Yatra Online IPO GMP Details
Travel Tech Startup Yatra Online IPO
Yatra Online Limited, Founded in 2005, is a comprehensive travel services provider offering a wide range of information, pricing, availability, and booking options for both domestic and international customers. The company specializes in facilitating bookings for domestic and international air travel on Indian and international airlines. Additionally, it offers services for booking bus tickets, rail tickets, and cabs within India. Yatra Online also provides an array of ancillary services, including hotel and accommodation bookings, covering approximately 105,600 hotels across 1,490 cities and towns in India. Globally, it extends its reach to over two million hotels through its website, mobile applications, corporate SaaS platform, and associated platforms.
Yatra Online boasts a network of more than 94,000 hotels and homestays in approximately 1,400 cities throughout India, establishing itself as India’s leading platform for domestic hotel bookings. To further diversify its corporate service portfolio, the company has recently ventured into the freight forwarding business under the name Yatra Freight.
Catering to a wide spectrum of clients, both in the B2B and B2C segments, Yatra Online has successfully targeted educated urban consumers, including India’s most frequent and high-spending travelers. In fiscal 2023, the company has served over 813 corporate customers and more than 49,800 registered SME customers. In terms of gross booking revenue, Yatra Online ranks as the third-largest consumer online travel company (OTC) in India. Additionally, it boasts the highest number of hotel and accommodation tie-ups among major domestic online travel agency (OTA) players, with over 2,105,600 tie-ups.
Objects of the Issue
The company plans to allocate the net proceeds from the issue for the following purposes:
- Strategic investments, acquisitions, and inorganic growth.
- Investment in customer acquisition and retention, technology, and other organic growth initiatives.
- General corporate purposes.
Yatra Online IPO Details
Yatra Online IPO is a Book Built Issue with a total issue size of Rs ₹775 crore. The price of Yatra Online IPO shares ranges from ₹135 to ₹142 per share, and the IPO is set to be listed on both BSE and NSE.
IPO Date | September 15, 2023 to September 20, 2023 |
Listing Date | September 29, 2023 |
Face Value | ₹1 per share |
Price | ₹135 to ₹142 per share |
Lot Size | 105 Shares |
Total Issue Size | [.] shares (aggregating up to ₹775 Cr) |
Fresh Issue | [.] shares (aggregating up to ₹602.00 Cr) |
Offer for Sale | 12,183,099 shares of ₹1 (aggregating up to ₹173 Cr) |
Issue Type | Book Built Issue IPO |
Listing At | BSE, NSE |
Share holding pre issue | 111,894,130 |
DRHP Draft Prospectus: | Click Here |
RHP Draft Prospectus: | Click Here |
Yatra Online IPO Reservation
QIB Shares Offered | Not less than 75.00% of the Net offer |
NII (HNI) Shares Offered | Not more than 15.00% of the Offer |
Retail Shares Offered | Not more than 10.00% of the Offer |
Yatra Online IPO Lot Size
You need a minimum of 105 shares, which amounts to ₹14,910, to participate in the Yatra Online IPO.
Application | Lots | Shares | Amount |
---|---|---|---|
Retail (Min) | 1 | 105 | ₹14,910 |
Retail (Max) | 13 | 1365 | ₹193,830 |
S-HNI (Min) | 14 | 1,470 | ₹208,740 |
S-HNI (Max) | 67 | 7,035 | ₹998,970 |
B-HNI (Min) | 68 | 7,140 | ₹1,013,880 |
Yatra Online IPO Dates
Yatra Online IPO opens on September 15, 2023, and closes on September 20, 2023.
IPO Open Date | Friday, September 15, 2023 |
IPO Close Date | Wednesday, September 20, 2023 |
Basis of Allotment | Monday, September 25, 2023 |
Initiation of Refunds | Tuesday, September 26, 2023 |
Credit of Shares to Demat | Wednesday, September 27, 2023 |
Listing Date | Friday, September 29, 2023 |
Cut-off time for UPI mandate confirmation | 5 PM on September 20, 2023 |
Yatra Online Limited Financial Report
Period Ended | 31 Mar 2021 | 31 Mar 2022 | 31 Mar 2023 |
---|---|---|---|
Assets | 562.91 | 547.78 | 681.25 |
Revenue | 143.62 | 218.81 | 397.47 |
Profit After Tax | -118.86 | -30.79 | 7.63 |
Net Worth | 123.49 | 100.93 | 169.52 |
Reserves and Surplus | – | – | – |
Total Borrowing | 13.11 | 35.86 | 153.07 |
Key Performance Indicator of Yatra Online Ltd
KPI | Values |
---|---|
P/E (x) | 205.8 |
ROE | 18.1% |
ROCE | 26.0% |
Debt/Equity | 0.9 |
EPS (Rs) | 0.69 |
RoNW | 4.50% |
Yatra Online IPO Promoter Holding
THCL Travel Holding Cyprus Limited and Asia Consolidated DMC Pte. Ltd. are the promoters of the company.
Pre Issue Share Holding | 98.59% |
Post Issue Share Holding | – |
Yatra Online 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
Phone: +91 22 44357700
Email: investors@yatra.com
Website: https://www.yatra.com/
Yatra Online IPO Registrar
Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: yatra.ipo@linkintime.co.in
Yatra Online IPO FAQs
What is Yatra Online IPO?
Yatra Online IPO is a main-board IPO comprising [.] equity shares with a face value of ₹1, aggregating up to ₹[.] Crores. The IPO price range is set at ₹135 to ₹142 per share, with a minimum order quantity of 105 shares. The IPO subscription period is from September 15, 2023, to September 20, 2023.
Link Intime India Private Ltd is the registrar for this IPO, and the shares are proposed to be listed on BSE and NSE.
How can I apply for Yatra Online IPO through Zerodha?
Zerodha customers can apply for the Yatra Online IPO online using the UPI payment gateway. To apply through Zerodha, log in to the Zerodha Console (back office), and complete the IPO application form. Follow these steps:
1. Visit the Zerodha website and log in to Console.
2. Go to the Portfolio section and click on the IPOs link.
3. Find the ‘Yatra Online IPO’ row and click the ‘Bid’ button.
4. Enter your UPI ID, Quantity, and Price.
5. ‘Submit’ the IPO application form.
6. Visit the UPI App (net banking or BHIM) to approve the mandate.
When will Yatra Online IPO open for subscription?
The Yatra Online IPO subscription window is set to open on September 15, 2023, and will remain open until September 20, 2023.
What is the lot size for Yatra Online IPO?
The lot size for Yatra Online IPO is 105 shares, requiring a minimum investment of ₹14,910.
How can I apply for Yatra Online IPO?
You can apply for the Yatra Online IPO online using either the UPI or ASBA payment method. ASBA IPO applications are available through your bank’s net banking service. UPI IPO applications are offered by brokers who do not provide banking services. For detailed instructions, please read about applying for IPOs online through Zerodha, Upstox, 5Paisa, Nuvama, ICICI Bank, HDFC Bank, and SBI Bank.
When will the Yatra Online IPO allotment be finalized?
The Basis of Allotment for the Yatra Online IPO is expected to be finalized by Monday, September 25, 2023. Allotted shares will be credited to your demat account by Wednesday, September 27, 2023. You can check the IPO allotment status to verify your allocation.
When is the Yatra Online IPO listing date?
The listing date for the Yatra Online IPO has not been announced yet. The tentative listing date is Friday, September 29, 2023.