UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 6-K
Report of Foreign Private Issuer
Pursuant to Rule 13a-16 or 15d-16
under the Securities Exchange Act of 1934
September 9, 2023
Commission File Number: 001-37968
YATRA ONLINE, INC.
Gulf Adiba, Plot No. 272,
4th Floor, Udyog Vihar, Phase-II,
Sector-20, Gurugram-122008, Haryana
India
(Address of principal executive office)
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.
Form 20-F ☒ Form 40-F ☐
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): ☐
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): ☐
Red Herring Prospectus (RHP) filing for Yatra Online Limited’s Indian initial public offering
On September 09 , 2023, Yatra Online Limited (“Yatra India”), a subsidiary of Yatra Online, Inc. (the “Company”), filed its Red Herring Prospectus (RHP) with the Securities and Exchange Board of India (SEBI) to launch its previously announced Initial Public Offering in India (the “IPO”). A copy of the Red Herring Prospectus is attached as Exhibit 99.1 to this Current Report on Form 6-K.
The proposed IPO consists of a fresh issue of equity shares of Yatra India aggregating up to INR 6,020 million and an offer for sale (“OFS”) of up to 12,183,099 equity shares of Yatra India held by certain selling shareholders.
THCL Travel Holding Cyprus Limited (“THCL”), one of the selling shareholders in the proposed IPO, is a wholly owned subsidiary of the Company. The Company will receive the proceeds from the THCL OFS of up to 11,751,739 shares.
The subscription window for Non-Institutional and Retail Investors in the proposed IPO will open on September 15, 2023, and close on September 20, 2023.
The proposed IPO, including its terms and final size, is subject to market and other conditions, and there can be no assurance as to whether the IPO will be consummated in a timely manner or at all.
Exhibit Index
Exhibit No. | Description | |
99.1 | Yatra Online Limited Red Herring Prospectus |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
YATRA ONLINE, INC. | ||
Date: September 11, 2023 | By: | /s/ Dhruv Shringi |
Dhruv Shringi | ||
Chief Executive Officer |