Allotment Listing And Share Sale Details

Ixigo IPO: A Comprehensive Outlook

Allotment, Listing, and Share Sale Details

The allotment of the ixigo IPO is expected to be finalized on Thursday, June 13, 2024. The IPO will list on both the BSE and NSE, with a tentative listing date still to be determined. The IPO includes a fresh equity sale of ₹120 crore and an offer for sale (OFS) of up to ₹666 crore shares.

Key Dates and Information

* IPO launch date: June 10, 2024 * IPO subscription period: June 10-12, 2024 * Allotment date: June 13, 2024 * Tentative listing date: To be announced

About Le Travenues Technology and Ixigo

Le Travenues Technology, the parent company of Ixigo, operates a well-known travel tech platform. The company provides a range of services, including flight and train ticket booking, hotel reservations, and travel-related information. Ixigo has a strong brand reputation and a large customer base in India.

Market Outlook and Growth Potential

The travel tech industry in India is experiencing significant growth, driven by increasing internet penetration and rising disposable incomes. Ixigo is well-positioned to capitalize on this growth with its comprehensive platform and strong market presence. The IPO proceeds will be used to expand Ixigo's operations, invest in technology, and enhance its product offerings.

Investing in the Ixigo IPO

Investors interested in participating in the Ixigo IPO should carefully consider the company's financial performance, market potential, and risk factors. It is recommended to consult with a financial advisor or conduct thorough research before making an investment decision.

Disclaimer: The information provided in this article is for general information purposes only and does not constitute financial advice. Please consult with a qualified financial professional before making any investment decisions.