About the Company:
Trekkingtoes.com 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. www.hippocabs.com 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:
- Mr. Sahil Agrawal (Designation: Chairman & Managing Director)
- 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 |
0.40 |
| 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: |
|---|
| Trekkingtoes.com Ltd (Hippo Cabs) J-2, Seema Sandesh, 3rd Floor, Jhalana Institutional Area, Jaipur, Rajasthan – 302 004. Contact No.: +91 – 96104 – 49969 / 77278 – 88501 Email: compliance@hippocabs.com Website: www.hippocabs.com |
| IPO Registrar Info: |
|---|
| KFIN TECHNOLOGIES PRIVATE LIMITED 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 Email: hippocabs.ipo@kfintech.com Website: www.kfintech.com |
| Lead Manager to the Issue: |
|---|
| FAST TRACK FINSEC PRIVATE LIMITED B-502, Statesman House, 148, Barakhambha Road, New Delhi – 110 001 Tel No.:+91 – 11 – 4141 1600 Email: pawanmahur@ftfinsec.com Website: www.ftfinsec.com |
