StockWatch
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Tour- Travel Related Services
Regulatory12 Aug 2026, 11:10 pm

Yatra Online IPO Proceeds Utilization Confirmed by ICRA

AI Summary

Yatra Online Ltd has submitted its Monitoring Agency Report for the quarter ended June 30, 2026, prepared by ICRA Limited. The report confirms that the utilization of proceeds from the company's Initial Public Offer (IPO) is in line with the stated objects of the issue, with no deviation observed. The report, issued on August 12, 2026, is in accordance with SEBI regulations. Yatra Online will make this report available on its website. The IPO, which opened on September 15, 2023, and closed on September 20, 2023, had an issue size of ₹775.000 Crore, with net proceeds of ₹570.097 Crore (excluding issue-related expenses).

Key Highlights

  • Yatra Online's IPO proceeds utilization is in line with issue objectives.
  • No deviation reported by Monitoring Agency ICRA Limited.
  • Report covers utilization for the quarter ended June 30, 2026.
  • IPO issue size was ₹775 Crore with net proceeds of ₹570.1 Crore.
  • Report submitted as per SEBI (ICDR) Regulations.