ixigo IPO: The offering date of the ‘ixigo’ brand parent business, Le Travenues Technology Limited, has been set for June 18, 2024, which is today. According to the BSE website, from Tuesday, June 18, 2024, the equity shares of Le Travenues Technology Limited will be listed and admitted to trading on the Exchange in the ‘B’ group of securities. The ‘B’ group of securities on the BSE contains companies that do not meet the severe requirements of the ‘A’ group but are nevertheless regarded as high-quality. This means that ixigo shares will be offered on the BSE and NSE starting at 10:00 a.m. on Tuesday.
According to stock market experts, the ixigo share price may make a successful launch on Dalal Street because the company provides a flawless travel experience. They stated that the travel market in India is expected to increase by up to 22% by FY30, and the company may benefit from this expansion. According to experts, the ixigo IPO offering price could range between ₹120 to ₹125. Meanwhile, the grey market indicates a solid debut for the ixigo share price. According to stock market observers, shares of Le Travenues Technology Limited are available for a premium of ₹30 in the grey market today.
Parth Shah, Research Analyst at StoxBox, commented on the Ixigo IPO filing, saying, “After receiving an amazing subscription response, Le Travenues Technology Ltd (Ixigo) is poised to have a positive debut on the bourses on Tuesday. The company is expected to list at a premium of approximately 30%.” When asked about the ixigo IPO listing price range, Amit Goel, Co-Founder and Chief Global Strategist at Pace 360, stated, “Despite facing challenges in FY22 due to the pandemic, the company is resilient and poised for significant growth beginning in FY23.” Discover the innovative solutions and great service that ixigo provides for a smooth travel experience. We anticipate a listing price of roughly ₹120 to ₹125 per share.
“The Ixigo IPO is set to debut in the market on June 18th, and I anticipate a premium listing. Given the oversubscription in the anchor, QIB, and retail investor groups, I anticipate a 35-50% premium listing on the debut date.” Said VLA Ambala, SEBI Registered RA and Co-Founder of SMT.
ixigo IPO GMP today.
According to stock market experts, the ixigo IPO GMP (grey market premium) today is ₹30. This suggests that the grey market expects the ixigo IPO listing price to be around ₹123 (₹93 + 30), which is approximately 32% higher than the upper price band of the ixigo IPO.
