Travomint parent files updated IPO papers, all sale of shares
By Abha Lohia · Editor ·
SNVA Traveltech: funding and every story →
UDRHP filedNoidaFounded 2017
- SNVA Traveltech, started in 2017, runs the Travomint online platform for booking flights, hotels and other travel services
- It filed an updated draft prospectus on 5 November for an IPO of 12.75 crore shares, entirely an offer for sale
- No fresh capital is raised; proceeds go to promoters Alok Kumar Singh and Vivek Kumar Singh as selling shareholders
What happened
- SNVA Traveltech filed an updated draft prospectus with the market regulator.
- The IPO covers 12.75 crore shares.
- It is fully an offer for sale, with no fresh issue.
- Its first confidential filing was on 1 April 2026.
Why it matters
- Selling by promoters means the company itself receives no new money.
- The filing moves the listing one step forward.
The business
- Travomint is an online travel platform focused on air tickets.
- It connects customers to airline and hotel inventory through partners.
- SNVA Traveltech was founded in 2017.
- It is based in Uttar Pradesh.
The founders
VK
Vivek Kumar Singh
PromoterIn numbers
₹70.8 CrFY26 consolidated profit
₹23.4 CrJune 2026 quarter profit · Q1 FY27
What happens next
- Regulator approval and launch date.
Words to know
- Offer for sale
- Existing shareholders sell their shares; the company gets no proceeds
Terms in this story
- IPO: An IPO, or initial public offering, is the first time a company sells its shares to the public and lists on a stock exchange. In India SEBI supervises it and the shares trade on the NSE and BSE. A retail investor can bid up to ₹2 lakh, and the issue stays open for three working days.
- Offer for sale: In a fresh issue, the company creates new shares and receives the money. In an offer for sale (OFS), existing shareholders sell shares they already hold and the company receives nothing. Most Indian IPOs mix the two, and SEBI's ICDR Regulations require sellers to have held their shares for at least one year.
- Promoter: In an Indian IPO, a promoter is the person or group that controls the company, as SEBI defines it. A founder is the person who started it. They are often the same people, but not always, and some listed startups name no promoter at all.
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