Yatra Online IPO: Here's all you need to know

Yatra Online IPO: Here's all you need to know Markets {"selector":".custom-animation","duration":"4s","easing":"ease-out","keyframes":[{"transform":"scale(2)"},{"transform":"scale(1.5)"},{"transform":"scale(1)"}]}

The <span class='webrupee'>₹</span>775 crore initial public offering (IPO) of Yatra Online opened for bidding on September 15 and will close on September 20. {"selector":".custom-animation","duration":"4s","easing":"ease-out","keyframes":[{"transform":"scale(2)"},{"transform":"scale(1.5)"},{"transform":"scale(1)"}]}

The online travel service firm has decided a price band in the range of rupees 135-142 per share for the issue. {"selector":".custom-animation","duration":"4s","easing":"ease-out","keyframes":[{"transform":"scale(2)"},{"transform":"scale(1.5)"},{"transform":"scale(1)"}]}

Yatra Online IPO comprises a fresh issuance of 4.23 crore shares aggregating up to rupees 602 crore. {"selector":".custom-animation","duration":"4s","easing":"ease-out","keyframes":[{"transform":"scale(2)"},{"transform":"scale(1.5)"},{"transform":"scale(1)"}]}

It also has an offer for sale (OFS) of up to 1.22 crore shares by a promoter and existing investor worth rupees 173 crore. {"selector":".custom-animation","duration":"4s","easing":"ease-out","keyframes":[{"transform":"scale(2)"},{"transform":"scale(1.5)"},{"transform":"scale(1)"}]}

Investors can bid in a minimum bid of 105 equity shares, and in multiples therafter. Hence, one lot will cost the investors rupees 14,910. {"selector":".custom-animation","duration":"4s","easing":"ease-out","keyframes":[{"transform":"scale(2)"},{"transform":"scale(1.5)"},{"transform":"scale(1)"}]}

Easy Trip Planners is the only listed peer of Yatra with a P/E ratio of 56.53. {"selector":".custom-animation","duration":"4s","easing":"ease-out","keyframes":[{"transform":"scale(2)"},{"transform":"scale(1.5)"},{"transform":"scale(1)"}]}

In FY23, the company's revenue grew 81% to 397 cr and profit came in at 7.6 crore as against a loss of 30.7 crore a year ago. {"selector":".custom-animation","duration":"4s","easing":"ease-out","keyframes":[{"transform":"scale(2)"},{"transform":"scale(1.5)"},{"transform":"scale(1)"}]}

The finalisation of the basis of allotment will be done on Sept 25 and it will likely be listed on bourses on Sept 29. {"selector":".custom-animation","duration":"4s","easing":"ease-out","keyframes":[{"transform":"scale(2)"},{"transform":"scale(1.5)"},{"transform":"scale(1)"}]}

Click here to know more about Yatra Online IPO. Check here for more market-related stories. {"selector":".custom-animation","duration":"4s","easing":"ease-out","keyframes":[{"transform":"scale(2)"},{"transform":"scale(1.5)"},{"transform":"scale(1)"}]}