Ixigo (Le Travenues Technology Limited) IPO will open in 2022. Ixigo is an Indian AI-based online travel portal, launched in 2007.
List of Topic Covered
Key Features of Ixigo IPO
- Ixigo IPO will open on 2022
- You can apply in this IPO from 2022 to 2022
- Issue Price band of the company is Rs. per equity share.
- This IPO comprises fresh equity shares of worth ₹ 750 crores and an offer for sale (OFS) of equity shares worth ₹ 850 crores by promoters and existing shareholders.
- It has a minimum shares in one lot and you have to spend a minimum ₹ for 1 lot.
- Ixigo IPO is looking to raise ₹ 1600 crores through this IPO.
What is Ixigo (Le Travenues Technology Limited) ?
- Ixigo is a technology company which compares real time travel information, prices and availability for flights, trains, buses and hotels.
- They use artificial intelligence, machine learning and data science in their website and apps to make smart travel decisions for travelers.
- Ixigo allows travelers to book train tickets, flight tickets, bus tickets, hotels and cabs. You can check train PNR status, train live running status etc.
- Rajnish Kumar and Aloke Bajpai started Ixigo in June 2007.
- They acquired confirmtkt.com and abhibus.com recently in a cash and stock deal.
- Travel and tourism is among the most affected sectors in covid.
- On the revenue front, after making losses for two consecutive years, Ixigo is in profit this year i.e in 2021. Positive sign for investors.
Grey Market Premium of Ixigo IPO GMP
- Grey market is an unregulated market to trade ipo shares before listing.
- Ixigo IPO price band is placed at ₹ – ₹_.
- But the grey market premium of this share is currently % i.e. at ₹.
- So the share price of Ixigo IPO in the grey market is ₹.
Ixigo IPO Live Subscription Status
Data coming soon.
Ixigo IPO Conditions to know before Investing, Date, Lot Size, Allotment
| IPO Start Date | 2022 |
| IPO Close Date | 2022 |
| Share Allotment Date | 2022 |
| Refunds Date | 2022 |
| Credit to Demat Account Date | 2022 |
| IPO Listing Date | 2022 |
| Fresh Equity Share Issue | Approx worth ₹ 750 crores |
| Offer For Sale (OFS) Equity Share | Approx worth ₹ 850 crores |
| Face Value | ₹ 1 Per Equity Share |
| Price Band | ₹ – ₹ Per Equity Share |
| Retail Quota Share | 10 % |
| QIB Quota | 75 % |
| NII Quota | 15 % |
| Listing on | NSE & BSE |
| Minimum Lot Size | Shares in 1 Lot |
| Minimum Amount | ₹ _ For 1 Lot |
| Maximum Lot Size | Shares (_Lot) |
| Maximum Amount | ₹_ (For _Lot) |
| Employee Discount | NA |
| DRHP | View |
Ixigo IPO Financial Report of 2019,2020 & 2021
After making losses in 2019 and 2020, the company is in profit this year in 2021 which is a strong positive sign for the investors.
| Year | Revenue | Expense | PAT (Profit After Tax) |
| 2021 | ₹ 138 | ₹ 136 | ₹ 7.53 |
| 2020 | ₹ 113 | ₹ 140 | – ₹ 26.61 |
| 2019 | ₹ 43 | ₹ 100 | – ₹ 57.35 |
Basis of Allotment in Ixigo IPO
- Ixigo IPO’s 75% quota is reserved for the QIB category.
- 15% quota is reserved for NII Category and
- 10% quota is reserved for retail investors.
How to Apply in Ixigo IPO
- You can apply for the Ixigo IPO through the ASBA facility available in your bank account.
- Just login to your online banking. GO to the IPO section and apply for Ixigo (Le Travenues Technology Limited)
- Also you can apply this IPO through your trading account
- One more way to apply in this IPO is through forms which you can download from NSE and BSE website.
- After downloading forms, fill it properly and submit it to the respective banks or to your broker.
How to apply for the Ixigo IPO through Zerodha?
- Login to your console in Zerodha through desktop or app.
- Then go to your portfolio and click on IPO.
- You will see Ixigo (Le Travenues Technology Limited) IPO
- Then click on the bid button.
- After this enter your UPI ID, price and quantity (lot size)
- Click the submit button.
- At last you have to go to your UPI app to approve the mandate.
How to apply for the Ixigo IPO through Upstox?
- Login to your Upstox account through desktop or app.
- You will see the name Ixigo (Le Travenues Technology Limited)
- Then hit the bid button.
- Click the submit button.
- At last you have to go to your UPI app to approve the mandate.
Ixigo IPO Allotment Status
You can check Ixigo IPO allotment status on Registrar and Transfer Agent Website
Also you can check the allotment status on NSE Website
Other Information in Ixigo IPO
Ixigo Principal shareholders / Promoters
- SAIF Partners
- SCI Investments
Ixigo IPO Lead Managers
- Axis Capital Limited
- ICICI Securities Limited
- Kotak Mahindra Capital Company Limited
- Nomura Financial Advisory and Securities (India) Private Limited.
Ixigo (Le Travenues Technology Limited) contact information
Le Travenues Technology Limited
Le Travenues Technology Limited
2nd floor, Veritas Building,
Sector 53, Golf Course Road,
Gurugram 122 002, Haryana
- Phone: (+91 124) 668 2111
- E-mail: investors@ixigo.com
- Website: www.ixigo.com
Ixigo IPO Registrar Contact Information
Link Intime India Private Ltd
- Phone: +91-22-4918 6270
- Email: ixigo.ipo@linkintime.co.in
- Website: https://linkintime.co.in/
Ixigo IPO FAQs
What is Ixigo IPO?
Ixigo IPO is the main-board IPO which will be listed on NSE & BSE. They are going to raise ₹ 1600 crore through this IPO. One lot has minimum _ shares and you have to spend a minimum ₹_ for 1 lot.
When Ixigo IPO will open?
Ixigo IPO price band is ₹_ to ₹_.
What is the lot size of ixigo IPO?
One lot has minimum _ shares and you have to spend a minimum ₹_ for 1 lot. Maximum lot is _ and you have to spent ₹ _ for _ lots.
What is the investors portion in Ixigo IPO?
Ixigo IPO’s _ % quota is reserved for retail investors. _ % quota is reserved for NII Category and _ % quota is reserved for the QIB category.
When Ixigo IPO will open?
Ixigo IPO will open in 2022.
What is the lot size of Ixigo IPO?
Ixigo has minimum _ shares in 1 lot. Minimum amount for 1 lot is ₹ _ . Maximum lot size is and maximum amount you have to pay for lot is.
When is the Ixigo IPO Allotment?
Basis of Allotment for Ixigo IPO will happen on _ and allotted shares will be deposited in your demat account on _.
When is the Ixigo IPO Listing Date?
Shares of Ixigo will list in the market on _.
Paisa kaudi recommendation on Ixigo IPO
Ixigo is one of the largest FMCG food companies in India. Revenue wise Ixigo is in profits in 2021. Price range and other parameters are yet to declare.
Keep checking the page for complete details. Data coming soon.
I hope this covers all the points on Ixigo IPO.
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