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

Last updated on December 11th, 2024 at 03:16 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 ₹23 as of today.

GMP DATE	IPO PRICE	GMP
10-06-2024	₹93	₹23
09-06-2024	₹93	₹23
08-06-2024	₹93	₹23

Promoters

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

Summary of Financial Information

Particulars	FY 2020	FY 2021	FY 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/Equity	0.05	0.06	0.07
Total borrowings/Equity	0.08	0.09	0.10

Financial Data for the last three fiscal years.

Particulars	FY 2020	FY 2021	FY 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)

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- ixigo.ipo@linkintime.co.in
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.

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