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Le Travenues Technology Ltd.

Le Travenues Technology Ltd.

NSE & BSE · Mainboard IPO
Listed NSE & BSE Mainboard Live Chart
Issue Price
₹93
₹93
GMP (Grey Market)
NIL
Unofficial data only
Est. Listing Price
₹93
Based on GMP
Min. Investment
₹14,973
1 lot × 161 shares
Subscribed
1.00x
Over-subscribed
IPO Details
Open Date
10 Jun 2024
Close Date
12 Jun 2024
Allotment
13 Jun 2024
Listing Date
18 Jun 2024
Exchange
NSE & BSE
Price Band
₹93
Listing Price
See chart
Allotment Status
Price Band
₹93
Per share
Face Value
₹1 per share
 
Lot Size
161 Shares
per lot
Issue Size
7,95,80,899 shares (aggregating up to ₹740.10 Cr)
Total offering
Issue Type
Bookbuilding IPO
 
Min Investment
₹14,973
1 lot
Pre-IPO Holding
37,45,19,945 shares
Promoters
Post-IPO Holding
38,74,23,171 shares
Promoters
P/E (Pre)
148.87x
 
P/E (Post)
41.12x
 
EPS (Pre)
₹0.62
 
EPS (Post)
₹2.26
 
UPI Deadline
2024-06-12
Mandate
Anchor AllotmentFri, 07 Jun 2024
Basis of AllotmentThu, 13 Jun 2024
Refund InitiationFri, 14 Jun 2024
Demat CreditFri, 14 Jun 2024
Listing DayTue, 18 Jun 2024
UPI Mandate Deadline2024-06-12
Sale TypeFresh Capital-cum-Offer for Sale
Fresh Issue Shares1,29,03,225 shares (aggregating up to ₹120.00 Cr)
Offer for Sale6,66,77,674 shares of ₹1 (aggregating up to ₹620.10 Cr)
QIB Quota50% of Net Issue
HNI / NII Quota15% of Net Issue
Retail Quota35% of Net Issue
Check AllotmentClick here →
Subscription Rate Final
Le Travenues Technology Ltd. IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 12 Jun 2024.
QIB
1.00x
Over
NII/HNI
1.00x
Over
Retail
1.00x
Over
Total
1.00x
Over
Category Subscription Shares Offered % of Total Amount (₹Cr)
QIB
Over 1.00x
NII / HNI
Over 1.00x
Retail
Over 1.00x
Total 1.00x
79,580,899
100% ₹740.10
IPO Shares Offered
Le Travenues Technology Ltd. IPO total issue size: ₹740.10 Cr.
CategoryShares OfferedAmount (₹Cr)Size (%)
Total 79,580,899 ₹740.10
100.00%
* Based on upper price band ₹93 per share
Lot Size & Investment
Lot Size
161
Shares per Lot
Issue Price
₹93.00
Upper Band
Min Investment
₹14,973
1 Lot
ApplicationLotsSharesAmount
Retail (Min — 2 Lots)2322₹29,946
Retail (Max — 13 Lots)132,093₹194,649
S-HNI (Min — 14 Lots)142,254₹209,622
B-HNI (Min — 68 Lots)6810,948₹1,018,164
* Issue Price ₹93 × Lot Size 161 shares
IPO Schedule
Anchor
07 Jun 2024
✓ Done
IPO Open
10 Jun 2024
✓ Done
IPO Close
12 Jun 2024
✓ Done
Allotment
13 Jun 2024
✓ Done
Refunds
14 Jun 2024
✓ Done
Demat Credit
14 Jun 2024
✓ Done
Listing Day
18 Jun 2024
✓ Done
Le Travenues Technology Ltd. — Live Price LIVE
₹93.00
INR · BSE
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Issue ₹93.00 Live Price
About Le Travenues Technology Ltd.
Le Travenues Technology Limited was founded in 2006 and is an online travel agency (OTA) that enables travelers to book train, flight, and bus tickets as well as hotels via its OTA platforms under the brand name "ixigo".The company's list of services includes PNR status and confirmation predictions, train seat availability alerts, train running status updates and delay predictions, alternative route or transportation planning, flight status updates, automated web check-in, bus running status, price and availability alerts, deal discovery, destination content, personalized recommendations, instant fare alerts for flights, AI-based travel planning service and automated customer support.The various OTA platforms offered by ixigo include:The ixigo trains and Confirmtkt app: They facilitate the travel planning and booking process by enabling users to search for available train tickets for travel across India, book and pay for the selected tickets, receive tickets through various fulfillment methods such as e-mail, SMS, and Whatsapp, access real-time information on train arrivals and departures and avail the required post-sales support.ixigo-flights mobile app: It allows users to search and book all our travel products and services, including air tickets, train tickets, buses and hotels. Users can access all past and future bookings, check and amend booking details, and request e-tickets and details via messaging platforms. The app is available for both Android and iOS operating systems.Abhibus app: It allows users to check the amenities offered, compare booking prices, check bus schedules on the desired route and use other facilities. It is available through both the website and the mobile app.The company has the highest app usage among OTAs with a cumulative 83 million monthly active users across its apps, according to data.ai in September 2023.The company recently launched ixigo PLAN, an intelligent, AI-based travel planner that helps travelers plan their trips with detailed itineraries and real-time destination information. It has also launched a generative AI plugin that enables conversational interactions with ixigo PLAN.The company has also launched a value-added service, ixigo Assured Flex, which enables the purchase of a fully flexible air or rail ticket with no additional payment for cancelation or rebooking, apart from the price difference, for all domestic flights and rail bookings at a low cost.As of December 31, 2023, the company had 486 full-time employees, and 4 consultants working under consultancy agreements.
Objects of the Issue
1
Part-funding working capital requirements of the company;
2
Investments in cloud infrastructure and technology; and
3
Funding inorganic growth through unidentified acquisitions and other strategic initiatives and general corporate purposes.
Le Travenues Technology Ltd. Financials (Amount in Crore)
Revenue from Operations
₹384.9
31 Mar 2022
₹517.6
31 Mar 2023
₹497.1
31 Dec 2023
Profit After Tax (PAT)
-₹21.1
31 Mar 2022
₹23.4
31 Mar 2023
₹65.7
31 Dec 2023
Particulars31 Dec 202331 Mar 202331 Mar 2022
Revenue from Operations 497.10 517.57 384.94
EBITDA N/A N/A N/A
Profit After Tax (PAT) 65.71 23.40 -21.09
Net Worth 437.13 373.76 342.69
Total Assets 678.71 585.93 538.47
Reserves & Surplus 399.83 334.17 303.22
Borrowings 43.36 0.54 2.73
EBITDA Margin (%) N/A
PAT Margin (%) N/A
P/BV Ratio
8.14
RoNW
15.26%
Issue Structure & Shareholding
Total Shares Offered7,95,80,899 (100.00%)
Net Offer to PublicN/A
Reserved for Market MakerN/A
Pre-Issue Promoter Holding37,45,19,945 shares
Post-Issue Promoter Holding38,74,23,171 shares
P/BV Ratio8.14
RoEN/A
RoCEN/A
Debt / EquityN/A
Script CodeN/A
Registrar & Lead Managers
Book Running Lead Managers
Axis Capital Ltd.
Dam Capital Advisors Ltd.
JM Financial Ltd.
GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.
IPO Subscription FAQs
How much Le Travenues Technology Ltd. IPO subscribed?

Le Travenues Technology Ltd. IPO is subscribed 1.00 times by Jun 12, 2024. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor CategorySubscription
Qualified Institutional (QIB)1.00x
Non Institutional (NII/HNI)1.00x
Retail Individual1.00x
Total Subscription1.00x
What is Le Travenues Technology Ltd. IPO retail subscription status?

The Le Travenues Technology Ltd. IPO retail category is subscribed 1.00 times as of 12 Jun 2024. The retail portion is oversubscribed.

How to subscribe Le Travenues Technology Ltd. IPO?

Subscribe via your broker app using ASBA or UPI. Opens 10 Jun 2024 and closes 12 Jun 2024. Min investment: ₹14,973 (1 lot = 161 shares). UPI mandate: 2024-06-12.

How many times Le Travenues Technology Ltd. IPO subscribed?

The Le Travenues Technology Ltd. IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check Le Travenues Technology Ltd. IPO allotment?

Check allotment on the registrar website (MUFG Intime India Pvt.Ltd.) at https://linkintime.co.in/Initial_Offer/public-issues.html. Enter your PAN, application number or DP/Client ID. Allotment date: 13 Jun 2024. Refunds: on 14 Jun 2024.

When Le Travenues Technology Ltd. IPO will be listed?

The Le Travenues Technology Ltd. IPO listing date is 18 Jun 2024, Tuesday. Listed on: NSE & BSE. Issue price: ₹93. Estimated listing: ₹93. GMP: NIL.

When Le Travenues Technology Ltd. IPO close?

The Le Travenues Technology Ltd. IPO closes on 12 Jun 2024, Wednesday. UPI mandate: 2024-06-12. Allotment: 13 Jun 2024. Listing: 18 Jun 2024.