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Travels & Rentals Limited

  • Minimum Investment
    ₹1,20,000
  • Price Range
    ₹40 - ₹40
  • Issue Size
    ₹12.24 Cr
  • Lot Size
    3000 shares

This stock belongs to the SME (Small & Medium Enterprises) segment which usually has low liquidity and hence, is also riskier. It will be traded in a lot size of 2000 shares after listing.

Proceeds of this IPO to be used for

To meet the working capital requirements

General corporate purposes

Download RHP DocumentGet more in-depth details about this IPO.

Strengths & Weaknesses of Travels & Rentals Limited

Scalable business model

The company's order-driven business model focuses on using resources efficiently, which helps reduce the cost of producing each unit as production increases. This allows the company to scale up its operations based on demand.

Product offering

The company offers a complete range of travel services, including visa processing, ticketing, holidays, insurance, and foreign exchange, all in one place. With a wide choice of product offerings, the company caters to all the travel needs of an Indian and International traveller.

Competitive industry

Some of the company's competitors have greater financial resources, stronger marketing, and more experienced management. Additionally, some competitors have a longer history and established reputation in the Indian travel market, which allows them to offer more services and facilities at competitive prices.

Legal proceedings

The company, its promoter group, and group entities are involved in certain legal proceedings. Any adverse outcomes in these proceedings may significantly impact the business, results of operations, and financial condition.

Disruption in industry

The company may face service shortages due to market conditions, diseases, strikes, and financial issues, leading to flight cancellations, delays, and disruptions that could adversely affect operations.

Financials

Earnings Per Share

Earnings Per Share (EPS) is calculated by dividing a company’s net income by its average number of outstanding shares.

No Data

Balance Sheet

A financial statement that provides details about a company’s assets, liabilities, and shareholders’ equity at a given point in time.
Particulars (In Cr)Y/Y Change
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Total Non-Current Assets--
Fixed assets--
Total assets--
Total Current Liabilities--
Total Non-Current Liabilities--
Total Capital Plus Liabilities--
Total Shareholder Funds--
Total Debt to Equity--

Cash Flow

The net amount of cash or cash equivalents being transferred in and out of a company for a specified period of time. Cashflow stems from operating, investing and financing activities.
Particulars (In Cr)Y/Y Change
Cash from Operating Activity--
Cash from Financing Activities--
Cash from Investing Activities--
Net Cash Flow--

About Travels & Rentals Limited

Travels & Rentals Ltd. was incorporated on September 23, 1996. The company provides a complete range of travel products and services, including airline tickets, hotels, tour packages, rail tickets, travel insurance, and passport and visa processing. Since 2010, the company has also held a franchise from Lufthansa City Center International GmbH (LCCI) and has the right to operate under the "Business Plus Lufthansa City Center" brand in India.
  • Promoter
    Devendra Bharat Parekh
  • Promoter
    Karuna Parekh
  • Promoter
    Anupama Singhi
  • Promoter
    Tushar Singhi

Travels & Rentals Limited IPO FAQs

What is Travels & Rentals Limited IPO?

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Travels & Rentals Limited IPO refers to the initial public offering of shares by Travels & Rentals Limited. It is a process by which the company offers its shares to the public for the first time, allowing individuals to become shareholders.

What is the issue size of Travels & Rentals Limited IPO?

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For Travels & Rentals Limited IPO the issue size is ₹12 Cr. The issue size is the total value of the shares offered to the public. It represents the amount the company aims to raise through the IPO.

What is the minimum investment amount for the Travels & Rentals Limited IPO?

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For Travels & Rentals Limited IPO the minimum investment is ₹1,20,000. The minimum investment for Travels & Rentals Limited IPO is the smallest amount an individual can invest to participate in the offering. It is usually determined by the company and regulatory requirements.

What is the lot size of Travels & Rentals Limited IPO?

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For Travels & Rentals Limited IPO the lot size is 3000 shares. The lot size of Travels & Rentals Limited IPO refers to the number of shares that investors need to bid for and purchase in a single transaction. It is predetermined by the company and regulators.

How to apply for Travels & Rentals Limited IPO on Share.Market?

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To apply for Travels & Rentals Limited IPO on Share.Market, go to the home page section and click/press on the browse IPOs section to view the open and upcoming IPOs. Select the Travels & Rentals Limited IPO from the list and click on apply now. Place your bids or choose the Cut-off Price option. Enter your UPI ID and set up your mandate to place your application.

Can I pre-apply for Travels & Rentals Limited IPO?

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Yes, investors can often pre-apply for some of the IPOs. Pre-application allows individuals to express their interest in participating in the IPO before the official subscription period begins. To pre- apply for Travels & Rentals Limited IPO on Share.Market, go to the home page section and click/press on the browse IPOs section to view the open and upcoming IPOs. Select the IPO from the list and click on pre-apply now. Once the IPO opens for subscription you can enter your UPI ID and set up your mandate to place your application.

How many days is the IPO application window open?

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The IPO application window typically remains open for 3 days, starting from the date of the IPO opening. However, this duration can vary depending on the specific IPO and the regulatory requirements.

Till what time can I apply for an IPO on the last day on Share.Market?

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You can apply for the IPO till 3 PM on the last day of application on Share.Market.

What is the allotment date of Travels & Rentals Limited IPO?

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For Travels & Rentals Limited IPO the allotment date is September 3, 2024. The allotment date of Travels & Rentals Limited IPO is the date on which shares are allocated to the successful bidders. It marks the distribution of shares to investors.

What are the open and close dates of Travels & Rentals Limited IPO?

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For Travels & Rentals Limited IPO, the subscription opens on August 29, 2024 and closes on September 2, 2024. The open and close dates of an IPO indicate the period during which investors can submit their bids to participate in the offering.
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