IPO of travel aggregator Ixigo to open on June 10
The initial public offering of Le Travenues Technology, the parent company of travel aggregator Ixigo, will hit the Dalal Street on June 10. The price band for the issue will be announced on June 5.
The IPO, which closes on June 12, comprises of fresh issuance of equity shares worth Rs 120 crore, and an offer-for-sale (OFS) of 6,66,77,674 equity shares by the existing shareholders.
SAIF Partners and Peak XV are the largest shareholders in the company, with 23.37 percent and 15.66 percent stake, respectively.
