Backed by Retail and QIB, Yatra Online IPO subscribed 1.61 times on Final Day
Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel
Initial Public Offering of Yatra Online Ltd, largest corporate travel services provider, was subscribed 1.61 times on the last day of bidding.
The issue received bids of 4,98,92,430 shares against the offered 3,09,42,356 equity shares, at a price band of ?135-142, according to the data available on the stock exchanges.
Qualified Institutional Buyer Portion was subscribed 2.05 times, Non-Institutional Investors Portion was subscribed 0.42 times. whereas, Retail Portion was subscribed 2.11 times.
SBI Capital Markets Limited, DAM Capital Advisors Limited and IIFL Securities Limited are the book running lead managers and Link Intime India Private Limited is the Registrar to the Offer. The Equity Shares are proposed to be listed on BSE and NSE.
Above views are of the author and not of the website kindly read disclaimer
