Yatra Online IPO: Here's all you need to know
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.
The online travel service firm has decided a price band in the range of rupees 135-142 per share for the issue.
Yatra Online IPO comprises a fresh issuance of 4.23 crore shares aggregating up to rupees 602 crore.
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.
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.
Easy Trip Planners is the only listed peer of Yatra with a P/E ratio of 56.53.
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.
The finalisation of the basis of allotment will be done on Sept 25 and it will likely be listed on bourses on Sept 29.
Click here to know more about  Yatra Online IPO.
Check here for more market-related stories.