ixigo IPO GMP History
ixigo IPO has been listed on June 18, 2024 at a listing price of ₹138.1, against the issue price of ₹93 — a gain of ₹45.1 (+48.49%). The GMP peaked at ₹35 on 13 June 2024 and reached a low of ₹25 on 11 June 2024. The day-wise GMP trend below shows how grey market sentiment evolved from subscription to listing.
ixigo IPO raised ₹740.1 Cr. through its IPO at a price band of ₹88 to ₹93 per share, with a lot size of 161 shares. The IPO was open for subscription from 10 Jun 2024 to 12 Jun 2024.
Researched & reviewed by
Abhishek Vohera,
Founder, IPO Guru
Last updated
Figures sourced from the RHP, BSE & NSE
GMP trend
Grey market premium sampled three times a day (11 AM, 5 PM, 10 PM). Last updated 10 Nov, 6:41 PM IST.
Day-wise GMP
The last reading of each day, newest first. Arrows compare with the previous day.
| Date | GMP | ↑↓ | % | Kostak | Sub. Sauda |
|---|---|---|---|---|---|
| 17 Jun 2024 | ₹ 30 | ▼ | 32% | — | — |
| 15 Jun 2024 | ₹ 32 | ▼ | 34% | — | — |
| 14 Jun 2024 | ₹ 33 | ▼ | 35% | — | — |
| 13 Jun 2024 | ₹ 35 | ▲ | 38% | — | — |
| 12 Jun 2024 | ₹ 26 | ▲ | 28% | — | — |
| 11 Jun 2024 | ₹ 25 | — | 27% | — | — |
| 10 Jun 2024 | ₹ 25 | ▼ | 27% | — | — |
| 08 Jun 2024 | ₹ 28 | ▲ | 30% | — | — |
| 07 Jun 2024 | ₹ 25 | — | 27% | — | — |
ixigo IPO dates
Key dates from opening to listing. Today is 11 November.
- Open 10 Jun 2024
- Close 12 Jun 2024
- Allotment 13 Jun 2024
- Refund/credit 14 Jun 2024
- Listing 18 Jun 2024
ixigo IPO actual listing price
How the grey market's final call compared with the listing-day open.
| Issue price | ₹93 |
|---|---|
| GMP-based estimate (pre-listing) | ₹123 (+32.3%) |
| Listing gain / loss | +₹45.1 per share |
| Listing date | 18 Jun, 2024 |
| Actual listing price | ₹138.1 (+48.49%) |
Is ixigo IPO GMP reliable?
Grey market premium for ixigo IPO should be interpreted with caution. The GMP is an unregulated, unofficial market not governed by SEBI. Here's how to read the current signal:
- 01Subscription rate matters: A high GMP paired with strong subscription — especially QIB (Qualified Institutional Buyer) oversubscription — is a more reliable bullish signal than GMP alone. Read our in-depth analysis: GMP vs Subscription Data — Which Predicts Listing Gains Better?
- 02Timing matters: GMP in the first 1–2 days of subscription is less reliable. GMP on the final subscription day and the day before listing tends to be the most accurate predictor.
- 03Grey market is thin: For smaller IPOs, even a handful of large orders can swing the GMP significantly. Treat low-volume GMP signals with extra caution.
- 04Cross-check before acting: Review the ixigo IPO full review for a fundamentals-based assessment before making any grey market trades.
ixigo IPO Kostak rate explained
Two ways the grey market trades an IPO application before listing.
The Kostak rate for ixigo IPO was not available during the subscription period. Kostak is the fixed amount a grey market buyer pays for an IPO application regardless of allotment outcome.
The Subject to Sauda price was not available for this IPO. Subject to Sauda only applies if allotment is confirmed — the buyer pays a premium on top of the issue price per lot allotted.
Grey market trading is unofficial and unregulated by SEBI. Proceed with full awareness of the associated risks.
About ixigo IPO
Le Travenues Technology Limited was incorporated as Le Travenues Technology Private Limited on 3 June 2006. It is a technology company that helps Indian travellers plan, book and manage trips across rail, air, buses and hotels under the ixigo brand.
It uses artificial intelligence, machine learning and data science on its websites and apps. Travellers can book tickets and hotels and use tools such as PNR status and confirmation predictions, seat availability alerts, train running status and delay predictions, bus running status and fare alerts.
The company has no identifiable promoter.
The IPO was Rs 740.1 crore, with Rs 120.00 crore of fresh issue and Rs 620.10 crore of offer for sale by investors and other shareholders. Rs 45.00 crore was planned for working capital and Rs 25.80 crore for cloud infrastructure and technology.
Frequently asked
What is the GMP of ixigo IPO?
The current Grey Market Premium (GMP) of ixigo IPO is ₹ 30.
What is the Kostak Price of ixigo IPO?
Kostak rate is the profit made by selling an IPO application before allotment. The current Kostak rate for ixigo IPO is not available.
What is the Subject to Sauda Price of ixigo IPO?
Subject to Sauda is the premium amount decided if the allotment is confirmed. The current Subject to Sauda rate is not available.
What was the actual listing price of ixigo IPO?
ixigo IPO listed on June 18, 2024 at ₹138.1, against the issue price of ₹93 — a gain of +48.49%.
How did the GMP of ixigo IPO trend before listing?
The GMP of ixigo IPO was falling in its final days before listing. The GMP peaked at ₹35 on 13 June 2024. View the day-wise table above for the complete GMP history.
Explore ixigo IPO further
The grey market is one signal. Read it alongside the demand, the reviews and the filings before you decide.
It has listed — go back to the fundamentals.
Category-wise demand from QIB, NII and retail investors, updated through the day.
What brokers and analysts are saying about this issue, in one place.
Check with your PAN whether shares were credited to your demat account.
The grey market called it. Now check the fundamentals.
IPO Guru tracks GMP, subscription and allotment for every Mainboard and SME issue. Read the grey market alongside the subscription book and the offer document before you apply.
Not investment advice. Grey market premium is an unofficial, unregulated indicator and is not a forecast.
