Travels & Rentals Limited IPO has a ₹12 as Grey Market Premium as of August 28, with a price range at ₹40 per share. Offering lots of 3,000 shares, the subscription window is open from August 29 to September 2, 2024.
Travels & Rentals Limited IPO GMP Today
The Grey Market Premium (GMP) for Travels & Rentals Limited is ₹12 as of August 28, 2024. This assessment coincides with a price at ₹40 per share for the IPO.
Travels & Rentals Limited IPO Review
Travels & Rentals Limited Ltd has shown notable financial growth, with net worth increasing from ₹741.52 lakhs in March 2023 to ₹1,478.48 lakhs by March 2024. This growth is supported by substantial increases in profitability and EPS, showcasing strong investor confidence.
Profitability has improved significantly, with PAT jumping from ₹150.64 lakhs in March 2023 to ₹296.55 lakhs by March 2024. The company’s financial health is robust, as evidenced by growing assets and a reduced debt-equity ratio. Equity and liabilities have consistently increased, reflecting expansion potential, while an improvement in RoNW to 20.06% highlights enhanced shareholder value generation.
To get a full IPO review, click here Travels & Rentals Limited IPO
Travels & Rentals Limited IPO Date
Travels & Rentals Limited will start accepting subscriptions from August 29 to September 2, 2024.
Travels & Rentals Limited IPO Price
Travels & Rentals Limited’s price range is at ₹40 per share with a face value of ₹10 each.
Travels & Rentals Limited
Founded in 1990 and incorporated as a private company in 1996, Travels & Rentals Limited offers comprehensive travel solutions under the Lufthansa City Center franchise. Partnering with the Globus family for India, it provides flights, hotels, and tours. Accredited by IATA and recognized by the Indian Ministry of Tourism, it thrives by adapting to travel trends and focusing on customer satisfaction.
How To Apply For Travels & Rentals Limited IPO?
To apply for the Travels & Rentals Limited IPO through Alice Blue, follow these steps:
1. Open a Demat and Trading Account with Alice Blue if you don’t have one.
2. Access IPO details for Travels & Rentals Limited on the Alice Blue platform.
3. Place your bid for the desired number of shares within the IPO’s price range.
4. Confirm your information and submit your application quickly.
You can apply for the Travels & Rentals Limited IPO at Alice Blue in just a few clicks!