Ixigo IPO Date, Review, Price, Allotment Details

Le Travenues Technology Ltd (Ixigo) is a technology company focused on empowering Indian travelers to plan, book, and manage their trips across rail, air, buses, and hotels. They assist travelers 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. Their vision is to become the most customer-eccentric travel company, by offering the best customer experience to their users. Their focus on travel utility and customer experience for travelers in the ‘next billion user’ market segment is driven by technology, cost-efficiency, and their culture of innovation. Their OTA platforms allow travelers to book train tickets, flight tickets, bus tickets, and hotels while providing travel utility tools and services developed using in-house proprietary algorithms and crowd-sourced information, including train PNR status and confirmation predictions, train seat availability alerts, train running status updates and delay predictions, alternate route or mode planning, flight status updates, automated web check-in, bus running status, pricing and availability alerts, deal discovery, destination content, personalized recommendations, instant fare alerts for flights, AI-based travel itinerary planner and automated customer support services.

Ixigo has significant penetration in the ‘next billion user’ market. ‘Next billion users’ refers to an existing as well as anticipated market of “new to Internet” users that includes all non-Tier I market demand i.e., all travel demand originating from and/or concluding in Tier II, III and rural areas in India as well as “new to Internet” users emerging from middle and lower income groups of Tier I cities. (Source: F&S Report)In the next five years, it is expected that 20% of the ‘next billion users’ will come from Tier I cities, and a substantial 50% to come from Tier II and Tier III cities, and significantly, the rest of 30% will come from rural India. (Source: F&S Report)

Objects of the Issue

• Part- funding working capital requirements of our Company.
• Investments in cloud infrastructure and technology.
• Funding inorganic growth through unidentified acquisitions and other strategic initiatives and general corporate purposes.

Ixigo IPO Review (Apply or Not)

• Apply

Brokerage Firm IPO Review

• Ajcon Global Services: Apply
• Anand Rathi: Apply
• BP Equities (BP Wealth): Apply
• Canara Bank Securities: Apply
• SBICAP Securities: Apply
• SMC Global: Neutral
• Swastika Investmart: Apply
• Ventura Securities: Apply

Ixigo IPO (Le Travenues Technology) Date & Price Band Details

Ixigo IPO Market Lot

The Ixigo IPO minimum market lot is 161 shares with ₹14,973 application amount. The retail investors can apply up-to 13 lots with 2093 shares or ₹194,649 amount.

Ixigo IPO Allotment & Listing Dates

The Ixigo IPO date is June 10 and the close date is June 12. The Ixigo IPO allotment will be finalized on June 13 and the IPO listing on June 18.

You can check IPO subscription status and IPO allotment status on their respective pages.

Ixigo IPO (Le Travenues Technology) Form

How to apply for the Ixigo IPO? You can apply for Ixigo IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Ixigo IPO in the Invest section. The other option is you can apply for Ixigo IPO via IPO forms downloaded via NSE and BSE. Check out the Ixigo forms – Click BSE Forms & NSE Forms blank IPO forms download, fill, and submit in your bank or with your broker.

Ixigo Company Financial Report

Ixigo IPO Valuation – FY2023

Check Ixigo IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.

Peer Group

• Easy Trip Planners Limited
• Yatra Online Limited

Company Promoters

• The Company is a Professionally Managed Company and Does Not Have an Identifiable Promoter

Ixigo IPO Registrar

Link Intime India Private Ltd
E-mail: [email protected]
Phone:(+91) 81081 14949
Website: https://linkintime.co.in/

Ixigo IPO Allotment Status Check

Check Ixigo IPO allotment status on Linkintime website allotment URL. Click Here

Ixigo IPO Lead Managers aka Merchant Bankers

• DAM Capital Advisors Limited
• Axis Capital Limited
• JM Financial Limited

Company Address

Le Travenues Technology Limited
Second Floor, Veritas Building, Sector -53
Golf Course Road, Gurugram 122 002, Haryana, India
Phone: (+91 124) 668 2111
E-mail: [email protected]
Website: www.ixigo.com

Ixigo IPO FAQs