Travels & Rentals IPO open date is August 29, 2024 and the IPO will close on September 2, 2024. Travels & Rentals is a Fixed Price Issue. The company to raise around ₹12.24 crores via IPO that comprises fresh issue of ₹12.24 crores and offer for sale up to [.] equity shares with face value of ₹10 each.
Travels & Rentals IPO price band is ₹40. The retail quota is 50%, QIB is [.]%, and HNI is 50%. Travels & Rentals IPO to list on BSE on September 5, 2024. The allotment of Travels & Rentals IPO date is September 4, 2024.
The company reported revenue of ₹8.04 crores in 2024 against ₹5.79 crore in 2023. The company reported profit of ₹2.97 crores in 2024 against loss of ₹1.51 crores in 2023. As per the financials the IPO investors should apply the IPO for a long term.
Travels & Rentals SME IPO Details
| IPO Open Date: | August 29, 2024 |
| IPO Close Date: | September 2, 2024 |
| Face Value: | ₹10 Per Equity Share |
| IPO Price Band: | ₹40 Per Share |
| IPO Listing At: | BSE SME |
| Retail Quota: | 50% of the Net Issue |
| SME IPO Issue Type: | Fixed Price Issue |
| SME IPO Issue Size: | ₹12.24 Cr |
| Fresh Issue: | ₹12.24 Cr |
| Face Value: | ₹10 Per Equity Share |
| SME IPO Discount: | TBD |
| Promoter Holding Pre IPO: | 86.48% |
| Promoter Holding Post IPO: | 62.86% |
Travels & Rentals SME IPO dates
Get important updates regarding Travels & Rentals SME IPO tentative timeline covering SME IPO opening, closing, allotment, and listing dates. Dates are updated as they are announced.
| SME IPO Activity | Date |
| Basis of Allotment Date | 3rd Sep 2024 |
| Refunds Initiation | 4th Sep 2024 |
| Credit of Shares to Demat | 4th Sep 2024 |
| SME IPO Listing Date | 5th Sep 2024 |
Travels & Rentals SME IPO Lots
| SME IPO Activity | Date |
| Issue Price | ₹40.00 |
| Market Lot | 3000 Shares |
| 1 Lot Amount | ₹120000 |
| Min HNI Lots | 6000 shares (2 lots)- ₹240000 |
Travels & Rentals Company Financial Report
The company reported revenue of ₹8.04 crores in 2024 against ₹5.79 crore in 2023. The company reported profit of ₹2.97 crores in 2024 against loss of ₹1.51 crores in 2023.
| Period Ended | Revenue | Expense | Profit After Tax | Assets |
| 2022 | ₹2.91 | ₹2.00 | ₹0.69 | ₹13.34 |
| 2023 | ₹5.79 | ₹3.65 | ₹1.51 | ₹16.47 |
| 2024 | ₹8.04 | ₹3.84 | ₹2.97 | ₹24.70 |
