IPO

Explore our secure online trading, IPO bidding, mutual fund investments, and depository services, all designed to provide seamless transactions, expert insights, and real-time market access for smart investing

Travels & Rentals Ltd

Registered Office : 161 Lenin Sarani,Dharmatala,Kolkata West Bengal 700013 Phone : +91 33 4000 0777
Fax :

Email : cs@travelsandrentals.com

Website : www.travelsandrentals.in

Initial public offer of 30,60,000 equity shares of face value of Rs. 10/- each ("Equity Shares") of Travels & Rentals Limited (the "Company" or the "Issuer") for cash at a price of Rs. 40/- per equity share, including a share premium of Rs. 30/- per equity share (the "Issue Price"), aggregating to Rs. 12.24 crores ("The Issue"), of which 1,53,000 equity shares of face value of Rs. 10/- each for cash at a price of Rs. 40/- per equity share, aggregating to Rs. 0.61 crores will be reserved for subscriptions by the market maker to the issue (the "Market Maker Reservation Portion"). The issue less market maker reservation portion i.e. issue of 29,07,000 equity shares of face value of Rs. 10/- each for cash at a price of Rs. 40/- per equity share, aggregating to Rs. 11.63 crores is here in after referred to as the "Net Issue". The issue and the net issue will constitute 27.31% and 25.95% respectively of the post issue paid up equity share capital of the company. The face value of the equity share is Rs. 10/- each and the issue price is Rs. 40/- each i.e., 4.0 times of the face value of the equity shares. The minimum lot size is 3,000 equity shares

Issue

Opens On

Closes On

29-Aug-2024

02-Sep-2024

Money Payable On

Application

Allotment

40.00

0.00

Minimum Application for shares in Nos : 3000.0 Further Multiples of : 3000.0

₹Cr

Lead Managers to the Issue

Project Cost (₹.Cr)

Project Financed through Current Offer (₹.Cr)

Post Issue Equity Share Capital (₹.Cr)

Issue Price (₹.Cr)

10.53

12.24

11.20

40.00

Finshore Management Services Ltd

Projects

Working Capital Requirement

General Corporate Expenses

Promoted By

Devendra Bharat Parekh

Karuna Parekh

Anupama Singhi

Listing At

BSE - SME

Registrar to the Issue

Cameo Corporate Services Ltd