The initial public offering (IPO) of ‘ixigo‘ parent company Le Travenues Technology Limited launched on June 10, 2024, in the Indian primary market. Investors have until June 12, 2024, to apply for this mainboard public issue. So far, the response has been strong, with high subscription rates.
Today, the grey market premium (GMP) for ixigo IPO is ₹25, which is ₹1 higher than yesterday’s GMP of ₹24. Despite some volatility in the secondary market, the grey market has remained steady, likely due to the strong investor interest in the IPO.
After two days of bidding, here’s the subscription status: Overall: 9.33 times subscribed Retail Portion: 18.73 times subscribed Non-Institutional Investors (NII): 20.14 times subscribed Qualified Institutional Buyers (QIB): 0.79 times subscribed