Le Travenues Technology Limited IPO
Le Travenues Technology Limited was a mainboard IPO in the Tour Travel Related Services sector, offered at ₹88–₹93 per share to raise ₹740 crore. The issue was subscribed 98.34× overall (QIBs 106.73×, NIIs 110.53×, retail 54.85×). It listed on 18 Jun 2024 at ₹138 and closed its first day at ₹166, a listing gain of +78.2% versus the ₹93 issue price. It now trades around ₹139 (+49.6% versus the issue price).
Frequently asked questions
- How many times was the Le Travenues Technology Limited IPO subscribed?
- The Le Travenues Technology Limited IPO was subscribed 98.34× overall — 106.73× in the QIB category, 110.53× among non-institutional investors, 54.85× in retail.
- What were the Le Travenues Technology Limited IPO listing gains?
- Le Travenues Technology Limited listed on 18 Jun 2024 at ₹138, closing its first day at ₹166 — a listing gain of +78.2% versus the ₹93 issue price.
- What were the retail allotment odds for the Le Travenues Technology Limited IPO?
- Retail was subscribed 54.85×, so a single-lot application had roughly a 1.8% chance of allotment (about 1 in 55), and allotment was finalised on 14 Jun 2024.
- What was the price band and lot size of the Le Travenues Technology Limited IPO?
- The price band was ₹88–₹93 per share, with a minimum lot of 161 shares (₹14,973 at the upper band).
- Who were the registrar and lead manager for the Le Travenues Technology Limited IPO?
- Link Intime India Private Limited was the registrar, and Axis Capital was the book-running lead manager.