“Yatra IPO Online Limited: Your Ticket to Investment Adventure”

Overview:

Yatra IPO Online Limited Overview:

• Established in 2005, Yatra Online Limited is a prominent travel platform.
• It offers services such as air ticketing, bus and rail ticketing, cab bookings, and hotel reservations.
• The platform caters to both domestic and international customers.
• Yatra Online boasts a substantial network of over 105,600 hotels across 1,490 Indian cities.
• Globally, it provides access to more than two million hotels.
• The company recently introduced Yatra Freight to expand its corporate service offerings.
• It is a key player in India’s domestic hotel platform sector.

Yatra Online’s Customer Base:

• Yatra Online serves a diverse clientele, including both B2B and B2C customers.
• Its customer base primarily consists of educated urban consumers who are frequent travelers.
• The company has established relationships with over 813 corporate customers.
• Additionally, it has more than 49,800 registered SME (Small and Medium-sized Enterprises) customers.
• Yatra Online holds the position of the third largest consumer online travel company (OTC) in India based on gross booking revenue.
• The company’s extensive network includes over 2,105,600 tie-ups with hotels and accommodations, making it a leader among domestic OTA (Online Travel Agency) players.

Company Financials:

Period Ended	31 Mar 2021	31 Mar 2022	31 Mar 2023
Assets	562.91	547.78	681.25
Revenue	143.62	218.81	397.47
Profit After Tax	-118.86	-30.79	7.63
Net Worth	123.49	100.93	169.52
Total Borrowing	13.11	35.86	153.07

Objects of the Issue:

Utilization of Net Proceeds:

Yatra Online plans to allocate the net proceeds from the issue in the following manner:

• Strategic Investments and Acquisitions: Funds will be utilized for strategic investments, acquisitions, and inorganic growth opportunities. This may include expanding the company’s portfolio or entering into strategic partnerships.
• Customer Acquisition and Retention: Investment will be made in customer acquisition and retention strategies, ensuring a strong and loyal customer base.
• Technology and Organic Growth Initiatives: Funds will support the development of technology-driven solutions and other organic growth initiatives to enhance the company’s offerings and market presence.
• General Corporate Purposes: Some portion of the proceeds will be used for general corporate purposes, which may include working capital requirements and day-to-day operational needs.

PERSONAL REVIEW (avoid):

Considering Yatra Online Limited’s historical financial performance, which remained poor until FY22, and the high valuation of its IPO based on FY23 earnings, some investors may find it prudent to skip this investment. Additionally, the company’s high attrition rates raise concerns about its ability to retain customers and maintain profitability. Thus, it might be wise to exercise caution and explore other investment opportunities.

Yatra Online IPO Subscription Status (Bidding Detail):

The Yatra Online IPO has received limited subscription as of September 15, 2023:

• Retail Category: 0.60 times subscribed
• QIB Category: 0.00 times subscribed
• NII Category: 0.03 times subscribed

Please note that the subscription figures are subject to change as the IPO subscription period progresses.

Check Day by Day Subscription Details (Live Status)

Yatra Online IPO GMP:

GMP for Yatra Online IPO has not started yet. We are updating the GMP information on a daily basis. Please visit us again soon for the latest GMP updates

check day by day GMP Details(Live Status)

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