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IXIGO

Le Travenues Technology is a technology-driven company dedicated to helping Indian travelers plan, book, and manage their trips across various modes of transportation, including rail, air, and buses, as well as accommodations such as hotels. By utilizing advancements in artificial intelligence, machine learning, and data science, the company enables travelers to make more informed decisions through its online travel agency (OTA) platforms, which encompass both websites and mobile applications. These platforms facilitate the booking of train tickets, flight tickets, bus tickets, and hotel reservations. Le Travenues boasts the highest app usage among OTAs, with a cumulative 83 million Monthly Active Users across its apps.

In the financial year ending on March 31, 2023, Le Travenues saw its EBITDA grow by 101.30% compared to the previous year. Concurrently, the company’s book net worth increased by 5.43%. As of March 31, 2023, Le Travenues Technology recorded 429.38 million Annual Active Users, and its OTA platforms processed 49.07 million transactions during Fiscal 2023.

Ixigo IPO Details

Signature Global IPO Details
Le Travenues Technology IPO Dates
10 – 12 June 2024
Le Travenues Technology Issue Price
INR 88 – 93 per share
Fresh issue
INR 120 crore
Offer For Sale
6,66,77,674 shares (INR 586.76 – 620.10 crore)
Total IPO Size
INR 706.76 – 740.10 crore
Minimum bid (size)
161 shares (INR 14,973)
Face Value
INR 1 per share
Retail Allocation
10%
Listing On
NSE, BSE

Ixigo Financial Performance

Signature Global Financial Performance

FY21

FY22

FY23

9M FY 2024

Revenue

135.57

379.58

501.25

491.02

Expenses

135.70

402.54

484.29

475.48

Net income

7.58

(21.24)

23.19

65.59

Margin (%)

5.59

(5.60)

4.63

13.36

Figures in INR Crore unless specified otherwise

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