ixigo IPO listing LIVE updates: ixigo share price makes a bumper debut, lists with 48.5% premium on NSE
₹88 and ₹93 per share. Le Travenues Technology raised ₹333 crore from anchor investors.
Book Running Lead Manager (BRLM)for the offer include Axis Capital, DAM Capital Advisors, and JM Financial.Stay tuned to our ixigo IPO live blog for all the latest updates on ixigo share price today.Today, the ixigo share price debuted positively on the stock exchanges. It outperformed market analysts' expectations by listing more than 10% higher than their projections.
Market experts anticipated ixigo share price to open in the range of ₹120 to ₹125 per share. On BSE, ixigo share price today opened at ₹135 apiece, up 45.16% than the issue price.Le Travenues Technology, founded in 2007 by Aloke Bajpai and Rajnish Kumar, is one ofcountry's top online travel aggregator, assisting passengers in planning, booking, and managing their travels by train, air, bus, and hotel.According to market analysts, the IPO of Le Travenues ltd (ixigo) provides investors with a one-of-a-kind chance to participate in a major participant in India's online travel agency (OTA) sector, with a focus on the “next billion users."ixigo IPO GMP today or grey market premium is +30.50.
This indicates ixigo share price were trading at a premium of ₹30.50 in the grey market, according to investorgain.com.Given the top end of the IPO price band and the existing grey market premium, the predicted listing price for the ixigo IPO was ₹123.5 per share, which is 32.8% more than the IPO price of ₹93.'Grey market premium' indicates investors' readiness to pay more than the issue price.Disclaimer: The views and recommendations above are those of individual analysts, experts and broking companies, not of Mint. We advise investors to check with certified experts before making any
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