ixigo shares list at 48% premium over IPO price
Post listing, shares of Le Travenues Technology Ltd, which operates ixigo, surged as much as 52% to ₹141.48 against IPO price of ₹93.
Post listing, shares of Le Travenues Technology Ltd, which operates ixigo, surged as much as 52% to ₹141.48 against IPO price of ₹93.
Tech integration to ease travel and emergence of D2C brands are giving travel insurance market a boom after the pandemic-driven bust in 2020
The negative listing of Yatra Online was due to its high P/E valuation, reliance on the airline ticketing business, and the competitive nature of the travel industry, said an analyst.
The share price of the travel company has zoomed 126% in the last one year, from its 52-week low of ₹29.69 on November 23, 2021, to ₹67.10 intraday today.
Trek through ice tunnels, ski along snowy vistas; connect with nature amidst the cacophony of penguins. Stay in luxurious ‘pods’ and enjoy a gourmet meal while discovering the secrets of Antarctica.