Yatra Online Limited IPO subscription status started on September 15, 2023 and will close on September 20, 2023. Yatra Online to raise around ₹775 crores via IPO. The retail quota is 10%, while QIB is 75% and HNI is 15%. The price band is fixed at ₹135 to ₹142 per equity share.
Yatra Online Limited IPO Subscription Status
| Category | Subscription |
| QIB | 2.05 |
| NII | 0.42 |
| bNII (bids above ₹10L) | 0.49 |
| sNII (bids below ₹10L) | 0.27 |
| RII | 2.11 |
| Shareholders | NA |
| Total | 1.61 |
Yatra Online IPO Investor Categories
- Qualified Institutional Buyers (QIB): Financial Institutions, Banks, FIIs, and Mutual Funds
- Non-Institutional Investors(NII): Individual Investors, NRIs, Companies, Trusts, etc.
- Retail Individual Investors (RII): Retail Individual Investors or NRIs
- Employee (EMP): Eligible Employees
- Others: Eligible Shareholders
Yatra Online IPO Review
Yatra Online is an Indian online travel company that provides a platform for travelers to book flights, hotels, buses, and other travel-related services. The company was founded in 2006 and is headquartered in Gurugram, Haryana.
Yatra Online’s IPO opened for subscription on September 15, 2023, and closes on September 20, 2023. The issue price is set at ₹135 to ₹142 per share. The company is offering a total of 775 million shares, of which 4.24 million shares are a fresh issue and 1.22 million shares are an offer for sale.
The proceeds from the IPO will be used to fund the company’s growth initiatives, such as expanding its product offerings, investing in technology, and acquiring new businesses.
Here is a summary of the key factors to consider before investing in Yatra Online’s IPO:
- Company fundamentals: Yatra Online is a leading player in the Indian online travel market. The company has a strong brand name and a large customer base. However, the company has been loss-making in the past few years.
- Valuation: Yatra Online’s IPO is priced at a P/E ratio of around 40, which is higher than its listed peers.
- Risks: The travel industry is cyclical and is susceptible to economic downturns. Yatra Online is also facing increasing competition from other online travel companies.
Overall, Yatra Online’s IPO is a risky investment. Investors should carefully consider the risks before investing.
Here are some of the pros and cons of investing in Yatra Online’s IPO:
Pros:
- Strong brand name and large customer base
- Leading player in the Indian online travel market
- Plans to invest in growth initiatives
Cons:
- Loss-making in the past few years
- High valuation
- Competitive industry
- Cyclical nature of the travel industry