Recently Viewed
Clear AllBidding Date
10-Jun-2024 to
12-Jun-2024
Issue Size
₹740.1 Cr
Price Band
₹88 to ₹93
Allotment date
13-Jun-2024
Listing date
18-Jun-2024
Lot size
161
No. of shares
7,95,80,900
Fresh issue/OFS
₹120 Cr/₹620.1 Cr
Le Travenues Technology Ltd, popularly known as Ixigo, was established in 2006 with a clear vision to revolutionize the travel industry in India, particularly focusing on empowering Indian travelers to plan, book, and manage their trips efficiently. The core business of the company revolves around operating online travel agency (OTA) platforms that cater to various travel needs of Indian consumers, including booking tickets for rail, air, and bus travel, as well as accommodations in hotels. Additionally, the company offers a range of travel utility tools and services designed to enhance the overall travel experience, such as train PNR status predictions, seat availability alerts, flight status updates, and automated customer support services. The company primarily targets the 'next billion users' market segment, encompassing individuals from Tier II, Tier III cities, and rural areas, as well as new-to-internet users from middle and lower-income groups in Tier I cities.
Read our in-depth analysis of the Le Travenues Technology Ltd IPO Here
Category
Status
QIBs
106.7x
NIIs
110.3x
Retail
54x
Others
--
Total
98.1x
The issue size of Le Travenues Technology is ₹740.10 Cr.
Le Travenues Technology falls into Leisure & Recreation industry.
The Le Travenues Technology IPO will be listed on both NSE and BSE.
The open and close dates for the Le Travenues Technology are 10-Jun-2024 & 12-Jun-2024.
The price band for the Le Travenues Technology ipo is ₹88 to ₹93
The listing date of Le Travenues Technology IPO is 18-Jun-2024.
The purpose of this IPO is to raise fresh capital as well as enable the existing shareholders to sell their stake.
Le Travenues Technology total subscription ratio is 98.1X.
Key financial of the Le Travenues Technology are:
| Le Travenues Technology | FY-24 | FY-23 | FY-22 | FY-21 |
|---|---|---|---|---|
| Revenue (₹ Cr) | 655.87 | 501.25 | 379.58 | 135.6 |
| EBIT (₹ Cr) | 30.92 | 17.62 | -20.16 | 1.5 |
| Proft after Tax (₹ Cr) | 73.06 | 23.4 | -21.09 | 7.5 |
| Debt (₹ Cr) | 40.08 | 0.54 | 2.73 | 14.9 |
| Net Worth (₹ Cr) | 446 | 387.12 | 342.69 | 29.9 |
| RoE (%) | 16.38 | 6.04 | -6.16 | 25.08 |