Ipo Synopsis

161 Lenin Sarani,Dharmatala,

Kolkata - 700013,

West Bengal, India.

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Initial public offer of 30,60,000 equity shares of face value of (Rs) 10/- each ("Equity Shares") of Travels & Rentals Limited (the "Company" or the "Issuer") for cash at a price of (Rs) 40/- per equity share, including a share premium of (Rs) 30/- per equity share (the "Issue Price"), aggregating to (Rs) 12.24 crores ("The Issue"), of which 1,53,000 equity shares of face value of (Rs) 10/- each for cash at a price of (Rs) 40/- per equity share, aggregating to (Rs) 0.61 crores will be reserved for subscriptions by the market maker to the issue (the "Market Maker Reservation Portion"). The issue less market maker reservation portion i.e. issue of 29,07,000 equity shares of face value of (Rs) 10/- each for cash at a price of (Rs) 40/- per equity share, aggregating to (Rs) 11.63 crores is here in after referred to as the "Net Issue". The issue and the net issue will constitute 27.31% and 25.95% respectively of the post issue paid up equity share capital of the company. The face value of the equity share is (Rs) 10/- each and the issue price is (Rs) 40/- each i.e., 4.0 times of the face value of the equity shares. The minimum lot size is 3,000 equity shares

Minimum Application for shares in Nos : 3000   Further Multiples of : 3000