Yatra.com expects continued revenue growth in second half of FY24 and FY25. Yatra India serves a significant portion of top-listed companies, accounting firms, and technology companies. Shringi highlighted, “Given our stronger balance sheet following the IPO,” retail investors played a significant role, subscribing 2.11 times. Qualified institutional buyers subscribed 2.05 times, and high net-worth individuals subscribed at 42 per cent. Yatra.com raised ₹775 crore through a fresh issue ( ₹602 crore) and an offer for sale (₹173 crore).

Source: The Hindu November 28, 2023 13:55 UTC