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Le Travenues Technology Limited IPO Full Details

Le Travenues Technology Limited IPO Full Details

ixigo Initial public offering is a book constructed issue of Rs 740.10 crores. The issue is a mix of new issue of 1.29 crore shares collecting to Rs 120.00 crores and make available for purchase of 6.67 crore shares conglomerating to Rs 620.10 crores.

ixigo Initial public offering opens for membership on June 10, 2024 and closes on June 12, 2024. The designation for the ixigo Initial public offering is supposed to be finished on Thursday, June 13, 2024. ixigo Initial public offering will list on BSE, NSE with provisional posting date fixed as Tuesday, June 18, 2024.

ixigo Initial public offering cost band is set at ₹88 to ₹93 per share. The base part size for an application is 161 Offers. The base measure of venture expected by retail financial backers is ₹14,973. The base parcel size venture for sNII is 14 parts (2,254 offers), adding up to ₹209,622, and for bNII, it is 67 parcels (10,787 offers), adding up to ₹1,003,191.

Le Travenues Technology Limited IPO
Le Travenues Technology Limited IPO

About Le Travenues Innovation Restricted
Le Travenues Innovation Restricted was established in 2006 and is a web-based travel service (OTA) that empowers voyagers to book train, flight, and transport tickets along with lodgings through its OTA stages under the brand name “ixigo”.

The organization’s rundown of administrations incorporates PNR status and affirmation expectations, train seat accessibility alarms, train running notices and postpone expectations, elective course or transportation arranging, flight announcements, robotized web registration, transport running status, cost and accessibility cautions, bargain revelation, objective substance, customized suggestions, moment toll alarms for flights, simulated intelligence based travel arranging administration and computerized client service.

The different OTA stages presented by ixigo include:

The ixigo trains and Confirmtkt application: They work with the movement arranging and booking process by empowering clients to look for accessible train tickets for traverse India, book and pay for the chose tickets, get tickets through different satisfaction strategies, for example, email, SMS, and Whatsapp, access constant data on train appearances and takeoffs and profit the expected post-deals support.
ixigo-flights portable application: It permits clients to look and book all our movement items and administrations, including air tickets, train tickets, transports and lodgings. Clients can get to all past and future appointments, check and revise booking subtleties, and solicitation e-tickets and subtleties by means of informing stages. The application is accessible for both Android and iOS working frameworks.
Abhibus application: It permits clients to check the conveniences offered, look at booking costs, check transport plans on the ideal course and utilize different offices. It is accessible through both the site and the portable application.
The organization has the most noteworthy application utilization among OTAs with a combined 83 million month to month dynamic clients across its applications, as per in September 2023.

The organization as of late sent off ixigo PLAN, a keen, man-made intelligence based travel organizer that assists voyagers with arranging their excursions with itemized schedules and ongoing objective data. It has likewise sent off a generative computer based intelligence module that empowers conversational communications with ixigo PLAN.

The organization has likewise sent off a worth added administration, ixigo Guaranteed Flex, which empowers the acquisition of a completely adaptable air or rail ticket with no extra installment for cancelation or rebooking, aside from the cost contrast, for every single homegrown flight and rail appointments for a minimal price.

As of December 31, 2023, the organization had 486 full-time representatives, and 4 specialists working under consultancy arrangements.

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