Le Travenues Technology Ltd. IPO

Ixigo, India's fastest-growing travel platform, empowers millions to plan and book rail, air, bus, and hotel trips. They leverage AI and data science to offer smart travel decisions, focusing on the "next billion users" in Tier II and III cities. As India's leading train booking platform, they hold the highest market share and boast over 83 million monthly active users across their apps. Their commitment to innovation and user experience has resulted in rapid growth, making them a key player in shaping India's travel landscape.

Le Travenues Technology Ltd. IPO Details

Check out the issue details for Le Travenues Technology Ltd. IPO as disclosed in SEBI.

IPO Price

₹ 93

Price Band

₹ 88 - 93

Issue Size

740.1 Cr.

Issue Type

Book Built

Open

2024-06-10

Close

2024-06-12

Listingprice

₹ 138.1

ListingGain

48.49%

Listing Date

2024-06-18

CMP

₹ 308.85

Current Return

232.10%

Company Financials

You can get the following financial statements of Le Travenues Technology Ltd. as of now.

The details about the Le Travenues technology IPO, commonly known as Ixigo IPO is as:

  • The issue size of the IPO is 740.10 Cr.
  • The price band for Le Travenues technology IPO, commonly known as Ixigo IPO is Rs 88 to Rs 93.
  • The shares of Le Travenues technology IPO, commonly known as Ixigo IPO will list on 18th June 2024.
  • The latest tentative GMP of Le Travenues technology IPO, commonly known as Ixigo IPO is Rs 25.
  • The shares of Le Travenues technology IPO, commonly known as Ixigo IPO is subscribed 98.08 Times as of 12th June 2024. 

 

Ixigo IPO Valuation

The approx valuation of Le Travenues technology IPO, commonly known as Ixigo IPO, based on its price band and DRHP/RHP is:

Particulars Value
Upper Price Band Rs 93
Existing Shares (Qty) 37.45 Cr
Fresh Issue 120 Cr
Market Cap 3602.85 Cr
EPS (FY23) Rs 0.58
PE Ratio 160.34x
Industry PE 121.39x

 

Ixigo IPO Valuation

Le Travenues technology IPO, commonly known as Ixigo IPO issue size is 740.10 Cr:

Issue Amount
Fresh Issue 120 Cr
Offer For Sale  620.10 Cr

 

Ixigo IPO Market Lot

An Individual can apply for a minimum 1 lot of 161 shares and a maximum of 13 lots of 2093 shares. Find the details below:

Application Lot Shares Amount
 Minimum  1 161 14,973
 Maximum 13 2093 1,94,649

 

Ixigo IPO Share Offer

The shares of Le Travenues technology IPO, commonly known as Ixigo IPO is subscribed 98.08 Times as of 12th June 2024. The category-wise shares subscribed are as follows:

Category % Offered Subscription
Qualified Institutional Minimum 75% 106.73 Times
Non-Institutional Maximum 15% 110.24 Times
Retail Individual Maximum 10% 53.87 Times
Total   98.08 Times

Find below the dates for Le Travenues technology IPO, commonly known as Ixigo IPO:

Schedule Date
Basis of Allotment 13 June 2024
Refunds 14 June 2024
Credit to Demat Account 14 June 2024
IPO Listing Date 18 June 2024

Check allotment status

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Net Sales 120.86 253.41 501.25 652.81 910.62
Total Expenditure 118.33 284.7 472.42 607.4 829.91
Operating Profit 2.53 -31.29 28.83 45.41 80.71
Other Income 2.76 5.8 16.47 9.14 17.98
Interest 1.55 2.73 0.87 1.88 2.33
Depreciation 1.46 4.57 10.34 10.76 9.96
Exceptional Items 0 0 -12.61 0 -1.17
Profit Before Tax 2.27 -32.79 21.48 41.91 85.24
Provision for Tax -5.31 -0.74 -2.74 -12.07 21.79
Net Profit 7.58 -32.05 24.22 53.98 63.45
Adjusted EPS (Rs.) 0.04 -0.09 0.07 0.14 0.16

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Equity and Liabilities
Share Capital 232.61 36.98 37.12 37.3 39.01
Total Reserves -212.89 336.27 337.64 390.62 579.78
Borrowings 9.84 0 0 0 0
Other N/C liabilities 0.64 5.1 24.05 -17.89 2.41
Current liabilities 62.63 94.3 155.13 175.77 253.64
Total Liabilities 92.84 472.64 553.93 585.79 874.84
Assets
Net Block 3.94 196.22 276.77 271 270.43
Capital WIP 0 0 0 0 0
Intangible WIP 0 0 2.04 0 0
Investments 24.37 62.33 16.03 16.03 28.57
Loans & Advances 8.11 9.39 12.29 12.81 13.11
Other N/C Assets 0 5.2 7.93 19.66 1.78
Current Assets 56.42 199.51 238.88 266.3 560.96
Total Assets 92.84 472.64 553.93 585.79 874.84
* Other Non-current Liabilities include Net deferred Liabilities

Quarterly Result (All Figures in Cr.)

PARTICULARS Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025
Other Income 2.4 4.41 5.26 5.92 6.94
Profit Before Tax 14.18 20.18 23.29 27.59 29.69
Tax 3.15 5.24 5.92 7.47 7.45
Profit After Tax 11.03 14.94 17.36 20.12 22.24
Adjusted EPS (Rs) 0.28 0.38 0.45 0.52 0.57

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Profit from operations 2.27 -32.79 21.48 41.91 85.24
Adjustment 5.31 19.43 24.11 15.36 12.09
Changes in Assets & Liabilities -21.3 -25.43 1.21 -18.82 27.5
Tax Paid -1.02 -0.71 -5.71 0.56 -4.42
Operating Cash Flow -14.74 -39.5 41.09 39 120.39
Investing Cash Flow -16.95 -215.95 8.38 -39.43 -203.21
Financing Cash Flow 13.56 257.96 -2.14 -44.42 104.24
Net Cash Flow -18.13 2.51 47.32 -44.85 21.43
X