Yatra Online IPO opens on Friday. Here are 10 things to know about the offer

economictimes.indiatimes.com:

IPO) of Yatra Online will open for subscription on September 15 and close on September 20. The company's shares are expected to get listed on both the exchanges.

Here are 10 things to know about the offer.

1. What is the business overview of Yatra Online?
   Yatra Online provides access to hotels, homestays, and other accommodations through its platform, and has the largest number of hotel and accommodation tie-ups among key domestic online travel agency (OTA) players.
2. What is the industry overview of Yatra Online?
   The online travel market in India is estimated to grow to Rs 3.33-3.35 lakh crore in FY28 from Rs 1.9 lakh crore in FY23 at a CAGR of 11.5-12.5%. Within the online travel market, the share of OTAs is expected to increase faster than that of captive players.
3. What is the size of the Yatra Online IPO?
   The IPO comprises fresh equity issue worth Rs 602 crore and an offer for sale (OFS) of up to 1.21 crore shares.
4. Who are the selling shareholders under the OFS?
   Under the OFS, promoter THCL Travel Holding will sell 1.17 crore shares and investor Pandara Trust will offload 4.31 lakh units.
5. What is the price band for the Yatra Online IPO?
   The IPO is priced in the range of Rs 135-142 per share, and at the upper end, the company plans to raise Rs 775 crore.
6. What is the structure of the Yatra Online IPO?
   About 75% of the offer is set aside for qualified institutional buyers, 15% reserved for non-institutional investors and 10% for retail investors.
7. How is the financial performance of Yatra Online?
   For the year ended March 2023, the company clocked revenue growth of 81% year-on-year to Rs 397 crore, while profit stood at Rs 7.6 crore compared with a loss of Rs 30.7 crore a year ago.
8. What are the objects of the Yatra Online IPO?
   The