IPO Trending
TRAVELSSME / BSEListed
Travels & Rentals

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.

DRHP
₹40 - ₹40608.58x sub
Listed Price₹55.00
Listing Gain+37.50%

IPO Schedule & Timeline

Fixed Price IPO
Open29 Aug 2024
Close02 Sep 2024
Allotment03 Sep 2024
Listing05 Sep 2024

Quota Reservation & Application Lots

Quota Reservation (% Shares)

Retail14,55,000 shares
47.5%
Other14,52,000 shares
47.5%
Market Maker1,53,000 shares
5%

Minimum Application Lots

Retail1 Lot (3,000 shares)
₹1,20,000
HNI2 Lots (6,000 shares)
₹2,40,000

Company Promoters

Mr. Devendra Bharat ParekhMrs. Karuna ParekhMrs. Anupama SinghiMr. Tushar Singhi

Company Background

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 ...

Lead Managers & Bankers

Finshore Management Services Limited

Financial Performance

Figures in ₹ Crores
Metric Breakdown

Revenue

Latest (Mar-24)₹803.54 Cr
Growth+176.5%
Revenue Trend (₹ in Crores)
0.0308.0616.0924.1Mar-22Mar-23Mar-24
PeriodRev (Cr)PAT (Cr)AssetsDebt
Mar-24803.54296.552,469.85470.94
Mar-23579.06150.641,647.11560.97
Mar-22290.5969.011,334.29755.41

Key Performance Indicators (KPIs)

PeriodEPSROEROCEP/E (Pre)P/E (Post)
Mar-243.6426.72%27.54%10.9815.11
Mar-232.1424.45%22.33%00
Mar-221.1215.12%15.11%00

Broker & Analyst Reviews

Review Not Available

Institutional broker reviews and analyst reports have not been released for this issue yet. Reviews are typically published 2 to 3 days prior to the issue opening date.

IPO Allotment & Registrar Status

Official Registrar: Cameo Corporate Services Limited

Allotment Finalized
Allotment Date
03 Sep 2024
Official Status
Out / Finalized
Registrar
Cameo Corporate Services Limited
Listing Date
05 Sep 2024

Official Allotment Verification Links

Official Registrar Portal
Cameo Corporate Services Limited

Direct allotment verification on the official registrar portal appointed for Travels & Rentals. Check with PAN or Application No.

Check on Registrar Portal
Stock Exchange Portal
BSE India Investor Portal

Official Bombay Stock Exchange investor verification channel using Issue Name and PAN Number.

Check on BSE India

Allotment Schedule & Milestones

IST
1. Allotment Finalization03 Sep 2024Basis of allotment declared
2. Refund Initiation1 day post allotmentUPI / ASBA mandate unblocked
3. Demat CreditPrior to listingShares credited to CDSL/NSDL
4. Listing Date05 Sep 2024Trading commences on exchange

How to Check Travels & Rentals Allotment Online

1Open Portal

Click on the official registrar link or BSE portal button above.

2Select Company

Select Travels & Rentals from the issue drop-down list.

3Enter Details

Select PAN, Application No., or DP Client ID and type your details.

4View Allocation

Click Submit to check your allotted share count and status.

Prospectus & Official Filings

Official FilingDRHP

Allotment FAQs & Help

About Travels & Rentals IPO

Complete issue overview for Travels & Rentals (TRAVELS) IPO. The issue features an equity share price band of ₹40 per share with a minimum retail lot size of 3000 Shares (minimum application amount of ₹1,20,000). Explore live market tracking on our GMP Tracker, compare against All IPO GMP Today, or view category bidding on the Subscription Page. Verify official allotment via IPO Registrars or review participating investment bankers in our Lead Managers Directory.

Frequently Asked Questions