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    Ixigo’s stellar stock market debut: Here’s what venture funds Elevation, Peak XV made on their investments

    Le Travenues Technology, which operates the travel platform Ixigo, made a stellar debut on Dalal Street on Monday with a premium of 48.5%. The IPO included a fresh equity issue of Rs 120 crore and an offer for sale (OFS) of up to 66.6 million shares. Existing shareholders such as Elevation Capital, Peak XV Partners, Aloke Bajpai, Rajnish Kumar, Micromax Informatics, and Placid Holdings partially offloaded their stakes through the OFS.

    Ixigo IPO opens for subscription. Should you bid?

    Ixigo IPO by Le Travenues Technology will open for subscription with a price band of Rs 88-93 per share. Investors can bid for 161 shares in one lot. The IPO closes on June 12.

    Wait for Ixigo to list before taking a call

    Le Travenues Technology, the promoter of Ixigo, is raising ₹740 crore through an IPO, with a fresh issue of ₹120 crore and an OFS of ₹620 crore.

    Ixigo IPO opens tomorrow. What GMP signals ahead of subscription?

    Before its initial public offering (IPO) set to open for subscription on Monday, Le Travenues Technology, the company behind the travel platform Ixigo, is seeing its shares trade at a premium of Rs 25 in the unlisted market.

    Ixigo raises Rs 333 crore from anchor investors ahead of IPO

    Nomura, Morgan Stanley, 3P India Equity Fund, HDFC MF, Motilal Oswal MF, Government of Singapore are some of the marquee investors who subscribed to Ixigo's anchor book. The company had already announced pre-IPO secondary placements of around Rs 176.2 crore at the top end of price band.

    Online travel aggregator Ixigo sets Rs 88-93 price band for IPO to raise Rs 740 crore

    The company filed its draft red herring prospectus (DRHP) with the markets regulator in February and received approval in May. Ixigo IPO is scheduled to launch on June 10 and close on June 12. The company aims to raise a total of Rs 740 crore through the public issue.

    The Economic Times
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