Mumbai, June 05, 2024 (GNI) L-R: Mr. Parin Savla (Vice President – Investment Banking, Axis Capital Limited), Mr. Saurabh Devendra Singh (Group Chief Financial Officer, ixigo), Mr. Aloke Bajpai (Chairman, Managing Director, and Group CEO, ixigo), Mr. Rajnish Kumar (Director and Group Co-CEO, ixigo), Mr. Vishal Desai (Senior Vice President, ECM, DAM Capital Advisors Limited) and Mr. Vaibhav Malik (AVP, Investment Banking, JM Financial Services Limited) at the press conference in connection to Le Travenues Technology Limited’s (ixigo) Initial Public Offering (IPO) in Mumbai – photo by Sumant Gajinkar (GNI)
Mumbai, 05th June 2024 (GNI): L-R: Mr. Saurabh Devendra Singh (Group Chief Financial Officer, ixigo), Mr. Aloke Bajpai (Chairman, Managing Director, and Group CEO, ixigo) and Mr. Rajnish Kumar (Director and Group Co-CEO, ixigo) at the press conference in connection to Le Travenues Technology Limited’s (ixigo) Initial Public Offering (IPO), in Mumbai – photo by Sumant Gajinkar GNI
Le Travenues Technology Limited Announced its Initial Public Offer (IPO) to open on June 10, 2024
· Price Band: ₹ 88 to 93 per Equity Share of face value of 1 each (“Equity Shares”)
· Bid /Offer will open on Monday, June 10, 2024 and close on Wednesday, June 12, 2024. The Anchor Investor Bidding Data Shall be Friday, June 07, 2024
· Bids can be made for a minimum of 161 Equity Shares and in multiples of 161 Equity Shares thereafter
Mumbai, June 05, 2024 (GNI): Le Travenues Technology Limited (“ixigo” or the “Company”), shall open its Bid/Offer in relation to its initial public offer of Equity Shares on Monday, June 10, 2024.
The total offer size comprises of fresh issue of Equity Shares of value of ₹ 1 each aggregating up to ₹ 1,200.00 million (“Fresh Issue”) and an offer for sale aggregating up to 66,677,674 Equity Shares of face value of ₹ 1 each by the Selling Shareholders (defined below) (“Offer for Sale”).
The Anchor Investor Bidding Date shall be Friday, June 07, 2024. The Bid/Offer will open on Monday, June 10th, 2024 for subscription and will close on Wednesday, June 12th.
The Price Band of the Offer is ₹ 88 to ₹ 93 Per Equity Share. Bids can be made for a minimum of 161 Equity Shares and in multiples of 161 Equity Shares thereafter.
The Offer for Sale comprises an offer for sale of up to 19,437,465 Equity Shares by Saif Partners India Limited, up to 13,024,000 Equity Shares by Peak XV Partners Investments V (formerly known as SCI Investments V), up to 11,950,000 Equity Shares by Aloke Bajpai, up to 11,950,000 Equity Shares by Rajnish Kumar, up to 5,486,893 Equity Shares by Micromax Informatics Limited, up to 3,048, 375 Equity Shares by Placid Holdings, up to 1,333,513 Equity Shares by Catalyst Trusteeship Limited (erstwhile Milestone Trusteeship Services Private Limited) as the trustee of Madison India Opportunities Trust Fund and up to 447,428 Equity Shares by Madison India Capital HC (collectively, the “Selling Shareholders”).
This Equity Shares are being offered through the red herring prospectus of the Company dated June 4, 2024 filed with Registrar of Companies, Delhi and Haryana at New Delhi (the “RHP”) and are proposed to be listed on the BSE Limited (“BSE”) and the National Stock Exchange of India Limited (“NSE”).
Le Travenues Technology Limited Initial Public Offer to open on June 10, 2024
· Price Band: ₹ 88 to 93 per Equity Share of face value of 1 each (“Equity Shares”)
· Bid /Offer will open on Monday, June 10, 2024 and close on Wednesday, June 12, 2024. The Anchor Investor Bidding Data Shall be Friday, June 07, 2024
· Bids can be made for a minimum of 161 Equity Shares and in multiples of 161 Equity Shares thereafter
June 05, 2024: Le Travenues Technology Limited (“ixigo” or the “Company”), shall open its Bid/Offer in relation to its initial public offer of Equity Shares on Monday, June 10, 2024.
The total offer size comprises of fresh issue of Equity Shares of value of ₹ 1 each aggregating up to ₹ 1,200.00 million (“Fresh Issue”) and an offer for sale aggregating up to 66,677,674 Equity Shares of face value of ₹ 1 each by the Selling Shareholders (defined below) (“Offer for Sale”).
The Anchor Investor Bidding Date shall be Friday, June 07, 2024. The Bid/Offer will open on Monday, June 10th, 2024 for subscription and will close on Wednesday, June 12th.
The Price Band of the Offer is ₹ 88 to ₹ 93 Per Equity Share. Bids can be made for a minimum of 161 Equity Shares and in multiples of 161 Equity Shares thereafter.
The Offer for Sale comprises an offer for sale of up to 19,437,465 Equity Shares by Saif Partners India Limited, up to 13,024,000 Equity Shares by Peak XV Partners Investments V (formerly known as SCI Investments V), up to 11,950,000 Equity Shares by Aloke Bajpai, up to 11,950,000 Equity Shares by Rajnish Kumar, up to 5,486,893 Equity Shares by Micromax Informatics Limited, up to 3,048, 375 Equity Shares by Placid Holdings, up to 1,333,513 Equity Shares by Catalyst Trusteeship Limited (erstwhile Milestone Trusteeship Services Private Limited) as the trustee of Madison India Opportunities Trust Fund and up to 447,428 Equity Shares by Madison India Capital HC (collectively, the “Selling Shareholders”).
This Equity Shares are being offered through the red herring prospectus of the Company dated June 4, 2024 filed with Registrar of Companies, Delhi and Haryana at New Delhi (the “RHP”) and are proposed to be listed on the BSE Limited (“BSE”) and the National Stock Exchange of India Limited (“NSE”).
The Red Herring Prospectus is available on the website of the Company, the SEBI, the BRLMs i.e. Axis Capital Limited, DAM Capital Advisors Limited and JM Financial Limited at www.ixigo.com, www.sebi.gov.in, www.axiscapital.co.in, www.damcapital.in and www.jmfl.com, respectively, as well as on the websites of the stock exchanges at www.nseindia.com and www.bseindia.com.
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