Le Travenues Technology Limited
ListedMainboardConsumer Discretionary / Travel & Tourism · NSE / BSE
Le Travenues Technology Limited, known as ixigo, is an online travel agency that helps users book train, flight, bus tickets, and hotels. Founded in 2006, ixigo makes travel easier with features like PNR status checks, seat availability alerts, and AI-based travel planning. The company operates popular apps like ixigo trains and Confirmtkt for train bookings, ixigo-flights for flights, buses, and hotels, and Abhibus for bus travel comparisons and bookings. With 83 million monthly active users as of September 2023, ixigo is the most-used travel app in India. It also offers smart services like ixigo PLAN, an AI travel planner, and ixigo Assured Flex, which allows easy cancellations or rebookings. By the end of 2023, ixigo had a team of 486 full-time employees and 4 consultants working to provide seamless travel experiences.
Price Band
₹88 – ₹93
Issue Size
₹740 Cr
Lot Size
161 shares
GMP
₹30.5
+32.8%
Est. Listing
₹123.5
at current GMP
Subscribed
98.10x
overall
Open
10 Jun 2024
Close
12 Jun 2024
Allotment
13 Jun 2024
Refund
14 Jun 2024
Demat Credit
15 Jun 2024
Listing
18 Jun 2024
Last updated 12 days ago
Overall Subscription
98.10x
Total Demand
QIB Multiplier
106.73x
Institutions & Funds
NII / HNI
110.25x
High Net-Worth
Retail (RII)
107.90x
Individual Bidders
Category-Wise Subscription Breakup
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| QIB | 23,874,271 | 2,548,199,486 | 106.73x |
| NIB | 11,937,134 | 1,316,083,391 | 110.25x |
| HNIs(10L +) | 7,958,089 | 934,306,023 | 117.40x |
| HNIs (2-10L) | 3,979,045 | 381,777,368 | 95.95x |
| RETAIL | 3,979,045 | 429,351,258 | 107.90x |
| Total | 51,727,584 | 5,609,717,526 | 98.10x |
Application-Wise Breakup
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| HNIs(10L +) | 3,531 | 79,009 | 22.38x |
| HNIs (2-10L) | 1,765 | 161,771 | 91.65x |
| RETAIL | 49,429 | 2,434,780 | 49.26x |
| Total Applications | 54,725 | 2,675,560 | 48.89x |
Day-Wise Subscription Progress
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
About Le Travenues Technology Limited Public Issue & Market Profile
Le Travenues Technology Limited is bringing an initial public offering (IPO) in the Consumer Discretionary / Travel & Tourism sector with an aggregate issue size of ₹740.1 Crores. The shares are offered at a price band of ₹88 to ₹93 per equity share on NSE and BSE. Currently, grey market participants and retail investors are watching the bidding trend, premium movement, and anchor book demand with keen interest.
Bidding & Quota Instructions:
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 161 shares (approx. ₹14,973 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.
Allotment Reconciliation Schedule:
Allotment reconciliation will be managed by Link Intime India Private Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2024-06-15, while un-allotted funds or UPI block mandates will be released on 2024-06-14.
Frequently Asked Questions
What is Le Travenues Technology Limited IPO GMP today?
The latest Grey Market Premium (GMP) for Le Travenues Technology Limited IPO is ₹30.5 per equity share. Based on the upper price band of ₹88 to ₹93 per equity share, the estimated listing price is ₹123.5 (+32.8% expected listing gain).
What is the expected profit per lot for Le Travenues Technology Limited IPO?
With a lot size of 161 shares and current GMP of ₹30.5, the expected profit per application lot is approx ₹4,910.5 (+32.8% gain). Minimum application cost is approx ₹14,973.
What is the issue size and price band for Le Travenues Technology Limited IPO?
The Le Travenues Technology Limited IPO aggregate issue size is ₹740.1 Crores with an equity price band set at ₹88 to ₹93 per equity share. The retail lot size is 161 shares requiring a minimum capital outlay of approx. ₹14,973.
How can I check Le Travenues Technology Limited IPO live subscription demand?
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 98.10x (Retail: 107.90x, QIB: 106.73x, NII: 110.25x). You can track live multiples directly on our dedicated subscription page.
Where and when will Le Travenues Technology Limited IPO allotment status be published?
The basis of allotment will be published on the official registrar portal (Link Intime India Private Limited) and the BSE status verification website on or around 2024-06-13. Investors can verify status using PAN card or application number.
When is the listing date for Le Travenues Technology Limited IPO?
Le Travenues Technology Limited shares are scheduled to list on NSE and BSE on 2024-06-18.