IPO Issue Details
Issue Price / Price Band₹105 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size1,200 Shares per Lot
Total Issue Size4,33,200 shares (aggregating up to ₹4.55 Cr)
Issue TypeFixed Price IPO
Sale Type / CategoryFresh Capital
Exchange / PlatformBSE SME
IPO TypeSME
Subscription OpenTue, 18 Aug 2020
Subscription CloseThu, 20 Aug 2020
Anchor AllotmentMon, 17 Aug 2020
Basis of AllotmentTue, 25 Aug 2020
Initiation of RefundsWed, 26 Aug 2020
Credit of Shares to DematThu, 27 Aug 2020
Listing DateFri, 28 Aug 2020
UPI Mandate Deadline2020-08-20
Application & Investment Details
Retail — Min (1 Lots)₹1,26,000 — 1200 shares
Retail — Max (13 Lots)₹1,638,000 (13 Lots)
HNI — Min (2 Lots)₹2,52,000 — 2,400 shares
Net Offer to Public4,10,400 shares (aggregating up to ₹4.31 Cr)
Reserved for Market Maker22,800 shares (aggregating up to ₹0.2394 Cr)
Pre-IPO Promoter Holding11,69,112 shares
Post-IPO Promoter Holding16,02,312 shares
About Trekkingtoes.com Ltd
Incorporated in 2012, Trekkingtoes.com Limited offers travel aggregator platform and cab rental services online. The customers can book the cabs through website (www.hippocabs.com), mobile app (HippoCabs) and call booking service.It has more than 4000 registered vehicles and 1500 vendors for intercity services. The company provides route specific approach (enabling the client to pay only for one way and for drivers to have customers on both the sides) and dynamic pricing model across 200 cities in India.The company is also engaged in offering Currency Conversion, Software Consultancy, and Data Base trading Services in India as well as international markets.Competitive Strengths1. Skilled and dedicated manpower2. Stringent quality control process3. A route specific approach for customer4. Dynamic price algorithm
Objects of the Issue
Trekkingtoes.com Ltd proposes to utilise the net proceeds from the Issue for the following objects:
1
Strategic initiatives and investments
3.00
2
Repayment and pre-payment of a portion of certain indebtedness availed by our company
0.40
3
General corporate purposes
0.87
Shareholding & Lock-in
Pre-IPO Promoter Holding
11,69,112 shares
Post-IPO Promoter Holding
16,02,312 shares