Travels And Rentals IPO Review | Details | Analysis #ipo #newipo #upcomingipo #iporeview #ipoprice

54 года назад

818 Просмотров

Travels And Rentals IPO Review | Details | Analysis #ipo #newipo #upcomingipo #iporeview #ipoprice #ipodate #ipodetails #ipoanalysis #ipolatestnews #ipoupdate

In this video we have discussed about Travels And Rentals IPO Review Details date and financial Analysis

Travels & Rentals IPO is a fixed price issue of Rs 12.24 crores. The issue is entirely a fresh issue of 30.6 lakh shares.

Travels & Rentals IPO opens for subscription on August 29, 2024 and closes on September 2, 2024. The allotment for the Travels & Rentals IPO is expected to be finalized on Tuesday, September 3, 2024. Travels & Rentals IPO will list on BSE SME with tentative listing date fixed as Thursday, September 5, 2024.

Travels & Rentals IPO price is ₹40 per share. The minimum lot size for an application is 3000 Shares. The minimum amount of investment required by retail investors is ₹120,000. The minimum lot size investment for HNI is 2 lots (6,000 shares) amounting to ₹240,000.

Travels & Rentals IPO Details
IPO Date August 29, 2024 to September 2, 2024
Listing Date [.]
Face Value ₹10 per share
Price ₹40 per share
Lot Size 3000 Shares
Total Issue Size 3,060,000 shares
(aggregating up to ₹12.24 Cr)
Fresh Issue 3,060,000 shares
(aggregating up to ₹12.24 Cr)
Issue Type Fixed Price Issue IPO
Listing At BSE SME
Share holding pre issue 8,142,685
Share holding post issue 11,202,685
Market Maker portion 153,000 shares

Travels & Rentals IPO Timeline (Tentative Schedule)
Travels & Rentals IPO opens on August 29, 2024, and closes on September 2, 2024.

IPO Open Date Thursday, August 29, 2024
IPO Close Date Monday, September 2, 2024
Basis of Allotment Tuesday, September 3, 2024
Initiation of Refunds Wednesday, September 4, 2024
Credit of Shares to Demat Wednesday, September 4, 2024
Listing Date Thursday, September 5, 2024
Cut-off time for UPI mandate confirmation 5 PM on September 2, 2024

Travels & Rentals IPO Lot Size
Investors can bid for a minimum of 3000 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.

Application Lots Shares Amount
Retail (Min) 1 3000 ₹120,000
Retail (Max) 1 3000 ₹120,000
HNI (Min) 2 6,000 ₹240,000

About Travels & Rentals Limited
Incorporated in 1996, Travels & Rentals Limited provides a wide range of travel-related products and services for complete travel solutions. The company offers airline tickets, hotels, tour packages, rail tickets, as well as additional services like travel insurance, passport & visa processing, and tickets for activities and attractions.

The products/services of the company include the following:

Air ticketing - domestic and international flights
Packaged Tours - inbound and outbound customised tours
Hotel Reservation - worldwide hotel reservation and packages.
Visa, Passport, Insurance and other related specialized services.
The company has a strong network with travel agents across Europe

Objects of the Issue (Travels & Rentals IPO Objectives)
The company proposes to utilize the funds which are being raised through this Issue towards the below-mentioned objects:

Working Capital Requirement
General Corporate Expenses

*Disclaimer*

Information provided in this video is for educational purpose only. It may not necessarily be correct and not intended to be taken as financial legal or other type of advice. It has not been prepared with regard to the individual needs objectives or financial situation of any particular person. Please consult your financial advisor before any type of investment. Invest at your own risk.

We are not SEBI registered. Information provided in this video is for educational purpose only. It is personal view on particular share and IPO . Do you thorough research before buying or selling any IPO. Buy and Sell at your own risk

Тэги: