Travels & Rentals Ltd
Complete IPO details, including price band, financials, subscription status, and key insights.
Participate in the Travels & Rentals Ltd IPO with full transparency. Review issue details, company fundamentals, and financial performance, and apply securely through Alice Blue.
IPO Snapshot
Key metrics and details at a glance.
Price Band
₹40
Per ShareLot Size
3000 Shares
Minimum Investment
₹1,20,000
Issue Size
₹0 Cr
Face Value
₹10
Per ShareIPO Type
Rights Issue
Retail Quota
0%
QIB Quota
0%
NII Quota
0%
IPO Timeline
Important dates for your applying strategy.
Subscription Status
Live demand across investor categories.
Track real-time subscription levels:
*Real-time data subject to exchange updates
Travels & Rentals Ltd
Business model, operations, and market positioning.
Issue Type
Rights Issue
ISIN
INE0SG001011
Products & Services
- Travels & Rentals Limited offers a comprehensive range of travel-related products and services for end-to-end travel solutions.
Growth Strategy
- Online Presence.
- Continue to invest in technology and product development capabilities.
Customer Base
Wholesaler and Retailer
Financial Performance
Revenue, profit after tax and total assets across the last 3 reported financial years.
Revenue
Amount in ₹ crore
Profit After Tax (PAT)
Amount in ₹ crore
Total Assets
Amount in ₹ crore
Figures in ₹ crore, on a standalone basis, as reported for FY23 to FY25.
Objects of the Issue
How the company plans to utilize IPO proceeds.
Use of Proceeds
The funds raised through this IPO will be used for:
Initial public offer of 30,60,000 equity shares of face value of Rs. 10/- each ("Equity Shares") of Travels & Rentals Limited (the "Company" or the "Issuer") for cash at a price of Rs. 40/- per equity share, including a share premium of Rs. 30/- per equity share (the "Issue Price"), aggregating to Rs. 12.24 crores ("The Issue"), of which 1,53,000 equity shares of face value of Rs. 10/- each for cash at a price of Rs. 40/- per equity share, aggregating to Rs. 0.61 crores will be reserved for subscriptions by the market maker to the issue (the "Market Maker Reservation Portion"). The issue less market maker reservation portion i.e. issue of 29,07,000 equity shares of face value of Rs. 10/- each for cash at a price of Rs. 40/- per equity share, aggregating to Rs. 11.63 crores is here in after referred to as the "Net Issue". The issue and the net issue will constitute 27.31% and 25.95% respectively of the post issue paid up equity share capital of the company. The face value of the equity share is Rs. 10/- each and the issue price is Rs. 40/- each i.e., 4.0 times of the face value of the equity shares. The minimum lot size is 3,000 equity shares
*Subject to approvals and market conditions.
Strengths & Risks
Key competitive advantages and factors to consider before investing.
- Established and proven track record.
- Leveraging the experience of our Promoters.
- Experienced management team and a motivated and efficient work force.
- Cordial relations with its customers.
- Quality Assurance & Control.
- The Company, Promoter Group and Group Entities are parties to certain legal proceedings. Any adverse decision in such proceedings may have a material adverse effect on its business, result of operations and financial conditions.
- The travel industry is intensely competitive, and its may not be able to effectively compete in the future.
- Any failures to maintain quality of customer service, products and deal with customer complaints could materially and adversely affect its business and operating results.
- The Company had negative cash flow in recent fiscals, details of which are given below. Sustained negative cash flow could adversely impact its business, financial condition and results of operations.
- Its Group Company has incurred losses in the past and may incur losses in the future.