Home » Yatra Online IPO

Last Updated on December 28, 2023 by BFSLTeam BFSLTeam

Yatra Online IPO

Yatra Online Limited is a well-known and trusted online travel service provider in India. It offers holiday packages and seeks to become a ‘one-stop shop’ for its target customers. The online platform was created with security, scalability, dependency, integration and innovation in mind. 

The company aims to use the net proceeds from its IPO for strategic investments, inorganic growth and acquisitions. It also aims to invest in customer acquisition and retention, organic growth initiatives and technology. 

In this blog, we have covered some of the important details you need to know before investing in this IPO. 

Also Read: How does an IPO work?

IPO Details

Yatra Online IPO will open on September 15, 2023 and close on September 20, 2023. The price of IPO is Rs. 135 to Rs. 142 per share. Let’s look at the key details of Yatra Online IPO: 

IPO Open DateSeptember 15, 2023 
IPO Close DateSeptember 20, 2023 
Issue TypeBook Built Issue IPO 
Face ValueRs. 1 per share
Price BandRs. 135 to Rs. 142 per share
Minimum Lot Size105 Shares 
Total Issue SizeRs. 775 crore
Fresh IssueRs. 602 crore 
Offer for Sale12,183,099 equity shares 
Listed onNSE, BSE 

About the Company 

Yatra Online Limited is a major online travel company in India that strives to offer the ‘best in class’ experience for its customers. Business and leisure travellers can use the official website and mobile applications of Yatra Online Limited to conduct research before availing a wide range of services. 

Some of the comprehensive travel-related services which Yatra Online offers include domestic and international air ticketing, homestays, hotel bookings, holiday packages, bus and rail ticketing and ancillary services. Yatra Online has agreements with nearly 1,03,000 hotels across India which makes it the largest platform for domestic hotels. 

The fact that it has a strong mobile ecosystem for a wide range of travellers and suppliers is one of its major benefits. Its technology platform is quite strong and has been designed especially to support a high level of innovation and scalability. The company also boasts of an experienced management team comprising industry executives with considerable experience in the tourism industry. 

People who have plans to invest in the tourism industry can consider studying the strengths and risks of Yatra Online Limited in the following sections. 

Also Read: IPO investment strategy

IPO Tentative Timeline 

Let’s take a look at the tentative timeline of the Yatra Online IPO: 

IPO Open Date Friday, September 15, 2023
IPO Close Date Wednesday, September 20, 2023
Cut-off time for UPI mandate confirmation5 p.m. on September 20, 2023
Basis of Allotment Monday, September 25, 2023
Initiation of Refunds Tuesday, September 26, 2023
Credit of Shares to accounts Wednesday, September 27, 2023
Listing Date Friday, September 29, 2023

IPO Lot Sizes 

Here are the details of Yatra Online IPO lot sizes: 

ApplicationsLotsSharesAmount
Retail (min)1105Rs. 14,910
Retail (max)131,365Rs. 1,93,830
S-HNI (min)141,470Rs. 2,08,740
S-HNI (max)677,035Rs. 9,98,970
B-HNI (min)687,140Rs. 10,13,880

Company Financials 

The following table covers the important financial data of Yatra Online Ltd:

ParticularsFor the Financial Year Ending (in Rs. Million)
March 31, 2023March 31, 2022March 31, 2021
Total Assets6,812.505,477.815,629.08
Total Liabilities5,117.274,468.534,394.22
Total Expenses3,851.872,449.742,104.19
Total Revenue3,974.652,188.101,436.16
Profit/Loss After Tax76.32(307.86)(1,188.63)
EBITDA510.8841.61(569.82)

Strengths of the Company 

Let’s check the strengths of Yatra Online Limited. These factors provide a competitive edge to the company: 

  • Yatra Online is a highly trusted brand which holds a long track record of targeted marketing strategy. 
  • Its synergistic multi-channel platform for both business and leisure travellers is well-known among Indian users. 
  • The company boasts of a large and loyal customer base. 
  • It has a comprehensive selection of product and service offerings. 
  • Yatra Online Limited boasts of an integrated technology platform. 
  • It has the largest inventory of domestic hotels and has strong corporate relationships. 
  • The management team is experienced and holds a good record. 

Risks Involved 

It would be wise to take into account the risks involved as well. Here are the main risks involved with the company: 

  • The travel industry in India is highly competitive and Yatra Online Limited may not be able to keep up. 
  • The business remains exposed to Indian travel industry-specific risks such as restructurings, bankruptcies, consolidations and the creditworthiness of its partners. 
  • Yatra Online’s business is highly dependent on the airline ticketing business which generates a substantial portion of its revenue. Its business will suffer greatly if the airline ticketing business sees a fall. 

Also Read: Risk of investing in IPO

Summary 

Going through the RHP of Yatra Online Limited IPO is important to make a sound investment decision. But, if you don’t have time to do so, give this blog a quick read. You’ll get to know the required details.

Visited 128 times, 1 visit(s) today

Leave a Reply

Your email address will not be published. Required fields are marked *