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    Le Travenues Technology an ixigo parent Lists at a 48 percent Premium to the Issue Price

    Le Travenues Technology, an ixigo parent, Lists at a 48% Premium to the Issue Price


    Finance Outlook India Team | Tuesday, 18 June 2024

    Today, June 18, ixigo listing: The parent company of ixigo, Le Travenues Technologies, made a spectacular comeback to the stock market on Tuesday when its shares were listed for Rs 138.10, a 48% premium over its issue price of Rs 93 per share on the National Stock Exchange (NSE). The tour and travel-related company's shares subsequently increased to Rs 147.65, a 59% increase above its IPO price.

    Le Travenues Technology's shares debuted on the BSE at Rs. 135 - a 45 percent increase over the share price of Rs. 93 - when it was originally issued. The shares surged 59% over its offering price to an intraday high of Rs 147.76.

    Le Travenues Technology was trading at Rs 143.74 at 10:12 AM on the NSE, which is 55% more than the issue price. On the NSE and BSE, 51.89 million equity shares have already exchanged hands.

    Under the brand name "ixigo," Le Travenues Technology is an online travel agency (OTA) that facilitates the booking of hotel rooms, tickets for flights, trains, and buses.

    PNR status and confirmation forecasts, train seat availability alerts, train running status updates and delay forecasts, autonomous 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 are just a few of the services offered by the company.



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