Issue Price
₹88- ₹93
per equity share
Issue Size
4.38 crores
equity share
Face Value
₹
per equity share
Market Lot
161
equity share
Please note
Listing at BSE ,NSE
LE TRAVENUES TECHNOLOGY LIMITED
Important Dates
IPO Open Date
10 Jun 2024
IPO Close Date
12 Jun 2024
Allotment Date
13 Jun 2024
Initiation of Refunds
14 Jun 2024
Credit of Shares to Demat Account
14 Jun 2024
IPO Listing Date
18 Jun 2024
UPI Mandate Expiry Date
12 Jun 2024
IPO Details
Ixigo IPO is open for subscription starting Monday, June 10, 2024, and closing on Wednesday, June 12, 2024. The price is decided at Rs 88 to Rs 93 per share. The minimum lot size for the retail category is 161 shares. The minimum lot size for small NII is 14 lots consisting of 2,254 shares. Meanwhile, the minimum lot for big non-institutional investors is 67 lots with 10,787 shares. The minimum investment required for retail category investors is Rs 14,973 ( 93 x 110 shares). However, for small non-institutional investors, the minimum investment amount required is Rs 2,09,622 (93 x 1,540 shares); for big non-institutional investors, it is Rs 10,03,191 (93 x 7,370 shares). Ixigo IPO is a book-built issue of Rs 740.10 crores. This is a combination of fresh issue and offer-for-sale. The fresh issue is of 1.29 crore shares amounting to Rs 120 crore, and OFS consists of 6.67 crore shares amounting to Rs 620.10 crores. The allotment for this IPO is expected to be finalised on Thursday, June 13, 2024. Ixigo Limited IPO will be listed on both BSE and NSE, and the listing date is fixed on Tuesday, June 18, 2024. The book-running lead managers of ixigo Limited are Axis Capital Limited, Dam Capital Advisors Limited and JM Financials Limited. The registrar for this new IPO is Link Intime India Private Limited.
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Check Allotment StatusAbout LE TRAVENUES TECHNOLOGY LIMITED
Le Travenues Technology Limited was, founded in 2006, is an online travel agency that enables travellers to book train, flight, bus tickets as well as hotel booking via its OTA platform under the brand name ixigo. Ixigo services list includes PNR and confirmation prediction, train seat available alerts, train running 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, customer support etc. The various OTT offered by Ixigo include – The ixigo trains and Confirm ticket booking applications, the ixigo flight mobile application, and Abhibus applications. Ixigo recently launched ixigo PLAN, an intelligent, Artificial intelligence-based travel planner that helps travellers plan their trips with detailed itineraries and real-time destination information. The company also launched a generative AI plugin that enables conversational interactions with ixigo PLAN. It also launched a value-added service, ixigo Assured Flex, which allows purchasing a fully flexible air or rail ticket with no additional payment for cancellation or rebooking, apart from the price difference, for all domestic flights and rail bookings at a low cost.
Parent Organisation
-
Founded
2006
Managing Director
Aloke Bajpai
IPO Objectives
The funds raised from this public issue will be used to fund the company's day-to-day capital requirements, invest in cloud infrastructure and technology, and grow inorganically through unidentified organisations, other strategic initiatives, and general corporate purposes.
How to apply for IPO
- Login to your Bigul account and select the issue in the current IPO section
- Enter the number of lots and price at which you wish to apply for
- Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange
- You will receive a mandate notification to block funds in your UPI app
- Approve the mandate request on your UPI and funds will be blocked
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