Listed Price₹55.00
Listing Gain+37.50%
Price Band₹40
Lot Size3,000 shares
Min Bid₹1,20,000
Subscription592.39x
Listed Market Snapshot
₹55.00Listed price from market data
+37.50%listing gain
Issue Amount
₹12.24 Cr
Listed Price
₹55.00
Current Price
₹10.38
Registrar
Cameo Corporate Services Limited
Timeline•Fixed Price IPO
Open29 Aug 2024
Close02 Sep 2024
Allotment03 Sep 2024
Listing05 Sep 2024
Quota Reservation Portions
RetailPortion: 14,55,000 shares
47.5%OtherPortion: 14,52,000 shares
47.5%Market MakerPortion: 1,53,000 shares
5%Minimum Application Bracket Matrix
Retail1 lots / 3,000 shares
₹1,20,000HNI2 lots / 6,000 shares
₹2,40,000About the Company
Incorporated in 1996, Travels & Rentals Limited is a comprehensive travel solutions provider offering airline ticketing, customizable inbound and outbound tour packages, hotel reservations, visa and passport processing, travel insurance, and activity tickets. With a global network of travel agents across Europe, the USA, South and Southeast Asia, the Middle East, Africa, and Australia, the company is accredited by IATA, recognized by the Ministry of Tourism, and a member of TAAI and IATO. As of March 31, 2024, Travels & Rentals employs 58 professionals dedicated to delivering exceptional travel experiences.
Company Promoters
Mr. Devendra Bharat ParekhMrs. Karuna ParekhMrs. Anupama SinghiMr. Tushar Singhi
Lead Managers
Registrar
Cameo Corporate Services Limited