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SBICAPS Successfully Led the INR 775 Crores IPO of Yatra Online Limited

2023

Issuer Details

  • India’s largest corporate travel services provider with a customer base of over 800 large corporates and a retention rate of 98%
  • India’s largest corporate travel services provider with a customer base of over 800 large corporates and a retention rate of 98%
  • India’s largest corporate travel services provider with a customer base of over 800 large corporates and a retention rate of 98%
  • India’s largest corporate travel services provider with a customer base of over 800 large corporates and a retention rate of 98%

Key Transaction Highlights

  • SBICAPS as a left lead banker handheld the management through the entire IPO process and positioned Yatra as a compelling high-growth story with favorable industry tailwinds
  • SBICAPS – Investec’s strong distribution network played a crucial role in building momentum, ensuring participation from a wide range of marquee investors incl. 78% demand coming from long only investors.
  • SBICAPS – Investec leveraged its distinctive position in the market to create deal momentum and continues in its commitment to bringing unique stories in the market.

Issue details

Issue Size INR 775 Cr
Fresh Issue INR 602 Cr
Offer for Sale INR 173 Cr
Issue Price INR 142 per share
Issue Period sept 15 - 20, 2023
Listing Date 28th Sept, 2023

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