Le Travenues Technology Ltd
Price Range
₹88 - ₹93
Min. Quantity
161
Closes on
12 June 2024
Min. investment
₹14,973/2,093 Shares
Le Travenues Technology Ltd IPO Timeline
Le Travenues Technology Limited was incorporated on June 3, 2006 as a Private Company with the name 'Le Travenues Technology Private Limited', granted by the RoC, at New Delhi. Pursuant to the conversion of Company to a Public Limited, name of the Company was changed to 'Le Travenues Technology Limited' and the RoC issued a fresh Certificate of Incorporation on August 3, 2021.
| Event | Date |
|---|---|
| Le Travenues Technology Ltd IPO Opening Date | 10 June 2024 |
| Le Travenues Technology Ltd IPO Closing Date | 12 June 2024 |
| Basis of Allotment | 13 June 2024 |
| Initiation of Refunds | 14 June 2024 |
| Credit of Shares to Demat | 14 June 2024 |
| Le Travenues Technology Ltd IPO Listing Date | 18 June 2024 |
Le Travenues Technology Ltd IPO Details
| Le Travenues Technology Ltd IPO Date | 10 June 2024 to 12 June 2024 |
| Le Travenues Technology Ltd IPO Face Value | ₹1 per share |
| Le Travenues Technology Ltd IPO Price | ₹88 to ₹93 per share |
| Le Travenues Technology Ltd IPO Lot Size | 161 |
| Issue Size | Shares of ₹1 (aggregating up to ₹740.1 Cr) |
| Fresh Issue | Shares of ₹1 (aggregating up to ₹120 Cr) |
| Offer for Sale | Shares of ₹1 (aggregating up to ₹620.1 Cr) |
| Issue Type | (Book Built Portion) |
| Listing At | BSE, NSE |
| QIB Shares Offered | Not more than 2,38,74,271 of the Net Offer |
| Retail Shares Offered | Not less than 79,58,089 of the Net Offer |
| NII (HNI) Shares Offered | Not less than 1,19,37,134 of the Net Offer |
| Company Promoters |
Le Travenues Technology Ltd IPO Lot Size
The Le Travenues Technology Ltd IPO lot size is 161 shares. A retail-individual investor can apply for up to 13 lots (2,093 shares or ₹1,94,649).
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Minimum | 1 | 161 | ₹14,973 |
| Maximum | 13 | 2,093 | ₹1,94,649 |
- Strengths
- Risks
- Opportunities
- Leading online travel agency ("OTA"), with significant penetration in the underserved ext billion user' market segment.
- Artificial intelligence ("AI") and technology driven operations .
- Established consumer travel brands built with user-first approach Established consumer travel brands built with user-first approach.
- Diversified business model with significant operating leverage and organic flywheel.
- Experienced management team with lean organization structure.
Company Financials
Le Travenues Technology Ltd Financial Information (Restated)
| Period Ended | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 03-2024 | 611.7 | 661.95 | 53.98 |
| 03-2023 | 498.93 | 345.2 | 4.53 |
| 03-2022 | 472.77 | 259.21 | -32.05 |
| Amount in ₹ Crore | |||
Objects of the Issue
The company proposes to utilise the Net Proceeds from the Fresh Issue towards funding the following objects:
- Working Capital Requirements
- Investment inorganic infrastructure and thechnology
- General corporate purposes
Le Travenues Technology Ltd IPO Promoter Holding
| Pre Issue Share Holding | - |
| Post Issue Share Holding | - |
Le Travenues Technology Ltd IPO Subscription Status (Bidding Detail)
The Le Travenues Technology Ltd IPO is subscribed 98.34 times on 12 June 2024 05:00:00 PM. The public issue subscribed 54.85 times in the retail category, 106.73 times in the QIB category, and 110.53 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | QIB | NII | Retail | Employee | Total |
| Subscription (times) | 106.73 | 110.53 | 54.85 | - | 98.34 |
Le Travenues Technology Ltd IPO Prospectus
Le Travenues Technology Ltd IPO Listing Date
| Listing Date | 18 June 2024 |
| BSE Script | 544192 |
| NSE Symbol | IXIGO |
| Listing In | BSE, NSE |
| ISIN | INE0HV901016 |
| IPO Price | ₹93 |
| Face Value | ₹1 |
Company Contact Information
2nd Floor Veritas BuildingSector 53 Golf Course Road,Gurugram-122002
Phone: 91-124-668 2111
Email: investors@ixigo.com
Website: www.ixigo.com
Le Travenues Technology Ltd IPO Registrar
Le Travenues Technology Ltd IPO Lead Manager(s)
- Axis Capital Ltd
- Dam Capital Advisors Ltd
- JM Financial Ltd
FAQ
What is the issue size of Le Travenues Technology Ltd IPO?
I have pre-applied for Le Travenues Technology Ltd IPO. When will my order get placed?
In case of pre-apply, your IPO order will be placed on the Exchange as soon as the official bidding for TBI Corn Ltd IPO begins. You will receive a UPI request within 24 hours after the bidding period opens.