Ixigo IPO GMP, Ixigo Grey Market Premium
Know all information about Ixigo IPO: Ixigo IPO GMP (Ixigo Grey Market Premium), Ixigo IPO Date, Ixigo (Le Travenues Technology Limited) IPO Review, Ixigo IPO Benefits & Risks. We will update Ixigo GMP daily. Also, all information related to Ixigo IPO like price band, all dates, issue size and retail parts etc. All the important information about Ixigo IPO is given below.
Ixigo IPO
Le Travenues Technology Limited aka Ixigo is an online travel aggregators company that helps Indian travelers to plan, book, and manage their travels via train, air, buses, and hotels. The IPO of Ixigo Limited is expected in early 2022. Ixigo Ltd Has filed its DRHP (Draft Red Herring Prospectus) with market regulator SEBI (Securities and Exchange Board of India) to raise around Rs 1600 crore through IPO (Initial public offering).
Ixigo IPO will open on January 2022 and close on January 2022. The price band of the IXIGO IPO is ₹- to ₹-. The company is looking to raise around ₹1600 crores through an initial public offering (IPO). Ixigo IPO QIB quota is 75%, NII quota is 15% and RII quota is 10%. Ixigo IPO listing date is - January 2022. Ixigo Limited IPO GMP (Grey Market Premium) running well in the grey market.
Ixigo was in a loss in the financial year 2019 and 2020 but in the financial year 2021, the company has made a profit of ₹ 7.53 crores. Ixigo IPO Size is ₹1600 crores. In this IPO, approx ₹850 worth of shares will be sold under OFS (Offer for sale) and the rest (Approx ₹750 Crores) will be sold under fresh issue. The IPO of Ixigo will be listed on NSE and BSE. Ixigo IPO face value is ₹- per equity share.
We will talk about Ixigo's financial, benefits, and risks of investing in the company.
Read About
What is Ixigo IPO GMP Today?
Ixigo IPO GMP is ₹.
What is the Ixigo IPO Date?
Ixigo IPO Opening date is January 2022.
What is Ixigo IPO Expected Return?
Ixigo IPO Expected Returns is approx -%.
About Ixigo Limited
The company was started in the year 2007. Since then Exigo has emerged as one of the leading online travel aggregators in India after MakeMyTrip. Ixigo (Le Travenues Technology Limited) is an online travel aggregators company that serves Indian travelers to book and manage their travels via buses, trains, air, and hotels.
Ixigo uses its website and mobile app to help travelers make better travel decisions, book tickets, hotel bookings, and more. Ixigo had a loss of ₹ 57.35 crores in FY 2019 and a loss of ₹ 26.61 crores in FY 2020, but in FY21 the company has made a profit of ₹ 7.53 crore.
Ixigo primarily provides a great platform for travelers to plan, book and manage their trips by rail, air, buses, and hotels through its website and app. Ixigo helps travelers make smarter travel decisions through innovations led by artificial intelligence, data science, and machine learning on its platform.
The company's vision is to provide its users with the best customer experience at affordable prices. The features, customer satisfaction, and constant innovation offered by the company have made us India's leading travel ecosystem for the 'Next Billion Users.
The company's OTA platforms (app and website) allow passengers to book train tickets, flight tickets, bus tickets, hotels, and cabs. The company also provides availability alerts, train running status updates and delay predictions, flight status updates, bus running status, pricing, destination content, personalized recommendations, tatkal fare alerts, and automated customer support services that help the user Provide a unique experience.
Important Links:
- Ixigo Website
- Ixigo DRHP
- Ixigo RHP
Purpose of the offer
- To prepay/repay all or a part of the dues raised by the company.
- To meet general corporate objectives.
Ixigo GMP Today (Grey Market Premium)
[Note: Ixigo IPO GMP has not started yet]
| DATE | GMP | KOSTAK | Subject to Sauda |
|---|---|---|---|
| January | ₹ | ₹ | ₹ |
| January | ₹ | ₹ | ₹ |
| January | ₹ | ₹ | ₹ |
| January | ₹ | ₹ | ₹ |
| January | ₹ | ₹ | ₹ |
| January | ₹ | ₹ | ₹ |
| January | ₹ | ₹ | ₹ |
| January | ₹ | ₹ | ₹ |
| January | ₹ | ₹ | ₹ |
| January | ₹ | ₹ | ₹ |
| January | ₹ | ₹ | ₹ |
Ixigo IPO Date and Price Band Details
Ixigo IPO open date: January 2022, Closing date: January 2022, and Listing date: January 2022. The price band of Ixigo IPO is ₹- to ₹-per share. Ixigo IPO issue size is Rs 1600 crores. Ixigo Ipo retails portion is 10%, QIB Portion is 75%, and NII Portion is 15%.
| IPO Open: | January 2022 |
| IPO Close: | January 2022 |
| Listing Date: | January 2022 |
| Listing On: | NSE & BSE |
| IPO Size: | Approx ₹1600 Crores |
| Fresh Issue: | Approx ₹750 Crores |
| Offer For Sale: | Approx ₹850 Crores |
| Price Band: | ₹- to ₹- per share |
| Face Value: | ₹1 per Equity share |
| QIB Portion: | 50% |
| Retail Portion: | 35% |
| NII Portion: | 15% |
| Employee Res: | Not Disclosed |
Ixigo IPO Market Lot & Size
Ixigo IPO's minimum lot size is - shares with ₹- application amount and the maximum lot size are - shares with ₹- application amount.
| Minimum Lot: | 01 |
| Minimum Lot Size: | - Shares |
| Minimum Amount: | ₹- |
| Maximum Lot: | 13 |
| Maximum Lot Size: | - Shares |
| Maximum Amount: | ₹- |
Ixigo IPO Allotment & Listing Date
| Ipo Opening Date: | January 2022 |
| IPO Closing Date: | January 2022 |
| Basis of Allotment: | January 2022 |
| Refund Date: | January 2022 |
| Credit to Demat Account: | January 2022 |
| Listing Date: | January 2022 |
Ixigo IPO Review
HappiestPost View: To be updated.
Brokerage Firm IPO Reviews
- Motilal Oswal: To be updated
- ICICI Securities: To be updated
- Capital Market: To be updated
- Ventura Securities Limited: To be updated
- GEPL Capital Ltd: To be updated soon
Ixigo Ipo Review
[Not rated yet (To be updated)]
Review For Listing Gain
Review For Short term
Review For Long term
Strength
- The company has built India's leading travel ecosystem for the 'Next Billion Users. Through Artificial Intelligence, Machine Learning, and Technology in its app and website, the company has emerged as one of the best retail travel brands.
- The company has acquired the train booking platform Confirmtkt, in which they have a 100% stake.
- The company has been making losses in the financial years 2019 and 2020. The company made a profit of ₹105 crores in the financial year 2021.
- The company has an experienced and highly qualified management team.
- ixigo has emerged as the second-largest booking aggregator in terms of gross bookings followed by MakeMyTrip at number one and EasyMyTrip and Yatra at the third and fourth position.
Risks
- The company is facing tough competition in the field of online travel planning and ticket booking. There are many big players in this sector like Makemytrip, EaseMyTrip, Yatra, etc.
- The impact of the COVID-19 pandemic on the company's business and operations is still unknown. The impact of COVID-19 has been particularly negative on the travel and hospitality industry.
- A reduction or interruption in the travel area for any reason can have a negative impact on company operations.
- The company had a loss in the financial year 2019 and 2020, the same company had profit in the financial year 2021, so the big question is whether the company will be able to remain profitable in the coming years or not.
- their company and subsidiaries are subject to legal proceedings.
Ixigo Financials
Ixigo Financials(in Crores)
| Year | Total Assets | Revenue | Profit |
|---|---|---|---|
| 2019 | ₹60 | ₹42 | -₹57.35 |
| 2020 | ₹70 | ₹112 | -₹42.65 |
| 2021 | ₹181 | ₹138 | ₹2.71 |
Shareholders
The Shareholder of the company are:
- SAIF Partners
- SCI Investments
Contact Details of Ixigo
Le Travenues Technology Limited
2nd floor, Veritas Building,
Sector 53, Golf Course Road,
Gurugram 122 002, Haryana
Tel: (+91 124) 668 2111
Contact Person: Suresh Kumar Bhutani
Group General Counsel, Company Secretary, and Compliance Officer
E-mail: investors@ixigo.com
Website: www.ixigo.com
Ixigo Lead Managers
- Axis Capital Limited
- ICICI Securities Limited
- Kotak Mahindra Capital Company Limited
- Nomura Financial Advisory and Securities (India) Private Limited
Ixigo IPO Registrars
Link Intime India Private Limited
C-101, 1st Floor, 247 Park
L.B.S. Marg, Vikhroli (West)
Mumbai 400 083, Maharashtra, India
Tel: (+ 91 22) 4918 6200
E-mail: ixigo.ipo@linkintime.co.in
Website: www.linkintime.co.in
Investor grievance E-mail:
ixigo.ipo@linkintime.co.in
Conclusion
ixigo has emerged as the second-largest travel aggregator in India. Looking at the financial position of the company, in the financial year 2021, the company made a profit of ₹ 7.71 crores, while in the financial year 2019 and the year 2020, the company was a loss. Ixigo Ltd has some good and some bad things that you can see in the "Strengths" and "Risks" sections above. Our suggestion will be updated when the Ixigo IPO price band and other IPO details are announced. The company's financial details and other information are given above.
Ixigo IPO FAQs
What is Ixigo IPO GMP Today?
Ixigo IPO GMP is ₹- as of today.
What is Ixigo IPO Opening Date?
Ixigo IPO Opening date is January 2022.
What is the Ixigo IPO Closing Date?
Ixigo IPO Closing date is January 2022.
What is the Ixigo IPO Allotment date?
Ixigo IPO Allotment Date is January 2022.
What is Ixigo IPO Listing Date?
Ixigo IPO Date is January 2022.
What is Ixigo IPO Kostak Rate?
Ixigo IPO Kostak rate is ₹-.
What is Ixigo IPO Expected Returns?
Ixigo IPO Expected Returns is -%.
Read More:
👉🏻 Waare Energies IPO GMP and Details.
For other important information related to the stock market and Grey Market Premium, Costak rate, you can click on the links given below.
How to Apply the Ixigo Ltd IPO with Zerodha?
1. Open your Zerodha kite app and visit the Account tab, then see for console and click on IPO.
2. If you are a Desktop user then Log in to Console on Zerodha Website. Go to Portfolio and Click on IPO.
3. You will see the IPO name "Ixigo Ltd".
4. Then, Click on Bid Button.
5. Then, Enter your UPI ID.
6. Then, Fill in Quantity and Price. (we recommend, you should choose the cutoff price.)
7. Then Submit the IPO Application Form.
8. Now go to your UPI App (PhonePe, Google Pay, etc) or BHIM App to Approve the mandate.
7. Then Submit the IPO Application Form.
8. Now go to your UPI App (PhonePe, Google Pay, etc) or BHIM App to Approve the mandate.
Disclaimer
- We are not involved in gray market trading in any way. And do not provide the facility to buy or sell any IPO from IPO.
- Reference to IPO Grey Market Premium (IPO GMP) is valid only for the date specified in the header.
- We are not involved in the buying or selling of IPO form.
- Do not decide to subscribe to an IPO solely based on GMP (Grey Market Premium), as this can change at any time. Research the fundamentals and financial statements of companies before subscribing.
We hope you like this article about Ixigo IPO. If you have a query about Ixigo IPO Please post a comment.
Thanks For Visiting & Happy Investing.
0 Comments
We are waiting for your comments. 💙