Yatra Online LTD. IPO
Dr. Mukul Agrawal
Spreading Financial Literacy To Secure Future Economy of India |1.7M+ on YouTube | FB-621K+ | Insta-321K+| Twitter-215k | Investor | Finance Creator | Founder @Finowings
Are you looking for an opportunity to invest in one of India’s leading online travel companies?
If yes, then you might want to check out the IPO of Yatra Online Limited, which is opening today, September 15, 2023.
The IPO comprises fresh issuance of shares worth Rs 602 crore and an offer-for-sale (OFS) of 1.22 crore equity shares worth Rs 173 crore by the promoter and an investor. The price band for the IPO has been fixed at Rs 135-142 per share. The IPO will close on September 20, 2023.
Yatra Online Limited is a subsidiary of Yatra Online, Inc., which is listed on NASDAQ. The company was established in 2005 and provides information, pricing, availability, and booking facilities for domestic and international customers. The company offers a wide range of travel products and services, such as air ticketing, hotel booking, homestays, bus ticketing, rail ticketing, cab booking, and ancillary services.
The company has a strong presence in the corporate travel segment, with over 813 corporate customers and over 49,800 registered SME customers as of fiscal 2023. The company also recently launched a freight forwarding business called Yatra Freight to further expand its corporate service offerings.
The company has over 94,000 hotels and homestays contracted in approximately 1,400 cities across India as well as more than 2 million hotels around the world. The company is India’s largest platform for domestic hotels.
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The company intends to use the net proceeds from the fresh issue for repayment or prepayment of certain borrowings availed by the company and its subsidiaries; funding working capital requirements; general corporate purposes; and meeting public issue expenses.
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For more details, apply online, and learn more about its products and services.
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What are your thoughts on this IPO? Let me know in the comments below.
Sales head at Kafila hospitality and travel PRIVATE LIMITED | Expert in Technology Solutions and Sales Growth , SAAS Sales Expert, API integration, Whitelabel Solution.
8 个月Dear Tsi yatra pvt ltd I am writing to bring to light an ongoing issue I have been facing with my previous employer, TSI Yatra Pvt Ltd. Despite resigning on June 7th, 2024, my full and final settlement has not yet been released. I have made multiple attempts to resolve this matter amicably through emails and calls, but unfortunately, I have not received any satisfactory response. This delay is causing significant financial inconvenience. I urge TSI Yatra Pvt Ltd to address this matter promptly and process my pending dues without further delay. I believe in maintaining professional integrity and hope this public appeal will encourage TSI Yatra Pvt Ltd to take swift action. I am sharing this experience to highlight the importance of ethical business practices and to remind organizations of their responsibility towards their employees. Thank you for your support. Sincerely, Aditya Kumar Ray Aditya kumar ray 7861972008 [email protected]
SR sales executive
1 年Is there any office branch in Thane location