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Yatra Online IPO: Retail investors were only among the participants at the forefront in terms of bidding, buying 1.16 times the portion set aside for them which is 10 percent of the total offer

The price band for the Yatra Onlines IPO has been fixed at Rs 135-142.

Yatra is aiming to raise INR 602 crore through its IPO and will get listed on the BSE. Its subscription opens today and will conclude on September 20,

Yatra Online IPO | The countrys third-largest online travel company is planning to raise Rs 775 crore via initial public offering at the upper end of price band of Rs 135-142 per share.

Yatra Online IPO: Out of the total allocation to anchor investors, 1,48,59,390 equity shares were allocated to six domestic mutual funds through a total of 19 schemes

Yatra Online co-founder and CEO, Dhruv Shringi, in an exclusive conversation with Mint, said there are strong tailwinds behind the business.

The basis of allotment will be announced on September 25 and equity shares will be credited to demat accounts on September 26. The firm will list on exchanges on September 29.

At the upper end, Yatra Online aims to raise around Rs 775 crore and the implied post-issue market cap will be Rs 2,228 crore. The IPO comprises a fresh equity issue worth Rs 602 crore and an offer for sale (OFS) of up to 1.21 crore shares.

Online travel company Yatra Online on Tuesday fixed the price band for its Initial Public Offering (IPO) at Rs 135-142 per equity share.

Yatra Online IPO | The public issue will be closing on September 20, while the anchor book will be opened for a day on September 14.