Ltd (Hippo Cabs)

About the Company: Ltd is engaged in the business of offering travel aggregator platform to cab rental services to wide range of customers via our on Call booking Service, Website i.e. and mobile application (app) i.e. HippoCabs.

Company has built technology and data-driven solutions for every area of the business which enables one company to increase efficiency.

Company has more than 1500 vendors with more than 4000 vehicles registered with us for intercity services.Currently the services cover approximately 200 cities across India.

Company plans to replicate the route specific approach which we applied on Jaipur-Delhi route on similar routes like Delhi- Agra, Delhi- Chandigarh, Delhi-Dehradun, Delhi – Manali, Jaipur – Agra and Mumbai – Pune to become market leader on these routes.

Company is also engaged in Data Base trading, Software Consultancy services, Currency Conversion Services in Indian as well as International Markets.


Company’s Business Operations:

  • Cab Aggregator Services.
  • Software Consultancy Services.
  • Database Trading.


Activity wise break-up of Revenue : (in Lakhs)


Management Team:

  1. Mr. Sahil Agrawal (Designation: Chairman & Managing Director)
  2. Mr. Sagar Agrawal (Designation: Whole-Time Director)



Objectives of the Issue:

  • Strategic initiatives and investments.
  • Repayment and pre-payment of a portion of certain indebtedness availed by the company.
  • General corporate purposes.


Fund Utilization:

Particulars Amount (Rs. in Crores)
Strategic initiatives and investments 3.00
Repayment and pre-payment of a portion of certain
indebtedness availed by our company
General corporate purposes 0.86
Net Proceeds 4.26 cr


Peer Group Comparison:

  • We believe that there is no listed company which is specifically comparable to us w.r.t. to Hippo Cabs business model, size and financials.


Financials of the Company:

(in Crores) FY 18 FY 19 FY 20
Revenue 3.16 4.84 2.69
Net Profit (–0.43) (-1.06) 0.025


IPO Details:

Details Info
Issue Opens on 18th August 2020
Issue Closes on:. 20th August 2020
Issue Price Rs.105
Face Value Rs.10
Minimum Lot 1200
Minimum Investment Rs.1,26,000
Issue Constitutes 27.04%
Issue Size Rs.4.54 cr
Market Cap Rs.16.82 cr
Listing at BSE SME StartUPS
Equity Shares Offered (Fresh) 4,33,200
Equity Shares Prior to the Issue 11,69,112
Equity Shares after the Issue 16,02,312


Important Dates:

Finalization of Basis of Allotment on or Before 25th August 2020
Initiation of Refunds on or Before 26th August 2020
Credit of Equity Shares: on or Before 27th August 2020
Listing Date: on or Before 28th August 2020


IPO Valuation Parameters:

Earnings Per Share (EPS) Price To Earnings ratio (PE) Return on Net Worth (RoNW) Net Asset Value (NAV)
0.23 487.13 270.62% 0.08



Company Contact Info: Ltd (Hippo Cabs)
J-2, Seema Sandesh, 3rd Floor,
Jhalana Institutional Area, Jaipur,
Rajasthan – 302 004.
Contact No.: +91 – 96104 – 49969 / 77278 – 88501


IPO Registrar Info:
Selenium Tower-B, Plot No. 31-32, Gachibowli, Financial District,
Nanakramguda, Serilingampally, Hyderabad, Telangana – 500 032.
Tel. No.: +91-40-6716-2222
Fax No.: +91-40-2343-1551



Lead Manager to the Issue:
B-502, Statesman House,
148, Barakhambha Road,
New Delhi – 110 001
Tel No.:+91 – 11 – 4141 1600