Yatra Online shares listed at 10.21% discount over IPO price on bourses today. The share debuted at Rs 127.50 on the NSE, as compared to the issue price of Rs 142.
“The YOL’s shares witnessed a negative listing. This is likely due to the company’s high P/E valuation, its reliance on the airline ticketing business, and the competitive nature of the travel industry. Overall, YOL is a risky investment, and investors who receive an allotment of this IPO should consider exiting their position,” said Shivani Nyati, Head of Wealth, Swastika Investmart.
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