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  1. Ixigo IPO share allotment status finalised: Steps to check on NSE & Link Intime

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Ixigo IPO share allotment status finalised: Steps to check on NSE & Link Intime

Upstox

2 min read | Updated on June 14, 2024, 09:44 IST

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SUMMARY

Ixigo IPO share allotment: Le Travenues Technology IPO, which had set a price band of ₹88-93 per share, was a fresh issuance of 1.29 crore equity shares and an offer for sale (OFS) component worth ₹620.10 crore. The shares are expected to list on the NSE and the BSE on Tuesday, June 18.

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Incorporated in 2006, Ixigo is a travel booking firm

Ixigo IPO share allotment: Le Travenues Technology, which runs the online travel booking platform Ixigo, has finalised its share allotment. The public issue was subscribed 98.34 times and was open from June 10 to June 12.

The ₹740.1 crore IPO received a strong response from non-institutional investors (NIIs) as the portion set aside for them was subscribed 110.53 times. Qualified Institutional Buyers (QIBs) bid 106.73 times the reserved portion. The retail portion was oversubscribed 54.85 times.

Investors who were waiting for the finalisation of the basis of allotment of shares of ixigo IPO can now check the status on the official website of registrar Link Intime India Private Ltd at https://www.linkintime.co.in/ or through the NSE website—https://www.nseindia.com/products/dynaContent/equities/ipos/ipo_login.jsp.

How to check Ixigo IPO share allotment on NSE website

Ixigo IPO shares allotment status: How to check on Link Intime:

  • Visit https://www.linkintime.co.in/
  • Click on 'Public Issues' link
  • From the drop-down menu, select 'Le Travenues Technology IPO' from the issue name drop down menu
  • Enter either your PAN, DP/Client ID, IPO application number, or bank account number and IFSC
  • Click the 'Submit' button

The IPO, which had set a price band of ₹88-93 per share, was a fresh issuance of 1.29 crore equity shares and an offer for sale (OFS) component worth ₹620.10 crore. The shares are expected to list on the NSE and the BSE on Tuesday, June 18.

The net proceeds from the issue will be used to fund working capital requirements, strengthen cloud infrastructure and technology, and fund inorganic growth through acquisitions.

About Le Travenues Technology

Le Travenues Technology Limited runs the leading online travel agency (OTA), Ixigo, as well as Abhibus and Confirmtkt. It was founded in 2006. Its services include booking train, bus and flight tickets along with services to book hotels.

To know more about IPOs listing, schedule and upcoming IPOs, click here.

About The Author

Upstox
Upstox News Desk is a team of journalists who passionately cover stock markets, economy, commodities, latest business trends, and personal finance.

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