Yatra Online IPO 2023: dates, price band, ₹775 Cr details

What the Yatra Online IPO was about

Yatra Online launched a book-built initial public offering (IPO) with a total issue size of ₹775 crore. The offer combined a fresh issue and an offer for sale (OFS), which is a common structure where the company raises new capital while existing shareholders also sell part of their holding. In this case, the fresh issue component aggregated to ₹602 crore, while the OFS aggregated to ₹173 crore. The IPO was positioned as a mainboard listing, with the shares slated to list on both NSE and BSE.

The key investor-facing terms were clearly defined in the material provided: a price band of ₹135 to ₹142 per share, face value of ₹1 per share, and a lot size of 105 shares. For retail applicants, the minimum application amount was calculated at ₹14,910 based on the upper end of the price band. The issue opened for subscription on Friday, September 15, 2023, and closed on Wednesday, September 20, 2023.

Offer structure: fresh issue and OFS

The IPO consisted of a fresh issue of 4.24 crore shares aggregating to ₹602 crore and an OFS of 1.22 crore shares aggregating to ₹173 crore. Another detailed line item in the provided content specifies the fresh issue as 4,23,94,366 shares and the OFS as 1,21,83,099 shares, which aligns with the broader share counts stated in crore terms.

This split matters because the fresh issue proceeds go to the company, while OFS proceeds go to the selling shareholder(s). The text also states that the OFS was “of up to 12.2 million shares by a promoter and existing investor,” matching the 1.22 crore share figure in rounded terms.

IPO dates: opening, closing, allotment, and listing

The subscription window was stated as September 15, 2023 to September 20, 2023. The allotment date mentioned was September 25, 2023. A listing date of September 28, 2023 is also stated in the issue details section.

At the same time, another line in the provided material says the IPO “will be listed on the BSE and NSE exchanges on September 29, 2023.” Since both dates appear in the source text, readers should treat September 28-29, 2023 as the listing window and verify the final listing date through exchange records or the final basis of allotment communication.

Price band, offer price, and face value

The price band was fixed at ₹135 to ₹142 per equity share (face value ₹1). The issue price is repeatedly referenced at ₹142 per share, including a line describing ₹142 per equity share with a share premium of ₹141 per share. The tick size captured in the market data section was 0.01, and the circuit band shown later in the provided snippet indicates an upper band of ₹179.91 and a lower band of ₹119.95 with a 20% price band.

Lot size and minimum investment for retail and NII

The lot size for the IPO was 105 shares, and bids were allowed in multiples of 105 shares after that. Based on the upper price band of ₹142, the minimum retail investment was stated as ₹14,910 for 1 lot.

The content also provides Non-Institutional Investor (NII) lot examples: sNII at 14 lots (1,470 shares) amounting to ₹2,08,740, and bNII at 68 lots (7,140 shares) amounting to ₹10,13,880. Separately, the maximum retail investment is stated as ₹193,830 for 13 lots (1,365 shares).

Investor reservation and category split

The offer reserved not less than 75% of the shares for Qualified Institutional Buyers (QIB). Not more than 15% was earmarked for Non-Institutional Investors (NII), and not more than 10% was reserved for retail investors. This split is consistent with standard mainboard IPO reservation frameworks referenced on many IPO information pages, and it is explicitly stated in the supplied text.

Anchor book: ₹348 crore raised before opening

Yatra Online IPO raised ₹348 crore from anchor investors on Thursday, September 14, one day before the issue opened. The anchor tranche typically helps set a demand tone for the institutional part of the book, and the ₹348 crore figure is directly stated in the provided content.

Subscription and grey market premium signals during the offer

On day 1, the IPO subscription status was stated at 11% overall, while the retail portion was subscribed 55% (as per BSE data cited in the text). Another line shows “1.61x Times Subscribed,” indicating that the overall issue was subscribed 1.61 times, though the exact end-of-issue timing for this figure is not specified in the provided text.

The grey market premium (GMP) mentioned for the day was ₹0, meaning shares were indicated to be trading around the issue price of ₹142 with no premium or discount, as per topsharebrokers.com cited in the source material.

Market data snapshot shown in the material (Feb 2026)

The provided snippet includes a price point for “YATRA” as of 12-Feb-2026 11:55:48 IST at ₹142.54, along with another value of 144.90 shown nearby. It also lists the upper band and lower band and the tick size. These figures appear as a market snapshot and are reproduced below as presented.

Key facts table

Price band and trading limits shown in the snapshot

Data inconsistencies present in the supplied material

A small section in the provided text contains conflicting historical IPO-like details, including an issue size of ₹132 crore, a price band of ₹114 to ₹120, a lot size of 125 shares, and a statement that shares were first listed on June 26, 2024. These figures do not match the main Yatra Online IPO details repeated throughout the same input (₹775 crore issue size, ₹135-₹142 price band, 105-share lot, and September 2023 timeline).

Given this inconsistency, investors should rely on the final offer documents and exchange disclosures for definitive terms, and treat the conflicting snippet as unverified within the context of the provided material.

Conclusion

Yatra Online’s IPO was detailed as a ₹775 crore book-built issue with a ₹602 crore fresh issue and a ₹173 crore OFS, priced in the ₹135-₹142 band with a 105-share lot size. The offer opened on September 15, 2023 and closed on September 20, 2023, with allotment stated for September 25, 2023 and listing indicated around September 28-29, 2023 on NSE and BSE. Key demand markers in the provided text included ₹348 crore raised from anchor investors, day-1 subscription of 11% overall (55% retail), and a GMP of ₹0 at the time referenced. The next step for readers tracking such issues is to confirm final listing day outcomes and post-listing performance through official exchange data.