Gather ’round, adventurers, for a thrilling tale unfolds in the world of travel and investments. Yatra Online, the valiant travel booking platform, unveils its Initial Public Offering (IPO) spectacle from September 15th to the 20th, granting retail investors a five-day window to seize the opportunity.

The IPO’s decree: Yatra Online sets the price range at Rs 135-142 per equity share, with a minimum lot size of 105 shares. The IPO blends freshly minted shares worth Rs 602 crore with an Offer for Sale (OFS) of up to 1,21,83,099 shares.

Unveiling the Epic IPO and the Quest for Capital

Now, the cast: Promoter THCL Travel Holding Cyprus seeks to part ways with 17,51,739 equity shares. Simultaneously, investor Pandara Trust – SCHEME I, guided by Vistra ITCL (India), plots an elegant departure, relinquishing its entire 4,31,360 shares through the OFS, as per latest updates on India startup companies.

In a prelude, Yatra executed a rights issue in December 2022, reaping Rs 62.01 crore and issuing 2,627,697 shares at a humble face value of Rs 1 each to its devoted promoter, THCL.

The quest for capital fuels endeavors – investments, acquisitions, growth, both organic and inorganic, patronage, tech prowess, and noble corporate pursuits.

The masterminds: SBI Capital Markets, DAM Capital Advisors, and IIFL Securities lead the grand odyssey. Link Intime India guards the sacred records.

Yatra Online, startup website,guardian of wanderlust, offers a portal for travelers – accommodations, vacation packages, visas, journeys, and entertainment.

In the pantheon of Indian corporate travel service providers, Yatra reigns supreme. As of March 2023, it boasts 2,105,600 partnerships with inns and dwellings, dominating online travel agencies (OTAs).

Yatra Online duels giants like Easy Trip Planners, MakeMyTrip, and Cleartrip.

Peer into the crystal ball – the Indian travel sector surges 9-11% annually. Tourism infrastructure strengthens, spending widens, and corporate and leisure travel soars.

A digital transformation awaits. It’s foretold that 73-75% of the industry shall find refuge in the digital cosmos. In this epochal shift, OTAs like Yatra Online expand dominion swiftly.

The stage is set, the curtains rise; will you seize your place in this epic journey?