JSA Advocates & Solicitors (JSA) acting as the Company’s counsel advised Travelstack Tech Limited (the “Company”) and its founder promoters on the proposed IPO of the Company comprising a fresh issue of up to INR 2,500.00 million and additionally, an offer for sale of up to 26,852,969 equity shares by various selling shareholders. The DRHP dated December 17, 2025 was filed with SEBI and the Stock Exchanges.
The Company operates TravelPlus, India’s largest hotels-focused corporate travel management platform for enterprise clients, in terms of revenue from operations in Fiscal 2025, and has been managing the FabHotels brand since 2015. They have served several enterprise clients, including over 100 NSE-listed companies and over 50 multinational corporations.
The Capital Markets and Corporate Practices of JSA advised on the transaction. The proposed IPO comprises a fresh issue of up to INR 2,500 million, and an Offer For Sale (OFS) of up to 26,852,969 equity shares, by the selling shareholders.
The JSA Capital Market Team was led by Madhurima Mukherjee Saha, Partner; with support from Anuj Pethia, Partner; Ambuj Gupta, Senior Associate; and Associates Rachit Munjal, Priyanshi Bajaj, Ayushi Inani and Simran Sharma; and Mahaveer Singh, Company Secretary.
The JSA Corporate Practice Team advised on the pre-IPO restructuring and SHA related aspects. The Team was led by Partner Kartik Jain assisted by Associates, Dushyant Thakur, Anmol Mahajan, and Alisha Chawla, Senior Company Secretary.
The DRHP dated December 17, 2025 was filed with SEBI and the Stock Exchanges.
Anuj has more than 16 years of experience and has acted on various Indian and international capital markets transactions including some of the sophisticated and pioneer offerings in the last two decades advising issuers, underwriters, promoters and selling shareholders across sectors.