Travels & Rentals IPO Allotment Status Online: Travels & Rentals IPO is Open on 29 August 2024 and Close on 2 September 2024. Travels & Rentals IPO to Raise 3,060,000 shares (Approx ₹12.24 Cr) via IPO. The Fresh Issue is 3,060,000 shares (Approx ₹12.24 Cr).
- The Retail Quota is 50%
- QIB is -%
- NII is 50%
Travels & Rentals IPO Basis of Allotment Status on 3 September 2024. Travels & Rentals IPO Refund Date is 4 September 2024 and Travels & Rentals IPO Credit to Demat on 4 September 2024.
Also Read: Travels & Rentals IPO Date, Review, GMP Price, Details
Travels & Rentals Allotment Link Online
| Cameo | Cameo Allotment Link |
|---|---|
| Moneymintidea | IPO Allotment Status Link |
About –
Travels & Rentals are accredited by IATA (International Air Transport Association, Geneva, Switzerland), recognized by Ministry of Tourism, Government of India, member of TAAI (Travel Agent Association of India) and member of IATO (Indian Association of Tour Operators).
Our Business is completely dependent on the geographical changes. The current environmental conditions going on in the destination is very important for a customer.
SWOT ANALYSIS
Strengths
- Experienced, dedicated and goal-oriented management team.
- Effective cost management.
- In-depth commercial and technical industry knowledge.
Weakness
- Enhanced requirement of working capital.
- Need for aggressive marketing strategies.
- Non-availability of our online platform through mobile app.
Opportunities
- Adoption of updated technology
- The increasing interest of investors in the sector
- Tapping public equity to reduce finance cost
- Opportunities in the global market
Threats
- Industry is prone to changes in Government policies.
- Intense competitive pressure.
- Top line driven yet loss making online travel agencies diverting business from profit driven organizations.
