Today, we have brought important updates and details regarding Ixigo IPO shares. The company hasn’t specified a time yet when it will start issuing its IPO shares publicly. However, we are going to talk about its important details and objective. According to the sources, the company is aiming to raise around ₹1600 crores through IPO that comprises fresh issue of ₹750 crores and offer for sale up to ₹750 crores with the face of the value of ₹1 each.
In that case, if a retail investor is looking for the investment they will give them a quota of 10% while QIB will get 75% and HNI will get 15%.
Ixigo IPO Date, Review, Price, Form, Market Lot, & Details
Let’s talk about company background and strengths. Ixigo is a private corporation that is involved in online travel aggregators like Makemytrip. According to the sources, the company had started its business in the year 2007.
Ixigo company is a leading online trip booking platform that focuses Indian travellers to plan, book, and manage their trips across rail, air, buses, and Hotels.
In addition, they guide Indian travelling agencies through leveraging AI, machine learning, and data science-led innovation on their website. Let’s have a look at the Ixigo IPO details.
Ixigo IPO Date, Price Band, & GMP
| IPO Opening Date | 2022 |
| IPO Closing Date | 2022 |
| Issue Type | Book Built Issue IPO |
| Face Value | ₹1 per equity share |
| IPO Price | ₹- to ₹-per equity share |
| Market Lot | – Shares |
| Min Order Quantity | – Shares |
| Listing At | NSE & BSE |
| Issue Size | Approx ₹1600 crores |
| Fresh Issue | Approx ₹750 |
Ixigo IPO Market Lot Size
Ixigo IPO Market Lot Size is 4000 shares. A retail-individual investor can apply for up to 1 lot.
| Application | Lots | Shares | Amount (Cut-off) |
|---|---|---|---|
| Minimum | 1 | – | – |
| Maximum | 13 | – | – |
Ixigo IPO Date, Time Table, Allotment & Listing
Ixigo IPO Opening Date is 2022, and the close date is 2022. The issue may list in March 2022.
| IPO Open Date | 2022 |
| IPO Close Date | 2022 |
| Basis of Allotment Date | 2022 |
| Initiation of Refunds | 2022 |
| Credit of Shares to Demat Account | 2022 |
| IPO Listing Date | 2022 |
Ixigo Company Financial Report
| ₹ in crores | |||
| Income | Expense | Profit After Tax | |
| 2019 | ₹43 | ₹100 | -₹57.35 |
| 2020 | ₹113 | ₹140 | -₹26.61 |
| 2021 | ₹138 | ₹136 | ₹7.53 |
Since Ixigo company hasn’t revealed further information regarding issuing of shares, we couldn’t get you any review. We have to wait until they will announce the opening date of issuing shares. Till then, For further updates and fresh reviews of IPO shares keep following us on our official site All Social Updates.