Ish Travel & Tours Ltd - IPO

Ish Travel & Tours Ltd IPO Details

Initial public offer of up to 46,50,000 equity shares of Rs. 10 each (Equity Shares) of Ish Travel & Tours Limited (ITTL or the Cmpany) for cash at a price of Rs. [*] per share (the Issue Price), aggregating to Rs. [*] crores (The Issue), consisting of fresh issue of up to 24,00,000 equity shares aggregating to Rs. [*] crores and an offer for sale of up to 22,50,000 equity shares by pawan kumar khurana (the promoter selling shareholder or The Selling Shareholder) aggregating to Rs. [*] crores (Offer for Sale), of which up to 2,34,000 equity shares of Rs. 10 each will be reserved for subscription by market maker to the issue (the Market Maker Reservation Portion). The issue less than the market maker reservation portion i.e. issue of up to 44,16,000 equity shares of Rs. 10 each is hereinafter referred to as the Net Issue. The issue and the net issue will constitute 30.04%and 28.53% respectively of the post issue paid up equity share capital of the company. The face value of the equity share is Rs. 10 and the issue price is [*] times of the face value.

Objective of issue

Long term lease deposit for registred office. Funding working capital requirement. Website & platform modification. General corporate purpose.

Ish Travel & Tours Ltd Contact Details

Ish Travel & Tours Ltd, D-153/A 1st Flr, Okhla Industrial Are, Phase-I, New Delhi-110020

Phone - 91-11-26812682

Fax - 91-11-30857562

Email -

Website - www.ishtravel.com