Online Travel / OTA - Listed on 28 September 2023
Yatra Online (Online Travel / OTA) closed its IPO window in 2023 and listed on NSE and BSE on 28 September 2023 at an upper band issue price of Rs 142, opening at Rs 127.5 for a listing gain of -10.2% and closing day one at Rs 135.9 (-4.3% on closing basis). The IPO was subscribed 1.61x overall - QIB 2.05x, HNI/NII 0.42x, Retail 2.10x. The total issue size was Rs 775 Cr (Fresh Issue Rs 602 Cr, OFS Rs 173 Cr). IPO GMP data, subscription trends across Day 1 - Day 3 and Nifty performance around the listing window are detailed below.
Online Travel / OTA
Yatra Online operates in the Online Travel / OTA space. The company’s listed profile is shaped by its operating niche, customer demand and ability to convert that demand into steady cash flows. Investors should read its exchange filings alongside the headline listing numbers for a fuller view of the business.
Issue structure, listing outcome and context
The Yatra Online issue was offered at an upper price of Rs 142 and raised approximately Rs 775 crore. The final outcome reflected a mix of subscription demand, valuation, market conditions and the company’s own operating story. Fresh issue and offer-for-sale details, where available, are shown in the issue metrics below.
Number of times each investor category subscribed by close of Day 3.
How overall subscription built up across the three-day issue window.
Grey market premium (GMP) tracked day-by-day across the IPO window. Absolute GMP is the premium in rupees over the upper issue price; GMP % is that premium as a percent of the issue price.
| Day | GMP (Rs) | GMP % |
|---|---|---|
| Day 1 | Rs 0 | 0.00% |
| Day 2 | Rs 0 | 0.00% |
| Day 3 | Rs 0 | 0.00% |
| Day 4 | Rs 0 | 0.00% |
| Day 5 | Rs 0 | 0.00% |
Comparison between market-based GMP prediction and IPOGyani's AI-powered listing gain prediction.
How the broader market moved around the Yatra Online IPO window. Helpful for isolating how much of the listing gain came from company fundamentals vs. market tailwind.
Yatra Online IPO listed at -10.2% versus the upper issue price of Rs 142 on 28 September 2023.
Yatra Online IPO was subscribed 1.61x overall. QIB portion was subscribed 2.05x, HNI / NII 0.42x and Retail 2.10x.
IPO GMP started at Rs 0 on Day 1 and moved to Rs 0 by the close of the issue window. See the day-by-day GMP table above for the full trajectory.