Le Travenues Technology’s IPO, operating Ixigo, was subscribed over 5 times in two days, driven by strong retail demand. IPO includes fresh equity sale of Rs 120 crore and OFS of up to 6.66 crore shares. Analysts suggest long-term subscription due to potential business growth. Price band set at Rs 88-93 per share. Ixigo shares trade at a Rs 25 premium in the unlisted market.
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