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Le Travenues Technology limited
Issue Size (Net)
up to Rs.740.10 Cr
Price Band
Rs.88 to Rs.93 per share
Issue Opens
June 10, 2024
Issue Closes
June 12, 2024

Company Highlights

1.Company Information

Le Travenues Technology Limited was founded in 2006 and is an online travel agency (OTA) that enables travelers to book train, flight, and bus tickets as well as hotels via its OTA platforms under the brand name "ixigo".
The company's list of services includes PNR status and confirmation predictions, train seat availability alerts, train running status updates and delay predictions, alternative route or transportation planning, flight status updates, automated web check-in, bus running status, price and availability alerts, deal discovery, destination content, personalized recommendations, instant fare alerts for flights, AI-based travel planning service and automated customer support.
The various OTA platforms offered by ixigo include:
1. The ixigo trains and Confirmtkt app: They facilitate the travel planning and booking process by enabling users to search for available train tickets for travel across India, book and pay for the selected tickets, receive tickets through various fulfillment methods such as e-mail, SMS, and Whatsapp, access real-time information on train arrivals and departures and avail the required post-sales support.
2. ixigo-flights mobile app: It allows users to search and book all our travel products and services, including air tickets, train tickets, buses and hotels. Users can access all past and future bookings, check and amend booking details, and request e-tickets and details via messaging platforms. The app is available for both Android and iOS operating systems.
3.Abhibus app: It allows users to check the amenities offered, compare booking prices, check bus schedules on the desired route and use other facilities. It is available through both the website and the mobile app.

2. Objects of the Issue (Le Travenues Technology Ltd IPO Objectives)
The company proposes to utilize the Net Proceeds from the Offer towards funding the following objects:
1. Part-funding working capital requirements of the company;
2.Investments in cloud infrastructure and technology & Funding inorganic growth through unidentified acquisitions and other strategic initiatives and general corporate purposes.
3.ixigo IPO Registrar
Link Intime India Private Ltd

Phone: +91-22-4918 6270

Email:ixigo.ipo@linkintime.co.in

Website:https://linkintime.co.in/initial_offer/public-issues.html

Le Travenues Technology Limited Financial Information (Restated Consolidated)

Period Ended
Assets
Revenue
Profit After Tax
Net Worth
Reserves and Surplus
Total Borrowing
31-Dec-23
678.71
497.1
65.71
437.13
399.83
43.36
31-Mar-23
585.93
517.57
23.4
373.76
334.17
0.54
31-Mar-22
538.47
384.94
-21.09
342.69
303.22
2.73
31-Mar-21
185.07
138.41
7.53
29.94
-212.6
14.94
Amount in Rs. Crore

Kronox Lab Sciences IPO Details

Issue Opening Date
June 10, 2024
Issue Closing Date
June 12, 2024
Face Value
Rs.1 per share
Price
Rs.88 to Rs.93 per share
Lot Size
161 Shares
Issue Size
79,580,900 shares(aggregating up to Rs.740.10 Cr)
Fresh Issue
12,903,226 shares(aggregating up to Rs.120.00 Cr)
Offer for Sale
66,677,674 shares of Rs.1(aggregating up to Rs.620.10 Cr)
Issue Type
Book Built Issue IPO
Listing At
BSE, NSE

ixigo IPO Timeline (Tentative Schedule)

Event
Tentative Date
Opening Date
Monday, June 10, 2024
Closing Date
Wednesday, June 12, 2024
Basis of Allotment
Thursday, June 13, 2024
Initiation of Refunds
Friday, June 14, 2024
Credit of Shares to Demat
Friday, June 14, 2024
Listing Date
Tuesday, June 18, 2024
Cut-off time for UPI mandate confirmation
5 PM on June 12, 2024

Prospectus

Prospectus File

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ARN-0032 Validity 14-Mar-2027

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