Ixigo, the travel technology platform that is operated by Le Travenues Technology, will be accepting subscriptions for its initial public offering (IPO) from June 10 to June 12.
The company received approval in May after submitting its draft red herring prospectus (DRHP) to market regulator SEBI in February.
Offer Details
A new equity sale of Rs 120 crore and an offer for sale (OFS) of up to 6.66 crore shares are both part of the IPO. Stakeholders including Micromax Informatics, Placid Holdings, Aloke Bajpai, Rajnish Kumar, SAIF Partners, and Peak XV Partners will sell a portion of their holdings in the OFS.
75 percent of the initial public offering (IPO) is reserved for qualified…
