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Le Travenues Technology Ltd. IPO
NSE & BSE Bookbuilding IPO Fresh Capital-cum-Offer for Sale Closed Live Chart
GMP +₹0 +0% Est. Listing ₹93
Issue Price
₹93
Face ₹1
GMP
+₹0
+0% premium
Est. Listing
₹93
GMP based
Lot Size
161
shares / lot
Min Amount
₹14,973
1 lot · 161 shares
Live Price
tap to chart
Allotment
Important Dates
6/6 completed
Open
Close
Allotment
Refund
Demat
Listing
Done
Open Date
10 Jun 2024
Mon Completed
Done
Close Date
12 Jun 2024
Wed Completed
Done
Allotment
13 Jun 2024
Thu Completed
Done
Refund
14 Jun 2024
Fri Completed
Done
Demat Credit
14 Jun 2024
Fri Completed
Done
Listing Date
18 Jun 2024
Tue Completed
UPI Deadline: 12 Jun 2024
Issue Details
Pricing & Size
Issue Price
₹93 Face ₹1
Lot Size
161 shares
Min Investment
₹14,973
Total Issue Size
7,95,80,899 shares (aggregating up to ₹740.10 Cr)
IPO Information
Issue Type
Bookbuilding IPO
Sale Type
Fresh Capital-cum-Offer for Sale
Listing Exchange
NSE & BSE
Script / Ticker
-
Allocation Breakdown
Market Maker
-
QIB Portion
5,96,85,676 (75.00%)
NII / HNI
1,19,37,134 (15.00%)
Retail
79,58,089 (10.00%)
Employee
-
Net Offer to Public
-
Shareholding Pattern
Pre-Issue Shareholding
37,45,19,945 shares
Post-Issue Shareholding
38,74,23,171 shares
Application Size
CategoryMin LotsSharesAmount
Retail (sNII) 1 161 ₹14,973
HNI / NII 14 2,254 ₹2,09,622
bHNI / bNII 67 10,787 ₹10,03,191
Objects of Issue
3 objectives
1
Part-funding working capital requirements of the company;
2
Investments in cloud infrastructure and technology; and
3
Funding inorganic growth through unidentified acquisitions and other strategic initiatives and general corporate purposes.
Lead Managers & Market Maker
Book Running Lead Managers
Axis Capital Ltd.
Dam Capital Advisors Ltd.
JM Financial Ltd.
IPO Timeline
Open
10 Jun
✓ Done
Close
12 Jun
✓ Done
Allotment
13 Jun
✓ Done
Listing
18 Jun
✓ Done
Registrar Details
MUFG Intime India Pvt.Ltd.
SEBI Registered Registrar & Transfer Agent
Phone
+91-22-4918 6270
Email
ixigo.ipo@linkintime.co.in
Company Contact
Email
investors@ixigo.com
Phone
+91 124 668 2111
Address
Second Floor, Veritas Building, Sector - 53, Golf Course Road Gurgaon, Haryana, 122002
Grey Market Premium
LIVE
Current GMP
+₹0
+0% vs Issue Price
Issue Price
₹93
Est. Listing
₹93
Lot Size
161 shares
P&L / Lot
+₹0
GMP is unofficial grey market data. Does not guarantee listing price or returns.
GMP Return Calculator
Estimated Listing
GMP %
Investment (1 Lot)
Total Investment
Expected P&L
ROI
Le Travenues Technology Ltd. LIVE
INR ·
vs Issue
Open
High
Low
Mkt Cap
P/E
52W H
52W L
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| Price
Market Reference
IPO Issue Price
₹93
GMP
+₹0 (+0%)
GMP Est. Listing
₹93
Previous Close
Exchange
Data from Yahoo Finance. May be delayed 15–20 min. GMP is unofficial. Not investment advice.
Category-wise Subscription
Category Sub (×) Offered Bid For Amt (Cr)*
QIB 5,96,85,676 (75.00%) ₹55,507.68 Cr
NII / HNI (Total) 1,19,37,134 (15.00%) ₹11,101.53 Cr
Retail Investors 79,58,089 (10.00%) ₹7,401.02 Cr
Total ** 7,95,80,899 (100.00%) ₹740,102.36 Cr
* Based on ₹93.00 (upper price band)
NII / HNI Breakdown
Shares Reserved
QIB
5,96,85,676 (75.00%)
NII
1,19,37,134 (15.00%)
Retail
79,58,089 (10.00%)
* Shares Offered and Total Amount are indicative. ** Excluding Market Maker portion. Data sourced from exchange bidding platform.
Financial Summary
Amount in Crore
Metric31 Dec 202331 Mar 202331 Mar 2022
Revenue497.10517.57384.94
PAT65.7123.40-21.09
EBITDA
Net Worth437.13373.76342.69
Total Assets678.71585.93538.47
Reserves399.83334.17303.22
Borrowings43.360.542.73
Key Financial Ratios
15.26%
RONW
Return on Net Worth
8.14
P/BV
Price to Book Value
0.62
Pre EPS
EPS Pre-Issue
2.26
Post EPS
EPS Post-Issue
148.87
Pre P/E
P/E Pre-Issue
41.12
Post P/E
P/E Post-Issue
About Le Travenues Technology Ltd.

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.

The various OTA platforms offered by ixigo include:

  1. The ixigo trains and Confirmtkt app: They facilitate the travel planning and booking process by enabling users to search for available train tickets for travel across India, book and pay for the selected tickets, receive tickets through various fulfillment methods such as e-mail, SMS, and Whatsapp, access real-time information on train arrivals and departures and avail the required post-sales support.
  2. ixigo-flights mobile app: It allows users to search and book all our travel products and services, including air tickets, train tickets, buses and hotels. Users can access all past and future bookings, check and amend booking details, and request e-tickets and details via messaging platforms. The app is available for both Android and iOS operating systems.
  3. Abhibus app: It allows users to check the amenities offered, compare booking prices, check bus schedules on the desired route and use other facilities. It is available through both the website and the mobile app.

The company has the highest app usage among OTAs with a cumulative 83 million monthly active users across its apps, according to data.ai in September 2023.

The company recently launched ixigo PLAN, an intelligent, AI-based travel planner that helps travelers plan their trips with detailed itineraries and real-time destination information. It has also launched a generative AI plugin that enables conversational interactions with ixigo PLAN.

The company has also launched a value-added service, ixigo Assured Flex, which enables the purchase of a fully flexible air or rail ticket with no additional payment for cancelation or rebooking, apart from the price difference, for all domestic flights and rail bookings at a low cost.

As of December 31, 2023, the company had 486 full-time employees, and 4 consultants working under consultancy agreements.

Frequently Asked Questions
What is the issue price of Le Travenues Technology Ltd. IPO?
The issue price of Le Travenues Technology Ltd. IPO is ₹93 per share, face value ₹1.
What is the lot size?
Minimum lot size is 161 shares, requiring ₹14,973.
What are the IPO dates?
Opens 10 Jun 2024, closes 12 Jun 2024.
When is the listing date?
Tentative listing: 18 Jun 2024 on NSE & BSE.
What is the current GMP?
Current GMP is +₹0, estimated listing ₹93 (+0%). GMP is unofficial.
How to apply?
Apply via ASBA through your bank, or via UPI through any broker app.

Check Allotment Status

Le Travenues Technology Ltd. IPO · Expected 13 Jun 2024

Check on Registrar
Post-IPO Timeline
Allotment Date
13 Jun 2024
Refund Initiation
14 Jun 2024
Demat Credit
14 Jun 2024
Listing Date
18 Jun 2024
Live Price LIVE
Quick Facts
Closed
GMP Signal
Bullish
+₹0
+0%
Issue Price
₹93
Face ₹1
Lot Size
161
shares / lot
Min Amount
₹14,973
1 lot
Est. Listing
₹93
GMP +₹0
Key Dates
Open
10 Jun Done
Close
12 Jun Done
Listing
18 Jun Done
Registrar
MUFG Intime India Pvt.Ltd.
A
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