Yatra Online IPO: Issue booked 20% so far on day 2; check subscription status, GMP, other key details
₹775.00 crore worth Yatra Online IPO will close on Wednesday, September 20. Yatra Online is India’s one of the largest corporate travel service providers and offers integrated travel solutions to corporate clients as well as direct consumers. In the public issue, the company has reserved not less than 75% of the shares for Qualified Institutional Buyers (QIB), 15% for Non Institutional Investors (NII), and 10% of the offer is reserved for Retail Investors.
Yatra Online IPO has been subscribed 20% in total on Monday, the second day of the bidding process. The public issue received bids for 61.45 lakh equity shares as against 3.09 crore shares on the offer, as per data available on NSE till 11:45 am. The public issue has been subscribed 1.03 times in the retail category, and 7% in the NII category.
QIBs are yet to place their bids. Also Read: JSW Infra IPO opens 25 Sep; price band set at ₹113-119 apiece Yatra Online Ltd plans to raise ₹775 crore from its maiden public offering. The IPO comprises a fresh issuance of ₹602 crore worth of shares and an offer for sale (OFS) of up to 1.22 crore shares by a promoter and existing investor.
Yatra IPO opened for subscription on September 15 and will close on Wednesday, September 20. The company has already raised ₹348 crore from anchor investors on September 14, ahead of the IPO opening. Yatra Online IPO price band has been fixed at ₹135 to ₹142 per equity share.
The face value of Yatra Online shares is Re 1 each. The lot size for the public issue is 105 equity shares and the minimum investment amount required by retail investors is ₹14,910. The company is likely to fix the basis of IPO share allotment on September 25 and initiate refunds on September 26, while credit the shares to
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