YATRA ONLINE LIMITED

YATRA ONLINE LIMITED - IPO DETAILS 

Company Overview 

Established in 2005, Yatra Online Limited is a comprehensive travel platform serving both domestic and international customers. Their services encompass air ticketing for Indian and international airlines, bus and rail ticketing, cab bookings, and various ancillary services within India. Additionally, they facilitate hotel and accommodation bookings, boasting a selection of around 105,600 hotels in 1,490 cities and towns across India as of Fiscal 2023. Moreover, Yatra Online offers access to over two million hotels worldwide through their website, mobile apps, corporate SaaS platform, and associated platforms. 

With a vast network of over 94,000 contracted hotels and homestays in approximately 1,400 Indian cities and a presence in more than 2 million hotels globally, Yatra Online stands as India's largest domestic hotel platform. Furthermore, the company has expanded its corporate service offerings with the recent introduction of Yatra Freight, a freight forwarding business. 

The company serves a diverse clientele, catering to both B2B and B2C customers. This strategic approach allows the company to focus on India's most frequent and high-spending travelers, particularly educated urban consumers. As of Fiscal 2023, the company boasts a substantial customer base, with over 813 corporate clients and more than 49,800 registered SME customers. Notably, it holds the position of the third-largest consumer online travel company (OTC) in India in terms of gross booking revenue. Additionally, the company leads in hotel and accommodation partnerships, with a vast network of over 2,105,600 tie-ups, surpassing other key domestic OTA players in this regard. 

Objective of the IPO 

Here are a few quick reasons why Yatra Online Limited going public:  

1. Pursuing strategic investments, acquisitions, and inorganic expansion opportunities. 

2. Allocating resources for organic growth initiatives, such as customer acquisition, retention, technology enhancements, and other key areas. 

3. Allocating funds for overarching corporate needs and objectives. 

Company Financials 

Key Performance Indicator 

Pros 

1. The company operates a unique SaaS-based fintech platform that provides a variety of payment options, mobile applications, and API integrations, catering to diverse customer preferences and requirements. 

2. The company has established partnerships with 700 major corporations and maintains a customer base of more than 46,000 registered SME clients. Furthermore, it's worth noting that the B2B segment within the Indian online travel agency (OTA) industry is anticipated to experience a compounded annual growth rate (CAGR) ranging from 12% to 14%. 

3. The platform offers booking services for more than 93,500 properties, including hotels and homestays, spanning across 1,400 cities in India.  

4. Yatra employs a multi-channel go-to-market strategy to serve both business and leisure travelers. 

Cons 

1. The Indian online travel industry is characterized by intense competition, with most players operating on very narrow profit margins. 

2. A pandemic or similar crisis significantly disrupts the travel and tourism sector, often making it one of the last industries to experience a recovery.  

3. The performance of the travel and tourism industry is closely linked to the overall economic conditions and health of the economy. 

How to Apply for this IPO 

1. Go to https://ipo.adityatrading.in/ 

2. Enter your Client ID 

3. Enter the OTP received in your registered mobile number. 

4. Choose the IPO and click on apply button. 

5. Enter the UPI ID, Quantity, and Cut off the price. 

6. Click on submit button 

7. Confirm the mandate request received on your phone by entering the UPI Pin. 

You can also watch our youtube video on “How to Apply on IPO” by clicking on the link “https://www.youtube.com/watch?v=1qOI8dCpl1I&ab_channel=ATS”