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ETRAV TECH· ISIN INE0NQH01022· Mumbai, Maharashtra, India· Est. 1995 Verified
E Trav Tech Limited logo

E Trav Tech Limited

Information Technology
₹100+0.00%

vs. prev. close ₹100

Market cap

₹1,161 Cr

IPO stage

No DRHP filed

CIN

U63000GJ1995PLC027714

Price History

About E Trav Tech Limited

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1. Introduction of Company Etrav Tech Ltd is a B2B travel technology platform that enables travel agents across India to book flights, hotels, holiday packages, and destination services. With a digital-first approach and integrated technology stack, the company acts as a one-stop solution provider for small and medium travel businesses. Founded with the mission to empower the B2B travel ecosystem, Etrav combines deep industry knowledge with a scalable tech platform to offer dynamic travel content through APIs and white-label solutions. 2. Business Model Etrav operates as an airline consolidator and travel inventory aggregator. It buys airline seats in bulk from carriers at discounted private fares (30–50% below market), integrates hotel and ground services, and redistributes the packages to travel agents. The platform earns through: Mark-ups on flight and hotel bookings Commission income from holiday packages Technology monetization via Codemagen (its tech arm) Its model ensures margins at scale and recurring income from agents using its tech backbone. 3. Product & Service Portfolio Flights – Core revenue driver; established partnerships with domestic and international carriers. Hotels – Fast-growing vertical with higher margins and dynamic pricing capability. Holiday Packages – End-to-end destination management via its DMC brand Eagle Crest. Technology (Codemagen) – Proprietary tech stack powering API/XML integrations, white-label portals, and back-office tools. 4. Destination Management Expansion Etrav currently operates 4 DMCs and is set to launch 13 more by FY 2025–26. These hubs provide ground services (transfers, guides, hotel check-ins) for international and domestic group tours, creating a vertically integrated travel offering. 5. Technology Platform: Codemagen Codemagen, the tech enabler of Etrav, develops proprietary APIs, booking engines, and white-label platforms for travel partners. This in-house capability gives Etrav a competitive edge in

Company Details

Industry

Information Technology

Founded

1995

Headquarters

Mumbai, Maharashtra, India

Min Lot Size

1

Face Value

₹2.00

Shares Outstanding

11,61,35,263

Regulatory Information

Corporate Identity Number (CIN)

U63000GJ1995PLC027714

PAN Number

AAECR8945A

ISIN

INE0NQH01022

Key Valuation Ratios

As of FY2025 Annual · updated 07 Nov 2026Derived

Valuation

Market Cap

₹1,161.35 Cr

P/E Ratio

41.55×

P/S Ratio

23.21×

P/B Ratio

6.03×

EV / EBITDA

31.56×

Returns & Per Share

ROE

14.51%

EPS

₹2.41

Book Value / Share

₹16.58

Solvency

Debt / Equity

0.09×

Interest Coverage

41.10×

Company Fundamentals

As of FY2025 Annual · updated 07 Nov 2026

Gross Profit

₹50.03 Cr

EBITDA

₹36.81 Cr

Revenue Growth

-10.42%

Profit Margin

55.87%

Performance Trends

3 annual periods · derived from filed statements

As of FY2025 Annual · updated 07 Nov 2026

Revenue

₹ Cr

Net Profit

₹ Cr · losses in red

Earnings Per Share

₹ per share

Return on Equity

ROE %

Return on Capital Employed

ROCE %

Debt-to-Equity

0.09×

EBITDA Margin

73.58%

Interest Coverage

41.10×

Financial Statements

As of FY2025 Annual · updated 07 Nov 2026
Disclosed reportedDerived calculated
Line itemFY2023FY2024FY2025
Total Income
Revenue from operationsDisclosed18.83₹ Crore55.85₹ Crore50.03₹ Crore
Other incomeDisclosed16.27₹ Crore4.95₹ Crore20.77₹ Crore
Total IncomeDerived35.1₹ Crore60.8₹ Crore70.8₹ Crore
Expenses
Cost of goods soldDisclosed0₹ Crore0₹ Crore0₹ Crore
Purchases of stock-in-tradeDisclosed8.71₹ Crore22.95₹ Crore14.77₹ Crore
Changes in inventoriesDisclosed0₹ Crore0₹ Crore0₹ Crore
Employee benefits expenseDisclosed2.53₹ Crore4.94₹ Crore6.95₹ Crore
Finance costsDisclosed6₹ Lakh3₹ Lakh87₹ Lakh
Depreciation and amortization expenseDisclosed29₹ Lakh31₹ Lakh1.05₹ Crore
Manufacturing expensesDisclosed0₹ Crore0₹ Crore0₹ Crore
Operating expensesDisclosed0₹ Crore0₹ Crore0₹ Crore
Other expensesDisclosed2.84₹ Crore7.56₹ Crore12.27₹ Crore
Total ExpensesDerived14.43₹ Crore35.79₹ Crore35.91₹ Crore
Profit
Exceptional itemsDisclosed0₹ Crore0₹ Crore0₹ Crore
Profit before taxDerived20.67₹ Crore25.01₹ Crore34.89₹ Crore
Current tax expenseDisclosed4.43₹ Crore5.27₹ Crore6.81₹ Crore
Deferred tax expenseDisclosed-34₹ Lakh-12₹ Lakh13₹ Lakh
Tax expenseDisclosed4.09₹ Crore5.15₹ Crore6.94₹ Crore
Profit After TaxDerived16.58₹ Crore19.86₹ Crore27.95₹ Crore
Other comprehensive incomeDisclosed0₹ Crore0₹ Crore0₹ Crore
Total Comprehensive IncomeDerived16.58₹ Crore19.86₹ Crore27.95₹ Crore

Documents Library

Access all financial reports and filings

Annual Report

annual report 2025

2025
0.4 MB

Income Statement

financial result 2024

2024
0.7 MB

Document

E Trav Valaution Report others Latest Valuation Re

4.8 MB

Valuation Report of E Trav Tech corporate action V

1.3 MB

Shareholding Pattern

Lalitaben Rupareliya

29.64%

Khurjibhai Rupareliya

29.62%

Others

15.34%

Henil Rupareliya

12.70%

Parshottam Rupareliya

12.70%

H

Heniel Rupaarelia

Managing Director

10+

LinkedIn
D

Dharmesh Doshi

CFO

12+

LinkedIn
S

Sufail Husain

CEO

10+

E Trav Valaution Report others Latest Valuation Report

others
26/07/2025

E Trav Valaution Report others Latest Valuation Report

E Trav Valaution Report others Latest Valuation Report

others
26/07/2025

E Trav Valaution Report others Latest Valuation Report

Valuation Report of E Trav Tech corporate_action Valaution Report

corporate action
07/12/2024

Valuation Report of E Trav Tech corporate_action Valaution Report

Valuation Report of E Trav Tech corporate_action Valaution Report

corporate action
07/12/2024

Valuation Report of E Trav Tech corporate_action Valaution Report

Express buy interest

No commitment — the desk will reach out

Current Price

₹100
+0.00%
Min lot: 1
Price/share₹100
Quantity100
Estimated Total₹10,000

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About E Trav Tech Limited unlisted shares

Indicative · updated daily

E Trav Tech Limited unlisted share price today

E Trav Tech Limited unlisted share price today is ₹100 as of 12 November 2026.

E Trav Tech Limited — frequently asked questions

What is the grey market price for E Trav Tech Limited?

No IPO is currently announced for E Trav Tech Limited, so no grey market exists; the price above reflects Priveq's own desk valuation.

Has E Trav Tech Limited filed for an IPO, and when might it list?

E Trav Tech Limited has not filed a draft red herring prospectus, so no IPO is currently announced and no listing date has been set.

How does E Trav Tech Limited compare to its listed peers?

There is no closely comparable listed company for E Trav Tech Limited in India today.

Is E Trav Tech Limited on the SME or Mainboard IPO track?

E Trav Tech Limited has not filed a draft red herring prospectus, so no IPO track is set yet.

What is E Trav Tech Limited's CIN and registered office?

E Trav Tech Limited's Corporate Identity Number is U63000GJ1995PLC027714, registered at Mumbai, Maharashtra, India.

What is E Trav Tech Limited's market capitalisation?

E Trav Tech Limited's market capitalisation is approximately ₹1,161 crore, based on its current unlisted share price.

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Priveq Investech Private Limited is the named counterparty on every transaction. To buy E Trav Tech Limited unlisted shares: complete KYC once (PAN, Aadhaar, bank details, and demat account information — SEBI-compliant, typically approved within 24 hours), then submit your order through your Priveq dashboard specifying quantity. Our team confirms price and payment details with you directly. Once payment is confirmed, E Trav Tech Limited shares are transferred off-market straight to your demat account, with no pooling and no middlemen.

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Submit an Express Sell Interest for E Trav Tech Limited through your Priveq dashboard, specifying quantity, the same way a buy order is placed. Priveq quotes you a bid price, which may differ from the live Buy price shown to buyers, since unlisted-share pricing works on a bid-ask basis rather than a single quote. Once you accept, you'll need to provide your Client Master List (CML), a cancelled cheque or bank details, and PAN. If you hold shares with CDSL, transfer can also be completed digitally via CDSL Easiest. You transfer E Trav Tech Limited shares to Priveq first, and payment follows once the transfer is confirmed received, typically the same day, T+1, or occasionally T+2, communicated to you directly. For sizeable transactions worth crores of rupees, an escrow arrangement can be used instead, at the sole consent of both parties.

What is the minimum investment for E Trav Tech Limited unlisted shares?

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Is there a maximum investment limit?

There's no fixed maximum investment limit for E Trav Tech Limited unlisted shares. For sizeable transactions worth crores of rupees, an escrow arrangement can be used at the sole consent of both parties, the same mechanism available on the sell side.

Is buying E Trav Tech Limited unlisted shares legal in India?

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What is the lock-in period for E Trav Tech Limited unlisted shares?

E Trav Tech Limited has not filed a DRHP yet, so no listing date or lock-in period applies at this stage. Once an IPO is filed, this answer updates to reflect the applicable SME or Mainboard lock-in.

What happens if E Trav Tech Limited's IPO is delayed or withdrawn?

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How are capital gains on E Trav Tech Limited unlisted shares taxed?

If you sell unlisted shares, including E Trav Tech Limited, within 24 months of purchase, the gain is taxed as short-term capital gain at your applicable income tax slab rate. Beyond 24 months, it is taxed as long-term capital gain at 12.5 percent, without indexation benefit, under the rules effective from 23 July 2024. If E Trav Tech Limited lists and you sell after listing, the applicable tax treatment shifts to listed-security rates, with the holding period still measured from your original unlisted purchase date. This is general information, not tax advice; investors should confirm their specific position with a tax advisor.

Can NRIs invest in E Trav Tech Limited unlisted shares?

Yes, on a non-repatriable basis. NRIs can invest using funds from an NRO account; sale proceeds stay within India unless repatriated separately under RBI's own limits. Priveq does not currently support repatriable investment (NRE/FCNR-funded), which would require the investee company to file additional RBI paperwork as foreign direct investment.

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How does Priveq determine the desk price for E Trav Tech Limited?

Priveq's desk price reflects several inputs together, not a single formula: the seller's ask price at the time, current demand and supply on the platform for E Trav Tech Limited specifically, broader sentiment in the unlisted and pre-IPO market, how E Trav Tech Limited's sector and listed peers are trading, the company's own recent financial performance and IPO-stage developments, and recent transaction history where deals have actually closed.

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Priveq is not a SEBI-registered stock exchange and not a SEBI-registered investment adviser. Priveq Investech Private Limited operates Priveq.in as a research and information platform for unlisted and pre-IPO shares, and is the named counterparty on transactions executed through the platform. Nothing on this page is investment advice; it's information to help you evaluate a company and decide for yourself.

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