Yola Stays Ltd - IPO

Yola Stays Ltd IPO Details

Initial public offering of up to 31,50,000* equity shares of face value of Rs. 5 each (Equity Shares) of Yola Stays Limited (The Company or the Issuer) for cash at a price of Rs. [*] per equity share (including a premium of Rs. [*] per equity share) (Issue Price) aggregating up to Rs. [*] crores (The Issue). The issue will constitute [*] % of the post-issue paid-up equity share capital. The issue includes a reservation of up to [*] equity shares of face value of Rs. 5 each aggregating up to Rs. [*] crores (constituting up to [*] % of the post-issue paid-up equity share capital) for subscription by market maker (Market Maker Reservation Portion). The issue less the market maker reservation portion is hereinafter referred to as the Net Issue. The issue and net issue shall constitute [*] % and [*] %, respectively of the post-issue paid-up equity share capital of the company. *Subject to finalization of the basis of allotment The face value of the equity shares is Rs. 5 each and the issue price is [*] times of the face value.

Objective of issue

Capital expenditure towards business expansion. Repayment/prepayment of certain borrowings availed by the company. General corporate purposes.

Yola Stays Ltd Contact Details

Yola Stays Ltd, A/505 Dattani Plaza, A K Road Safeed Pool, Andheri (East), Mumbai - 400072

Phone - 91-22-49721245

Fax -

Email - investorinfo@yolastays.com

Website - www.yolastays.com