Yatra Online Limited IPO Message Board (Page 5)

QIB sirf IPO withdraw hone se bacha sakte hai, loss se nhi at this moment.

I will skip this IPO. Just look at reviews on various forums like mouthshut, trustpilot for Yatra and compare it with EMT. You will see the difference.

Going by fundamentals, EMS, RR KABEL may list with premium. SAMHI and ZAGGLE may list around par levels. YATRA, SIGNATUREGLOBAL and SAI SILKS may be available in discount. The reason is hefty premium not backed by earnings.Broader Market also factored in all positives viz. better half-year results, robust tax collections. If Market retreats for a couple of sessions all premiums, if any, in these MAINBOARD IPOs will vanish as happened in INOX GREEN, KEYSTONE REALTORS, DHARMAJ, UNIPARTS, SULA, ABANS and ELIN Electronics IPOs in DEC.22. Be aware. Back only fundamentally strong IPOs. Leave the Greedy promoters’ Issues.

Sai Silks is reasonably valued based on the financials. As per financials it has revenue of 1300+ crores and PAT of 97 Crores and PE of 27. As per my analysis its not expensive.

Out of the current IPOs, SAMHI, YATRA & SIGNATUREGLOBAL, these 3 are clear AVOID for me. So no regrets.

Very strange

IPO to close tomorrow

No demand in Grey as of now

GMP : 0

Price band not lowered?
Have the rules been relaxed or what?

Strange to see retail quota subscribed 1.41 times despite all the negatives 😇

Final Verdict

Clear Cut avoid from my Part

If you are in love with this company , buy from
NASDAQ , Getting at 55% Discount

If some serious demand comes overnight or From QIB part , then will look tomorrow

But 95 % chances of Avoid

My Last avoids

Pyramid technoplast
USK infra

Can we buy on nasdaq
And sell on NSE on listing

Sir good imagination
Par ye sirf ek kalpana he
Iska vastvik jevan me koi adhar nahi he

Skipping this one.

Yatra wale Yatri Gann Apne Jaan Maal ki Suraksha Swayam kare.

YATRA में यात्रीगण अपने पैसे का स्वयं ध्यान रखें।

Mind the gap :-)

Negative results with 250+ p/e and bringing the IPO with a straight face along with some puny new defenders joining forum for an explanation over valuation.
Stock market is really a place filled with frauds keeping their mouth open like a crocodile waiting for you to put your arms in for investing, one snap and you loose your arms.

Dear monster zero,
I feel you are busy, your recommended apar continue uptrend, please suggest can sell mirza and red tape and enter other as suggest by you🙏,
Thanks

​@DHARMENDRA SHARMA 
Ikio is a value pick,
Along with FCL and kpit

Kehan ki Yatra karni hai?
Antim Yatra???
Yaa kedarnath Badrinath

Ye IPO me Imran Hasmi ka hath hai :)

PS:
6th sense!

This screenshot provides a clear view of Yatra India. Where it will go.
Rest all have clear sense.
Remember history repeats itself.

Retail Quota Full in 2 Hours... Amazing... I doubt...

Clear cut avoid the Yatra issue.
किसी के झांसे में न आयें.
New members joining the forum only for Yatra ipo, giving fancy and illogical reasons.
Giving examles of SEC website and NASDAQ. जो retailer बिना देखे बस IPO लगा देते हैं, सावधान रहें.
Some retailers just apply any IPO, BE CAUTIOUS. 👎👎👎👎

This ipo page is crazy. Some US investor posting his views, a new guy posting data from SEC, writing long perfect structured posts. They think we are dumb.
Aisa kidhar dekhne ko milega.

Yatra team is doing everything they can do for this IPO to sail through.
Hospitality Industry is in loss and will be in loss for more time.

Samhi Hotel is struggling to get enough subscription. same may happen with Yatra.

Anyways who uses Yatra now when every second app is offering Hotel/Train/flight booking. ?

I dont this this is significant business any more. Investors also understand this so they want to exit by selling over they shares to Dump Public.

Dear Innocent Members...
Please Beware from New Member 'Tag' people (Who login within 5 day) who advertising only this perticular IPO by writing Essay type msgs.

Not avoiding

Big big avoiding

A lot of criticism and misunderstanding of Yatra 200 p/e. IPO investors should take a closer look at the quarterly reports made in the U.S. on Yatra's website and SEC website.  Of critical importance, Results From Operations for Q4 was 115.5m vs only 79.7m for FY2023, because the first nine months of FY23 were loss making.  The annual FY23 figures presented in the RHP are therefore not a meaningful indicator of potential profits going forward. Keep in mind too that at YTRA HoldCo level on NASDAQ there are extra operating costs that make Yatra India results even stronger than NASDAQ results.

Also, important to note that finance costs should fall away in the future with new cash infusion, and net cash position will even generate some interest income.   In RHP figures for Yatra India, there are 234.1m in finance costs for FY23 from factoring and working capital borrowings that will be paid off.

Overall, I estimate true p/e is closer to 50-60x based on Q4 run-rate.  If growth continues, operating leverage should grow profits faster than revenues, and it's not hard for forward p/e to be modeled at significantly lower values.

Another poster criticized the contribution of Other Income (mostly write-back of liabilities) to profits.  This looks bad on an annual basis but I direct this poster to look at quarterly results where Other Income has fallen significantly to only 22.2m in Q4.

vs Easy Trip, it can't be ignored that Yatra revenue multiple is only a fraction of Easy Trip.  Also, look at Easy Trip quarterly revenue trend -- revenues peaked 12/31/22, then fell 3/31/23, and then fell further 6/30/23.  EasyTrip deserved to get re-rated downward in the past 12 months as revenue fell.   Yatra rebound is on a different curve. Corporate travel is slower to come back and still growing.  Yatra adjusted revenue as reported to SEC has generally increased the past 5 quarters: 908m, 1,254m, 1,516m, 1,489m, 1,895m. Looking at 3/31/22 to 3/31/23 quarters, that is more than 100% growth. Management continues to note strong trends in the corporate segment in recent 25-minute CEO interview:
https://www.bqprime.com/markets/yatra-online-ipo-subscription-day-1-live-updates

Posters here have criticized why do the IPO now if results are just turning a corner, but it's obvious the company has been facing working capital constraints with high growth. With interest rates elevated, it is conservative to raise more equity instead of debt.

Additional criticism has been made of NASDAQ history and long-term stock depreciation.  Counter argument is the stock is up almost 500% from its Sept 2020 lows of ~$0.55 to $2.50, and it continues on a recovery trajectory, now with much leaner operations than pre-covid and an emerging corporate Freight business.

The biggest risk for investors is if June quarter that will be reported soon does not show similar or higher profits vs March quarter or does not show revenue growth.  If the June quarter is decent, investors who were only looking at annual RHP data will realize how much stronger the forward run-rate financials are than RHP.

Aa Gaya @Ryan g ka colleague ya wahi khud naam change kar ke aa gaya

​@Scrip Slinger Thank you for the mindboggling analysis of this IPO. But for me this one is a big AVOID.

Isko bi sirf QIB bacha sakti he Varna kal retailers sab withdraw kar lenge profit Wale to ipo lagte nhi but aise loss Wale lag k fas jate he