Last updated on December 23rd, 2024 at 03:08 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
- Strong Revenue Growth
- Profitability
- Healthy Net Worth
- Positive Earnings Per Share (EPS)
Weaknesses
- Increasing Expenses
- Dependence on Borrowings
Opportunities
- Market Expansion
- Product Diversification
- Technological Advancements
Threats
- Market Competition
- Regulatory Changes
- 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.
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.
