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IPO Synopsis Travels & Rentals Ltd
Registered Office : 161 Lenin Sarani,Dharmatala, Kolkata - 700013, West Bengal, India.
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 Money Payable On
Opens On Closes On Application Allotment
 29-Aug-24  02-Sep-24  40.00-0.00  0.00-0.00
Minimum Application for shares in Nos :  3000   Further Multiples of :  3000
  Rs Cr Lead Managers to the Issue
Project Cost  10.53 Finshore Management Services Ltd
Project Financed through Current Offer  12.24  
Post Issue Equity Share Capital  11.20  
Issue Price  40.00  
Projects
 Working Capital Requirement  General Corporate Expenses
Promoted By
 Devendra Bharat Parekh
 Karuna Parekh
 Anupama Singhi
Listing At
 BSE - SME
Registrar to the Issue
No Data available..!
 
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