The Ixigo IPO is a book-built issue valued at ₹740.10 crores. It comprises a fresh issue of 1.29 crore shares (aggregating to ₹120.00 crores) and an offer for sale of 6.67 crore shares (aggregating to ₹620.10 crores). The subscription window for the ixigo IPO opens on June 10, 2024, and it will close on June 12, 2024. The allotment process is expected to be finalized on Thursday, June 13, 2024. The company plans to list its shares on both the BSE and NSE, with a tentative listing date set for Tuesday, June 18, 2024.
The price band for the ixigo IPO is ₹88 to ₹93 per share. Retail investors can apply for a minimum lot size of 161 shares, requiring an investment of ₹14,973. For sNII, the minimum lot size investment is 14 lots (2,254 shares), amounting to ₹209,622, while for bNII, it is 67 lots (10,787 shares), totaling ₹1,003,191.
Notably, ixigo operates in the travel and tourism sector, providing travel-related services and solutions. The book running lead managers for this IPO are Axis Capital Limited, Dam Capital Advisors Ltd (Formerly Idfc Securities Ltd), and Jm Financial Limited, while Link Intime India Private Ltd serves as the registrar for the issue.
Check the GMP of ixigo IPO below:
ixigo IPO Details:
| Company Name | ixigo (Le Travenues Technology) |
| Sector | Travel and Tourism |
| IPO Type | Mainboard |
| IPO Open date | 10th June 2024 |
| IPO Close date | 12th June 2024 |
| OFS | |
| Listing Exchanges | NSE, BSE |
| Share Holding Pre-issue | |
| DRHP Draft Prospectus | Click to check |
| RHP Draft Prospects | Click to check |
ixigo IPO Lot Size:
| Application | Lot Size | Shares | Amount |
| Retail (Min) | 1 | 161 | 14,973 |
| sHNI (Min) | 14 | 2254 | 2,09,622 |
| bHNI (Min) | 67 | 10787 | 10,03,191 |
ixigo IPO Timeline:
| IPO Open Date | 10th June 2024 |
| IPO Close Date | 12th June 2024 |
| Basis of Allotment | 13th June 2024 |
| Refund Initiation Date | 14th June 2024 |
| Shares Credit to Demat | 14th June 2024 |
| Listing Date | 18th June 2024 |
FAQ
What is Grey Market Premium (GMP)?
The Grey Market Premium (GMP) represents the price at which an Initial Public Offering (IPO) is traded in the unregulated grey market before its official listing. It serves as an indicator of how the IPO might perform on the listing day. Seeing the latest GMP, investors can estimate the listing performance of the IPO.
