31 Mar 2022
Assets13.34
Total Income2.91
Profit After Tax0.69
NET Worth4.91
Reserves and Surplus3.15
Total Borrowing7.55
At a glance
Updated 2026-08-24The shares listed at ₹55.00, a 37.50% move from the issue price. Travels & Rentals is a SME IPO with an issue size of ₹12.24 crore, proposed for listing on BSE SME. The offer opens on 29th Aug 2024 and closes on 2nd Sep 2024. The issue structure includes a fresh issue of ₹11.63 crore. The current listing schedule points to 5th Sep 2024.
Issue details
Listing atBSE SME
Issue typeFixed Price Issue
Issue size₹12.24 Cr
Fresh issue₹11.63 Cr
Face value₹10
Price band—–—
Allotment3rd Sep 2024
Listing5th Sep 2024
Listing performance
Full performance ↗Issue price₹40.00
Listing price₹55.00
Current price—
Listing gain37.50%
Current return—
Price progressionIssue → Listing → Current
Grey market
GMP page ↗Latest GMP₹20.00
GMP / upper priceNO DATA
Est. listing₹60.00
GMP is unofficial sentiment data, not an exchange price.
Timeline
Opens29th Aug 2024
Closes2nd Sep 2024
Allotment3rd Sep 2024
Refund4th Sep 2024
Demat4th Sep 2024
Listing5th Sep 2024
Subscription demand
Full bidding ↗Total608.46×
Lot size
| Investor | Lots | Shares | Amount |
|---|---|---|---|
| Minimum Bid | 1 | 3000 | — |
Company
Incorporated1996
Use of proceeds
| Object | Amount |
|---|---|
| To meet the Working Capital Requirements | ₹8.03 Cr |
| General Corporate Purposes | ₹2.50 Cr |
Financials
Full financials ↗31 Mar 2023
Assets16.47
Total Income5.79
Profit After Tax1.51
NET Worth7.42
Reserves and Surplus5.40
Total Borrowing5.61
31 Mar 2024
Assets24.70
Total Income8.04
Profit After Tax2.97
NET Worth14.78
Reserves and Surplus6.64
Total Borrowing4.71
Trend chart₹ crore
KPIs
| KPI | Mar 31, 2024 |
|---|---|
| ROE | 26.72% |
| ROCE | 27.54% |
| Debt / Equity | 0.32% |
| RoNW | 20.06% |
| PAT Margin | 36.91% |
| Price to Book Value | 2.2 |
Valuation & shareholding
Pre-IPO EPS3.64
Post-IPO EPS2.65
Pre-IPO P/E10.98
Post-IPO P/E15.11
Promoter holding pre86.48%
Promoter holding post62.86%
Market cap₹44.81 Cr.
Issue expenses
| Expense | Amount |
|---|---|
| Lead Manager Fees, Underwriting commission, including other intermediaries Fees, Printing and distribution of Issue Stationary | ₹0.71 Cr |
| Regulators Including Stock Exchanges | ₹0.14 Cr |
| Advertising, Selling, Marketing and Advisory Expenses | ₹0.86 Cr |
Registrar & lead managers
Registrar
Cameo Corporate Services Ltd.Lead managers
- Finshore Management Services Ltd.
Offer documents
Data is reconciled from multiple public IPO sources. Official exchange filings and offer documents remain the source of truth. Last verified 2026-08-24.