Sector: Travel Technology and Online Services | Upcoming Mainboard IPO
SNVA Traveltech Ltd., the parent company of online travel booking platform Travomint, has filed its Updated Draft Red Herring Prospectus-I (UDRHP-I) with SEBI for its proposed initial public offering. The proposed IPO will comprise an Offer for Sale of up to 12.75 crore equity shares by its promoters, Alok Kumar Singh and Vivek Kumar Singh. The issue will not include a fresh issue component, meaning the company will not receive any proceeds from the public offering.
The company operates an online travel platform offering flight bookings, hotel reservations and other travel-related services. According to its financial disclosures, revenue from operations increased 58.1% YoY to Rs. 189.1 crore in FY26 from Rs. 119.6 crore in FY25, while net profit rose 73.7% to Rs. 70.8 crore from Rs. 40.8 crore. The proposed IPO marks another development in India’s online travel and technology sector. However, the price band, issue size in rupee terms and subscription schedule are yet to be announced.
Source: Moneycontrol / SEBI filing
