Yatra Online IPO is scheduled to hit the market on September 14, 2023 and close on September 18, 2023. Yatra Online plans to raise around ₹563.38 Cr through an IPO with a sale of up to 34,352,255 equity shares of ₹1 each. The retail quota is 10%, QIB is 75%, and HNI is 15%.
Established in 2005, Yatra Online Limited serves as a comprehensive platform offering information, pricing, availability, and booking services to both domestic and international customers. The company facilitates a wide range of travel-related services, including domestic and international flight bookings on various airlines, bus and rail ticket reservations, cab bookings, and ancillary services across India. .
Additionally, Yatra Online Limited handles hotel, homestay, and accommodation bookings, boasting a portfolio of approximately 105,600 hotels across 1,490 Indian cities and towns as of Fiscal 2023. Furthermore, they extend their reach to a global audience, with access to over two million hotels worldwide through their website, mobile applications, corporate SaaS platform, and associated platforms.
Yatra Online IPO Details
Yatra Online IPO opens on Sept 15, 2023, and closes on Sep 20, 2023. The Listing date for Yatra Online IPO is on Sep 29, 2023. The price band for IPO is ₹135 to ₹142 per share and lot size of 105 shares.
| IPO Date | Sept 15, 2023 to Sept 20, 2023 |
| Listing Date | Sept 29, 2023 |
| Price | ₹135 to ₹142 per share |
| Lot Size | 105 Shares |
| Issue Size | ₹ |
| Face Value | ₹1 per share |
Yatra Online IPO Tentative Timetable
Yatra Online opening date is September 15, 2023 and close date is September 20, 2023. The IPO allotment date is September 25, 2023. The refund initiation of IPO is on September 26, 2023. The credit of shares in demat account is on September 27, 2023. The listing date is on September 29, 2023.
| Event | Date |
|---|---|
| IPO Opening | Sept 15 2023 |
| IPO Closing | Sept 20, 2023 |
| IPO Allotment Date | Sept 25, 2023 |
| Refund Initiation | Sept 26, 2023 |
| Shares Credit to Demat | Sept 27, 2023 |
| Lisiting Date | Sept 29, 2023 |
Yatra Online IPO Lot Size
Lot Size of this IPO is 105 shares. A retail-individual investor can apply for up to 13 lots (1365 shares or ₹193,830).
| Category | Lots | Shares | Amount |
|---|---|---|---|
| Retail(Minimum) | 1 | 105 | ₹14,910 |
| Retail(Maximum) | 13 | 1365 | ₹193,830 |
| S-HNI (Minimum) | 15 | 1470 | ₹208,740 |
| B-HNI (Minimum) | 68 | 7140 | ₹1,013,880 |
Yatra Online IPO Promoter Holding
| Pre Issue Share Holding | 98.59% |
| Post Issue Share Holding |
Yatra Online IPO Review
Yatra Online Ltd. (YOL), India’s largest corporate travel service provider, is poised to go public with a combo IPO. Despite reporting losses for FY21 and FY22, the company turned a profit in FY23. However, based on its FY23 financial performance, the IPO is seen as exorbitantly priced. YOL has also experienced high attrition rates in recent years, which is a cause for concern. Given these factors, potential investors might consider passing on this costly opportunity.
YOL offers a comprehensive suite of travel and hospitality services and is strategically focused on both corporate and consumer markets. Its vast network of corporate and SME clients positions it as a prominent player in the Indian travel market. While the IPO presents an opportunity for investment, it’s essential to weigh the risks associated with the company’s financial history and attrition rates.
In December 2022, YOL conducted a pre-IPO placement, reducing the fresh equity issue portion of the IPO. The IPO is scheduled for September 2023, with the offer document covering financial data up to March 31, 2023. Potential investors should carefully evaluate the financials, pricing, and attrition rates before deciding to participate in this IPO..
Yatra Online IPO Subscription Status (Bidding Details)
| Investor | Subscription |
|---|---|
| Qualified Institutions (QII) | 0 |
| Non-Institutional Buyers | 0 |
| bNII (bids above ₹10L) | 0 |
| sNII (bids below ₹10L) | 0 |
| Retail Investors(RII) | 0 |
| Employees | 0 |
| Others | 0 |
| Total | 0 |
Yatra Online IPO Broker Recommendations
- Capital Market: To be updated soon
- Anand Rathi: To be updated soon
- SMC Global: To be updated soon
- Arihant Capital: To be updated soon
Yatra Online IPO FAQs
What is Yatra Online IPO?
Yatra Online is issuing … equity shares with a face value of ₹1 each, totaling up to ₹…. Cr. The shares are being offered at a price of ₹135 to ₹142 each, with a minimum order quantity of 105 shares.
Link Intime India Private Ltd is the registrar for the IPO, and the shares are planned to be listed on the BSE and NSE.
When Yatra Online IPO will open?
Yatra Online will open on September 15, 2023 for QIB, NII, and Retail Investors.
When Yatra Online IPO will end?
Yatra Online will end on September 20, 2023.
What is Yatra Online IPO Size?
Yatra Online IPO size is … Cr.
What is Yatra Online IPO Price Band?
Yatra Online price band is ₹135 to ₹142.
What is the Yatra Online IPO Allotment Date?
Yatra Online allotment date is 25 September 2023.
What is the Yatra Online IPO Listing Date?
Yatra Online listing date is 29 September 2023. The IPO is to be listed on BSE and NSE.
How to Apply Yatra Online IPO through Zerodha?
To apply for the IPO “Yatra Online” on Zerodha, log in to the Zerodha website or app, go to the Portfolio section, and click on IPO. Then, click on the “Apply” button and enter your UPI ID, the desired quantity, and the price. Submit the IPO application form and then approve the mandate on your UPI app. To complete the process, you should have an demat account. If you don’t have one, open a demat account with Zerodha.
How to Apply Yatra Online IPO through Upstox?
To apply for the IPO “Yatra Online” on Upstox, log in to the Upstox website or app, click on IPO. Then, click on the “Apply” button and enter your UPI ID, the desired quantity, and the price. Submit the IPO application form and then approve the mandate on your UPI app. To complete the process, you should have an demat account. If you don’t have one, open a demat account with Upstox.
How to check Yatra Online IPO Allotment Status?
For Yatra Online IPO Allotment status check you can visit this link, select the desired IPO and enter your PAN to check the allotment status.
What is Yatra Online IPO GMP?
You can check out here: Yatra Online IPO GMP