m.Stock by Mirae AssetOpen Demat Account
m.Stock by Mirae Asset

IPO 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.

EventDate
Le Travenues Technology Ltd IPO Opening Date10 June 2024
Le Travenues Technology Ltd IPO Closing Date 12 June 2024
Basis of Allotment13 June 2024
Initiation of Refunds14 June 2024
Credit of Shares to Demat14 June 2024
Le Travenues Technology Ltd IPO Listing Date18 June 2024

Le Travenues Technology Ltd IPO Details

Le Travenues Technology Ltd IPO Date10 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 Size161
Issue Size Shares of ₹1 (aggregating up to ₹740.1 Cr)
Fresh Issue Shares of ₹1 (aggregating up to ₹120 Cr)
Offer for SaleShares of ₹1 (aggregating up to ₹620.1 Cr)
Issue Type(Book Built Portion)
Listing At BSE, NSE
QIB Shares OfferedNot more than 2,38,74,271 of the Net Offer
Retail Shares OfferedNot less than 79,58,089 of the Net Offer
NII (HNI) Shares OfferedNot 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 LotsSharesAmount
Minimum1161₹14,973
Maximum132,093₹1,94,649
  • 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 AssetsTotal RevenueProfit After Tax
03-2024611.7661.9553.98
03-2023498.93345.24.53
03-2022472.77259.21-32.05
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 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)

CategoryQIBNIIRetailEmployeeTotal
Subscription (times)106.73110.5354.85-98.34

Le Travenues Technology Ltd IPO Prospectus

Le Travenues Technology Ltd IPO Listing Date

BSE Script 544192
NSE SymbolIXIGO
Listing In BSE, NSE
ISININE0HV901016
IPO Price₹93
Face Value1

Company Contact Information

Le Travenues Technology Ltd
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

Phone:(+91) 81081 14949
Email: ixigo.ipo@linkintime.co.in
Website: www.linkintime.co.in

Le Travenues Technology Ltd IPO Lead Manager(s)

  1. Axis Capital Ltd
  2. Dam Capital Advisors Ltd
  3. JM Financial Ltd

FAQ

What is the issue size of Le Travenues Technology Ltd IPO?

Le Travenues Technology Ltd IPO, which opens for subscription from to 12 June 2024 has an issue size of ₹740.1 crore. The issue type is book building issue.

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.

What are the open and close dates for Le Travenues Technology Ltd IPO?

Le Travenues Technology Ltd IPO Opens for subscription from 10 June 2024 to 12 June 2024

What is the lot size and minimum order quantity of the Le Travenues Technology Ltd IPO?

The lot size of Le Travenues Technology Ltd is 161 shares. Retail investors can subscribe to minimum 1 lot and maximum 13 lots. The minimum and maximum application value is ₹14,973 and ₹1,94,649 respectively.

What are the allotment dates for the Le Travenues Technology Ltd IPO?

Allotment date for Le Travenues Technology Ltd is 13 June 2024 and refund of application amount (in case allotment is not received) will begin from 14 June 2024. If your allotment goes through, then shares will be credited in your Demat account by 14 June 2024.

Who is the registrar of Le Travenues Technology Ltd IPO?

The registrar for Le Travenues Technology Ltd IPO is MUFG Intime India Pvt Ltd. You can check your IPO allotment status on the registrar's website.

Where is the Le Travenues Technology Ltd IPO getting listed?

The shares of Le Travenues Technology Ltd are proposed to be listed on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE)