Yatra Online IPO allotment expected today; here’s how to check

25 Sep 2023 , 10:49 AM

The online travel company Yatra Online Ltd conducted its initial public offering (IPO) for subscription from September 15 to September 20. By the end of the subscription period, the IPO garnered a subscription rate of 1.61 times, as investors submitted bids for 4.98 crore equity shares, surpassing the offer size of 3.09 crore shares. This subscription data is based on information available through stock exchanges.

The allotment of the IPO is likely to announce on September 25. Investors who have applied for the IPO can check the allotment status on BSE website or on the website of IPO registrar, Link Intime India Pvt Limited. Subscribers need to provide PAN details or application number to check the allotment status. 

Yatra Online Ltd, the leading corporate travel services company, aims to raise Rs 775 crore through the IPO, considering the higher end of the price band. The IPO includes fresh shares valued at Rs 602 crore and an offer-for-sale (OFS) of shares worth Rs 173 crore, offered by selling shareholders.

The price band for this offering, which commenced on September 15, was set at Rs 135-142 per share.