The Startup India Insight
Filed inTweetShareRead later

Ixigo IPO Rises: Shares List at 48.5% Premium on Debut

18 June, 20243 min read

Ixigo IPO rises and has recorded great attention in the market. With a remarkable debut, ixigo shares have made a splash on both the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE).

This article will delve into the details of ixigo's IPO listing, focusing on its impressive performance and what it means for investors.


ixigo Shares on the NSE

On the NSE, ixigo shares opened at an impressive INR 138.10 per share. This opening price marks a staggering 48.5% increase from the issue price of INR 93.

As I told you that the Ixigo IPO rises which shows the interest of the investors toward Ixigo and it also shows the market potential of the company.

The rises premium of Ixigo shows the presences of company in market and ensuring a long-term future of the company.

ixigo Shares on the BSE

Ixigo also shows a great opening in BSE and opens with a price of INR 135 apiece. It shows the increment of company issue price up to 45.16$.

The consistent strong performance on both major stock exchanges underscores the widespread investor enthusiasm for ixigo's market debut.

This positive sentiment is indicative of the company's solid fundamentals and growth trajectory.

Details of the ixigo IPO

The ixigo IPO was composed of two main components: a fresh equity issue worth INR 120 crore and an offer for sale (OFS) of 6.67 crore shares.


The fresh equity issue aimed to raise capital for the company, while the OFS provided an opportunity for existing shareholders to sell their stakes.

This dual structure allowed ixigo to raise funds for its expansion plans while also offering liquidity to its early investors.

Implications for Investors

The stellar performance of ixigo shares on their listing day has several implications for investors. Firstly, it highlights the robust demand for ixigo's stock, which is a positive indicator for future price movements.

Secondly, the significant premium on the issue price suggests that investors are willing to pay a higher price for a stake in the company, reflecting their confidence in ixigo's growth prospects.

ixigo's Market Position

ixigo, a leading travel and booking platform in India, has carved a niche for itself in the competitive market.

The company's strong market position, coupled with its innovative offerings, has attracted a broad user base.

This, in turn, has translated into robust financial performance and a promising outlook, making it an attractive investment option.

Future Prospects

Looking ahead, ixigo's future prospects appear bright. The capital raised from the IPO will be utilized to fuel the company's growth initiatives, including technological advancements, market expansion, and enhancing user experience.

With a strong market presence and a clear growth strategy, ixigo is well-positioned to capitalize on the opportunities in the travel and booking sector.

Key Points

In conclusion, the ixigo IPO rises and has made a remarkable debut, with shares listing at a substantial premium on both the NSE and BSE.

The strong rises achieved by Ixigo shows the strong market fundamentals of company as well as the confidence and interest of the investors.

As Ixigo is growing so far and its providing a investment options to all those investors who are looking for a company to invest in the booking industry.

Leave a Reply

Your email address will not be published.Required fields are marked *