Ixigo, an Indian travel booking platform, is preparing to launch its highly anticipated Initial Public Offering (IPO) in the share market. The company will open the IPO for subscription on June 10, 2024, and close it on June 12, 2024, providing investors with a four-day window to join this exciting opportunity.
What About ixigo
ixigo, founded in 2007, is a leading travel and hotel booking platform in India. The company provides a comprehensive range of services, including flight bookings, train reservations, hotel accommodations, and bus tickets. ixigo’s platform helps travelers make informed decisions by providing real-time information, price comparisons, and user reviews. The company has gained significant popularity for its user-friendly interface and innovative features, making travel planning easier and more convenient.
IPO Details
The IPO aims to raise funds to fuel ixigo’s growth and expansion plans. The organization will use the proceeds for various purposes, including enhancing technology infrastructure, expanding service offerings, and strengthening marketing efforts. Retail and institutional investors have garnered attention towards Ixigo, indicating strong interest in its public debut.
What to Expect?
The ixigo has received a positive response from the market, with analysts predicting a good listing. The company’s focus on technology and its user-friendly platform position it well in the competitive online travel booking space.
ixigo IPO is expected to announce the price band of the upcoming IPO. Market analysts express optimism about ixigo’s prospects, citing its robust business model and the increasing demand for travel services in India.
ixigo’s IPO marks a significant milestone in the company’s journey and offers an exciting investment opportunity. As the opening date approaches, market watchers and potential investors eagerly await the company’s entry into the share market.
stay tuned with Hawk Daily.
