Ixigo IPO GMP Price Today : Ixigo IPO GMP Price (IPO) is Open on 10 June 2024 and Close on 12 June 2024. Ixigo IPO to Raise 79,580,900 shares (Approx ₹740.10 Cr) via IPO. The Fresh issue of 12,903,226 shares (Approx ₹120.00 Cr) and The Offer For Sale is 66,677,674 shares of ₹1 (Approx ₹620.10 Cr).
We are a technology company focused on empowering Indian travelers to plan, book and manage their trips across rail, air, buses and hotels. We assist travelers in making smarter travel decisions by leveraging artificial intelligence, machine learning and data science led innovations on our OTA platforms, comprising our websites and mobile applications.
Our vision is to become the most customer-centric travel company, by offering the best customer experience to our users. Our focus on travel utility and customer experience for travelers in the ‘next billion user’ segment is driven by technology, cost-efficiency and our culture of innovation has made us India’s leading travel ecosystem for the ‘next billion users.
Our OTA platforms allow travelers to book train tickets, flight tickets, bus tickets, hotels and cabs, while providing travel utility tools and services developed using in-house proprietary algorithms and crowd-sourced information, including train PNR status and confirmation predictions, train seat availability alerts, train running status updates and delay predictions, flight status updates, bus running status, pricing and availability alerts, deal discovery, destination content, personalized recommendations, instant fare alerts for flights and automated customer support services.
Ixigo IPO Date & Price Band Details
| IPO Open Date | 10 June 2024 |
|---|---|
| IPO Close Date | 12 June 2024 |
| IPO Size | 79,580,900 shares (Approx ₹740.10 Cr) |
| Fresh Issue | 12,903,226 shares (Approx ₹120.00 Cr) |
| Offer For Sale | 66,677,674 shares of ₹1 (Approx ₹620.10 Cr) |
| Lot Size | 161 Shares |
| IPO Face Value | ₹10 Per Equity Share" |
| IPO Price Band | ₹88 - ₹93 Per Every Share |
| IPO Listing On | BSE & NSE |
| IPO Retail Quota | 10% |
| IPO QIB Quota | 75% |
| IPO NII Quota | 15% |
| DRHP Draft | Click Here |
| Anchor Investor | Click Here |
Ixigo IPO Market Lot Details
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 | 161 | ₹14,973 |
| Retail Maximum | 13 | 2093 | ₹194,649 |
| S-HNI Minimum | 14 | 2,254 | ₹209,622 |
| S-HNI Maximum | 66 | 10,626 | ₹988,218 |
| B-HNI Minimum | 67 | 10,787 | ₹1,003,191 |
Object of the Issue
- Organic and inorganic growth initiatives.
- General corporate purposes.
Ixigo IPO Allotment & Listing Date (Details)
| IPO Open Date | 10 June 2024 |
|---|---|
| IPO Close Date | 12 June 2024 |
| Basis of Allotment | 13 June 2024 |
| Refunds | 14 June 2024 |
| Credit to Demat Account | 14 June 2024 |
| IPO Listing Date | 18 June 2024 |
Ixigo Financial Reports
| ₹ in Crores | |||
|---|---|---|---|
| Year | Revenue | Expense | PAT |
| Dec 2023 | ₹497.10 | ₹475.48 | ₹65.71 |
| 2023 | ₹517.57 | ₹484.29 | ₹23.40 |
| 2022 | ₹384.09 | ₹402.54 | ₹21.09 |
| 2021 | ₹138.40 | ₹135.70 | ₹7.53 |
Qualitative Factors
- Market leader with deep penetration in the underserved ‘next billion user’ segment.
- AI and technology driven operations.
- Strong consumer travel brand built with user-first approach.
- Strong unit economics with high operating leverage and organic flywheel.
- Experienced management team with lean organization structure.
Ixigo Comparison Listed Industry Peers Group
| Company Name | Face Value | EPS | P/E Ratio | Ro NW (%) | NAV Per | Revenue (₹ in Million) |
|---|---|---|---|---|---|---|
| Le Travenues Technology Limited | 1.00 | 0.58 | [.] | 5.74% | 9.79 | 5,175.73 |
| Peer Group | ||||||
| Easy Trip Planners Limited | 1.00 | 0.77 | 61.83 | 36.21% | 2.13 | 4,641.98 |
| Yatra Online Limited | 1.00 | 0.69 | 244.13 | 4.50% | 14.80 | 3,974.65 |
Comparison of accounting ratios with listed industry peers
- Le Travenues Technology Limited
- Easy Trip Planners Limited
- Yatra Online Limited
Ixigo Company Contact Details
Second floor, Veritas Building
Sector 53, Golf Course Road
Gurugram 122 002
Haryana, India
E-mail: investors@ixigo.com
Tel: (+91 124) 668 2111
Website: www.ixigo.com
Ixigo Lead Manager
Axis Capital Limited
1st Floor, Axis House
C-2, Wadia International Centre
P.B. Marg, Worli
Mumbai 400 025, Maharashtra, India
Tel: (+ 91 22) 4325 2183
E-mail: ixigo.ipo@axiscap.in
Website: www.axiscapital.co.in
Investor grievance E-mail: complaints@axiscap.in
Contact person: Pratik Pednekar
DAM Capital Advisors Limited
One BKC, Tower C, 15th Floor, Unit No. 1511,
Bandra Kurla Complex Bandra (East)
Mumbai 400 051, Maharashtra, India
Tel: (+ 91 22) 4202 2500
E-mail: ixigo.ipo@damcapital.in
Website: www.damcapital.in
Investor grievance E-mail: complaint@damcapital.in
Contact person: Arpi Chheda
JM Financial Limited
7th Floor, Cnergy
Appasaheb Marathe Marg,Prabhadevi
Mumbai 400 025, Maharashtra, India
Tel: (+91 22) 6630 3030
E-mail: ixigo.ipo@jmfl.com
Website: www.jmfl.com
Investor Grievance E-mail: grievance.ibd@jmfl.com
Contact Person: Prachee Dhuri
Ixigo IPO Registrar
Link Intime India Private Limited
C-101, 1st Floor, 247 Park
LalBahadurSharstri Marg, Vikhroli (West)
Mumbai 400 083, Maharashtra, India
Tel: (+91) 81081 14949
E-mail: ixigo.ipo@linkintime.co.in
Website: www.linkintime.co.in
Investor grievance E-mail: ixigo.ipo@linkintime.co.in
Contact person: Shanti Gopalkrishnan
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