Trekkingtoes.com Ltd IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| NII (HNI) | — | 205,200 (47%) | — | ₹215 Cr |
| Retail | — | 205,200 (47%) | — | ₹215 Cr |
| Market Maker | — | 22,800 (5%) | — | ₹2 Cr |
| Σ Total | — | 433,200 (100%) | — | ₹4,549 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 1,200 | ₹126,000 |
| Retail (Max) | 13 | 15,600 | ₹1,638,000 |
| S-HNI (Min) | 14 | 16,800 | ₹1,764,000 |
| B-HNI (Min) | 67 | 80,400 | ₹8,442,000 |
Financial Statements Amount in Rs Cr
| Metric | 31-March-20 | 31-Mar-19 | 31-Mar-18 |
|---|---|---|---|
| Revenue | 270 | 484 | 317 |
| Profit After Tax | 3 | 107 | 44 |
| Total Assets | 143 | 52 | 40 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- Strategic initiatives and investments – 3.00
- Repayment and pre-payment of a portion of certain indebtedness availed by our company – 0.40
- General corporate purposes – 0.87
Company Overview
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 Strengths
1. Skilled and dedicated manpower
2. Stringent quality control process
3. A route specific approach for customer
4. Dynamic price algorithm