✓
Open
29 Aug to 2 Sep, 2024
✓
Close
29 Aug to 2 Sep, 2024
3
Allotment
—
✓
Listing
Thu, Sep 5, 2024
Price Band
₹40 per share
Issue Size
30,60,000 shares (agg. up to ₹12 Cr)
Lot Size
3,000 Shares
Listing Date
Thu, Sep 5, 2024
Latest GMP
₹20
Est. Gain
50%
✦ AI Insight
GMP Trend
05-09-2024₹20Est. ₹60+50%
04-09-2024₹20Est. ₹60+50%
03-09-2024₹20Est. ₹60+50%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 607.52x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|
| Assets | 24.70 | 16.47 | 13.34 |
| Total Income | 8.04 | 5.79 | 2.91 |
| Profit After Tax | 2.97 | 1.51 | 0.69 |
| NET Worth | 14.78 | 7.42 | 4.91 |
| Reserves and Surplus | 6.64 | 5.40 | 3.15 |
| Total Borrowing | 4.71 | 5.61 | 7.55 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Winny Immigration & Education Services Ltd. | SME | ₹9.13 Cr | ₹140 | 54.12 | ₹252.00 | +80.00% | ₹35.60 (+4.86%) |
| Le Travenues Technology Ltd. | Mainboard | ₹740.10 Cr | ₹93 | 148.87 | ₹165.72 | +78.19% | ₹199.91 (+0.53%) |
| TBO Tek Ltd. | Mainboard | ₹1,550.81 Cr | ₹920 | 64.58 | ₹1,406.30 | +52.86% | ₹1,459.00 (+0.36%) |
| Yatra Online Ltd. | Mainboard | ₹775.00 Cr | ₹142 | 205.8 | ₹135.90 | -4.30% | ₹108.84 (+0.05%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | To meet the Working Capital Requirements | 8.03 |
| 2 | General Corporate Purposes | 2.50 |
About Travels & Rentals IPO
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, the USA, South and Southeast Asia, the Middle East, Africa, and Australia. The company is accredited by the International Air Transport Association (IATA) in Geneva, Switzerland. It is also recognized by the Ministry of Tourism, Government of India and is a member of both the Travel Agent Association of India (TAAI) and the Indian Association of Tour Operators (IATO). As of March 31, 2024 the company has 58 employees.+ Read More
Contact Details
Travels & Rentals Ltd. Address161, Lenin SaraniDharmatalaKolkata, West Bengal, 700013+91 33 40000777cs@travelsandrentals.comVisit Website