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15 Days Price Change

Travels & Rentals IPO

Closing In

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WEBSITE Inc. Year: 1996 Industry: Travel Services Listed Page

Profile
Issue Size --
Profile
Price Range 40  to  40 per share
Profile
Min Investment ₹40
Profile
Lot Size 1
Profile
Face Value ₹10
Profile
Draft Prospectus --
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Profile
  • Basic Info
  • IPO Tentative Timetable
  • IPO Lot Size
  • Subscription Status
  • Financials
  • Profit & Loss
  • Balance Sheet
  • Cash Flow
  • Ratios
  • Growth Rates
  • Other info

Overview

Incorporated in 1996, Travels & Rentals Limited offers a comprehensive range of travel-related products and services designed to provide complete travel solutions. The company specializes in airline ticketing, hotel reservations, tour packages, rail tickets, and a variety of additional services such as travel insurance, passport and visa processing, and tickets for activities and attractions. Their services include: 1. Air Ticketing: Domestic and international flight bookings. 2. Packaged Tours: Customized inbound and outbound tour packages. 3. Hotel Reservations: Global hotel bookings and package deals. 4. Specialized Services: Visa and passport processing, travel insurance, and related services. Travels & Rentals Limited has established a robust 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, recognized by the Ministry of Tourism, Government of India, and is a member of both the Travel Agents Association of India (TAAI) and the Indian Association of Tour Operators (IATO). Read More

Basic Info

Face Value 10 per share

Price 40  to  40 per share

P/E (x) 12.1

Sales( Cr.) 11

PAT( Cr.) 3

EPS 3.3

Draft Prospectus --

Exchange BSE-SME

Promoter

Company Promoters

Mr. Devendra Bharat Parekh Mrs. Karuna Parekh Mrs. Anupama Singhi Mr. Tushar Singhi.

Pre Issue Share Holding 86.48%

Post Issue Share Holding 62.86%

Listing Details:

Listing Price: 50.353185595568

Listing Gain: 20.56%

Current Price: 19.1

Gain On Issue: 19.1 | 0%

GMP: --

GMP %: -- %

IPO Tentative Timetable

Opening Date Aug 29, 2024
Closing Date Sep 02, 2024
Allotment Sep 03, 2024
Refund Sep 04, 2024
Delivery of Shares Sep 04, 2024
Listing Date Sep 05, 2024

IPO Lot Size

Application Lots Shares Amount
Retail (Min) 1 3000 120,000
Retail (Max) 1 3000 120,000
S-HNI (Min) 2 6000 240,000
S-HNI (Max) 8 24000 960,000
B-HNI (Min) 9 27000 1,080,000

Objective of the Issue

1. Working Capital Requirement 2. General Corporate Expenses

Issue

Category Nos Bid Bid (x)
QIB 0 0 0x
NII 1530000 1154599200 754.6x
Retail 1530000 657747000 429.9x
EMP 0 0 0x
Total 3060000 1861887600 608.5x

Net Sales (in cr.)

Total Income (in cr.)

Operating Profit (in cr.)

Net Profit (in cr.)

Shareholder Funds (in cr.)

Total Assets (in cr.)

Travels & Rentals Profit & Loss

#(Fig in Cr.) Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 TTM
Net Sales 2 3 6 8 11
Other Income 0 0 0 1 1
Total Income 2 3 6 8 12
Total Expenditure 1 1 3 3 4
Operating Profit 1 2 3 5 8
Interest 1 1 0 1 4
Depreciation 0 0 0 0 0
Exceptional Income / Expenses 0 0 0 0 0
Profit Before Tax -0 1 2 4 4
Provision for Tax -0 0 1 1 1
Profit After Tax 0 1 2 3 3
Adjustments 0 0 0 0 0
Profit After Adjustments 0 1 2 3 3
Adjusted Earnings Per Share 0.1 1 2 3.3 2.6

Travels & Rentals Balance Sheet

#(Fig in Cr.) Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Shareholder's Funds 4 5 7 15 28
Minority's Interest 0 0 0 0 0
Borrowings 7 6 3 3 17
Other Non-Current Liabilities -0 -0 0 0 0
Total Current Liabilities 2 3 5 7 7
Total Liabilities 13 13 16 25 53
Fixed Assets 1 0 0 0 0
Other Non-Current Assets 4 4 6 8 15
Total Current Assets 8 8 10 17 37
Total Assets 13 13 16 25 53

Travels & Rentals Cash Flow

#(Fig in Cr.) Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Opening Cash & Cash Equivalents 0 0 0 0 0
Cash Flow from Operating Activities 0 2 3 -3 -21
Cash Flow from Investing Activities -0 -0 0 1 0
Cash Flow from Financing Activities -0 -2 -3 3 22
Net Cash Inflow / Outflow 0 0 0 0 1
Closing Cash & Cash Equivalent 0 0 0 0 1

Travels & Rentals Ratios

# Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Earnings Per Share (Rs) 0.05 1.02 1.96 3.33 2.63
CEPS(Rs) 0.16 1.1 2.05 3.4 2.68
DPS(Rs) 0 0 0 0 0
Book NAV/Share(Rs) 6.26 7.29 9.64 16.62 23.08
Core EBITDA Margin(%) 46.1 55.2 41.97 57.85 66.4
EBIT Margin(%) 42.54 55.21 42.86 63.84 71.15
Pre Tax Margin(%) -0.33 31.8 37.68 55.67 38.17
PAT Margin (%) 1.84 24.19 26.57 39.39 28.1
Cash Profit Margin (%) 5.44 26.03 27.8 40.14 28.61
ROA(%) 0.29 5.3 10.13 14.44 8.34
ROE(%) 0.87 15.12 24.45 26.72 14.96
ROCE(%) 6.8 12.61 19.07 29.56 24.13
Receivable days 993.65 731.86 474.79 538.7 697.5
Inventory Days 0 0 0 0 0
Payable days 0 0 0 0 0
PER(x) 0 0 0 0 19.33
Price/Book(x) 0 0 0 0 2.2
Dividend Yield(%) 0 0 0 0 0
EV/Net Sales(x) 4.88 3.14 1.28 1.65 7.07
EV/Core EBITDA(x) 10.57 5.51 2.91 2.56 9.87
Net Sales Growth(%) 0 42.46 98.75 32.76 52.14
EBIT Growth(%) 0 84.89 54.28 97.77 69.55
PAT Growth(%) 0 1770.19 118.29 96.86 8.53
EPS Growth(%) 0 1770.19 91.17 70.24 -21.12
Debt/Equity(x) 1.97 1.54 0.76 0.32 0.7
Current Ratio(x) 4.75 2.94 1.79 2.31 5.31
Quick Ratio(x) 4.75 2.94 1.79 2.31 5.31
Interest Cover(x) 0.99 2.36 8.28 7.82 2.16
Total Debt/Mcap(x) 0 0 0 0 0.32

Sihora Industries Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR 38% 54% 0% 0%
Operating Profit CAGR 60% 59% 0% 0%
PAT CAGR 0% 44% 0% 0%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR -63% NA% NA% NA%
ROE Average 15% 22% 16% 16%
ROCE Average 24% 24% 18% 18%

Company Contact Information

Travels & Rentals Ltd.

161 Lenin Sarani Dharmatala

IPO Lead Manager(s)

Travels & Rentals Ltd.

Finshore Management Services Ltd.

Registrar Info

Travels & Rentals Ltd.

Frequently Asked Questions

All You Need To Know About IPO

When you leave without vesting, generally unvested ESOPs are cancelled. Vested ESOPs usually can be exercised after you depart, often within 3 to 6 months, depending on the company's ESOP plan.

For companies listed on a stock exchange, you can sell the shares any time after you exercise the ESOP option and the shares are in your demat account. If the company is unlisted or otherwise a startup, you can only sell the shares if and when the company announces a buyback or has a process for secondary sales.

Whenever you exercised your options to hold shares, you entered into a market risk situation, and if the valuation of the company drops, so do the shares.

Yes. ESOPs are valuable to the employer in that the employer is able to retain the best talent, align employee interests with company goals, and preserve cash while rewarding performance.

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