Yatra Online IPO Listing Highlights: Shares list at discount of over 10%
Yatra IPO Listing Highlights, Yatra Online Share Price NSE: Shares of Yatra Online made a very weak debut on the National Stock Exchange (NSE) today at they were listed at Rs 127.50, a discount of around 10 per cent when compared to the issue price of Rs 142. However, shares gained some momentum soon after and jumped 6.43 per cent to trade at Rs 135.70 at around 10:28 am.
Earlier, the IPO of the travel company was subscribed 1.61 times on the last day of subscription on Wednesday.
Follow Zee Business' LIVE Blog for all the latest updates on Yatra Online IPO Listing:
Yatra IPO Listing Highlights, Yatra Online Share Price NSE: Shares of Yatra Online made a very weak debut on the National Stock Exchange (NSE) today at they were listed at Rs 127.50, a discount of around 10 per cent when compared to the issue price of Rs 142. However, shares gained some momentum soon after and jumped 6.43 per cent to trade at Rs 135.70 at around 10:28 am.
Earlier, the IPO of the travel company was subscribed 1.61 times on the last day of subscription on Wednesday.
Follow Zee Business' LIVE Blog for all the latest updates on Yatra Online IPO Listing:
Latest Updates
Yatra Online IPO Listing LIVE Update: Shares gain over 6%
After listing at a discount of around 11 per cent, the shares of Yatra Online gained around 6.43 per cent to trade at Rs 135.70 at around 10:28 am.
Yatra Online IPO Listing LIVE Update: What does the company do?
Yatra Online Ltd is a corporate travel services provider in terms of the number of corporate clients and the third largest online travel company in the country among key online travel players in terms of gross booking revenue and operating revenue.
Yatra Online IPO Listing LIVE Update: Shares list at a discount of over 11%
Shares of Yatra Online are listed at Rs 127.50 on the National Stock Exchange. This is a discount of around 11 per cent when compared to the issue price of Rs 142.
Yatra Online IPO Listing LIVE Update: Expected to list at discount of over 8 per cent
The price of Yatra Online shares settled at Rs 130 against the issue price of Rs 142.
Yatra Online IPO Listing LIVE Update: Mops up Rs 348.75 crore from anchor investors
Ahead of the listing, Yatra Online said on September 14 that it has mobilised Rs 348.75 crore from anchor investors.
Yatra Online IPO Listing LIVE Update: Fresh issue of up to Rs 602 crore
The Initial Public Offer (IPO) had a fresh issue of up to Rs 602 crore and an offer for sale of up to 1.21 crore equity shares. The price range for the offer was Rs 135-142 a share.
Yatra Online IPO Listing LIVE Update: RIIs received 2.11 times subscription
The category for Retail Individual Investors (RIIs) received 2.11 times subscription while the quota for Qualified Institutional Buyers (QIBs) got subscribed 2.05 times. The portion for non-institutional investors was subscribed 42 per cent.
Yatra Online IPO Listing LIVE Update: Received bids for 4,98,92,325 shares
As per the National Stock Exchange (NSE), the Rs 775 crore initial share sale got bids for 4,98,92,325 shares against 3,09,42,356 shares on offer.
Yatra Online IPO Listing LIVE Update: IPO subscribed 1.61 times
The Initial Public Offer (IPO) of travel company Yatra Online was subscribed 1.61 times on the last day of subscription on Wednesday.
Yatra Online IPO Listing LIVE Update: What Anil Singhvi suggested
Zee Business Managing Editor Anil Singhvi had said that the Yatra Online IPO was only suitable for investors with a “very high” appetite for risk. He even suggested tha such investors should apply from a long-term perspective.