Ixigo Limited IPO GMP Today, Price Range and Company Details

Ixigo Limited IPO offers shares at ₹88 to ₹93, with a ₹28 Grey Market Premium. Available in 161 share lots, the subscription runs from June 10 to June 12, 2024.

As of June 7, 2024, Le Travenues Technology (Ixigo) has ₹28 as Grey Market Premium, with a price range of ₹88 to ₹93 per share. Offering lots of 161 shares, the subscription window is open from June 10 to June 12, 2024.

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Le Travenues Technology Limited IPO GMP Today

The Grey Market Premium (GMP) for Le Travenues (Ixigo) Limited is ₹28 as of June 7, 2024. This assessment coincides with a price of ₹88 to ₹93  per share for the IPO.

Le Travenues Technology Limited IPO Review

Le Travenues (Ixigo’s)  financial analysis shows a complex picture, marked by growing equity and assets alongside declining profitability and liquidity issues. Revenue rose from ₹3,795.8 million in March 2022 to ₹5,012.5 million by March 2023, with the subsequent nine months earning ₹4,910.21 million.

Significant improvements include a jump in profit after tax from ₹(201.94) million to ₹657.12 million by December 2023 and an EPS increase from ₹(0.66) to ₹1.75. Total assets have grown, reflecting potential expansion, but investors are advised to perform careful due diligence before investing in the IPO.

Le Travenues Technology Limited IPO Date

Le Travenues Limited will start accepting subscriptions from June 10, 2024 to June 12, 2024

Le Travenues Technology Limited IPO Price

Le Travenues Limited’s price range is ₹88 to ₹93 per share with a face value of ₹1 each.

Le Travenues Technology Limited

Le Travenues Technology Limited uses AI, ML, and data science to enhance Indian travel planning and booking through their OTA platforms. Focused on being a customer-centric leader for the next billion users, they offer a seamless experience and insightful travel decisions. Initially a metasearch engine, they’ve grown by leveraging organic traffic and strategic marketing to boost bookings since 2021.

How To Apply For Le Travenues Technology Ltd IPO?

To apply for the Le Travenues Technology through Alice Blue, follow these steps:

1. Open a Demat and Trading Account with Alice Blue if you don’t have one.

2. Access IPO details for Le Travenues Technology on the Alice Blue platform.

3. Place your bid for the desired number of shares within the IPO’s price range.

4. Confirm your information and submit your application quickly.

You can apply for the Le Travenues Technology IPO at Alice Blue in just a few clicks!

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