Trekkingtoes.com Ltd IPO (Hippo Cabs IPO) Detail

Aug 18, 2020 - Aug 20, 2020

Incorporated in 2012, Trekkingtoes.com Limited offers travel aggregator platform and cab rental services online. The customers can book the cabs through website (www.hippocabs.com), mobile app (HippoCabs) and call booking service.

It has more than 4000 registered vehicles and 1500 vendors for intercity services. The company provides route specific approach (enabling the client to pay only for one way and for drivers to have customers on both the sides) and dynamic pricing model across 200 cities in India.

The company is also engaged in offering Currency Conversion, Software Consultancy, and Data Base trading Services in India as well as international markets.

Competitive Strengths

1. Skilled and dedicated manpower
2. Stringent quality control process
3. A route specific approach for customer
4. Dynamic price algorithm

Company Promoters:

Mr. Sahil Agrawal and Mr. Sagar Agrawal are the promoters of the company.

Company Financials:

Summary of financial Information (Restated)
Particulars For the year/period ended (โ‚น in Lakhs)
31-March-20 31-Mar-19 31-Mar-18
Total Assets 142.67 51.89 40.30
Total Revenue 269.79 484.11 316.67
Profit After Tax 2.52 (106.88) (43.64)

Objects of the Issue:

The company proposes to utilise the Net Proceeds from the Issue ("Net Proceeds") towards the following objects:

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

Hippo Cabs IPO Details

IPO DateAug 18, 2020 - Aug 20, 2020
Issue TypeFixed Price Issue IPO
Issue Size433,200 Eq Shares of ₹10
(aggregating up to ₹4.54 Cr)
Fresh Issue433,200 Eq Shares of ₹10
(aggregating up to ₹4.54 Cr)
Face Value₹10 per equity share
IPO Price₹105 per equity share
Market Lot1200 Shares
Min Order Quantity1200 Shares
Listing AtBSE SME

Hippo Cabs IPO Tentative Date / Timetable

Bid/Offer Opens OnAug 18, 2020
Bid/Offer Closes OnAug 20, 2020
Finalisation of Basis of AllotmentAug 25, 2020
Initiation of RefundsAug 26, 2020
Credit of Shares to Demat AcctAug 27, 2020
IPO Shares Listing DateAug 28, 2020

Hippo Cabs IPO Lot Size and Price (Retail)

ApplicationLotsSharesAmount (Cut-off)
Minimum11200₹126,000
Maximum11200₹126,000

Hippo Cabs IPO Promoter Holding

Pre Issue Share Holding87.40%
Post Issue Share Holding63.77%

Hippo Cabs IPO Subscription Status (Bidding Detail)

Hippo Cabs IPO how much subscribed?

No. of Times Issue Subscribed (BSE + NSE)

As on Date & Time

NII

RII

Total

Shares Offered

205,200

205,200

410,400

Aug 20, 2020 18:49

0.29x

2.80x

1.55x

Hippo Cabs IPO Prospectus

Hippo Cabs IPO Rating

56
3.2
Rating:Rated 3.2 stars

Vote Here ...

Hippo Cabs IPO Listing Date

Listing DateFriday, August 28, 2020
BSE Script Code543222
NSE Symbol
Listing InTS
ISININE0DG401010
IPO Price₹105 per equity share
Face Value₹10 per equity share

Listing Day Trading Information

.
IPO Price
Open
Low
High
Last Trade
Volume
BSE SME
₹105.00
₹105.00
₹99.75
₹105.00
₹99.75
4,800

Hippo Cabs IPO Reviews / Ratings

Company Contact Information

Trekkingtoes.com Ltd
236, Mahaveer Nagar 1st,
Durgapura, Tonk Road,
Jaipur, Rajasthan 302 018

Phone: +91 9610449969
Email: compliance@hippocabs.com
Website: https://hippocabs.com/

Hippo Cabs IPO Registrar

KFintech Private Limited
   Selenium Building, Tower-B, Plot No 31 & 32,
   Financial District,Nanakramguda, Serilingampally,
   Rangareddi, Telangana India - 500 032.

Phone: 1-800-3454001
Email: hippocabs.ipo@kfintech.com
Website: https://karisma.kfintech.com/

Hippo Cabs IPO FAQs

  1. What is Hippo Cabs IPO?

    Hippo Cabs IPO is a SME IPO of 433,200 equity shares of the face value of ₹10 aggregating up to ₹4.54 Crores. The issue is priced at ₹105 per equity share. The minimum order quantity is 1200 Shares.

    The IPO opens on Aug 18, 2020, and closes on Aug 20, 2020.

    KFintech Private Limited is the registrar for the IPO. The shares are proposed to be listed on BSE SME.

  2. How to apply in Hippo Cabs IPO through Zerodha?

    Zerodha customers can apply online in Hippo Cabs IPO using UPI as a payment gateway. Zerodha customers can apply in Hippo Cabs IPO by login into Zerodha Console (back office) and submitting an IPO application form.

    Steps to apply in Hippo Cabs IPO through Zerodha

    1. Visit the Zerodha website and login to Console.
    2. Go to Portfolio and click the IPOs link.
    3. Go to the 'Hippo Cabs IPO' row and click the 'Bid' button.
    4. Enter your UPI ID, Quantity, and Price.
    5. ‘Submit’ IPO application form.
    6. Visit the UPI App (net banking or BHIM) to approve the mandate.

    Visit Zerodha IPO Application Process Review for more detail.

  3. When Hippo Cabs IPO will open?

    The Hippo Cabs IPO opens on Aug 18, 2020 and closes on Aug 20, 2020.

  4. What is the lot size of Hippo Cabs IPO?

    Hippo Cabs IPO lot size is 1200 Shares and the minimum order quantity is 1200 Shares.

  5. How to apply for Hippo Cabs IPO?

    You can apply in Hippo Cabs IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Edelweiss, ICICI Bank, HDFC Bank and SBI Bank.

  6. When Hippo Cabs IPO allotment?

    The finalization of Basis of Allotment for Hippo Cabs IPO will be done on Aug 25, 2020, and the allotted shares will be credited to your demat account by Aug 27, 2020. Check the Hippo Cabs IPO allotment status.

  7. When is Hippo Cabs IPO listing date?

    The Hippo Cabs IPO listing date is on Friday, August 28, 2020.

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Hippo Cabs IPO Review / Comments

VickyMehta
16. VickyMehta  Sep 15, 2020 14:45 I Like It. | I Don't Like It. | Report Abuse Reply
Karvy was involved in pledged shares scam. Still why these good companies use Karvy (KFintech) in managing IPO? I never get allotment whenever Karvy is managing allocation. I strongly believe that there is a big scam behind it.
KrishnaTwentyFour
15. KrishnaTwentyFour  Aug 29, 2020 08:11 I Like It. 2 | I Don't Like It. 1 | Report Abuse Reply
Top Contributor Top Contributor (200+ Posts, 200+ Likes)
as per basis of allotment only 0.07% HNI quota was subscribed. in this category got only 4 applications and only 14400 shares were allotted....baki sub retail main gaya hai...
Vinshah
15.1. Vinshah  Aug 29, 2020 15:50 I Like It. 1 | I Don't Like It. | Report Abuse
Retailers were allotted 400800 shares and HNIs were allotted only 9600 shares out of 14400 shares that they had submitted during IPO period...๐Ÿ‘Ž For HNIs...
Vinshah
15.2. Vinshah  Sep 2, 2020 19:55 I Like It. 1 | I Don't Like It. | Report Abuse
I think that investors should exit from HippoCabs and they should concentrate on 5-6 main board IPOs๐Ÿ‘...hippo ka Hip Hip hurray ho gya ๐Ÿ˜†
KING VINOD
14. KING VINOD  Aug 20, 2020 15:42 I Like It. 4 | I Don't Like It. | Report Abuse Reply
IPO Guru IPO Guru (1300+ Posts, 2800+ Likes)
Based on subscription numbers looking like it may going to list at discount price
Vinshah
14.5. Vinshah  Aug 28, 2020 11:30 I Like It. 1 | I Don't Like It. | Report Abuse
@smallinvestor, hippo cabs share price is 99.75๐Ÿ‘Ž
KrishnaTwentyFour
14.6. KrishnaTwentyFour  Aug 29, 2020 08:03 I Like It. 3 | I Don't Like It. | Report Abuse
Top Contributor Top Contributor (200+ Posts, 200+ Likes)
He was giving yes bank target rs 5...dont listen to him...
Kumudji
13. Kumudji  Aug 28, 2020 22:16 I Like It. | I Don't Like It. 2 | Report Abuse Reply
When is listing?
Vinshah
12. Vinshah  Aug 25, 2020 15:06 I Like It. 1 | I Don't Like It. 1 | Report Abuse Reply
Friends, Allotment already came at Karvy website...๐Ÿ‘ for listing
KrishnaTwentyFour
11. KrishnaTwentyFour  Aug 18, 2020 21:38 I Like It. 4 | I Don't Like It. 1 | Report Abuse Reply
Top Contributor Top Contributor (200+ Posts, 200+ Likes)
Communication....
Owner to relative..
Owner: Mamaji apana IPO aaj open wala hai..jara 4 din 10 lac adjust karo our apane family ke naam 4-5 application daal do na pls...

Relative: 4 din q but...

Owner: aree aap baat samaje nahi... subscription dekhane keliye retail main bus aap 1st day apply karo our last day pe application withdraw karo..bus 3 din ki baat hai bank account main amount block rahega...

Relative: abh baat aayi samaj main...to ye sub golmaal retailers ko lubhane keliye hai...

Owner: aap hoshiyar ho...

Relative: to main retail main 5 different applications dalane se accha HNI main hi 5 lot apply karata hu ...

Owner : areee kar li na bewakoof wali baath...waha pe apply karoge to last day pe application withdraw nahi kar paaoge...

Relative: areee haaan ye to mere dimaag main aaya hi nahi....



Bus abh baki log samaj jaao ye ipo 1st day main hi retail main kaisa subscribe ho gaya ...
KING VINOD
11.1. KING VINOD  Aug 22, 2020 00:00 I Like It. 2 | I Don't Like It. 1 | Report Abuse
IPO Guru IPO Guru (1300+ Posts, 2800+ Likes)
Looks like what you said was correct particularly in this IPO
Vivek SP
10. Vivek SP  Aug 20, 2020 13:42 I Like It. 1 | I Don't Like It. | Report Abuse Reply
Cab driver's salary would be more than PAT !
Vinshah
10.1. Vinshah  Aug 20, 2020 14:04 I Like It. 1 | I Don't Like It. 1 | Report Abuse
Very less subscription of HNI investors till 2pm... retail investors๐Ÿ‘Ž
Vinshah
10.2. Vinshah  Aug 20, 2020 16:52 I Like It. 1 | I Don't Like It. 1 | Report Abuse
Admin ji, HNI only 0.29 times subscription...May be IPO cancel???
Vinshah
9. Vinshah  Aug 19, 2020 13:03 I Like It. 1 | I Don't Like It. 2 | Report Abuse Reply
Today total 1 times subscription may be done of this IPO...๐Ÿ‘ for all investors
GoodKeep
8. GoodKeep  Aug 19, 2020 11:55 I Like It. | I Don't Like It. | Report Abuse Reply
Everyone is wise now a day. I just want to add that I regularly visit a town from Delhi. I have 3-4 contacts of cab aggregators who provide cab service to that particular town. Cab service may be one way, two way or even a seat in sharing basis. (Pricing is reasonable and less than any registered aggregator).
I think, these dudes earn more money than this incorporated company. Don't expect transperancy from these SMEs. These taxis with one aggregator are not exclusively registered, they may also work with other unorganised aggregators.
Nikhil kakkad
7. Nikhil kakkad  Aug 17, 2020 23:58 I Like It. 1 | I Don't Like It. 3 | Report Abuse Reply
2morrow Retail 1ร— possible...
NDS
7.1. NDS  Aug 18, 2020 21:13 I Like It. | I Don't Like It. 3 | Report Abuse
Done..almost 1 ร— retailll....
KrishnaTwentyFour
7.2. KrishnaTwentyFour  Aug 18, 2020 21:29 I Like It. 3 | I Don't Like It. 1 | Report Abuse
Top Contributor Top Contributor (200+ Posts, 200+ Likes)
Bhai..tum logo ne hi apply kiya hai aaj 1st day retail main...jo tum apana application last day pe withdraw karonge...

Himmat hai to kal NII QUOTA subscribe kar ke dhikhaw....
KrishnaTwentyFour
6. KrishnaTwentyFour  Aug 16, 2020 22:11 I Like It. 2 | I Don't Like It. 1 | Report Abuse Reply
Top Contributor Top Contributor (200+ Posts, 200+ Likes)
In one year PAT this company can't even buy a small low end cab also...
Ipo Lot size amount is equal to last year PAT of this company....
What is going in SME market how such useless boneless comapies allowed to lift money from the market????

P Patel
6.1. P Patel  Aug 18, 2020 12:40 I Like It. 2 | I Don't Like It. | Report Abuse
Krishna24 - Even their IPO size is double of their last year revenue ... ha ha ha ha
KrishnaTwentyFour
6.2. KrishnaTwentyFour  Aug 18, 2020 21:25 I Like It. 2 | I Don't Like It. | Report Abuse
Top Contributor Top Contributor (200+ Posts, 200+ Likes)
Patel sir...1st day retail subscription dekho...lagata hai ghar walo ne hi apply kiya hai...last day pe yahi log application withdraw kar lege...
NII main inn logo ne apply q nahi kiya...???? Becs waha pe application withdraw nahi kar sakate...
Investor ko ye log kya samjate hai...are we fool here seating on cash???
NDS
5. NDS  Aug 18, 2020 00:02 I Like It. 1 | I Don't Like It. 2 | Report Abuse Reply
2morrow 1 times ++ retail application possible...
KrishnaTwentyFour
5.1. KrishnaTwentyFour  Aug 18, 2020 21:21 I Like It. 2 | I Don't Like It. | Report Abuse
Top Contributor Top Contributor (200+ Posts, 200+ Likes)
Looks like relatives of this company owner applied...you also seems to be owners close friend...SME main first day retail subscription prediction ...100% correct.... WOW...
Lots of cooking....very fishey....we can easily smell a rotten rate in this...
Baskaran
4. Baskaran  Aug 18, 2020 20:19 I Like It. 2 | I Don't Like It. | Report Abuse Reply
Avoid highly risk don't burn your finger.
atul
3. atul  Aug 18, 2020 19:59 I Like It. 2 | I Don't Like It. | Report Abuse Reply
Top Contributor Top Contributor (200+ Posts)
This PAT which company is earning is even genrated by roadside pao bhaji seller.i think road side vendors also apply for sme listing of their business.i am sure some of investor apply and they turn entrepreneurs from street vendors
Dilip Davda
2. Dilip Davda  Aug 16, 2020 10:33 I Like It. 4 | I Don't Like It. | Report Abuse Reply
Following a lockdown, travel aggregators are facing music across the nation in particular and the world in general and the situation is not likely to see U-turn in the near term. Company's carried forward losses might get compensated with the new IPO premium. The issue is priced exorbitantly and to sell, it some Grey Market operations are on by vested interest operators. Don't get lured by such tactics. However, you are the final decision taker since money is yours.

Dilip Davda
SEBI registered Research Analyst
Mumbai

Read my IPO Reviews

Aniketiaf
2.1. Aniketiaf  Aug 18, 2020 19:05 I Like It. 1 | I Don't Like It. | Report Abuse
IPO Guru IPO Guru (1100+ Posts, 6900+ Likes)
Totally agree with you sir.
Thanks a lot for your valuable guidance.
MR. KUMAR
1. MR. KUMAR  Aug 14, 2020 22:39 I Like It. | I Don't Like It. | Report Abuse Reply
When subscriptions is above 25 times then think to apply in any sme ipo. Otherwise huge risk is there. See LAGNAM SPINTEX, SUICH INDUSTRIES, ULTRAWIRING . DONT SEE ANY FUNDAMENTAL S OR ANYTHING IF IT SUBSCRIBE MORE THAN 25 TIMES THEN GO FOR IT.







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