Le Travenues Technology Ltd IPO
Le Travenues Technology Ltd IPO bidding starts from June 10, 2024 and ends on June 12, 2024. The allotment for the Le Travenues Technology Ltd IPO is expected to be finalized on June 13, 2024. Le Travenues Technology Ltd IPO will list on BSE, NSE with tentative listing date fixed as June 18, 2024. Le Travenues Technology Ltd IPO price band is set at ₹88 to ₹93 per share. The minimum lot size for an application is 161 Shares. The minimum amount of investment required by retail investors is ₹14,973.
Important Dates:-
Particulars | Value |
---|---|
Open Date:- | June 10, 2024 |
Close Date:- | June 12, 2024 |
Allotment Date:- | June 13, 2024 |
Listing Date:- | June 18, 2024 |
About Le Travenues Technology Ltd :-
Le Travenues Technology Limited, founded in 2006, operates as an online travel agency (OTA) under the brand name "ixigo," enabling travelers to book train, flight, and bus tickets, as well as hotels. The company offers a variety of services, including 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, and automated customer support.
The ixigo trains and Confirmtkt app facilitate travel planning and booking by allowing users to search for available train tickets across India, book and pay for selected tickets, receive tickets via email, SMS, and WhatsApp, access real-time information on train arrivals and departures, and obtain post-sales support. The ixigo-flights mobile app enables users to search and book air tickets, train tickets, buses, and hotels, manage bookings, and request e-tickets and details through messaging platforms, and is available on both Android and iOS. The Abhibus app provides features such as amenities comparison, booking prices, bus schedules, and is accessible via both website and mobile app.
As of September 2023, ixigo has the highest app usage among OTAs, with 83 million monthly active users across its apps. The company recently launched ixigo PLAN, an AI-based travel planner that helps travelers plan trips with detailed itineraries and real-time destination information, and a generative AI plugin for conversational interactions with ixigo PLAN. Additionally, ixigo Assured Flex offers a value-added service allowing fully flexible air or rail ticket bookings with no extra charge for cancellation or rebooking, apart from the price difference, for all domestic flights and rail bookings at a low cost.
As of December 31, 2023, Le Travenues Technology Limited employed 486 full-time employees and 4 consultants working under consultancy agreements.
Contact Details :-
Address:- Le Travenues Technology Ltd Second Floor, Veritas Building, Sector - 53, Golf Course Road, Gurugram - 122 002
Phone:- +91 124 668 2111
E-mail:- investors@ixigo.com
Website:- http://www.ixigo.com/
IPO Details :-
Particulars | Value |
---|---|
IPO Type:- | Mainline |
Price:- | ₹88 to ₹93 |
Lot Size:- | 161 |
Minimum Amount for 1 Lot:- | ₹14,973 |
Listing At:- | BSE, NSE |
Total issue of Shares:- | 7,95,80,900 |
Total issue Size:- | ₹740.1 Crore |
Fresh issue of Shares:- | 1,29,03,226 |
Fresh issue Size:- | ₹120 Crore |
Offer for Sale issue of Shares:- | 6,66,77,674 |
Offer for Sale issue Size:- | ₹620.1 Crore |
Face Value:- | ₹1 per Equity Share |
Retail Quota:- | 10% |
QIB Quota:- | 30% |
NII Quota:- | 15% |
Financial Information :-
Amount in ₹ Crore
Period Ended | 31 Dec 2023 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
---|---|---|---|---|
Assets | 678.71 | 585.93 | 538.47 | 185.07 |
Revenue | 497.10 | 517.57 | 384.94 | 138.41 |
Profit After Tax | 65.71 | 23.40 | -21.09 | 7.53 |
Net Worth | 437.13 | 373.76 | 342.69 | 29.94 |
Reserves and Surplus | 399.83 | 334.17 | 303.22 | -212.60 |
Total Borrowing | 43.36 | 0.54 | 2.73 | 14.94 |
Key Performance Indicator :-
Particulars | Value |
---|---|
Market Cap (₹ in Crore):- | 3,603 |
RoNW:- | 15.26% |
IPO Registrar :-
Name:- Link Intime India Private Ltd
Website:- https://linkintime.co.in/initial_offer/public-issues.html
IPO Prospectus :-
Particulars | Link |
---|---|
Le Travenues Technology Ltd IPO DHRP:- | Click Here |
Le Travenues Technology Ltd IPO RHP:- | Click Here |
GMP :-
GMP Date | GMP | Estimated Listing Price | Estimated Listing Gain |
---|---|---|---|
10-06-2024 | ₹28 | ₹121 | 30.11% |
11-06-2024 | ₹36 | ₹129 | 38.71% |
Subscription Details :-
Date | QIB | NII | Retail | Total |
---|---|---|---|---|
June 10, 2024 | 0.11 | 1.75 | 4.91 | 1.43 |
June 11, 2024 | 0.79 | 20.20 | 18.92 | 9.38 |
Allotment Status:-
Particulars | Link |
---|---|
Check Allotment Status (available on June 13, 2024) | Click Here |
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