeing and other destination management services.

They also design travel packages for both B2C and B2B clients travelling to Himalayan destinations. In recent times, they have also started providing value-added services such as travel-related foreign exchange & payment solutions.

The travel market in India is projected to reach US$ 125 billion by FY 2027 from an estimated US$ 75 billion in FY 2020, i.e. increasing by a CAGR of 10.76%. The growing sector can help organised businesses like NatureWings to expand their revenues, especially by increasing the number of destinations offered.

NatureWings Holidays Ltd IPO Details

NatureWings Holidays Ltd IPO Date

The dates for bidding for the NatureWings Holidays IPO are yet to be announced.

NatureWings Holidays Ltd IPO Price Band

NatureWings Holidays is a fixed-price IPO. The exact price is yet to be announced.

NatureWings Holidays Ltd IPO Lot Size

The NatureWings Holidays Ltd IPO lot size is not announced yet.

NatureWings Holidays Ltd IPO Lot Size

The net proceeds from the issue are proposed to be utilised towards the following objectives:

  1. Meeting working capital requirements
  2. Marketing and business promotions
  3. General corporate purposes

Peer Details

As per DRHP, Sailani Tours and Travels is a listed peer company of NatureWings Holidays in India.

How To Check the Allotment Status of the NatureWings Holidays Ltd IPO?

Steps to check IPO allotment status on Angel One’s app:

  1. Log in to the Angel One app.
  2. Go to the IPO Section and then to IPO Orders.
  3. Select the individual IPO that you had applied for and check the allotment status.
  4. Angel One will notify you of your IPO allotment status via push notification and email.

Contact Details of NatureWings Holidays Ltd

Registered office: DGK - 417, 4th Floor, DLF Galleria Building, Newtown, Kolkata North 24 Parganas New Town - 700156, West Bengal, India

Phone: +91 9831317505

E-mail: cs@naturewings.com

IPO Financials

Particulars Year Ending on March 31, 2023 Year ending on March 31, 2022 Year ending on March 31, 2021
Total Revenue 1,176.25 418.32 140.74
Profit After Tax 65.08 19.89 5.54
Return on Capital Employed 54% 32% 46%
Return on Equity 54% 25% 40%
Current Ratio 0.94 1.39 1.44

Know before investing


  1. They have focused on building a brand as a Himalayan range specialist destination management travel company. They are one of the few Indian companies that are registered with the Tourism Council of Bhutan.

  2. Organic and unpaid traffic from Google and other digital channels has increased substantially over the years, from 1,084 in FY 2021 to 11,662 in FY 2023.

  3. They are building a seamless and integrated technology platform that meets all their travel needs. Their service offerings and quality act as an incentive to employees who use the B2B corporate travel platform to cross-pollinate and transact with NatureWings for their personal travel needs on their B2C platform.


  1. The travel market of India, Nepal and Bhutan is intensely competitive. Their success depends upon our ability to compete effectively against numerous established and emerging competitors, including online and offline travel agencies, both in India and outside India.

  2. Future lockdowns due to COVID-19-like diseases may adversely affect their revenues.

  3. The quality of their service is dependent on that of other third parties, such as the hotels, car agencies, etc., that they hire. Issues in the quality of these third-parties may affect the brand and revenue of NatureWings.

  • How to Apply in IPO
  • How to Check IPO Allotment Status

Login to Angel One App / Website & click on IPO

Select desired IPO & tap on "Apply"

Enter UPI ID, set quantity/price & submit

Accept mandate on the UPI app to complete the process

Login to Angel One App / Website

Choose IPO section on Home Page

Click IPO Orders

Chose the IPO application you want to view the status for

NatureWings Holidays Ltd IPO FAQs

What is NatureWings Holidays Ltd's IPO?

NatureWings Holidays’ IPO is a fixed-price IPO. The dates for the IPO are yet to be announced.

When will NatureWings Holidays Ltd's IPO be allotted?

The date of allotment is not announced yet.

When will NatureWings Holidays Ltd's IPO open for subscription?

The IPO subscription window is not announced yet.

What minimum lot size can retail investors subscribe to?

The lot size for the IPO is yet to be announced.

When will NatureWings Holidays Ltd list on exchanges?

The listing date for Additive Technologies is not announced yet.

What would be the listing gains on the NatureWings Holidays Ltd IPO?

Listing gains cannot be ascertained before the listing of the IPO on the stock exchange. The date of listing is yet to be announced.

I have finished the application process for the NatureWings Holidays Ltd IPO, but the funds still need to be debited. What is the reason?

Initially, the bank will only block the amount in your account. The money will not be debited until the stocks are allotted to you.

How do I approve the UPI mandate request for NatureWings Holidays Ltd's IPO?

You must complete the payment process by logging in to your UPI handle and approving the payment mandate.

Can I submit more than one application for the public issue of NatureWings Holidays Ltd using one PAN?

You can submit only one application using your PAN card.