Yatra Online IPO opens today: GMP, review, other key details. Should you subscribe?

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₹135 to ₹142 per equity share of face value of ₹1 each. Yatra Online IPO raised ₹348 crore from anchor investors on Thursday, September 14. Yatra Online IPO has reserved not less than 75% of the shares in the public issue for Qualified Institutional Buyers (QIB), not more than 15% for Non Institutional Investors (NII), and not more than 10% of the offer is reserved for Retail Investors.

Yatra IPO lot size is 105 equity shares and in multiples of 105 equity shares thereafter. Easy Trip Planners Limited, which has a P/E ratio of 56.53, is the company's listed industry peer. Yatra Online IPO comprises a fresh issuance of ₹602 crore worth of shares and an offer for sale (OFS) of up to 12.2 million shares by a promoter and existing investor.

The company intends to use the net proceeds from the offering to fund strategic investments, acquisitions, and inorganic expansion, as well as general corporate purposes, investments in customer acquisition and retention, technology, and other organic growth activities. SBI Capital Markets Ltd, DAM Capital Advisors Ltd, and IIFL Securities Ltd are the book running lead managers to the Offer. Link Intime India Private Ltd is the offer's registrar.

Also Read: Yatra Online IPO opens tomorrow; GMP, price band, dates and other details According to brokerage house, BP Equities Pvt Ltd, Yatra Online provides an extensive range of products and services associated with travel to meet the demands of customers travelling both domestically and internationally as well as within the country. Customers have access to the company's wide range of tools and information to plan, study, reserve, and buy travel-related goods and services both inside and outside of India. The development of the tourism