TRAVELS & RENTALS LIMITED

Travels & Rentals is open for subscription from   Thursday, August 29, 2024, and closes on Monday, September 2, 2024. The price for this IPO is set at Rs 40 per share. Travels & Rentals IPO is offering entirely a fresh issue of 30.60 lakh of equity shares. The allotment for this new IPO is expected to be finalised on Tuesday, September 3, 2024. The listing of this IPO will be done on Thursday, September 5, 2024, at the BSE SME segment. The minimum lot size set for the retail category is 1 lot, i.e., 3000 shares. For retail investors, the minimum and maximum investment amount required is Rs 120,000. However, for the HNI category, the minimum lot size is 2 lots, i.e., 6000 shares amounting to Rs 240,000. The IPO is managed by Finshore Management Services Limited, which is the book-running lead manager of this public issue. The company has appointed Cameo Corporate Services Limited as the registrar for the issue.