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Ixigo IPO allotment finalised: Step-by-step guide on how to check status online

Ixigo IPO opened for subscription on June 10. The issue had a price band of ₹83 to ₹93 per share and closed on June 12.

Updated on: Jun 14, 2024 12:47 PM IST
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Gurugram-based Ixigo- an online travel agency (OTA)- opened its intial public offering (IPO) for subscription on June 10. The issue- which had a price band of 83 to 93 per share- closed on June 12. The company, which allows customers to book hotels, train tickets, flight tickets, bus tickets from its platform, is expected to announce the allotment status of its IPO on June 13.

Ixigo IPO details

Ixigo IPO allotment: In the IPO, investors could apply for a minimum of 161 shares and its multiples thereafter.
Ixigo IPO allotment: In the IPO, investors could apply for a minimum of 161 shares and its multiples thereafter.

In the IPO, investors could apply for a minimum of 161 shares and its multiples thereafter. Through the IPO, the company is looking to raise 740.10 crore via IPO which includes a fresh share sale of 120 crore and an offer-for-sale (OFS) of 6,66,77,674 equity shares.

Ixigo IPO subscription

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Bids for 2,06,44,97,687 equity shares, or 47.17 times, compared to the 4,37,69,494 equity shares offered for the subscription, were made on June 12. The portion reserved for retail investors was subscribed 41.91 times, while the portion reserved for non-institutional investors saw a subscription of 83.02 times and qualified institutional bidders (QIBs) booked 30.99 times cent times of their allotted quota.

Ixigo IPO GMP

The shares of Ixigo will be listed on stock exchanges on June 18.

 
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Mallika Soni

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