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Yatra Online Limited IPO : All You Need To Know

Yatra Online Limited IPO is set to launch on 15 September, 2023. The company initiated its business operations in the year 2005. It provides information for prices, booking, availability etc for domestic and international costumers. The company has various services under its website and application like air tickets booking, rail ticketing, bus ticketing, cab bookings and much more. It also books homestays, hotels and other accommodations. The company;s presence is there in more than 105600 hotels and 1490 cities pan India. The company has tied up with a total of 2 million hotels around the world. It has more than 800 corporate customers and 49800 SME customers.

Yatra Online Limited IPO DETAILS

Yatra Online Limited IPO is set to launch on 15 September, 2023. The subscription timeline extends till 20 September, 2023. The size for the IPO is 775 Crore Rs. Shares issued through fresh issue mode are worth 602 Crore Rs. Shares issued through offer for sale mode are worth Rs 173 Crore. The lot size is 105 shares and the price is 135 to 142 Rs per share. The company is going to get listed at both NSE and BSE. The face value per share is Re.1 and this is a Book Built issue. The registrar for the company is Link Intime India Private Limited.

Tabular Description of Yatra Online Limited IPO

IPO OPENING DATE	15 September, 2023
CLOSING DATE FOR IPO	20 September, 2023
ISSUE TYPE	Book Built Issue
Face Value per share	1 Re. per share
IPO price band	135 Rs. to 142 Rs. per share
LOT SIZE	105 shares
MINIMUM ORDER QUANTITY	105 shares
ISSUE SIZE	775 Crore Rs.
OFFER FOR SALE	173 Crore Rs.
FRESH ISSUE	602 Crore Rs.
LISTING AT	NSE, BSE
LISTING DATE	29 September, 2023

Yatra Online Limited IPO : IMPORTANT DATES

IPO OPENING DATE	15 September, 2023
CLOSING DATE FOR IPO	20 September, 2023
IPO ALLOTMENT DATE	25 September, 2023
REFUNDS	26 September, 2023
DEMAT A/C CREDITED ON	27 September, 2023
IPO LISTING DATE	29 September, 2023

Yatra Online Limited IPO begins for subscription from 15 September 2023. The IPO subscription would continue till 20 September, 2023. The allotment status for the shareholders who applied would come on 25 September, 2023. The refunds for the ones who did not get allotment would be initiated on 26 September, 2023. The DEMAT accounts of shareholders would be credited on 27 September, 2023. The listing of the company would be completed on 29 September, 2023.

Yatra Online Limited IPO : Lead Managers

The lead managers are :

DAM Capital Advisors Limited
SBI Capital Markets Limited
IIFL Securities Limited

The minimum lot size for the company is decided at 105 shares. This holding accounts to 14910 Rs.. The maximum lot size is decided at 1365 shares. This amounts to 193830 Rs.. Hence the company’s final holdings would be set as :

	Shares	Amount
Minimum	105 shares	14910 Rs.
Maximum	1365 shares	193830 Rs.

OBJECTIVES FOR THE IPO

IPO proceeds would be used for general corporate purposes.
The company will use the IPO money for further working capital requirements.

COMPANY FINANCIALS

Particularly (in Crore Rs.)	2020-21	2021-22	2022-23
ASSETS	562	547	681
Revenue	143	218	397
PAT	(-118)	(-30.7)	7.63

Yatra Online Limited had an asset base of 562 Crore Rs in 2021 which decreased to 547 Crore rs in 2022. The asset base then increased to 681 Crore rs in 2023. The revenue of the firm was 143 Crore Rs in 2021 which increased to 218 Crore Rs in 2022 and 397 Crore Rs in 2023. The company was in loss for the past 2 years. The loss for 2021 was 118 Crore Rs and that for 2022 was 30.7 Crore Rs, However in 2023 the company turned profitable by earning 7.63 Crore Rs.

PROS

The company has various services under its website and application like air tickets booking, rail ticketing, bus ticketing, cab bookings and much more.
It also books homestays, hotels and other accommodations. The company’s presence is there in more than 105600 hotels and 1490 cities pan India.
The company has tied up with a total of 2 million hotels around the world. It has more than 800 corporate customers and 49800 SME customers.

CONS

The company works in a highly competitive segment.

Yatra Online Limited IPO Application Process with Zerodha

It is very easy to apply for an IPO now if you have a DEMAT account with Zerodha. Follow the steps below for the same :

Logging into Zerodha console through its website or KITE platform. Clicking the IPO section present in the ORDER tab.
Click the Yatra Online Limited IPO button and press the BID button.
Entering the details asked for like UPI ID, Quantity and price.
Submit the application form for the IPO.
Visiting the application of UPI for approving the transaction.

Now, applying for an IPO online is possible with most of the Discount and online brokers.

dhairya@socialcoffee.in