New Delhi: Shares of Le Travelogue Technology Ltd, which operates travel booking platform ixigo, closed at a hefty premium of over 78 per cent against its issue price of Rs 93 on Tuesday.
The stock started trading at Rs 135, 45.16 per cent above the issue price, on BSE. Later it jumped 74.18 percent and closed at Rs 161.99.
It was listed on NSE at Rs 138.10 with a gain of 48.49 percent. The share closed at Rs 165.72 with a jump of 78.19 percent.
The market valuation of the company stood at Rs 6,275.87 crore.
In terms of trading volume, 76.43 lakh shares of the company were traded on BSE and 964.60 lakh shares on NSE during the day.
Benchmark equity indices Sensex and Nifty hit all-time high on Tuesday. Ending a fourth straight session of gains, the 30-share BSE Sensex closed 308.37 points or 0.40 per cent higher at a new closing peak of 77,301.14. NSE Nifty rose 92.30 points or 0.39 per cent to hit a record high of 23,557.90.
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, 45.16 per cent above the issue price, on BSE. Later it jumped 74.18 percent and closed at Rs 161.99.
It was listed on NSE at Rs 138.10 with a gain of 48.49 percent. The share closed at Rs 165.72 with a jump of 78.19 percent.
The market valuation of the company stood at Rs 6,275.87 crore.
In terms of trading volume, 76.43 lakh shares of the company were traded on BSE and 964.60 lakh shares on NSE during the day.
Benchmark equity indices Sensex and Nifty hit all-time high on Tuesday. Ending a fourth straight session of gains, the 30-share BSE Sensex closed 308.37 points or 0.40 per cent higher at a new closing peak of 77,301.14. NSE Nifty rose 92.30 points or 0.39 per cent to hit a record high of 23,557.90.
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.
