Yatra Online is about to launch an IPO which will open on September 15, 2023, and close on September 20, 2023. Through this public offer company wants to raise Rs. 775 crore from the primary market, according to the preliminary papers filed to the capital market regulator SEBI.
YATRA ONLINE is the largest corporate travel services provider and 3rd largest online travel company in India. The company has 813 large corporate customers and over 49,000 MSME customer base with the largest hotel and accommodation tie-up over 21 lacs as of March 2023. Yatra.com provides domestic and international flight, bus, train tickets, and ancillary services in India along with access to hotels, and accommodations. In the fiscal year 2023, the company generated Rs. 397.41 Crore in revenue from operations, and Rs. 218.81 crore in the fiscal year 2022.
#Object of Yatra Online IPO
The company proposed to use the IPO Funds for the below-mentioned purposes:
- Strategic investment, acquisitions, etc.
- Investment in customer acquisition and retention, technology and other organic growth, etc.
- General corporate and issue purposes.
#Yatra Online Strength
- Trusted brand
- Comprehensive selection of services
- Large consumer base
- Integrated Tech platform
- Experienced management team
#Yatra Online Forward Statements
- Not identified the acquisition companies
- Negative operating cash flow
- Restated losses in the past
- Dependency on airline ticket business (prime source of income)
#Yatra Online IPO Review & Rating
| Issue Size | Rs. 775 crore |
| Issue Price | Rs. 142 per share |
| Lot size | 105 share |
| Market Capitalization | 2228.21 crore |
| Profit – 2023 | 7.63 crore |
| Total Assets – 2023 | 681.25 crore |
| Debt/Equity ratio | 0.90 |
| NAV Value | 15.04 |
| Promoter holding | 98.59% |
| Listing on Stock Exchanges | Mainboard (BSE & NSE) |
| IPO Deliver Rating | Four |
#Yatra Online IPO Dates, Price Band, Lot Size & Details
| Type of issue | Fresh Issue and offer for Sale (Book Built Issue) |
| Issue Size | Rs. 775 crore |
| Price band | Rs. 135-142 |
| Lot size | 105 share |
| Face Value | Rs. 1 equity shares |
| IPO Open | September 15, 2023 |
| IPO Close | September 20, 2023 |
| IPO Allotment Date | September 25, 2023 |
| Refund Date | September 26, 2023 |
| Listing Date | September 29, 2023 |
| Fresh issue (FOR PUBLIC) | 42,394,366 shares |
| Offer for sale (FOR PROMOTER) | 121,83,099 shares |
#Yatra Online Financials Review (millions)
| Category | March 31, 2023 | March 31, 2022 | March 31, 2021
|
| Revenue from operation | 3,974.65 | 2,188.10 | 1,436.16 |
| Net Worth
|
1,695.23 | 1,009.28 | 1,234.86 |
| Profit after Tax (PAT)
|
76.32 | (307.86) | (1,188.63) |
| Total Borrowings
|
1,530.74 | 358.58 | 131.11 |
#Yatra Online IPO Quantitative Factors
| Category | March 31, 2023 | March 31, 2022 | March 31, 2021 |
| Basic EPS | 0.69 | (2.76) | (11.08) |
| Diluted EPS | 0.69 | (2.76) | (11.08) |
| RoNW | 4.50 | (30.50) | (96.26) |
| NAV | 15.04 | 9.04 | 11.51 |
#Yatra Online IPO Industry peer
There are listed companies available that work in the same segment in India.
| Company | EPS | NAV | RoNW | P/E |
| Easy Trip Planners Ltd | 0.77 | 2.13 | 36.21 | 56.53 |
#Yatra Online Company Promoter Details
- M/s. THCL Travel Holding Cyprus Ltd.
- M/s. Asia Consolidate DMC Pte. Ltd.
- Pre-offer shareholding 98.59 % (112,901,597 equity shares) Post-offer shareholding ……..%
- The average cost of acquisition for promoter: Rs. 138.92 & 185.52 per equity share.
#Yatra Online IPO Pre-offer and Post-Offer Promoters shareholding
Pre-offer promoter (02) & promoter group (0) shareholding 98.59%
Post-offer promoter & promoter group shareholding …………%
#Yatra Online IPO Reservation
Qualified Institutional Investor (QII) Not more than 75% of the offer size i.e 40,933,099
Non-Institutional Investor (NII): Not less than 15% of the offer size i.e 8,186,620 equity shares
Retail Institutional Investor (RII): Not less than 10% of the offer size i.e 5,457,746 equity shares
#Yatra Online IPO – DRHP & RHP
Draft Red Herring Prospectus (DRHP) – Click to view/download
Red Herring Prospectus (RHP) – Click to view/download
#Yatra Online IPO Registrar
Link Intime India Private Limited (Mumbai)
Tel: +91-22 810 811 4949, Email: yatra.ipo@linkintime.co.in
Website: www.linkintime.co.in
#Yatra Online IPO lead manager
#1. SBI Capital Markets Limited (Mumbai)
Tel: +91-22 4006 9807, Email: yatra.ipo@sbicaps.com
Website: www. sbicaps.com
#2. DAM Capital Advisors Limited (Mumbai)
Tel: +91-22 4202 2500, Email: yatra.ipo@damcapital.in
Website: www.damcapital.in
#3. IIFL Securities Limited (Mumbai)
Tel: +91-22 4646 4728, Email: yatra.ipo@iiflcap.com
Website: www.iiflcap.com
#Yatra Online IPO Application
Option-1 Apply for IPO through Internet Banking
- Log into your bank account.
- In the invest Tab, you will see ASBA, click on it.
- Choose to apply for IPO and select the ongoing IPO “Yatra Online Limited”
- Enter the basic details like bid quantity, price, PAN, etc. then proceed with payment.
- After the above steps the respective amount will get blocked till the allotment date and after it will get a refund/debited in case of rejection/allotment respectively.
Option-2 Apply for IPO through a Broker
- Log into your broker account (Upstox/Zerodha etc.)
- Click on the IPO tab and select the ongoing IPO “Yatra Online Limited”
- Enter the basic details like bid quantity, price, PAN, etc. then enter UPI ID and proceed with payment.
- Your funds will get blocked, and once shares have been allotted to you, the respective amount will get debited from your account or refunded in case no allotment is made to you.
Option-3 Apply for IPO Offline Mode Bank mode
- Visit the nearest branch of your bank
- Fill out the ASBA form and submit it with KYC details
- Your funds will get blocked, and once shares have been allotted to you, the respective amount will get debited from your bank account or refunded in case no allotment is made to you.
Option – 4 Apply for IPO through Stock Exchanges
NSE Form – Click to download
BSE Form – Click to download
Submit the form with your bank/broker.
#Yatra Online Company Details
Yatra Online Limited (Established 2005)
Regd. Office: B2/101, 1st Floor, Marathon Innova, Marathon Nextgen Complex B Wing, G. Kadam Marg, Opp. Peninsula Corp Park, Lower Parel (W), Mumbai – 400013, Maharashtra; India
Tel: +91 22 4435 7700 & Email: investor@yatra.com
Website: www.yatra.com
Investor Grievances/Compliance Officer: Mr. Darpan Batra
Subsidiary Companies:
- Yatra Corporate Hotel Solutions Private Limited
- TSI Yatra Private Limited
- Yatra TG Stays Private Limited
- Yatra Hotel Solutions Private Limited
- Yatra for Business Private Limited
- Yatra Online Freight Service Private Limited
- co.in Private Limited
#Yatra Online Company Board (Top-3)
Mr. Dhruv Shringi, Managing Director and CEO
Mr. Murlidhara Kadaba, None- Executive Director
Mrs. Neealam Dhawan, Non-Executive Director
# Yatra Online IPO – Frequently Asked Questions (FAQ’s)
Q-1 what is Yatra Online IPO Open date?
Ans: Yatra Online IPO opening date is September 15 – September 20, 2023.
Q-2 what is Yatra Online IPO Close date?
Ans: Yatra Online IPO closing date is September 20, 2023
Q-3 what is Yatra Online IPO Listing date?
Ans: Yatra Online IPO listing date is September 29, 2023
Q-4 What is Yatra Online IPO Minimum investment amount?
Ans: Yatra Online IPO minimum investment amount is Rs. 14,910.
Q-5 What is Yatra Online IPO offer issue Size?
Ans: Yatra Online offer an issue size of Rs. 775 crore, which comprise fresh issue and offer for Sale.
Q-6 What is Yatra Online IPO Price Band?
Ans: Yatra Online’s IPO price band is Rs. 142 per share.
Q-7 Is any similar segment/sector listed company in India?
Ans: Yes
Q-8 Is this mainboard IPO or SME IPO?
Ans: Yatra Online IPO is a Mainboard IPO.
Q-9. What is Yatra Online’s promoter name?
Ans: Yatra Online’s Promoter Company name is THCL Travel Holding Cyprus Ltd. And Asia Consolidate DMC Pte. Ltd.
Q-10 Yatra Online IPO Rating by IPO Deliver Team?
Ans: Four Rating
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