{"id":1483,"date":"2022-03-26T05:38:40","date_gmt":"2022-03-26T05:38:40","guid":{"rendered":"https:\/\/www.invest19.com\/blog\/?p=1483"},"modified":"2022-03-26T05:38:41","modified_gmt":"2022-03-26T05:38:41","slug":"yatra-online-limited-files-for-ipo-worth-rs-7500-million","status":"publish","type":"post","link":"https:\/\/www.invest19.com\/blog\/yatra-online-limited-files-for-ipo-worth-rs-7500-million\/","title":{"rendered":"Yatra online Limited files for IPO worth Rs 7,500 million"},"content":{"rendered":"<div style=\"margin-top: 0px; margin-bottom: 0px;\" class=\"sharethis-inline-share-buttons\" ><\/div>\n<p>The Indian subsidiary of Yatra online limited, Yatra Online has filed its draft red herring prospectus with the market regulators Securities Exchange Board of India( SEBI) to float its IPO worth Rs 7,500 million approximately $100 million from primary proceeds and secondary sale of shares totaling to 8,896,998 equity shares by THCL Travel Holding Cyprus Limited, a subsidiary of Yatra Online, Inc.<\/p>\n\n\n\n<p>The\ncompany\u2019s Expectations from floating the IPO in the Indian capital market are\nas follows:-<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>Have access to\nthe Indian institutional and retail investors who are currently excluded from\ninvesting in Yatra Online.<\/li><li>Expanding the\npotential shareholder base of the company.<\/li><li>Increase the\nvisibility of the company in the Indian share market and a larger pool of\nequity analysts.<\/li><li>Raise capital\nat higher valuation thus reducing the risk of dilution and balance sheet risk.<\/li><\/ul>\n\n\n\n<p>&nbsp;The purpose for the use of proceeds of the\nIPO:<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>The firm will\nnot receive any funds from the sale of secondary shares by THCL.<\/li><li>Net proceeds\nfrom the sale o fresh issue will be used for organic\ngrowth initiatives and strategic investments<\/li><\/ul>\n\n\n\n<p>Book\nrunning lead managers of the IPO:-<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>SBI Capital\nMarkets,<\/li><li>&nbsp;DAM Capital, <\/li><li>IIFL\nSecurities.<\/li><\/ul>\n<div class='epvc-post-count'><span class='epvc-eye'><\/span>  <span class=\"epvc-count\"> 2,275<\/span><\/div><div class=\"pld-like-dislike-wrap pld-template-1\">\n    <div class=\"pld-like-wrap  pld-common-wrap\">\n    <a href=\"javascript:void(0);\" class=\"pld-like-trigger pld-like-dislike-trigger \" title=\"\" data-post-id=\"1483\" data-trigger-type=\"like\" data-restriction=\"ip\" data-ip-check=\"0\" data-user-check=\"1\">\n                        <i class=\"fas fa-thumbs-up\"><\/i>\n                    <\/a>\n    <span class=\"pld-like-count-wrap pld-count-wrap\">4    <\/span>\n<\/div><\/div>\n\n","protected":false},"excerpt":{"rendered":"<p>The Indian subsidiary of Yatra online limited, Yatra Online has filed its draft red herring prospectus with the market regulators Securities Exchange Board of India( [&hellip;] <span class=\"read-more-link\"><a class=\"read-more\" href=\"https:\/\/www.invest19.com\/blog\/yatra-online-limited-files-for-ipo-worth-rs-7500-million\/\">Read More<\/a><\/span><\/p>\n","protected":false},"author":1,"featured_media":1484,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[180,70,10],"tags":[],"class_list":["post-1483","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-ipo","category-featured"],"_links":{"self":[{"href":"https:\/\/www.invest19.com\/blog\/wp-json\/wp\/v2\/posts\/1483","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.invest19.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.invest19.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.invest19.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.invest19.com\/blog\/wp-json\/wp\/v2\/comments?post=1483"}],"version-history":[{"count":3,"href":"https:\/\/www.invest19.com\/blog\/wp-json\/wp\/v2\/posts\/1483\/revisions"}],"predecessor-version":[{"id":1487,"href":"https:\/\/www.invest19.com\/blog\/wp-json\/wp\/v2\/posts\/1483\/revisions\/1487"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.invest19.com\/blog\/wp-json\/wp\/v2\/media\/1484"}],"wp:attachment":[{"href":"https:\/\/www.invest19.com\/blog\/wp-json\/wp\/v2\/media?parent=1483"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.invest19.com\/blog\/wp-json\/wp\/v2\/categories?post=1483"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.invest19.com\/blog\/wp-json\/wp\/v2\/tags?post=1483"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}