Ixigo
Ixigo Info
Details about the Ixigo IPO. Opening Date of Ixigo is 10 Jun 24 and Closing Date is 12 Jun 24 . Face Value of Each share of Ixigo is ₹1 per share. Price band of Ixigo is ₹88 to ₹93. The Lot size of Ixigo is 161 shares. Total issue size of Ixigo IPO is ₹740.1 cr. Fresh Issue of Ixigo IPO is 120 cr. Ixigo IPO also includes offer for sale of ₹620.1 cr.This is a Book Building IPO. Expected to list on NSE & BSE. Share Holding Pre Issue of Ixigo is 374,519,945. Share Holding Post Issue of Ixigo is 387,423,171.
Business Summary
Launched in 2007, ixigo is a technology company focused on empowering Indian travellers to plan, book, and manage their trips across rail, air, buses, and hotels.
Ixigo assists travellers in making smarter travel decisions by leveraging artificial intelligence, machine learning, and data science-led innovations on its OTA platforms, comprising its websites and mobile applications.
Ixigo's focus on travel utility and customer experience for travellers in the 'next billion user' segment is driven by technology, cost-efficiency, and a culture of innovation, making it India's leading travel ecosystem for the 'next billion users.
Ixigo's OTA platforms allow travellers to book train tickets, flight tickets, bus tickets, hotels, and cabs while providing travel utility tools and services developed using in-house proprietary algorithms and crowd-sourced information. These services include train PNR status and confirmation predictions, train seat availability alerts, train running status updates and delay predictions, flight status updates, bus running status, pricing and availability alerts, deal discovery, destination content, personalized recommendations, instant fare alerts, and automated customer support services
Ixigo IPO Details
| Open Date | 10 Jun 24 |
|---|---|
| Close Date | 12 Jun 24 |
| Face Value | ₹1 per shares |
| Price Band | ₹88 - ₹93 |
| Lot Size | 161 Shares |
| Total issue Size | 79,580,900 Shares ₹740.1 cr |
| Fresh Issue | 12,903,226 Shares ₹120 cr |
| Offer for Sale | 66,677,674 Shares (₹620.1 cr) |
| Issue Type | Book Building |
| Listing At | NSE & BSE |
| Share Holding Pre Issue | 374,519,945 |
| Share Holding Post Issue | 387,423,171 |
| RHP , DHRP | View RHP, View DRHP |
Ixigo IPO Timeline
The Ixigo Initial Public Offering (IPO) is set to open on 10 Jun 24 and will end its subscription phase on 12 Jun 24. You can check your allotment status for Ixigo on 13 Jun 24. The refund process for your funds will start promptly on 14 Jun 24. Ixigo IPO credit of shares will be on 14 Jun 24. The listing date for Ixigo is on 18 Jun 24.
Open Date
Close Date
Basis Of Allotment
Initiation of Refund
Credit of Share
Listing Date
Ixigo IPO Reservation
The Ixigo IPO reserves shares for different investor categories. Approximately Not less than 75.00% of the Net offer will be available for QIB, Not more than 10.00% of the Offer will be available for NII, Not more than 15.00% of the Offer will be available for Retail,
| Investor Category | Shares Offered |
|---|---|
| QIB | Not less than 75.00% of the Net offer |
| NII | Not more than 10.00% of the Offer |
| Retail | Not more than 15.00% of the Offer |
Ixigo IPO Lot Size
Bids can be made for minimum of 161 shares and in multiple of 161 equity shares thereafter
| Application | Lot | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 161 | 14,973 |
| Retail (Max) | 13 | 2,093 | 194,649 |
| S-HNI (Min) | 14 | 2,254 | 209,622 |
| S-HNI (Max) | 66 | 10,626 | 988,218 |
| B-HNI (Min) | 67 | 10,787 | 1,003,191 |
Ixigo IPO Promoters Holding
Promoters holding details for Ixigo in the current issue is as follows: The share holding of promoters before the issue stands at -%, and after the issue, it has been adjusted to -%.
Promoters of Ixigo are COMPANY DOES NOT HAVE AN IDENTIFIABLE PROMOTER,
| Share Holding Pre Issue | -% |
|---|---|
| Share Holding Post Issue | -% |
Ixigo Financial Information
Financial performance details for Ixigo over the years are as follows: The table below presents key financial indicators, including Assets, Revenue, and Profit After Tax (PAT).
| Period | 31 Dec 23 | 31 Mar 23 | 31 Mar 22 | 31 Mar 21 |
|---|---|---|---|---|
| Assets | 678.71 | 585.93 | 538.47 | 185.07 |
| Revenue | 497.1 | 517.57 | 384.94 | 138.41 |
| Profit After Tax | 65.71 | 23.4 | -21.09 | 7.53 |
Ixigo IPO Key Performance Indicator
Key Performance Indicators (KPIs) for Ixigo are outlined below. Monitoring these KPIs provides insights into the company's operational and strategic performance. The table presents various performance indicators along with their corresponding values.
| KPI | Value |
|---|---|
| P/E (x) | 148.87 |
| RoNW | 15.26% |
| EPS (Rs) | 0.62 |
Object of the Issue
- • Part-funding working capital requirements of the company
- • Investments in cloud infrastructure and technology
- • Funding inorganic growth through unidentified acquisitions and other strategic initiatives
- • General corporate purposes
Contact Details for Ixigo
Phone
Office
Second Floor, Veritas Building, Sector - 53, Golf Course Road, Gurugram - 122 002
Registrar Details for Ixigo
Link Intime India Private Ltd
Phone
Office
C-101, 1st Floor, 247 ParkL.B.S. Marg, Vikhroli West Mumbai 400 083, Maharashtra, India
Lead Manager
- • Axis Capital Limited
- • Dam Capital Advisors Ltd
- • Jm Financial Limited