Yatra Online IPO share allotment expected today; here's how you can check status
On the allotment date, investors come to know about the number of shares allotted to them as against the bids made. They can check the allotment status on the BSE or by visiting the registrar's website.
Here's how you can check the status on BSE.
Step 1: Visit the BSE website
Step 2: Please select the issue name, that is the company's name in the drop down.
Step 3: Enter the application number or PAN number to check the allotment status.
Yatra Online’s shares are expected to be listed on the exchanges on September 29. According to market sources, there is no definitive trend of GMP for the company in the unlisted market.
Hence, it is difficult to gauge the expectations on debut.
Yatra Online offers a comprehensive range of travel and travel-related products and services catering to the needs of passengers travelling domestically, as well as to and from international destinations.
The company provides customers with various tools and information that they require to research, plan, book and purchase travel products and services in India and abroad.
Ahead of the issue opening, the company raised Rs 62 crore in pre-IPO placement via the rights issue. The Rs 775-crore IPO included a fresh equity issue worth Rs 602 crore and an offer for sale (OFS) of up to 1.21 crore shares.
For the year ended March, 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.
SBI Capital Markets, DAM Capital Advisors and IIFL Securities are the book-running lead managers and Link Intime India is the registrar to the offer.
