The scrip was listed at Rs 130, exhibiting a discount of 8.45% to the issue price.

So far, the stock has hit a high of 137.75 and a low of 127.40. On the BSE, over 4.30 lakh shares of the company were traded in the counter so far.

The initial public offer (IPO) of Yatra Online was subscribed 1.61 times. The issue opened for bidding on 15 September 2023 and it closed on 20 September 2023. The price band of the IPO was fixed at Rs 135-142 per share.

The IPO comprised of a fresh issue of Rs 602 crore and an offer for sale of up to 1,21,83,099 shares by its existing promoters and shareholders.

Out of the proceeds from the fresh issue, Rs 150 crore will be used for strategic investments, acquisitions, and inorganic growth, Rs 392 crore towards investment in customer acquisition and retention, technology and other organic growth initiatives and the balance towards general corporate purposes.

Yatra Online (Yatra) is India's leading corporate travel services provider in terms of number of corporate clients and the third largest online travel company in India among key over-the-air (OTA) players interms of gross booking revenue and operating revenue for FY2023.

The company has the largest number of hotel and accommodation tie-ups amongst key domestic OTA players of over 2,105,600 tie-ups, as on March 31, 2023. The company has 813 large corporate customers, 49,800 small and medium enterprises (SME) as its customers.

The company reported a consolidated net profit of Rs 7.63 crore and net sales of Rs 380.16 crore for the twelve months ended on 31 March 2023.

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