SNVA Traveltech Limited, the parent company of online travel platform Travomint, has filed its Updated Draft Red Herring Prospectus-I (UDRHP-I) with the Securities and Exchange Board of India (SEBI) for its proposed initial public offering (IPO).
The proposed offer comprises an Offer for Sale (OFS) of up to 127,525,000 equity shares, with a face value of ₹1 each. Promoters and selling shareholders Alok Kumar Singh and Vivek Kumar Singh will each offer up to 63,762,500 equity shares.
The company had confidentially filed its draft papers with SEBI on March 29, 2026, and received regulatory approval on August 6, 2026.
Established in 2017, SNVA Traveltech operates as an asset-light online travel agency through its Travomint website and mobile application. Its offerings include domestic and international flight bookings, hotels, airport transfers, travel insurance, car rentals and customised holiday packages. Its hybrid business model combines digital booking facilities with multilingual customer support teams in India.
The company has expanded its international presence through subsidiaries in Dubai, the US, the UK and Singapore. As of August 31, 2026, it served customers across more than 50 countries.
Its technology infrastructure integrates global distribution systems and travel partners through APIs, supported by internally developed CRM and AI-enabled tools. As of August 31, 2026, its technology team comprised 67 professionals.
SNVA Traveltech reported consolidated revenue from operations of ₹1,891.09 million in FY26, compared with standalone revenue of ₹379.41 million in FY24. Its gross transaction value increased from ₹5,062.35 million in FY24 to ₹24,863.50 million in FY26.
Equirus Capital Limited and Anand Rathi Advisors Limited are the Book Running Lead Managers to the offer.
