Good News for Investors: GMP IPO Opens on 10th June!
🚀 Exciting news for all investors as Le Travenues Technology, the parent company of online travel platform ixigo, has opened its IPO on 10th June. Investors have the opportunity to invest in the IPO until 12th June, with the company set to raise ₹740 crore through the IPO.
Key Details:
- Price Band: ₹88-93 per share
- New Shares Issued: ₹120 crore
- Offer for Sale: 6.67 crore shares
- Minimum Lot Size for Retail Investors: 161 shares
- Maximum Lot Size for Retail Investors: 2093 shares
ℹ️ Investors will need to invest ₹14,973 for 161 shares at the upper price band of ₹93 per share. For those looking to invest in the maximum lot size, the investment amount will be ₹194,649.
Shareholders:
- Saif Partners India IV
- Peak 15 Partners Investment V
- Alok Bajpai
- Rajneesh Kumar
- Micromax Informatics
- Placid Holdings
- Catalyst Trusteeship
- Medicine India Capital HC
📈 ixigo is a technology-based travel company focusing on booking and planning travel from rail, air, bus, and hotels. The company posted a net profit of ₹23.4 crore in FY23, compared to a loss of ₹21.09 crore the previous year. Its operating profit increased by 32% to ₹501.3 crore in the financial year 23.
Don’t miss this opportunity to invest in the GMP IPO and be a part of ixigo’s growth journey!
Disclaimer: This is News Coverage with Opinions of Experts and Should Not Be Taken as Direct Market Buying Tip. Market is always subject to risk. We recommend taking our content as research before investing.
