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Yatra Online IPO GMP, Price, Dates & Allotment Details 2023

Yatra Online IPO GMP, Price, Dates & Allotment Details 2023

Introduction

The Yatra Online IPO will open on September 15 and close on September 20, 2023. As per the DRHP filed with SEBI, the company intends to raise approximately ₹ 775 crore through this public offering, consisting of 54,577,465 shares with a face value of ₹ 1 each, which will be issued at a price of ₹ 135 to ₹ 142 per share.

Yatra Online Limited (“the Company”)

Yatra Online Ltd. was incorporated in 2005. It is India’s largest corporate travel services provider and the second-largest online travel company in India among key OTA players in terms of gross booking revenue and operating revenue for fiscal 2020. The company had the largest number of hotel and accommodation tie-ups amongst key OTA players, with over 2,094,000 tie-ups as of October 29, 2021.

This is the leading corporate travel service provider in India, with approximately 700 large corporate customers and over 46,000 registered SME customers, and the second largest consumer online travel company (OTC) in the country in terms of gross booking revenue for Fiscal 2020. It also had over 28,000 travel agents in more than 840 cities across India as of September 30, 2021.

Company Key Metrics

Earning Per Share (EPS)₹ 0.69 per Equity Share
Debt to Equity Ratio0.9
ROE18.10%
ROCE26%
Return on Net Worth (RoNW)4.50%

Objects of the Issue,

The company proposes utilising the Fresh Issue’s net proceeds towards funding the following objects:

  1. Strategic investments, acquisitions, and inorganic growth,
  2. Investment in customer acquisition and retention, technology, and other organic growth initiatives, and
  3. General corporate purposes.

Financial Highlights (Restated)

ParticularsFY 2022-23FY 2021-22FY 2020-21
Net Worth169.52100.93123.49
Total Assets681.25547.78562.91
Total Borrowings153.0735.8613.11
Total Revenue397.47218.81143.62
Profit After Tax7.63-30.79-118.86
(Amount in ₹ Crore)

IPO details

Issue TypeBook Built Issue IPO
IPO Price₹ 135 to ₹ 142 per share
Face Value₹ 1 per share
Market Lot105 Shares
Issue Size54,577,465 shares (aggregating up to ₹ 775 crores)
Fresh Issue42,394,366 shares (aggregating up to ₹ 602 crores)
Offer for Sale12,183,099 shares (aggregating up to ₹ 173 crores)
Listing AtNSE and  BSE

IPO Reservation

CategoriesNo. of shares offered
QIB shares offeredNot more than 75% of the net offer
NII (HNI) shares offeredNot less than 15% of the offer
Retail shares offeredNot less than 10% of the offer

Anchor Investors 

A total of 245,59,860 shares are offered to Anchor investors. The Anchor Investor lock-in period for 50% of equity shares is November 8, 2023, and February 5, 2024, for the remaining portion.

Anchor Investor Bid DateSeptember 14, 2023
Anchor Portion Size₹ 348.75 crores (Shares offered * Upper Price)
Anchor lock-in period end date (50% Shares) November 8, 2023 (30 Days)
Anchor lock-in period end date (remaining shares)February 5, 2024 (90 Days)

GMP: Yatra Online IPO

GMP, or grey market premium, is available on this page. The IPO GMP is updated on a day-to-day basis during the running period of the IPO, due to which the GMP rates fluctuate and stabilise after some time. GMP rates are not 100% guaranteed. Please click here for GMP details.

Tentative Dates: Yatra Online IPO

The issue opens for subscription on September 15, 2023, and closes for subscription on September 20, 2023 (both days inclusive). The basis of allotment will be finalised on September 25, 2023, and the refunds will be initiated on September 26, 2023. In addition, the demat credits are expected to happen on September 27, 2023, and the stock will be listed on the NSE and BSE on September 29, 2023. The UPI mandate confirmation cut-off time is 5:00 PM on the issue closing day.

Opening DateSeptember 15, 2023
Closing DateSeptember 20, 2023
Basis of AllotmentSeptember 25, 2023
Initiation of RefundsSeptember 26, 2023
A credit of shares to Demat A/cSeptember 27, 2023
Listing DateSeptember 29, 2023

Lot Size

The lot size of the Yatra Online IPO is 105 shares. A retail-individual investor can apply for up to 13 lots, i.e. 1,365 shares of ₹ 193,830.

ApplicationsLotsSharesAmount 
Retail (Minimum)1105₹ 14,910
Retail (Maximum)131,365₹ 193,830
S-HNI (Minimum)141,470₹ 208,740
S-HNI (Maximum)677,035₹ 998,970
B-HNI (Minimum)687,140₹ 1,013,880

Promoters Holdings 

THCL Travel Holding Cyprus Limited and Asia Consolidated DMC Pte. Ltd. are the promoters of the company.

Pre-issue Shares Holdings98.59%
Post-issue Shares Holdings

Miscellaneous Information

Download Prospectus (PDF)IPO DRHP
Company Contact InformationYatra 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: [email protected]
Website: https://www.yatra.com/
IPO RegistrarLink Intime India Private Ltd
Phone: +91-22-4918 6270
Email: [email protected]
Website: https://linkintime.co.in/mipo/ipoallotment.html
IPO Lead Manager(s)• SBI Capital Markets Limited
• Dam Capital Advisors Ltd (Formerly
• IDFC Securities Ltd) IIFL Securities Ltd

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