Cleartrip Limited Unlisted Shares

1) Founded in 2006, Cleartrip is an online travel aggregator( OTA ), which provides the facility of booking Hotels, buses, railways, and Airline Tickets from its online platform. It competes with players like Make Mytrip and Yatra.com. The company is operating in India and the Middle East countries. It has head offices in Mumbai and Dubai. It was founded by Stuart Crighton, Hrush Bhatt, and Matthew Spacie, when they saw a very big opportunity available in the Travel and Hotel industry in India for online players.

2) Cleartrip earns a margin of 15-20% from its hotel and activities businesses and a margin of 5-6% from the flight business.

3) Apart from handling retail customers, they have a dedicated platform for corporate customers. We all know corporates tend to travel a lot, so the company saw a big opportunity and thought of providing a facility in one place, where corporates don’t have to worry about booking travel and hotel tickets every time they go for business trips. Cleartrip book all corporate bookings from this URL

4) Events

a) In 2010, it launches a mobile app to book online tickets for its users. A product that is stunningly simple.
b) In 2010, it launches operations in UAE.
c) In 2011, Cleartrip comes up with a facility to book travel trips on EMI. Say, If you don’t have lump sum Rs. 50k for going to Kerala for a vacation trip, you can now book the same on Cleartrip by paying on EMIs basis.
d) In 2011, when it completes 5 years, at that the company claimed, they were doing 20k transactions every day.
e) In 2012, Cleartrip Launches Last Minute Hotel Booking Service, Quickeys, a quick hotel booking application that offers last minute hotel deals.
f) In 2012, Cleartrip offers cab booking services. After flight, railway, and hotel bookings, Cleartrip has now added another feather to its cap with the Cab services.
g) In 2013, Cleartrip Launches Route Finding & Booking Service Waytogo. Using Waytogo, users will be able to search for various routes and modes of travel options.
h) In 2014, they were driving 43% traffic and 30% transactions from Mobile.
i) In 2016, they were driving 75% traffic and 42% transactions from Mobile.
j) In 2017, Uber forges a partnership with Cleartrip. Cleartrip under which people booking their trip through Cleartrip will be able to book an Uber from the Cleartrip app itself.
k) In 2018, Cleartrip expanded to the Middle East and Northern Africa (MENA) region. The company acquired Saudi Arabia-based Flyin, an online travel aggregating company, expanding its presence in the MENA region.

5) Concur, DAG Ventures, and Gund Investment Corporation are the investors in the company.

6) Currently, Cleartrip has 18-20% market share in India and the company is expecting to cross 700 Cr of revenue in 2020.

Cleartrip Limited Unlisted Shares Details:

Total Available Shares:	3000
Face Value:	₹ 10 Per Equity Share
Current Unlisted Share Price:	₹ Best In Industry Per Equity Share

Promoters And Management:

a) Stuart Crighton- Stuart Crighton is a founding member of Cleartrip and is responsible for the vision, performance and overall success of the company. He sets the strategy and direction for Cleartrip and ensures the scalability of the business model. b) Subramanya Sharma, CSO, is responsible for the overall business strategy at Cleartrip and works closely as part of the Executive Team. Prior to Cleartrip, he has worked in Yahoo and Siemens, primarily in product management functions. Mr. Sharma has an engineering degree from National Institute of Technology (NIT), Karnataka, and a Master’s degree from Indian Institute of Management, Bangalore (IIMB). c) Amit Taneja, COO, is responsible for anchoring business performance across all products, channels and international markets at Cleartrip. He sets the direction and strategy for Cleartrip’s Air, Accommodation and Activities business for Cleartrip’s growing international presence.

Financials of Cleartrip Limited Unlisted Shares:

(Fig.in Crores)

Year	Revenue	Employee Expense	Other Expense	PAT	Shares	EPS
FY18	319	75.52	274	-62	30.082	-2.06
FY19	325	75.96	256	-36	34.082	-1.06

Balance Sheet

Year	Net-worth	CA	CL	CR
FY18	3.71	313	365	0.86
FY19	39.47	256	270	0.95

a) The company has negative Reserves, it has eroded completely, as the company is continuously in loss and required funds are not able to pump in by investors. The Current Ratio of less than 1 means the company is using short term loans to finance its long term assets, which is dangerous. b) In 2018-19, the company has raised 71 Cr by issuing ~4 cr. However, this money is not sufficient to run the operation of the company. c) Currently, the company is valued at ~600 Cr. d) The business segment in which the company runs its operation is highly competitive and Makemytrip & Yatra, are far ahead of Cleartrip. Cleartrip Annual Report 2018-19

Frequently Asked Questions:

Please find below the procedure for buying Cleartrip Limited Unlisted Shares at UnlistedZone.

1. You confirm booking of Cleartrip Limited Unlisted Shares with us at a trading price.
2. You provide your client master report (ask the broker if not available) along with PAN Card and Cancelled Cheque in case you are not transferring funds from the bank account as mentioned in the CMR Copy. These are KYC documents required as per SEBI regulations.
3. We will provide the bank details.
4. You need to transfer funds in that account.
5. Payment has to be done in RTGS/NEFT/IMPS CHEQUE TRANSFER. No CASH DEPOSIT.
6. Payment has to be done from the same account in which shares are to be credited.
7. We will transfer the shares in 24 hours if funds are credited before 2 pm.

Important Note: Please note that the lock-in period for selling Cleartrip Limited Unlisted Shares is 6 months after listing. Hence you can’t sell Cleartrip Limited Unlisted Shares which you bought in Pre-IPO for 6 months after its listing. i.e. You can sell it only after 6 months calculated from the listing date. For any queries, please contact us at sales@unlistedzone.com

Please find below the procedure for selling Cleartrip Limited Unlisted Shares at UnlistedZone.

1. We will confirm our buying price of Cleartrip Limited Unlisted Shares.
2. We will give you our client master report and you will transfer the Cleartrip Limited Unlisted Shares to our demat account.
3. We will ask for bank details of yours once the Cleartrip Limited Unlisted Shares are received in our demat account..
4. We will transfer the funds in your bank account within 24 hrs of receiving the Cleartrip Limited Unlisted Shares.
5. Payment will be made in RTGS / NEFT / CHEQUE TRANSFER/IMPS. No CASH DEPOSIT.
6. Payment will be given in the same account which is linked to demat account or you need to provide the cancelled cheque shows your name to verify. As per SEBI regulations, the transfer of funds in the third party account is not legal and our policy refrain us from doing so.

Note: The price at which we are buying the share is fixed for 3 days. If you cant sell your stock within 3 days, then the price of that day will be applicable when we receive shares in our demat.

Lock-in period of Cleartrip Limited Unlisted Shares depends upon category of investors.

1. Venture Capital Funds or Alternate Investment Fund of Category -I or II, or Foreign Venture Capital Investor - lock-in Period of 6 months from the date of acquisition of Cleartrip Limited Unlisted Shares.
2. Other Investors (include Retail, HNIs or Body Corporate) lock-in Period of 6 months from the date of listing of IPO of Cleartrip Limited Unlisted Shares.

This new SEBI rule was introduced in the month of August-2021, wherein the SEBI has reduced the lock-in period previously from 1 year to 6 months to encourage more and more funds to be invested in startups which are going to public or IPO in near future. Reduction of lock-in is seen as big step and after that many PMS funds are advising their clients to invest in Pre-IPO shares to get the benefit of early stage investment.

DIS - Delivery Instruction Slip is the way through which an investor can sell or transfer the Cleartrip Limited Unlisted Shares from his/her demat account to any other demat account. There are two Types of DIS Slip.

1. Offline-DIS - This is an offline mode of transfer of shares wherein the investors needs to fill DIS form and give it to their broker for transferring the shares. Following are the fields which are required to be filled.
- a. ISIN number of Cleartrip Limited Unlisted Shares.
- b. Name of Cleartrip Limited Unlisted Shares
- c. Quantity of Cleartrip Limited Unlisted Shares
- d. Cosideration Amount
- e. Target DP ID and Client ID
- f. Annexure
2. Online DIS - Some of the broker these days gives facility of transferring the Cleartrip Limited Unlisted Shares via online DIS. So, please check with your broker whether such facility is available or not. For example: Angel Broking proivdes the facility of Online-DIS from its platform. As an investor he/she simply needs to add a beneficiary into it and send the Cleartrip Limited Unlisted Shares by filling the details similar to Ofline-DIS.

Read our article to understand more about this. https://unlistedzone.com/how-do-i-sell-my-unlisted-shares/

In the last 4-5 years, the unlisted share market has become quite big and as a result of that, the ticket size has reduced from usual 5-10 Lac to 35-50k in today's scenario. So, via our UnlistedZone platform, if somebody wants to buy Cleartrip Limited Unlisted Shares then minimum investment would be 35-50k.

Yes, buying and selling of unlisted shares in India is 100% legal.

If you sell your shares within 2 years, then you will have to pay Short-term Capital gain on unlisted shares. Short-Term Capital Gain is added in your Income. So, as per individual tax slab you need to pay capital gain tax.

If you sell your shares after 2 years, then you will have to pay Long-term Capital gain on unlisted shares LTCG is 20% with indexation benefits.

Taxes will remain the same irrespective of listing of shares, if bought in unlisted market. Actually, to be eligible for taxes as per listed market, one has to pay STT on buying and selling of shares. But, if you buy in unlisted and sell in listed market, one pay STT only on selling so, taxes of listed market will not be applicable

If you buy Cleartrip Limited Unlisted Shares from UnlistedZone then these shares can checked in two ways. However, before we tell you the process of checking of shares, it is intimated that as per SEBI regulations, the shares can be transferred in demat account only.

Check credit of Cleartrip Limited Unlisted Shares Instantly?

1.You can download the NSDL or CDSL application from google play-store and check. If you want to check whether your stock broker is registered with NSDL or CDSL then check the following procedure.
By carefully examining the number format of Demat Account we can easily identify whether the stock broker is registered with CDSL or NSDL.
Demat Account = DP ID + Client ID. (16 Characters )
"DP ID is the unique identification of the Broker. Every broker gets a unique number from CDSL or NSDL.By carefully examining the number format of Demat Account we can easily identify whether the stock broker is registered with CDSL or NSDL.
Client ID is the unique identification of the Client. Every client gets this unique number which represents his/her portfolio.
In CDSL, all these characters are numbers (1234567891234567) first 8 digits are DP ID and next 8 digits are Client Id whereas in NSDL the first two characters are letters which are in accordance with the country that you are from (IN12345678912345), then 6 unique digits for Broker and next 8 digits are client ID.
Example:
CDSL = 12345678(DP ID) and 91234567(Client ID).
NSDL = IN123456 (DP ID) and 78912345(Client ID).
Check in brokers application?
Credit of Cleartrip Limited Unlisted Shares can be checked in brokers application as well but it takes T+2 days to show the shares.

The Cleartrip Limited Unlisted Shares are credited in demat account same day of transferring funds in our company's bank account.

The price of Cleartrip Limited Unlisted Shares can be checked in two ways. First, you can join our telegram channel where on daily basis we share the latest prices of all the unlisted shares in the morning and secondly, you can register on UnlistedZone.live platform to see the historical graphs and prices of all the shares at one place.

If you see the thesis of investment in the unlisted shares then it is being done mainly to take the advantage of IPO market. And, if the IPO plans of company get delayed due to market conditions or any other reason then demand suddenly drops in the market. The unlisted market works mainly on demand and supply and if there is no IPO news then getting exit would be difficult.

"UnlistedZone is India's fastest and leading marketplace to buy and sell unlisted shares. In the last 3 years, we have already served more than 1 million users on the platform. The total transactions value done from the platform is already more than 100 Crores. The name of our Co-founders Mr. Umesh Paliwal and Dinesh Gupta publish regularly in leading newspapers like MoneyControl, Business-Standard, ET etc for their views on IPO and Unlisted market. In the last 3 years, UnlistedZone has made a good name for itself in the industry and gained a trust of their users. So, the new investors should not be worried about any kind of fraud that is mostly happens with unkown brokers in the market while doing investment with UnlistedZone."

We at UnlistedZone do the valuation based on 2 methods.

1. We check the last funding that is being done in the Cleartrip Limited Unlisted Shares to ascertain the benchmark valuation.
2. If there is no funding happened in the company, then we try to find a business similar to Cleartrip Limited Unlisted Shares in the listed space and do comparison method to ascertain the valuation.

As an investor in the unlisted space, we would always recommend that you must check all the risk parameter carefully before investing in the unlisted space.

We source shares either from the employees or initial investors looking to liquidate their Cleartrip Limited Unlisted Shares.

Pre-IPO shares means which are planning for an IPO in near future. So, all the shares which are traded on the platform are not Pre-IPO Shares. However, if the company's business is going good and then demand will always be there in the unlisted space, so even if the IPO does not come, the investors can easily liquidate their Cleartrip Limited Unlisted Shares in the unlisted market itself.

Rules and regulations of SEBI are applicable in the Unlisted space like lock-in period of 6 months, paying of Stamp Duty, and DP Charges for every transaction etc. However, to become an unlisted broker there is no such regulation by SEBI as of yet.

For tracking news and other information about Cleartrip Limited Unlisted Shares, one can visit our website wherein we post news and other information on daily basis and one can also join our telegram channel.

Discussion on Cleartrip Limited Unlisted Shares:

1 Comment

Vishal Arora

11:36 AM, 16 December 2020

can i have the Price Please?

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Cleartrip Limited Unlisted Shares

Cleartrip Limited Unlisted Shares Details:

Promoters And Management:

Financials of Cleartrip Limited Unlisted Shares:

Frequently Asked Questions:

Discussion on Cleartrip Limited Unlisted Shares:

1 Comment

Vishal Arora

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