Le Travenues Technology (ixigo) IPO
Travel Tech/OTA - Listed on 18 June 2024
Le Travenues Technology (ixigo) IPO listing summary
Le Travenues Technology (ixigo) (Travel Tech/OTA) closed its IPO window in 2024 and listed on NSE and BSE on 18 June 2024 at an upper band issue price of Rs 93, opening at Rs 138.1 for a listing gain of +48.5% and closing day one at Rs 165.72 (+78.2% on closing basis). The IPO was subscribed 98.10x overall - QIB 106.73x, HNI/NII 110.25x, Retail 53.95x. The total issue size was Rs 740.1 Cr (Fresh Issue Rs 120 Cr, OFS Rs 620.1 Cr). IPO GMP data, subscription trends across Day 1 - Day 3 and Nifty performance around the listing window are detailed below.
Listing day performance
Subscription breakdown
Final (Day 3) subscription
Number of times each investor category subscribed by close of Day 3.
Day-wise overall subscription
How overall subscription built up across the three-day issue window.
Le Travenues Technology (ixigo) IPO GMP history
Grey market premium (GMP) tracked day-by-day across the IPO window. Absolute GMP is the premium in rupees over the upper issue price; GMP % is that premium as a percent of the issue price.
| Day | GMP (Rs) | GMP % |
|---|---|---|
| Day 1 | Rs 28 | +32.26% |
| Day 2 | Rs 28 | +34.41% |
| Day 3 | Rs 25 | +35.48% |
| Day 4 | Rs 25 | +37.63% |
| Day 5 | Rs 25 | +27.96% |
GMP Prediction vs IPOGyani AI Prediction
Comparison between market-based GMP prediction and IPOGyani's AI-powered listing gain prediction.
Issue & financials
Market context at listing
How the broader market moved around the Le Travenues Technology (ixigo) IPO window. Helpful for isolating how much of the listing gain came from company fundamentals vs. market tailwind.
Le Travenues Technology (ixigo) IPO - FAQs
What was the listing gain of Le Travenues Technology (ixigo) IPO?
Le Travenues Technology (ixigo) IPO listed at +48.5% versus the upper issue price of Rs 93 on 18 June 2024.
How many times was Le Travenues Technology (ixigo) IPO subscribed?
Le Travenues Technology (ixigo) IPO was subscribed 98.10x overall. QIB portion was subscribed 106.73x, HNI / NII 110.25x and Retail 53.95x.
What was the IPO GMP for Le Travenues Technology (ixigo)?
IPO GMP started at Rs 28 on Day 1 and moved to Rs 25 by the close of the issue window. See the day-by-day GMP table above for the full trajectory.