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Travels & Rentals Limited IPO (Travels & Rentals IPO) Details

Travels & Rentals Limited

Travels & Rentals IPO's overview

Travels & Rentals IPO bidding started from Aug 29, 2024 and ended on Sep 02, 2024. The allotment for Travels & Rentals IPO was finalized on Sep 03, 2024. The shares got listed on BSE on Sep 05, 2024.

Travels & Rentals IPO price band is set at ₹0 to ₹40 per share. The minimum lot size for an application is 3000 Shares. The minimum amount of investment required by retail investors is ₹0.

Refer to Travels & Rentals IPO RHP for detailed information.

  • IPO date

    Aug 29,2024 - Sep 02,2024

  • Listing Date

    Sep 05,2024

  • Face value

    ₹10

  • Price Band

    0₹40 per share

  • Lot

    ₹3000 Shares

  • Total Issue Size

    30.60 Lakh (30,60,000)

    aggregating up to ₹12.24 Cr (12,24,00,000)

  • Fresh Issue

    30.60 Lakh (30,60,000)

    aggregating up to ₹12.24 Cr (12,24,00,000)

  • Issue Type

    Fixed Price

  • IPO Type

    SME

  • Listing At

    BSE

  • Thu, Aug 29, 2024

    IPO Open

  • Mon, Sep 02, 2024

    IPO Close

  • Tue, Sep 03, 2024

    Basis of Allotment

  • Wed, Sep 04, 2024

    Initiation of Refunds

  • Wed, Sep 04, 2024

    Credit of Shares to Demat

  • Thu, Sep 05, 2024

    Listing

Travels & Rentals IPO Day-wise IPO GMP Trend

Travels & Rentals IPO last GMP is ₹20, last updated Sep 04,2024. With the price band of 40.00, Travels & Rentals IPO's estimated listing price is ₹60 (cap price + today's GMP).The expected percentage gain/loss per share is 50.00%.

DateIPO PriceGMPEstimated Listing PriceLast Updated
04-Sep-2440.0020
60(50.00%)4-Sep-2024 16:56
03-Sep-2440.0020
60(50.00%)3-Sep-2024 23:25
02-Sep-2440.0022
62(55.00%)2-Sep-2024 23:28
01-Sep-2440.0020
60(50.00%)1-Sep-2024 23:23
31-Aug-2440.0018
58(45.00%)31-Aug-2024 23:23
30-Aug-2440.0016
56(40.00%)30-Aug-2024 23:30
29-Aug-2440.0014
54(35.00%)29-Aug-2024 23:31
28-Aug-2440.0012
52(30.00%)28-Aug-2024 23:32
27-Aug-2440.0010
50(25.00%)27-Aug-2024 23:32
26-Aug-2440.008
48(20.00%)26-Aug-2024 23:32

Travels & Rentals IPO Lot Size

ApplicationLotsSharesAmount

Retail(Min)

13,000₹1.20 Lakh (1,20,000)

Retail(Max)

13,000₹1.20 Lakh (1,20,000)

HNI(Min)

26,000₹2.40 Lakh (2,40,000)

Travels & Rentals IPO Reservation

Investor CategoryShares Offered
Offered to RII14.54 Lakh (14,53,500)
Offered to Others14.54 Lakh (14,53,500)

About Travels & Rentals Limited

Incorporated in 1996, Travels & Rentals Limited provides a wide range of travel-related products and services for complete travel solutions. The company offers airline tickets, hotels, tour packages, rail tickets, as well as additional services like travel insurance, passport & visa processing, and tickets for activities and attractions.

The products/services of the company include the following:

  1. Air ticketing - domestic and international flights
  2. Packaged Tours - inbound and outbound customised tours
  3. Hotel Reservation - worldwide hotel reservation and packages.
  4. Visa, Passport, Insurance and other related specialized services.

The company has a strong network with travel agents across Europe, the USA, South and Southeast Asia, the Middle East, Africa, and Australia.

The company is accredited by the International Air Transport Association (IATA) in Geneva, Switzerland. It is also recognized by the Ministry of Tourism, Government of India and is a member of both the Travel Agent Association of India (TAAI) and the Indian Association of Tour Operators (IATO).

As of March 31, 2024 the company has 58 employees.

Travels & Rentals IPO's documents

Travels & Rentals Limited Contact Details

Travels & Rentals Limited
161, Lenin Sarani
Dharmatala
Kolkata - 700013,
Phone: +91 33 40000777
Email: [email protected]
Website: https://www.travelsandrentals.in/

Travels & Rentals IPO's Promoters

The promoters of the company are Mr. Devendra Bharat Parekh, Mrs. Karuna Parekh, Mrs. Anupama Singhi, and Mr. Tushar Singhi.