Ixigo subscribed 98.10 times on the last day of bidding. Check the GMP here
Ixigo is in the online travel agency (OTA) business. The company provides a platform for Indian travelers to plan and book their trips across various modes of transportation and accommodations, including rail, air, buses, and hotels. Ixigo offers features such as seamless flight check-ins, train delay predictions, fare alerts, station alarms, and flexible flight bookings to enhance the customer experience.
Subscription details :
| Category | No. of times of total meant |
|---|---|
| Qualified Institutional Buyers (QIBs) | 106.73 |
| Non Institutional Investors | 110.53 |
| Non Institutional Investors (Bid amount of more than Ten Lakh Rupees) | 117.40 |
| Non Institutional Investors (Bid amount of more than Two Lakh Rupees up to Ten Lakh Rupees) | 96.78 |
| Retail Individual Investors (RIIs) | 54.85 |
| Total | 98.34 |
SOURCE: https://www.nseindia.com/market-data/issue-information?symbol=IXIGO&series=EQ&type=Active
Grey Market Premium (GMP) Today :
The current GMP of the company is around Rs. 36-37 which is around 39% of the Issue price . It is expected that investors can get a profit of 39% per lot if the stock lists at such GMP price.
Note: The GMP fluctuates on the basis of market demand.
Ixigo Allotment & Listing date :
The allotment of Ixigo is to be done on Thursday (13/06/2024) by Link Intime India Private Ltd. (Registrar) and the listing date of the shares is on Tuesday (18/06/2024).
Disclaimer:
The recommendations made above are by market analysts and are not advised by either the author, nor FinTrend 24. The author, nor the brokerage firm nor FinTrend 24 would be liable for any losses caused as a result of decisions based on this write-up. FinTrend 24 advises users to consult with certified experts before making any investment decision.