New Delhi: Shares of Le Travelogue Technology Ltd, which operates travel booking platform ixigo, were listed on Tuesday at a premium of over 48 per cent over the issue price of Rs 93.
The stock started trading at Rs 135, up 45.16 per cent from the issue price on BSE. Later it increased by 58.88 percent to Rs 147.76.
It was listed at Rs 138.10 on NSE with a gain of 48.49 percent.
The market valuation of the company stood at Rs 5,581.22 crore.
The initial public offering of Le Travenews Technology was subscribed 98.10 times on the closing day of subscription on Wednesday last week.
The initial share sale of Rs 740 crore included a fresh issue of up to Rs 120 crore and an offer for sale (OFS) of 6,66,77,674 equity shares.
The price range for the offer was Rs 88-93 per share.
Launched in 2007 by Alok Bajpayee and Rajneesh Kumar, Le Travelogue Technology is the country's leading online travel aggregator, helping travelers plan, book and manage their trips across rail, air, buses and hotels.
The stock started trading at Rs 135, up 45.16 per cent from the issue price on BSE. Later it increased by 58.88 percent to Rs 147.76.
It was listed at Rs 138.10 on NSE with a gain of 48.49 percent.
The market valuation of the company stood at Rs 5,581.22 crore.
The initial public offering of Le Travenews Technology was subscribed 98.10 times on the closing day of subscription on Wednesday last week.
The initial share sale of Rs 740 crore included a fresh issue of up to Rs 120 crore and an offer for sale (OFS) of 6,66,77,674 equity shares.
The price range for the offer was Rs 88-93 per share.
Launched in 2007 by Alok Bajpayee and Rajneesh Kumar, Le Travelogue Technology is the country's leading online travel aggregator, helping travelers plan, book and manage their trips across rail, air, buses and hotels.
