Travels & Rentals IPO Subscription Status: Travels & Rentals IPO is Open on 29 August 2024 and Close on 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%
The Travels & Rentals IPO is an SME IPO and Listed on BSE SME. Travels & Rentals IPO Price Band is Fixed at ₹40 Equity Share. Travels & Rentals IPO Lot Size is 3000 Shares.
Also Read: Travels & Rentals IPO Date, Review, GMP Price, Details
Travels & Rentals IPO Subscription Status, Rate bid times
| Inv Category | Shares Reserved | No. of Shares bid for | No. of Times (Subscription) |
|---|---|---|---|
| Non Institutional Buyers (NIIs) | 14,53,500 | 1,09,68,63,000 | 754.64 |
| Retail Individual Buyers (RIIs) | 14,53,500 | 62,48,58,000 | 429.90 |
| Total | 29,07,000 | 1,76,87,79,000 | 608.46 |
Travels & Rentals IPO Subscription Status day-by-day-
| Categories | 29 Aug | 30 Aug | 2 Sep |
|---|---|---|---|
| QIB | 0.00 | 0.00 | 0.00 |
| NII | 0.92 | 3.27 | 754.64 |
| RII | 7.01 | 20.24 | 429.90 |
| Total | 3.97 | 11.75 | 608.46 |
About IPO :
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.
Travels & Rentals holdings Investor Categories
- Qualified Institutional Buyers (QIB).
- Non- Institutional Investors (NII).
- Retail individual Investors (RII).
- Employee (EMP).
- Others (Eligible Shareholders).
Who Is QIB In IPO?
QIB Stands For “Qualified Institutional Buyer” In The Context Of An IPO (Initial Public Offering). QIBs Are A Category Of Institutional Investors Who Are Considered Financially Sophisticated And Meet Certain Regulatory Criteria For Participating In Capital Markets. In The Context Of An IPO, QIBs Play A Significant Role As They Contribute To The Overall Demand For Shares And Help Determine The Success Of The Offering.
Who Is NII In IPO?
NII Stands For “Non-Institutional Investors” In The Context Of An IPO (Initial Public Offering). Non-Institutional Investors Are A Category Of Investors Who Participate In The IPO Alongside Institutional Investors And Retail Investors. NII Typically Includes High Net Worth Individuals (HNIs), Corporate Bodies, Trusts, And Other Entities That Are Not Classified As Institutional Investors But Have The Financial Capacity To Invest Significant Amounts In The IPO.
Who Is RII In IPO?
RII Stands For “Retail Individual Investor” In The Context Of An IPO (Initial Public Offering). Retail Individual Investors Are Individual Investors Who Participate In The IPO Alongside Institutional Investors And Non-Institutional Investors. RII Typically Includes Individual Investors Who Do Not Meet The Criteria To Be Classified As Institutional Investors Or Non-Institutional Investors.
Who Is EMP In IPO?
“EMP” In The Context Of An IPO (Initial Public Offering) Typically Stands For “Employee.”
Travels & Rentals Review From MoneyMintIdea –
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