Le Travenues Technology Limited IPO (Ixigo IPO) IPO Allotment Status: Here’s How To Check Status And Latest GMP

June 12, 2024 Trading 2 min read
Le Travenues Technology Limited IPO Allotment status

Valued at Rs 740.10 crores, the Ixigo IPO is a book-built issue which comprises a fresh issue of 1.29 crore shares amounting to Rs 120.00 crores and an offer for sale of 6.67 crore shares amounting to Rs 620.10 crores.

Ixigo IPO opened on June 10, 2024, and closed on June 12, 2024. The allotment for the ixigo IPO is expected to be finalised on Thursday, June 13, 2024, and it will be listed on BSE and NSE with a tentative listing date fixed as Tuesday, June 18, 2024.

The minimum lot size is 161 shares with the price band set at ₹88 to ₹93 per share. Retail investors are required to make a minimum investment of ₹14,973. For sNII, the minimum lot size is 14 lots (2,254 shares), amounting to ₹209,622. As for bNII, the minimum lot size is 67 lots (10,787 shares), amounting to an investment of ₹1,003,191.

Axis Capital LimitedDam Capital Advisors Limited (Formerly Idfc Securities Limited), and Jm Financial Limited are the Book Running Lead Managers (BRLM) of the ixigo IPO, while

Link Intime India Private Limited is the registrar for the issue.

Here’s how you can check the allotment status of Le Travenues Technology Limited IPO (Ixigo IPO): 

Step 1: Go to the BSE website. 

Step 2: Choose ‘Equity’ and then the issue name from the selection menu.

Step 3: Enter your application number as well as your PAN card number and press ‘Search’.

You can also follow a similar procedure to check the allotment status on the Registrar’s website: 

Step 1: Go to the Link Intime India Private Limited website. 

Step 2: Select the IPO name by clicking on ‘Company Selection’.

Step 3: Input your PAN, application number, DP/Client ID, or account number/IFSC number and click on ‘Search’. 

If the details are input correctly, the status will appear only after allotment. The equity shares are expected to be credited to successful investors’ demat accounts on June 14, 2024.

Le Travenues Technology Limited (Ixigo) was established in 2006 and provides its services as an online travel agency (OTA). Travellers can purchase tickets for buses, trains, hotels, and flights through the online “Ixigo” platform. In recent years, it has expanded its services to a wide variety of digital properties.

Ixigo aims to streamline the online booking process for Indian travellers and is backed by partners like India IV, Peak XV, and Micromax. In addition to providing information on train PNR updates, it also provides running status updates, delay estimations, and deal discovery. The company runs AI-based forecasts that are founded on actual data stacks. They deal in 3 main digital properties which are the Ixigo Trains and ConfirmTKT app, the Ixigo Flights mobile app, and the Abhibus app. To their customers, they represent a solution for travel planning that extends across different time zones, geographies, and types of transport. The company also launched Ixigo Assured Flex which provides low-cost and flexible train or flight booking with no cancellation fees. As of December 31, 2023, the company has 486 full-time employees, and 4 consultants working under different agreements.

Le Travenues Technology Limited (Ixigo) Grey Market Premium

Date GMP
June 10 ₹25
June 9 ₹25


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