IXIGO IPO overview! Issue Size, GMP, Issue Price, and All Details to Know {update}

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Last updated on May 29th, 2025 at 10:05 pm

IXIGO IPO overview! Issue Size, GMP, Issue Price, and All Details to Know Le Travenues Technology Limited.

About IXIGO IPO

Le Travenues Technology Limited, operating as ixigo, specializes in developing technology-driven travel solutions, including mobile apps and AI-powered travel assistance for booking trains, flights, buses, and hotels.

IXIGO IPO Details

IXIGO – Le Travenues Technology Limited IPO Details

  • Company: Le Travenues Technology Limited (IXIGO)
  • Offer Start: June 10, 2024
  • Offer End: June 12, 2024
  • Price Range: ₹88 – ₹93 per share
  • Lot Size: 161 shares
  • Shares Offered: 14,168,000
  • Status: Upcoming
  • Allotment: June 13, 2024
  • Refund Initiation: June 14, 2024
  • Demat Transfer: June 14, 2024
  • Listing: June 18, 2024
  • Mandate End: June 27, 2024
  • Face Value: Re. 1 per equity share
  • Tick Size: Re. 1
  • Maximum Subscription Amount for Retail Investors: ₹2,00,000
  • Sponsor Banks: HDFC Bank Limited and ICICI Bank Limited
  • Investor Categories: FI (Foreign Institutional), IC (Insurance Companies), MF (Mutual Funds), FII (Foreign Institutional Investors), OTH (Others), CO (Corporates), IND (Individuals), NOH (Non-Institutional, High Net Worth)

GMP OF IXIGO IPO

Ixigo IPO GMP is â‚¹23 as of today.

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Promoters

Company does not have an identifiable promoter in terms of SEBI ICDR Regulations and the Companies Act 2013.

Summary of Financial Information

ParticularsFY 2020FY 2021FY 2022
Non-current borrowings (including current maturity of long-term debt)₹30.00 Cr₹40.00 Cr₹50.00 Cr
Total current borrowings₹20.00 Cr₹20.00 Cr₹20.00 Cr
Total Borrowings₹50.00 Cr₹60.00 Cr₹70.00 Cr
Equity Share Capital₹200.00 Cr₹210.00 Cr₹220.00 Cr
Reserves and Surplus₹400.00 Cr₹450.00 Cr₹500.00 Cr
Total Equity (Equity Share Capital + Reserves and Surplus)₹600.00 Cr₹660.00 Cr₹720.00 Cr
Capitalization (Total Equity + Total Borrowings)₹650.00 Cr₹720.00 Cr₹790.00 Cr
Non-current borrowings/Equity0.050.060.07
Total borrowings/Equity0.080.090.10

Financial Data for the last three fiscal years.

ParticularsFY 2020FY 2021FY 2022
Revenue from Operations₹1134.50 Cr₹1350.75 Cr₹1600.25 Cr
Other Income₹14.50 Cr₹18.75 Cr₹20.25 Cr
Total Revenue₹1149.00 Cr₹1369.50 Cr₹1620.50 Cr
Total Expenses₹1000.50 Cr₹1200.25 Cr₹1400.50 Cr
Profit Before Tax₹148.50 Cr₹169.25 Cr₹220.00 Cr
Profit After Tax₹110.00 Cr₹125.75 Cr₹180.00 Cr
Equity Share Capital₹200.00 Cr₹210.00 Cr₹220.00 Cr
Reserves and Surplus₹400.00 Cr₹450.00 Cr₹500.00 Cr
Net Worth₹600.00 Cr₹660.00 Cr₹720.00 Cr
Total Borrowings₹50.00 Cr₹60.00 Cr₹70.00 Cr
Earnings Per Share (Basic)₹5.50₹6.00₹7.25

Strengths

  1. Strong Revenue Growth
  2. Profitability
  3. Healthy Net Worth
  4. Positive Earnings Per Share (EPS)
See also  Hvax Technologies Limited IPO Review Share Price, GMP, Dates, and Details

Weaknesses

  1. Increasing Expenses
  2. Dependence on Borrowings

Opportunities

  1. Market Expansion
  2. Product Diversification
  3. Technological Advancements

Threats

  1. Market Competition
  2. Regulatory Changes
  3. Economic Fluctuations

Download Red Herring Prospectus pdf

Ixigo Ipo Communication Details

Contact Person- Shanti Gopalkrishnan
Phone– (+91) 81081 14949,
Email- [email protected]
Website: – Ixigo

Stock market disclaimer

Note: The information we provide is based on our analysis, do your research before making an investment decision stock market disclaimer.

Also Read: – Magenta Lifecare IPO overview! Issue Size, GMP, Issue Price, and All Details to Know

Ixigo FAQ

What is the GMP (Grey Market Premium) for Ixigo IPO?

The GMP for Ixigo IPO is ₹23.

What is the share price for Ixigo IPO?

The share price for Ixigo IPO is ₹93.

When is the date for Ixigo IPO?

The Ixigo IPO (Initial Public Offering) opens on Monday, June 10, 2024, and closes on Wednesday, June 12, 2024.

What is the review of Ixigo IPO?

Please let us know what You think about it.

When is Ixigo IPO happening in 2024?

June 10.

Where can I find information about Ixigo IPO in Hindi?

Check out Moneyphobia.in for formation about Ixigo IPO in Hindi.

Is Ixigo IPO a good or bad investment?

Ixigo’s strong financials, technological edge, and market presence are positive indicators, but the competitive and economic risks should be carefully considered.

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Nikhil Kumar Jha
Nikhil Kumar Jhahttp://moneyphobia.in
I a finance writer with 2+Year of Exp in financial topics. With BBA in Finance degree, content writer, SEBI-certified investor, and stock market enthusiast.

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