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What to Expect from ixigo's IPO

Sebencapital

Published
11/06/24
ixigo Expectation| seben capital

Le Travenues Technology Limited was founded in 2006 and is an online travel agency (OTA) that enables travelers to book train, flight, and bus tickets as well as hotels via its OTA platforms under the brand name "ixigo".

The company's list of services includes PNR status and confirmation predictions, train seat availability alerts, train running status updates and delay predictions, alternative route or transportation planning, flight status updates, automated web check-in, bus running status, price and availability alerts, deal discovery, destination content, personalized recommendations, instant fare alerts for flights, AI-based travel planning service and automated customer support.


ixigo IPO Details

IPO Date
June 10, 2024 to June 12, 2024
Listing DateTuesday, June 18, 2024
Face Value₹1 per share
Price Band₹88 to ₹93 per share
Lot Size161 Shares
Total Issue Size79,580,900 shares
(aggregating up to ₹740.10 Cr)
Fresh Issue12,903,226 shares
(aggregating up to ₹120.00 Cr)
Offer for Sale66,677,674 shares of ₹1
(aggregating up to ₹620.10 Cr)
Issue TypeBook Built Issue IPO
Listing AtBSE, NSE
Shareholding pre-issue374,519,945
Shareholding pre issueShareholding pre-issue

ixigo IPO Timeline

IPO Open DateMonday, June 10, 2024
IPO Close DateWednesday, June 12, 2024
Basis of AllotmentThursday, June 13, 2024
Initiation of RefundsFriday, June 14, 2024
Credit of Shares to DematFriday, June 14, 2024
Listing DateTuesday, June 18, 2024

ixigo IPO Lot Size

ApplicationLots
SharesAmount
Retail (Min)1161₹14,973
Retail (Max)132093₹194,649
S-HNI (Min)142,254₹209,622
S-HNI (Max)6610,626₹988,218
B-HNI (Min)6710,787₹1,003,191

Written by Sauravsingh

Techpreneur and adept trader, Sauravsingh Tomar seamlessly blends the worlds of technology and finance. With rich experience in Forex and Stock markets, he's not only a trading maven but also a pioneer in innovative digital solutions. Beyond charts and code, Sauravsingh is a passionate mentor, guiding many towards financial and technological success. In his downtime, he's often found exploring new places or immersed in a compelling read.

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