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| Name | Ixigo IPO: 10 key things to know before you apply | IPO 2024 | Ixigo IPO review | Ixigo GMP today |
| Video Uploader | Video From Upstox |
| Upload Date | This Video Uploaded At 08-06-2024 10:25:59 |
| Video Discription | Click here to apply for Ixigo IPO on Upstox: https://upstox.com/ipo-initial-public-offering Get ready to invest in the Ixigo IPO! Before you decide, here are 10 key things you need to know about the company and its upcoming IPO. From the company's strengths to potential risks, this video covers everything. **Key Highlights:** 1. **Digital Startup Enabling Travel Planning:** - Ixigo is operated by Le Travenues Technology, launched in 2007. It's a travel booking company helping users plan, book, and manage trips across various modes of transportation. 2. **Ixigo Offers Comprehensive Services:** - Ixigo provides travel bookings, seat selection, in-flight meals booking, visa processing, travel insurance, and car rental services. 3. **Strong Presence in the 'Next Billion User' Market:** - Ixigo's parent company has a significant presence in the next billion user segment, covering non-Tier I market demand, which constituted 60-65% of the travel market in FY23. 4. **Strengths of Ixigo:** - The company leverages AI and technology for its operations, with tools like ixigo PLAN, ixigo Assured Flex, and TARA. Its diverse product and service mix aids in better monetization. 5. **Challenges for Ixigo:** - Despite its strengths, Ixigo's experience as an OTA is limited. It faces stiff competition from established players like MakeMyTrip, EaseMyTrip, and others. 6. **Financial Snapshot:** - Revenue increased by 34% in FY23 to ₹517.57 crore, and the company turned profitable with a net profit of ₹23.40 crore, up from a loss of ₹21.09 crore in FY22. 7. **IPO Details:** - Subscription period: June 10-12, 2024 - Price band: ₹88-₹93 per share - Lot size: 161 shares, with a minimum investment of ₹14,973 8. **IPO Offer Size:** - The IPO aims to raise ₹740 crore, with a fresh issue of ₹120 crore and an offer for sale of ₹620 crore. 9. **IPO Objectives:** - Funds will be used for working capital requirements, technology investment, cloud infrastructure, and potential acquisitions. 💜watching our videos? We love making them for you! Leave a comment and tell us what you would like to see next👇 📹Share & subscribe to our YouTube channel for daily updates 🔔 https://youtube.com/@UpstoxOfficial/Subscribe ----------------------------------------------------------------------------------------- About Upstox: 💑Trusted and loved by 1 crore+ Indians, Upstox brings everything you need for trading and investing on a single platform. Whether you’re looking to invest in Stocks, ETFs, Mutual Funds, SGBs, T-Bills, Bonds, IPOs or you’re looking to start trading in Equities, Options, Futures, Currencies and Commodities, Upstox has it all! 🙌Backed by Mr. Ratan Tata and Tiger Global - Upstox aims to help every Indian confidently UP their wealth. From our mobile app (which btw is India’s highest rated trading app on Playstore) you can learn, discover, analyse, invest and trade. 🤝Wish to join our family? Download our app now👇 iOS users https://apps.apple.com/in/app/upstox-new-stocks-ipo-mf/id1584953620 Android users: https://play.google.com/store/apps/details?id=in.upstox.app&hl=en_IN&gl=US And click here to open an Upstox Demat & Trading account with just a PAN, Aadhaar, eKYC: https://uptx.to/open-demat-account ----------------------------------------------------------------------------------------- 📖Want to UPskill? Register for our investing and trading workshops by industry experts for free: https://uptx.to/uplearn-yt-aug23 💬Got questions on your mind? Connect with like-minded traders, ask questions and discuss any doubts - our subject matter experts will resolve them in no time. Join the Upstox Community for free: https://uptx.to/community-yt-aug23 💸Want to know how much you’ll earn from your investments? Calculate returns, brokerage charges, margin and more https://upstox.com/calculator/ 💜Show us some love on Social Media and get regular updates on the market: 1) Subscribe to our Telegram community here: https://uptx.to/Telegram-Oct-Community 2) Follow us on Instagram here: https://uptx.to/Instagram-Oct 3) Follow us on Twitter here: https://uptx.to/Twitter-Oct 4) Follow us on LinkedIn here: https://uptx.to/LinkedIn-Oct |
| Category | News & Politics |
| Tags | 2024 | Stock market | Ixigo IPO | Trading | IPO | IPO facts | Stock market analysis | Money management | Finance | Investment | Facts | Initial public offering | Stock market news | Investing | Ixigo | IPO analysis | Stock market 2024 | Business news | Stock market trends | Stock market update | #IxigoIPOreview | #IxigoIPOdetails |
