Yatra Online IPO
Yatra Online IPO

₹14,910 / 105 shares

Issue Date

--

Price Range

₹142

Lot Size

105

IPO Size

₹775.00 Cr

Yatra Online IPO Listing Details

Listing On

28 Sep'23

Issue Price

--

Listed Price

₹ 127.5

Retail Gain/Listing Gain

-10.21%

Schedule of Yatra Online IPO

Start date

End date

Allotment of bids

Refund Initiation

Listing on exchange

28/09/2023

Yatra Online Ltd. is India’s largest corporate travel services provider in terms of the number of corporate clients, and is also the third largest online travel company in India among key Online Travel Agency (OTA) players in terms of gross booking revenue and operating revenue, for Fiscal Year 2023. The company also has the largest number of hotel and accommodation tie-ups amongst key domestic OTA players, with over 2,105,600 tie-ups, as of 31st March 2023 (Source: CRISIL Report).

The company caters to leisure and business travellers through its mobile applications, website, and other offerings and services to explore, research, compare prices and book a wide range of travel-related services. These services include domestic and international air ticketing on nearly all Indian and international airlines, as well as bus ticketing, rail ticketing, cab bookings and ancillary services within India. The company also provides access to hotels, homestays and other accommodations, with about 105,600 hotels in 1,490 cities and towns in India, as of Fiscal 2023 and more than two million hotels globally, which is the highest hotel inventory amongst key Indian OTA players (Source: CRISIL Report).

Yatra Online is simultaneously the leading corporate travel service provider in India with 813 large corporate customers and over 49,800 registered SME customers, and the third largest consumer online travel company (OTC) in the country in terms of gross booking revenue for Fiscal 2023 (Source: CRISIL Report).

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  • Any negative operating cash flows in the future would adversely affect growth plans.
  • The company has had restated losses in the past. Any losses in the future could adversely affect the financial condition, results of operations and cash flows.
  • The company is dependent on its airline ticketing business, which generates a significant percentage of its revenues and is derived from a small number of airline suppliers in India.

Here are a few strategies Yatra Online Limited has for its business:

  • Grow their customer base using cost-effective technology solutions.
  • Grow “share of wallet” with existing customers—leverage the multi-channel approach and loyalty programs.
  • Strengthen the focus on corporate business.
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How to apply for IPO through ASBA

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The Yatra Online IPO opens for subscription from [-] to [-], with a total issue size of ₹775.00 Cr. The IPO price band is ₹142 to ₹0 per share with a lot size of 105. The company aims to list the shares on BSE & NSE on 28-09-2023.

The Yatra Online IPO will open for subscription on [-] and will close on [-] for investors.

The minimum lot size for the Yatra Online IPO is 105 equity shares, requiring a minimum investment of ₹14910 for retail investors applying in the IPO.

The price band of the Yatra Online IPO has been fixed at ₹142 to ₹0 per equity share.

You can apply for the Yatra Online IPO online through the Kotak Neo Website or the Kotak Neo App using UPI or ASBA during the IPO subscription period.

Yatra Online IPO allotment will take place on [-].

You can check the Yatra Online IPO allotment status online on the registrar’s website or on the NSE and BSE IPO allotment pages using your application number, PAN, or demat account details.

Yatra Online shares will list on the stock exchanges on 28-09-2023.

The Yatra Online Limited IPO has an issue size of Rs. 775 crores. The IPO opens for subscription on 15th September and closes on 20th September 2023.

Link Intime India Private Limited is the registrar for this IPO.

You may read more about Yatra Online Limited and its IPO from the company’s red herring prospectus (RHP) here: Yatra Online Limited RHP.