Le Travenues Technology Limited

Company Profile
Company Name Le Travenues Technology Limited
Open Date 10-06-2024
Close Date 12-06-2024
Exchange BSE, NSE
Lot Size 161 Shares
Issue Price ₹88 to ₹93 per share
Issue Size 7,95,80,900 shares
Application Amount Min. Inv. - ₹14,973 (161 shares) Max. Inv. - ₹1,94,649 (2,093 shares)
Recommendation Apply

Incorporated in 2006, Le Travenues Technology is an Online Travel Agency (OTA) to help Indian travellers to plan, hook, and manage their trips. With its Registered Office in Gurugram, Haryana, its OTA platform allows users to book flight, train, and bus tickets allows hotel bookings, and provides travel utility tools and services. The company was the second-largest OTA in India in terms of revenue from operations during FY 23. The company had the highest app usage among OTAs with a cumulative 8.3 Crore monthly active users across its apps in September 2023. The Company employed 486 people at various levels as of
Dec 31, 2023 on its payroll.

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Financial Summary in Cr.

For the Period Ended Mar-21 Mar-22 Mar-23 Dec-23
Total Assets 185.07 538.47 585.93 678.71
Net Assets 29.94 342.69 387.12 437.13
Total Borrowings 14.94 2.73 0.54 5.10
Total Revenue 138.41 384.94 517.57 497.10
Profit After Tax 7.53 -21.09 23.40 65.71

Tentative Timeline

Opening Date 10/06/2024
Closing Date 12-06-2024
Basis of Allotment 13-06-2024
Initiation of Refunds 14-06-2024
Credit of Shares to Demat 14-06-2024
Listing Date 18-06-2024

Objects of the Issue

Part funding of working capital requirements of the company
Investment in cloud infrastructure and technology
Funding inorganic growth through unidentified acquisitions and other strategic initiatives and general corporate purposes

Contact Information

Registered Office Le Travenues Technology Limited Second Floor, Veritas Building, Sector - 53, Golf Course Road, Gurugram - 122 002
Phone +91 124 668 2111
Email investors@ixigo.com
Website http://www.ixigo.com/

Offer Documents

ixigo IPO DRHP
ixigo IPO RHP

Registrar Details

Name Link Intime India Private Ltd
Phone +91-22-4918 6270
Email ixigo.ipo@linkintime.co.in
Website https://linkintime.co.in/initial_offer/public-issues.html

IPO Reservation

QIB Shares Offered Not less than 75.00% of the Net offer
Retail Shares Offered Not more than 10.00% of the Offer
NII (HNI) Shares Offered Not more than 15.00% of the Offer

Shareholding Pattern

Share Holding Pre Issue (Promoters) -
Share Holding Post Issue (Promoters) -

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