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Ixigo IPO Opens for Subscription: Key Details and Insights

10 Jun, 2024

The IPO of Le Travenues Technology Ltd, known as ixigo, opens today, June 10, and closes on June 12. The price band is set at ₹88 to ₹93 per share, with a lot size of 161 shares requiring a minimum investment of ₹14,973. The IPO includes a fresh issue of ₹120 crore and an offer for sale of ₹620.10 crore. The company, a leading OTA in the rail market, aims to use proceeds for working capital, cloud infrastructure, and acquisitions. IPO allotment is on June 13, with listing on June 18.

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