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Yatra IPO Online gets SEBI nod for IPO; Company will soon come up with offering

Yatra Online Ltd has received the final observation letter dated November 17 from Sebi in connection with its DRHP filed in March, the Nasdaq-listed Yatra Online Inc said in a statement. In Sebi s parlance, receiving an observation letter implies its go ahead to float the IPO.

Nasdaq-listed Yatra Online s Indian subsidiary files papers for an IPO

Yatra Online files draft papers for IPO

According to the Draft Red Herring Prospectus, the company plans to utilise the net proceeds from the fresh issue for strategic investments, acquisitions and inorganic growth and investment in customer acquisition and other organic growth initiatives.

Yatra Online Ltd files preliminary papers for IPO - Jammu Kashmir Latest News | Tourism

Yatra Online Ltd files preliminary papers for IPO - Jammu Kashmir Latest News | Tourism
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