Ixigo IPO (Le Travenues Technology) Details
| IPO Size | 740.10 ores |
| Price Range | ₹88 to ₹93 |
| Retail Quota | 10% |
| QIB Quota | 75% |
| NII Quota | 15% |
| Employee Discount | -- |
| Listing at | NSE and BSE |
| Minimum Quantity | 161 |
| Investment (cut-off price) | ₹14,973 |
| Pre IPO Promotor Holding | 58.10% |
| Post IPO Promotor Holding | -- |
| DHRP Draft | Click Here |
| RHP Draft | Click Here |
| Anchor Investors List | Click Here |
Ixigo IPO (Le Travenues Technology) Timelines
10/06/2024
Start Date12/06/2024
End Date14/06/2024
Refund Initiation17/06/2024
Credit of Shares to Demat Ac01/07/2024
Listing DateIxigo IPO (Le Travenues Technology) Lot Size
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 | 161 | ₹14,973 |
| Retail Maximum | 13 | 2093 | ₹194,649 |
| S-HNI Minimum | 14 | 2254 | ₹209,622 |
| B-HNI Minimum | 67 | 10787 | ₹10,03,191 |
Ixigo IPO (Le Travenues Technology) Subscription Status
| QIB | NII | Retail | EMP | Total |
|---|---|---|---|---|
| 106.73 x | 110.53 x | 54.85 x | -- | 98.34 x |
IPO Performance on Listing Day
| Opening Price | Closing Price | Day High | Day Low |
|---|---|---|---|
| ₹₹138.10 | ₹₹165.72 | ₹₹165.72 | ₹₹135 |
Ixigo IPO (Le Travenues Technology) Company Financials
| Year | Total Income | Total Expense | PAT |
|---|---|---|---|
| FY 2021 | ₹138.40 | ₹135.70 | ₹7.53 |
| FY 2022 | ₹384.94 | ₹402.54 | ₹21.09 |
| FY 2023 | ₹517.57 | ₹484.29 | ₹23.40 |
| FY 2024 (9M) | ₹497.10 | ₹475.48 | ₹65.71 |
About Company
Le Travenues Technology Ltd (“Ixigo”) is a technology company that empowers Indian travellers to plan, book and manage their trips across rail, air, buses, and hotels. Ixigo assists travellers in making smarter travel decisions by leveraging artificial intelligence, machine learning, and data science-led innovations on their OTA platforms, comprising their websites and mobile applications.
The company’s vision is to become the most customer-centric travel company, by offering the best customer experience to their users. It focuses on travel utility and customer experience for travellers in the ‘next billion user’ market segment and is driven by technology, cost-efficiency, and their culture of innovation.
| Incorporation Date | Sector | Managing Director |
|---|---|---|
| 2006 | Hospitality & Travel | Aloke Bajpai |
Know Before Investing
Ixigo IPO (Le Travenues Technology) Strengths
- An established consumer travel brand built with a user-first approach.
- Artificial intelligence (“AI”) and technology-driven operations.
Ixigo IPO (Le Travenues Technology) Risks
- Dependent on limited suppliers and distributors for a significant portion of revenue from operations.
- Highly competitive and incentive-based sector.
Swot Analysis for Ixigo IPO (Le Travenues Technology)
Strengths
Brand recallability
Weaknesses
High dependence on IRCTC
Opportunities
Higher adoption in lower tier cities
Threats
High competition, Impacted by seasonality
Contact Details of IXIGO
Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: [email protected]
Website: https://linkintime.co.in/initial_offer/public-issues.html
Company Details
Le Travenues Technology Ltd
Second Floor, Veritas Building,
Sector – 53, Golf Course Road,
Gurugram – 122 002
Phone: +91 124 668 2111
Email: [email protected]
Website: http://www.ixigo.com/
IPO Registar Details
Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: [email protected]
Website: https://linkintime.co.in/initial_offer/public-issues.html
FAQs
The key objectives of Le Travenues Technology (Lxigo) IPO are:
- Part-funding working capital requirements of Company.
- Investments in cloud infrastructure and technology.
- Funding inorganic growth through unidentified acquisitions and other strategic initiatives
Dam Capital Advisors Ltd. (Formerly IDFC Securities Ltd.), JM Financial Ltd and Axis Capital Ltd are are the book-running lead managers for the Lxigo IPO.