73  Total SME IPOs listed in 2025

3,196.85 Crs.  Total funds raised in 2025

49  SME IPOs listed with Gain in 2025

24  SME IPOs listed with loss in 2025

73  Total SME IPOs listed in 2025

3196.85 Crs.  Total funds raised in 2025

49  SME IPOs listed with Gain in 2025

24  SME IPOs listed with loss in 2025

73  Total SME IPOs listed in 2025

3196.85 Crs.  Total funds raised in 2025

49  SME IPOs listed with Gain in 2025

24  SME IPOs listed with loss in 2025

73  Total SME IPOs listed in 2025

3196.85 Crs.  Total funds raised in 2025

49  SME IPOs listed with Gain in 2025

24  SME IPOs listed with loss in 2025

Le Travenues Technology IPO (Le Travenues Technology Limited IPO) Detail

Le Travenues Technology IPO is a Book Building IPO listing on BSE,NSE exchange, with an ipo size of ₹ 740.10 Cr. The company is based in New Delhi and caters to Online Service Provider sector. Axis Capital , Dam Capital Advisors (Formerly Idfc Securities ) , Jm Financial are the merchant bankers of Le Travenues Technology IPO. It is a MainBoard IPO which filed its Draft Red Herring Prospectus (DRHP) on 14th February 2024.

Le Travenues Technology IPO open date is 10th June 2024 and close date is 12th June 2024. IPO Allotment Date is 13th June 2024 and Listing date is 18th June 2024.

IPO Category : MainBoard
Exchange : BSE,NSE
Issue Type : Book Building

IPO Key Highlights

  • IPO Size: ₹ 740.10 Cr. Avg IPO Size (Sector Based) : ₹ 2,131.73 cr.
  • Sector: Online Service Provider IPO so far: 14
  • Merchant Banker: Axis Capital IPO by BRLM so far: 161
  • City: New Delhi IPO so far: 123
  • Revenue (annualised): ₹ 662.80 cr.
            PAT: (annualised): ₹ 87.61 cr. Read Financial Information >>
  • PE Ratio: 41.12x Average Sector PE Ratio: 23.64x

Le Travenues Technology IPO Date

Date of DRHP:
14th February 2024
IPO Open Date:
10th June 2024
IPO Close Date:
12th June 2024
IPO Allotment Date:
13th June 2024
Initiation of Refund:
14th June 2024
IPO Listing Date:
18th June 2024

Le Travenues IPO Info, Size, Subscription

Le Travenues Technology IPO size is ₹ 740.10 Cr. with IPO price of ₹ 93.00. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.

IPO Size :
₹ 740.10 Cr.

Issue Price:
₹ 93.00

Market Capitalisation :
₹ 3603.04 Cr.

PE multiple :
41.12

Subscription :
98.10 times

Pre Issue Promoter Holding :
0.00 %

Post Issue Promoter Holding :
0.00 %

Le Travenues Technology IPO Information

Sub Sector : online service provider for travel
Le Travenues Technology Limited is a technology-driven enterprise focused on empowering Indian travellers to plan, book, and manage their trips across rail, air, buses, and hotels. It helps travellers make smarter travel decisions by utilizing artificial intelligence, machine learning, and data science innovations through its OTA platforms, including websites and mobile applications. The company's vision is to become the most customer-centric travel company by delivering the best customer experience. Its focus on serving the ‘next billion user' market segment is underpinned by technology, cost-efficiency, and a culture of innovation. The OTA platforms enable travellers to book train, flight, bus, and hotel tickets while providing a variety of travel utility tools and services powered by in-house proprietary algorithms and crowd-sourced information. These services include train
Show More

Object of Issue (Le Travenues IPO Objectives)

  • Part-funding working capital requirements of the company
  • Investments in cloud infrastructure and technology
  • Funding inorganic growth through unidentified acquisitions and other strategic initiatives
  • General corporate purposes

Axis Capital Limited is the book-running lead manager of the Le Travenues Technology IPO. Link Intime India Private Limited is the Registrar for Le Travenues Technology IPO.

Le Travenues Technology IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.

What is Le Travenues Technology IPO?

Le Travenues Technology IPO, based in New Delhi, operates in the   Online Service Provider sector with a focus on online service provider for travel. The company is launching its MainBoard IPO on the BSE,NSE exchange, using the Book Building Issue method. Le Travenues Technology IPO size is ₹ 740.10 Cr. with fresh issue size of ₹ 120.00 Cr. and Offer for sale being ₹ 620.10Cr.

When is Le Travenues IPO allotment?

The IPO allotment date for Le Travenues Technology IPO is expected to be 13th June 2024, after the finalization of basis of allotment. Investors can check Le Travenues Technology IPO allotment status on the registrars website, Link Intime India Private Limited . Le Travenues Technology IPO refund dates are 14th June 2024.

When is Le Travenues Technology IPO listing date?

Le Travenues Technology IPO is expected to be listed on 18th June 2024.

What is the price band for Le Travenues IPO?

The upper price band for the Le Travenues Technology IPO is set at ₹ 93.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.

What is Le Travenues Technology IPO Review?

For IPO analysis on Le Travenues Technology IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.

How to Apply for Le Travenues Technology IPO?

To apply for the Le Travenues Technology IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 12th June 2024. After submission, funds are blocked until the basis of allotment of Le Travenues Technology IPO is finalised.

Who is the merchant banker of Le Travenues IPO?

The merchant banker for Le Travenues Technology IPO is Axis Capital Limited , Dam Capital Advisors Limited (Formerly Idfc Securities Limited) , Jm Financial Limited . Axis Capital Limited , Dam Capital Advisors Limited (Formerly Idfc Securities Limited) , Jm Financial Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Le Travenues Technology IPO RHP for further details.

Who is the Registrar of Le Travenues Technology IPO?

The registrar for Le Travenues Technology IPO is Link Intime India Private Limited . Investors can go to Link Intime India Private Limited registrar website for IPO allotment status, refund processing, and other queries related to Le Travenues Technology IPO through their official website or helpline.

What is the Le Travenues Technology IPO subscription?

Le Travenues Technology IPO was subscribed 98.10 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.

IPO Key Highlights

Thinking of
Listing Your Business through
SME IPO?
We can Help!
Contact Us Today

Recent IPO List

Scoda Tubes Limited

  Steel

  Ahmedabad


Prostarm Info Systems Limited

  Power and Energy

  Mumbai


Aegis Vopak Terminals Limited

  Oil and Gas

  Surat


Leela Hotels - Schloss Bangalore Limited

  Hotels and Resorts

  New Delhi


Borana Weaves Limited

  Textiles - Fabrics

  Surat


Thinking of
Listing Your Business through
SME IPO?
We can Help!
Contact Us Today

Peer Companies Of This Sector

FAQs

Le Travenues Technology IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Le Travenues Technology Financial Review Page

Le Travenues Technology IPO subscription was 98.10 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.

Le Travenues Technology IPO listed at a listing price of 161.99 against the offer price of 93.00.

The current market price of Le Travenues Technology is 171.12.

Services

IPO Advisory
IPO Advisory
In-depth, experienced and seamless execution throughout the IPO Process.
IPO Readiness
IPO Readiness
IPO Roadmap by improving Business Efficiencies, Financial Parameters and Corporate Structure to become IPO ready.
Fund Raising
Fund Raising
Fuelling a company's growth through Pre IPO Fund Raise, Private Equity, and Angel Investing.
SME : Business Scaling
SME Business Upscaling
Provide support to build a scalable SME business by unleashing the SME potential.
Post IPO Montoring
Post IPO Mentoring
Assisting with post IPO regulatory requirements and Performance Monitoring to achieve the milestone of Mainboard migration.

Thinking of
Listing Your Business through SME IPO?

We can help! Contact Us

Why Us?

  • Leading portal for IPOs
  • End to End Solutions
  • Known for Transparency