The ongoing initial public offering (IPO) of Gurugram-based Le Travenues Technology Ltd, which operates the travel booking platform ixigo, has attracted a strong response from investors on the second day of bidding. With a price band of Rs 88 to Rs 93 per share, the IPO has received bids for 8.87 times the shares on offer, with shares reserved for non-institutional investors being subscribed 18.87 times and the retail investors’ quota being subscribed 18.14 times. Prior to the IPO, ixigo has already mobilized Rs 333 crore from anchor investors.
Get ready to invest in India's leading travel booking platform, ixigo, as the company gears up to launch its mainboard initial public offering worth Rs 740 crores on June 10. With a price band of Rs 88 to Rs 93 per share, the IPO is expected to close on June 12 and to be listed on both BSE and NSE on June 18. The company has already mobilized Rs 333 crore from anchor investors ahead of its IPO. Don't miss out on this opportunity to be a part of the ever-growing travel industry in India.