Ixigo parent’s IPO subscribed 98.1x

Le Travenues Technology's IPO, backing online travel giant Ixigo, garnered massive interest, oversubscribed by 98.1 times, with retail, institutional, and high-net-worth investors showing overwhelming demand, signaling robust market enthusiasm.

By ET Bureau | Jun 13, 2024, 07.46 AM IST

The `740-crore initial public offering (IPO) of Le Travenues Technology, the parent company of online travel platform Ixigo, was subscribed 98.1 times on Wednesday, the final day of bidding. The retail investor category was subscribed 53.95 times while the qualified institutional investors category was subscribed 106.73 times. The non institutional investors or high-net-worth investors category was subscribed 110.25 times.

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