Yatra IPO Opens For Subscription: Price Band, Date And Other Details
Yatra is the third largest online travel company in the country in terms of gross booking revenue and operating revenue.
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Yatra is the third largest online travel company in the country in terms of gross booking revenue and operating revenue.
The IPO received bids for 32,78,072 shares against 1,33,17,737 shares on offer, according to NSE data.
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The incentive shares effectively represent a discount on the purchase price, which has been set at $0.027 per share.
Ending of the lock-in period does not necessarily mean investors who received shares in the pre-IPO sale will offload their entire holdings. But, whether pre-IPO investors are selling or holding on will be of interest for traders as large blocks of selling tend to weigh down share prices in the near-term.