Public Market IPO
SNVA Traveltech prepares for market debut with updated IPO papers
Noida-based SNVA Traveltech has filed its updated draft red herring prospectus for an initial public offering (IPO). The transaction consists of an offer for sale of 12.75 crore equity shares, with promoters Alok Kumar Singh and Vivek Kumar Singh each offloading 6.37 crore shares. Equirus Capital and Anand Rathi Advisors are acting as book-running lead managers.Founded in 2017, SNVA Traveltech operates an asset-light online travel agency through its Travomint platform, providing services including flight and hotel bookings, airport transfers, travel insurance, and holiday packages. The firm uses a hybrid business model that integrates digital booking capabilities with assisted customer support through multilingual teams.The company connects booking engines with global distribution systems through application programming interfaces and employs AI-enabled tools for functions such as fare discovery, route planning, and fraud detection. As of August 31, 2026, it operated with a technology team of 67 professionals and maintained international subsidiaries in Dubai, the US, the UK, and Singapore.
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For FY25, Snva Traveltech had reported about INR 84 Cr in Operating Income and about INR 40 Cr in PAT.