Ixigo Unlisted Share Prices
Ixigo (Le Travenues Technology Ltd.)
INE0HV901016
Listing Status: Now Listed
About Ixigo Unlisted Share Prices
Overview of Ixigo Unlisted Share Prices
Ixigo OTA platforms allow travelers to book train tickets, flight tickets, bus tickets, hotels and cabs, while providing travel utility tools and services developed using in-house proprietary algorithms and crowd-sourced information, including train PNR status and confirmation predictions, train seat availability alerts, train running status updates and delay predictions, flight status updates, bus running status, pricing and availability alerts, deal discovery, destination content, personalized recommendations, instant fare alerts and automated customer support services.
Segments
Through their internet and mobile based platform and call-centres the company
provides the facility to book and service domestic and international tickets to ultimate
consumer through B2C (Business To Consumer) and B2B2C (Business to Business to Consumer)
channel. They also generate ancillary and advertisement income.
They Offer :
- Flight Ticketing
- Train Ticketing
- Bus Ticketing
Other services: Other services primarily includes income from affiliate marketing for hotel bookings.
Ixigo's Journey
Indian Travel Industry Overview
Online Travel Market
Insights of Ixigo Unlisted Share Prices
Ixigo Financials Information
PARTICULARS (in crores) | 9 MONTHS ENDED DEC 31, 2023 | FY23 | FY22 | FY21 |
---|---|---|---|---|
TOTAL INCOME | 497 | 517 | 384 | 138 |
EBITDA | 34 | 45 | -6.95 | 6.12 |
PAT | 66 | 21 | -24.5 | 7.2 |
EPS | 1.75 | 0.57 | -0.66 | 0.25 |
Consolidated Accounts FY23
● Total income during the year 2022-23 increased to ₹501.25 Crore as against ₹379.58 Crore during the year 2021-22, a growth of 32.05%.
● Profit after tax was ₹23.05 Crore during the year 2022-23 as compared to loss after tax of ₹ 21.06 Crore of 2021-22.
Read more about how Ixigo’s revenue surged 2.8x to Rs 380 Cr in FY22 and and how Ixigo’s profit rose to Rs 9 Cr in Q1 FY23!
9 Months FY24
The company’s fiscal performance shows its strong growth in 3 quarters of FY24, with a revenue of Rs. 497 crores and a net profit of Rs. 65 crores in the first nine months of FY24, which marks a substantial increase from FY23, where IXIGO’s revenue was Rs. 517 crores and its net profit was Rs. 23 crores.
The company has also improved its margins and efficiency, with an EBITDA margin of 7% and an expense-to-revenue ratio of 0.97 in FY23. These numbers reflect IXIGO’s dedication to sustainable growth and financial prudence.
Note:-
- The face value had spilit from Rs 10 to Rs 1 in year 2009.
- The company had alloted bonus shares in the ratio of 399:1 (bonus of 399 shares for every share held) in the month of August 2021.
Ixigo's Market Share
In train ticketing :
In air ticketing :
In bus ticketing :
Acquisitions by Ixigo
Ixigo's IPO Plans
Ixigo had refiled its draft red herring prospectus (DRHP) with the SEBI in February this year. The company’s IPO comprises a fresh issue of shares worth INR 120 Cr and an offer for sale (OFS) component of 6.66 Cr shares. Read more about SEBI's approval for Ixigo's IPO.
It has received a go-ahead for the INR 120 Cr+ initial public offering (IPO) from the Securities and Exchange Board of India (SEBI).
As per a latest SEBI notification, ixigo was issued the observation letter by the markets regulator on May 14. This indicates an approval from the regulator to launch the public issue.
The startup plans to use INR 45 Cr from the IPO proceeds for its working capital requirements. Another INR 26 Cr would be deployed to ramp up its tech stack and scale up investments in data science and AI, among others.
Proceeds worth Rs 45 crore from the fresh issue will be used to fund the company's working capital requirements and Rs 26 crore will be utilised for investments in technology as well as data science, including cloud and server hosting, technology on artificial intelligence and customer engagement.
Additionally, funds will be used to support inorganic growth through acquisitions, and for general corporate purposes. Read more about Ixigo IPO plans.
Investors in Ixigo
Financial Charts of Ixigo Unlisted Share Prices
Balance Sheet of Ixigo Unlisted Share Prices
Profit and Loss of Ixigo Unlisted Share Prices
Ancillary of Ixigo Unlisted Share Prices
Ratio Analysis
Peers
Industry Benchmarking
Segment Revenue
Subsidaries
Security Allotment
Corporate Governance
Team Management Details
FAQs of Ixigo Unlisted Share Prices
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How to buy Ixigo (Le Travenues Technology Ltd.)?
Below are three ways through which you can purchase Ixigo (Le Travenues Technology Ltd.):
- We at Altius Investech have many actively traded scripts and are market makers of unlisted shares. To check out all the unlisted shares traded. (Click on link). To submit a request to buy Ixigo (Le Travenues Technology Ltd.), please click on the trade button at the top of this page
- Additionally, you can download our app from your play store or app store, register on our application, and engage in active trading there.
Download the Altius App here https://onelink.to/hf4m72 - You can also reach out to us at : +91 8240614850 / +91 8240861716
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How to sell Ixigo (Le Travenues Technology Ltd.)?
Below are three ways through which you can sell Ixigo (Le Travenues Technology Ltd.):
- We at Altius Investech have many actively traded scripts and are market makers of unlisted shares. To check out all the unlisted shares traded. (Click on link). To submit a request to sell Ixigo (Le Travenues Technology Ltd.), please click on the trade button at the top of this page
- Additionally, you can download our app from your play store or app store, register on our application, and engage in active trading there.
Download the Altius App here https://onelink.to/hf4m72 - You can also reach out to us at : +91 8240614850 / +91 8240861716
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What is the price of Ixigo (Le Travenues Technology Ltd.)?
We provide a two way quote on all the shares we deal in. Your buy price for Ixigo (Le Travenues Technology Ltd.) is ₹169 and your sell price for Ixigo (Le Travenues Technology Ltd.) is ₹125. The price is based on our estimates and market conditions.
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What is the lock-in period of Ixigo (Le Travenues Technology Ltd.)?
The lock-in period for Ixigo (Le Travenues Technology Ltd.) varies depending on the category of investors:
- For retail Investors, HNIs, or Body Corporates, the lock-in period is 6 months from the date of the listing of Ixigo (Le Travenues Technology Ltd.)
- For Venture Capital Funds or Foreign Venture Capital Investors, there is a lock-in period of 6 months from the date of acquisition of Ixigo (Le Travenues Technology Ltd.)
- For AIF-II (Alternative Investment Funds - Category II), there is no lock-in period
August 2021 saw the introduction of this regulation by SEBI. The purpose of the regulation change, which lowered the lock-in period from a year to six months, was to incentivize additional investments in firms getting ready for initial public offerings, or IPOs. Since its introduction, a number of Portfolio Management Services (PMS) have advised their clients to purchase Pre-IPO shares in order to take advantage of the advantages associated with early-stage investments. This reduction in the lock-in period is considered as a significant step forward.
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How is the Ixigo (Le Travenues Technology Ltd.) price calculated?
Fundamental & Comparative valuation models and the forces of demand and supply in the market for unlisted shares dictate the price. These prices are based on our estimates and transaction history of Ixigo (Le Travenues Technology Ltd.). The price is also determined from the most recent funding round for Ixigo (Le Travenues Technology Ltd.). This provides us with a benchmark valuation, offering a clear indication of the company's current market value as perceived by investors and industry experts.
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What are the lot sizes of Ixigo (Le Travenues Technology Ltd.)?
We can generally arrange lot sizes starting with an investment of INR 20,000. To confirm the lot sizes of Ixigo (Le Travenues Technology Ltd.) with us kindly click here.
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What are the financials of Ixigo (Le Travenues Technology Ltd.)?
The financials of Ixigo (Le Travenues Technology Ltd.) which includes the P/L of Ixigo (Le Travenues Technology Ltd.) and the Balance Sheet of Ixigo (Le Travenues Technology Ltd.) is in the financials section (Click on link).
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Where can I find the annual report of Ixigo (Le Travenues Technology Ltd.)?
The annual report of Ixigo (Le Travenues Technology Ltd.) is available in the annual report section (Click on link).
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Is buying Ixigo (Le Travenues Technology Ltd.) legal in India?
Yes, buying and selling unlisted shares in India is indeed 100% legal. This activity is regulated and governed under the guidelines provided by the Securities and Exchange Board of India (SEBI). Investors and traders must adhere to these regulations and guidelines to ensure compliance with legal and financial standards. It's important for participants in the unlisted share market to be aware of and understand these regulations to engage in transactions legally and securely.
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Short-term Capital Gain taxes to be paid on Ixigo (Le Travenues Technology Ltd.)?
When you sell unlisted shares within a period of two years from the date of acquisition, any profit earned from the sale is classified as Short-term Capital Gain (STCG). This gain is then added to your total income for that financial year. The tax on this short-term capital gain is calculated based on your applicable individual income tax slab rates. Therefore, the rate at which you will pay tax on the STCG from unlisted shares depends on your total income, including this gain, and the tax slab it falls under as per the prevailing income tax laws in India. It's important for investors to consider these tax implications when engaging in transactions involving unlisted shares.
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Long-term Capital Gain taxes to be paid on Ixigo (Le Travenues Technology Ltd.) and how are They Taxed?
Long-term Capital Gains (LTCG) on unlisted shares in India refer to the profits earned from the sale of unlisted shares that have been held for more than two years. The key aspects of LTCG on unlisted shares include:
- Tax Rate: LTCG on unlisted shares is taxed at a rate of 20%.
- Indexation Benefit: This is a significant advantage for investors. Indexation allows for adjusting the purchase price of the shares for inflation, which can reduce the taxable gain.
- Importance for Investors: Understanding LTCG is crucial, especially for High Net-worth Individuals (HNIs) and retail investors, as it impacts their investment strategy and tax planning. Knowing these details helps in making informed investment decisions.
- Calculation: LTCG is calculated by subtracting the indexed cost of acquisition (the purchase price adjusted for inflation) from the sale price of the shares. The profit thus calculated is subject to a 20% tax.
- Applicability: LTCG tax is applicable to profits from the sale of unlisted shares held for more than two years.
- Relevance: This tax is particularly relevant to investors in the unlisted share market, including those considering selling their holdings after a period of more than two years.
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Applicability of Taxes on Ixigo (Le Travenues Technology Ltd.) once it is listed?
When shares initially bought in the unlisted market become listed, the taxation rules change significantly if these shares are sold through a stock exchange. Here's what investors need to know:
Transition to Listed Market Tax Rates: Once unlisted shares are listed on the stock exchange and subsequently sold, the tax rates applicable to listed securities come into effect. This shift means that the favourable tax treatments for listed shares, as per the prevailing tax laws, will apply.
Taxation Based on Holding Period: The crucial factor in determining the type of capital gains tax (Long-term or Short-term) is the holding period of the shares. Importantly, this period is calculated from the original purchase date when the shares were unlisted.
Long-term vs. Short-term Capital Gains: If the shares are sold after being held for more than one year from the date of purchase (including the period when they were unlisted), they are subject to Long-term Capital Gains (LTCG) tax.
Conversely, if sold within one-year, Short-term Capital Gains (STCG) tax rates apply.
Significance for Investors: This information is vital for investors in the unlisted market, as it impacts their tax planning and decision-making process. Understanding these nuances ensures that investors can strategically plan the sale of their shares post-listing to optimize tax implications.
Advice for Investors: It's advisable for investors to keep a record of their purchase dates and monitor the listing dates closely. Additionally, staying updated with the latest tax regulations or consulting with a financial advisor is recommended for accurate tax calculations and compliance. -
How does Altius Investech source Ixigo (Le Travenues Technology Ltd.)?
At Altius Investech, our approach to sourcing Boat Unlisted Share (Imagine Marketing) involves a strategic and direct method. Primarily, we acquire these shares from the below key groups:
Employees of the Company: Employee stock option plans (ESOPs) or other compensation packages frequently include shares for firm employees. For a various reasons, such as including portfolio diversification or financial considerations, some of these employees may eventually choose to sell their shares. We engage with these employees, providing them a platform to sell their shares.
Initial Investors: These are the angel or early-stage investors who provided capital to the business in its early stages. These original investors may look to sell all or part of their ownership position in the company as it develops and flourishes. This might be done for various reasons such as in order to maximise their investment, reallocate resources, or make other calculated financial decisions.
Funding rounds and VC funds: Altius Investech sources the shares from private placement rounds in which private companies seek to obtain capital from the market. Through our platform, venture capital funds can liquidate their shares and we receive the inventory from them when they decide to sell a portion of their ownership through block trades.
By establishing connections with these groups, Altius Investech guarantees our clients a steady and dependable supply of Boat Unlisted Share (Imagine Marketing). This process not only makes it easier for employees and initial investors in liquidating their assets, but it also gives our clients access to shares that aren't often found on the open market. Our platform effectively facilitates a win-win situation for both buyers and sellers. -
How to trust Altius Investech before buying Ixigo (Le Travenues Technology Ltd.) from its platform?
Altius Investech stands at being India's fastest growing and leading marketplace for buying and selling unlisted shares. We believe in enabling access to alternative sources of investments at lower entry barriers to private equity investments.
With more than 25 years of experience, Altius Investech has carved a niche in the financial market by serving more than 8000 clients. The incredible journey is further highlighted by the vast number of transactions that Altius Investech has facilitated transactions that have already exceeded 300 crores.
For investors Altius Investech curates investment opportunities in companies at reasonable valuations which are on the verge of an IPO leading to massive value unlocking. Investments are backed by thorough research and sound investment thesis, with a time bound exit plan.
For ESOP Shareholder and existing Investors, we assist them to liquidate their shares even if they are not publicly traded by creating a platform where we find the right buyers and sellers for the best prices.
Altius Investech have been featured in top media news outlets like Economic Times, Financial Express, Money control. Check out about us on these - leading publications (Click on link) Our journey over these years has not just been about numbers; it's been about building trust and reliability.
We at Altius Investech are dedicated to upholding the greatest levels of ethics and transparency, making sure that your investment experience is not only profitable but also safe and reliable.
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