IXIGO IPO Details
1) Issue Price- 88-93 Per share
2) Market lot – 161 Share (Rs.14973 )
3) Open Date :- 10 Jun 2024
4) Close Date :-12 Jun 2024
5) Allotment Date. 13 Jun 2024
6) Listing Date :-18 Jun 2024
Expected Listing Earning : 30 Rs per Share.
Company overview
Indian online travel portal headquartered in Gurugram, India. Here are some key details about ixigo:
Founding: ixigo was launched in June 2007 by IITK alumni Rajnish Kumar and Aloke Bajpai. They started with a flights metasearch website and later introduced a hotel search engine on their platform .
Services: ixigo aggregates real-time travel information, prices, and availability for flights, trains, buses, and hotels. Users can book tickets through ixigo’s associate websites and apps.
Recent Acquisitions:
In February 2021, ixigo acquired the train discovery and ticketing platform Confirmtkt in a cash and stock deal.
In August 2021, ixigo acquired the bus ticket booking and fleet management portal AbhiBus in a similar deal.
Funding: ixigo has received investments from various sources, including SAIF Partners,
MakeMyTrip, Micromax Informatics, and venture capital firms like Sequoia Capital India and Fosun RZ Capital. In July 2021, it raised US$53 million in its pre-IPO round led by GIC and other investors .
User Base: ixigo has over 150 million users and aims to empower travelers with trustworthy and personalized travel recommendations.
