Yatra Online Limited IPO Detail
Incorporated in 2005, Yatra Online Limited provides information, pricing, availability, and booking facilities for domestic and international customers.
The company provides domestic and international air ticketing on Indian and international airlines, as well as bus ticketing, rail ticketing, cab bookings, and ancillary services within India, hotels, homestays, and other accommodations bookings, with about 105,600 hotels in 1,490 cities and towns in India, as on Fiscal 2023 and more than two million hotels globally through its website yatra.com, mobile applications, corporate SaaS platform, and other associated platforms.
Yatra Online has over 94,000 hotels and homestays contracted in approximately 1,400 cities across India as well as more than 2 million hotels around the world. The company is India's largest platform for domestic hotels. Yatra Online recently launched a freight forwarding business called Yatra Freight to further expand its corporate service offerings.
The company's clientele includes both B2B and B2C customers, this enables the company to target India's most frequent and high-spending travelers, namely, educated urban consumers. As of fiscal 2023, the company has over 813 corporate customers and over 49,800 registered SME customers and is the third largest consumer online travel company (OTC) in the country in terms of gross booking revenue as well as has the largest number of hotel and accommodation tie-ups amongst key domestic OTA players of over 2,105,600 tie-ups.
Company Promoters
THCL Travel Holding Cyprus Limited and Asia Consolidated DMC Pte. Ltd.IPO Details
IPO Opening Date | Sep 15, 2023 |
IPO Closing Date | Sep 20, 2023 |
Issue Type | Book Built Issue IPO |
Face Value | ₹1 per equity share |
IPO Price | ₹135 - 142 per equity share |
Market Lot | 105 Shares |
Min Order Quantity | 105 Shares |
Listing At | BSE, NSE |
Issue Size | ₹775.00 Cr |
Fresh Issue | ₹602.00 Cr |
Offer for Sale | ₹602.00 Cr |
Retail Portion | 10% |
IPO Subscription (Bidding Detail)
AS On | QIB | SHNI | BHNI | NII | RII | TOTAL |
---|---|---|---|---|---|---|
Day 1 | 0.00x | - | - | 0.03x | 0.59x | 0.12x |
Day 2 | 0.07x | - | - | 0.10x | 1.41x | 0.32x |
Day 3 | 2.10x | - | - | 0.43x | 2.19x | 1.66x |
IPO Tentative Timetable
The Yatra Online Limited IPO open date is Sep 15, 2023, and the close date is Sep 20, 2023. The issue may list on Sep 29, 2023.
IPO Open Date | Sep 15, 2023 |
IPO Close Date | Sep 20, 2023 |
Basis of Allotment Date | Sep 25, 2023 |
Initiation of Refunds | Sep 26, 2023 |
Credit of Shares to Demat Account | Sep 27, 2023 |
IPO Listing Date | Sep 29, 2023 |
IPO Lot Size
The Yatra Online Limited IPO market lot size is 105 shares. A retail-individual investor can apply for up to 13 lots (1365 shares or ₹193830).
Application | Lots | Shares | Amount (Cut-off) |
---|---|---|---|
Minimum | 1 | 105 | ₹14910 |
Maximum | 13 | 1365 | ₹193830 |
IPO Promoter Holding
Pre Issue Share Holding | 98.59% |
Post Issue Share Holding |
Company Financials:
For the year/period ended (₹ in Cr.)
Financial Year | Total Assets | Total Revenue | Profit After Tax |
---|---|---|---|
31-Mar-21 | 562.91 | 143.62 | -118.86 |
31-Mar-22 | 547.78 | 218.81 | -30.79 |
31-Mar-23 | 681.25 | 397.47 | 7.63 |
Objects of the Issue:
Objects of the Issue
The company intends to utilize the net proceeds from the issue towards the funding of the following objects:
- Strategic investments, acquisitions, and inorganic growth,
- Investment in customer acquisition and retention, technology, and other organic growth initiatives, and
- General corporate purposes.
Yatra Online Limited IPO Registrar:
Link Intime India Private Ltd
Yatra Online Limited IPO Lead Manager(s):
SBI Capital Markets Limited Dam Capital Advisors Ltd (Formerly Idfc Securities Ltd) Iifl Securities Ltd
Company Contact Information:
Yatra Online Limited
B2/101, Marathon Innova, Marathon Nextgen
Complex B Wing, G. Kadam Marg, Opp. Peninsula
Corp Park, Lower Parel (W), Mumbai – 400013