Yatra IPO: Yatra Online has applied for IPO approval. Travel services company Yatra Online Limited has filed draft documents with market regulator SEBI to bring an IPO. During this issue, the company will issue new shares worth Rs 750 crore. Apart from this, open sale offer of 93,28,358 equity shares will also be made.
Documents submitted to SEBI
According to the news agency PTI, according to the document filed before the Securities and Exchange Board of India, the amount raised from Yatra Online Limited IPO will be used for strategic investment, acquisition and business growth. will do for
Nasdaq is listed on Travel Online Inc.
Travel Online’s parent company Travel Online Inc. is listed on the US market Nasdaq. Under the open sale offer, the company will offer sale of 88,96,998 equity shares of THCL Travel Holdings Cyprus Limited and 4,31,360 equity shares of Pandara Trust. Apart from this, the company can also think about allotment of private shares up to Rs 145 crore. The company believes that listing on the Indian stock market will increase its potential shareholder base and improve its visibility.