
Consumer Services / Travel & Transportation Technology · BSE
Trekkingtoes.com Limited, incorporated in 2012, operates as an online travel aggregator offering cab rental services through its website, mobile application HippoCabs, and call-based bookings, with access to a fleet of over 4,000 registered vehicles supported by around 1,500 vendors for intercity travel. The company follows a route-based model that enables customers to pay only for one-way journeys while ensuring drivers receive bookings for both directions, supported by a dynamic pricing strategy that delivers competitive fares across nearly 200 cities in India. Alongside cab rental services, Trekkingtoes.com is also engaged in providing currency conversion, software consultancy, and database trading services across domestic and international markets.
Price Band
₹105
Issue Size
₹4.54 Cr
Lot Size
1200 shares
GMP
Est. Listing
₹105
at current GMP
Subscribed
1.55x
overall
Open
18 Aug 2020
Close
20 Aug 2020
Allotment
26 Aug 2020
Refund
27 Aug 2020
Demat Credit
28 Aug 2020
Listing
28 Aug 2020
Overall Subscription
1.55x
Total Demand
QIB Multiplier
0.00x
Institutions & Funds
NII / HNI
0.29x
High Net-Worth
Retail (RII)
2.80x
Individual Bidders
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| NIB | 205,200 | 60,000 | 0.29x |
| RETAIL | 205,200 | 574,800 | 2.80x |
| Total | 410,400 | 634,800 | 1.55x |
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| Retail (RII) | 126 | 353 | 2.80x |
| HNIs (10L +) | 1 | — | 0.29x |
| HNIs (2-10L) | 4 | 1 | 0.29x |
| Total Applications | 131 | 354 | 2.70x |
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
Trekkingtoes.com Limited (Hippo Cabs IPO) is bringing an initial public offering (IPO) in the Consumer Services / Travel & Transportation Technology sector with an aggregate issue size of ₹4.54 Crores. The shares are offered at a price band of ₹105 to ₹105 per equity share on BSE. Currently, traders and retail applicants are calculating expected listing gains and break-even points based on unofficial grey market quotations.
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 1200 shares (approx. ₹1,26,000 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.
Allotment reconciliation will be managed by Kfin Technologies Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2020-08-28, while un-allotted funds or UPI block mandates will be released on 2020-08-27.
Currently, Trekkingtoes.com Limited (Hippo Cabs IPO) IPO Grey Market Premium (GMP) is not actively quoted or is quoted flat at ₹0. The shares are expected to list close to the issue price band of ₹105 to ₹105 per equity share.
The retail lot size is 1200 shares requiring a minimum application amount of ₹1,26,000. Expected listing price is ₹105 per equity share.
The Trekkingtoes.com Limited (Hippo Cabs IPO) IPO aggregate issue size is ₹4.54 Crores with an equity price band set at ₹105 to ₹105 per equity share. The retail lot size is 1200 shares requiring a minimum capital outlay of approx. ₹1,26,000.
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 1.55x (Retail: 2.80x, QIB: 0.00x, NII: 0.29x). You can track live multiples directly on our dedicated subscription page.
The basis of allotment will be published on the official registrar portal (Kfin Technologies Limited) and the BSE status verification website on or around 2020-08-26. Investors can verify status using PAN card or application number.
Trekkingtoes.com Limited (Hippo Cabs IPO) shares are scheduled to list on BSE on 2020-08-28.