About Yatra Online Limited IPO
Incorporated in 2005, Yatra Online Limited is India’s largest corporate travel services provider in terms of the number of corporate clients. It is also the third-largest online travel company in India and has the largest number of hotel and accommodation tie-ups amongst key domestic online travel agency (OTA) players as on 31 March 2023.
The company has over 21 lakh hotel and accommodation tie-ups, 813 large corporate customers and 49,800 registered SME customers in FY23. Its business strategy caters to B2C (business to consumer) and B2B (business to business, which includes business to enterprise and business to agents).
It also provides online ticketing, booking and ancillary services through its website yatra.com. As of FY23, it provides access to hotels, homestays and other accommodations with ~1,05,600 hotels in 1,490 cities and towns in India and more than two million hotels globally.
The company saw a CAGR rise of 44% in its revenue from operations in the last three fiscal years and an adjusted EBITDA margin of 17% in FY23. Moreover, the Indian travel industry is expected to grow annually at a CAGR of 9% to 11% between FY23 and FY28, which could benefit the company.
And now, Yatra Online Limited is coming out with its initial public offer (IPO). The IPO will be an offer for sale as well as a fresh issue. The money raised through the fresh issue will be utilised for strategic investments, customer acquisition and general corporate purposes. Its shares will be listed on the NSE and the BSE.
Here are key details about the Yatra Online IPO:
A quick look at Yatra Online Limited IPO’s strengths, risks and threats
Risks and threats
Yatra Online Limited IPO details
| Yatra Online Limited IPO date
According to the offer document filed by the company with the SEBI, the Yatra Online IPO’s opening date – in other words, the Yatra Online IPO launch date – will be 15th September 2023. The Yatra Online IPO closing date is 20th September 2023. After this, investors will be updated about the allotment status on 25th September 2023.
Investors, who have been allotted shares, can expect them to be credited to their demat account on 27th September 2023. The Yatra Online IPO listing date is 29th September 2023. The listing date is the date on which the shares of a company get listed on the bourses – NSE and BSE.
| Yatra Online Limited IPO price band
The IPO is an offer for sale as well as a fresh issue. The Yatra Online IPO price band has been set between ₹135 and ₹142 per share. Interested investors can choose a price within this band to apply for the IPO.
The Yatra Online IPO listing price will be determined on 29th September 2023. The listing price is the price at which a company’s shares debut on the stock exchanges.
| Yatra Online Limited IPO lot size
The Yatra Online IPO details have been declared. The Yatra Online IPO lot size is set at 105 shares and an investor can apply for a minimum of 1 lot. Meanwhile, the Yatra Online IPO issue size is approx ₹775 crore.
How to pre-apply for the Yatra Online Limited IPO?
You can pre-apply for the Yatra Online Limited IPO on Upstox. The pre-application for this IPO, which means pre-apply open date, usually begins a day before the IPO opens for subscription.
Follow these steps to pre-apply for the IPO:
How to apply for the Yatra Online Limited IPO?
If you are interested in this investment opportunity but unsure how to apply for the Yatra Online Limited IPO, here we are listing out the steps for you.
When the public issue opens for subscription, one can follow this step-by-step guide on how to apply for the Yatra Online Limited IPO on Upstox:
How to check the Yatra Online Limited IPO allotment status?
When the allotment process is completed, you can check the status of your application on the Upstox app. Share allotment is generally done around five to six days after an IPO closes.
Here’s a step-by-step guide on how to check the Yatra Online Limited IPO allotment status:
Open a demat account with Upstox to apply for the Yatra Online Limited IPO
To apply for the Yatra Online Limited IPO, you need to mandatorily have a demat account. A demat account helps you hold the shares you buy in a dematerialised format. If you don’t have a demat account yet, you can open one with Upstox by visiting our website or by downloading the app.
Here is a step-by-step guide on how to open a demat account with Upstox:
This is all it takes to open a demat account with Upstox. Easy and quick, right?
Upstox – trading app to apply for the Yatra Online Limited IPO
Applying for IPOs with Upstox is extremely easy. The user-friendly interface and top-notch security make Upstox one of the leading trading apps in India.
You can apply for the Yatra Online Limited IPO on Upstox, provided you have a demat account. As mentioned in the previous section, you can simply follow the steps to open a demat account with Upstox. The biggest advantage is that when you apply for an IPO using your Upstox account, the brokerage charges are zero.
In fact, courtesy of its robust features and minimal charges, Upstox is among the most preferred trading apps. Lakhs of Indians trust Upstox as it is a reliable trading platform that makes IPO applications easy.
Pre-applying for the Yatra Online IPO means applying for this public issue before it goes live. Click here to pre-apply for the Yatra Online IPO on Upstox.
You can pre-apply for the Yatra Online IPO from 14th September 2023. Once the IPO goes live, you will receive a UPI mandate. Accept this to block the IPO application amount and successfully place your bid.
You can apply on Upstox’s website and app, once the Yatra Online IPO opens for the subscription.
The Yatra Online IPO launch date is 15th September 2023. The Yatra Online IPO will be open for subscription till 20th September 2023.
The Yatra Online lot size is 105 shares and the minimum investment required is ₹14,175.
The Yatra Online IPO price band is ₹135 – ₹142 per share.
The size of the Yatra Online IPO is approx. ₹775 crore.
You can place up to three bids for an application.
No, the bids have to be placed in one go. If you want to add an additional bid, then you would have to delete your application and re-apply.
If shares are allotted, then they will be credited to your demat account on 27th September 2023.
Yatra Online shares will be on NSE and BSE.
Yatra Online shares’ listing date is 29th September 2023.