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    Le Travenues Technology Grey Market News Today #Le Travenues Technology
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    Le Travenues Technology Company Details
    Le Travenues Technology is a technology company focused on empowering Indian travelers to plan, book and manage their trips across rail, air, buses and hotels. It assists travelers in making smarter travel decisions by leveraging artificial intelligence, machine learning and data science led innovations on its OTA platforms, comprising its websites and mobile applications.
    Its 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 for flights and automated customer support services.
    Le Travenues Technology is the largest Indian OTA in the online train bookings segment and its train-centric mobile applications, ixigo trains and ConfirmTkt, were collectively the leading B2C distribution platforms for IRCTC with 42% market share, in terms of rail bookings among the OTAs and B2C distributors of IRCTC in Fiscal 2021.

    Its bus-focused app, AbhiBus, was the second largest bus-ticketing OTA in India, with a 10% market share in online bus ticket bookings, in Fiscal 2021. It is also the third largest flight OTA in India with a market share of 12% in online air bookings in Fiscal 2021 . It was the second largest OTA in India in terms of total GTV in Fiscal 2021 .
    On a combined (proforma) basis in Fiscal 2021 its combined GTV was Rs 26,94.60 Cr. Its revenue from operations have grown at a CAGR of 83.26% between Fiscal 2019 and Fiscal 2021 and were Rs 40.37 Cr, Rs 111.59 Cr and Rs 135.57 Cr in Fiscals 2019, 2020 and 2021, respectively.

    Le Travenues Technology has the highest app usage among OTAs with 3.748 Cr users, based on MAUs in March 2021. It was also the fastest growing OTA in terms of app downloads, with 37.5 lac monthly app downloads in March 2021, which was more monthly downloads than all other OTAs combined in that month . In the first quarter of Fiscal 2021, its ixigo trains mobile app was the 10th most downloaded travel and navigation app globally .

    It has deep penetration in the ‘next billion user’ market, which comprises users predominantly from Tier-II and Tier-III cities and rural India and it is expected that 20% of ‘next billion users’ will come from Tier I cities.
    For more information, click www.ixigo.com

    The Promoters of Le Travenues Technology
    The Company is a professionally managed company and doesnot have an identifiable promoter

    Le Travenues Technology IPO Main Objects
    The Offer comprises of the Fresh Issue and Offer for Sale.
    The Company proposes to utilise the Net Proceeds towards funding of the organic and inorganic growth initiatives;

    Le Travenues Technology IPO Details
    IPO opens on (?) , 2021
    IPO closes on (?) ,2021
    Issue Type: Book Built Issue IPO
    Issue : up to (?) Shares /Rs 1600 Crore
    * Fresh Issue of (?) Sh/ Rs.750 Cr
    * Offer for Sale Up to (?) Sh/ Rs. 850 Cr

    Face Value per share : Rs. 1

    Le Travenues Technology IPO Price Band Per Equity Share: Rs. (?)
    Le Travenues Technology IPO Retail Lot Size (?) Shares
    Le Travenues Technology Listing will at BSE,NSE

    Shares offered to
    QIB (?%) ?Shares = Rs (?) Cr
    NII (?%) ?Shares = Rs (?) Crs
    RII (?%) ? Shares = Rs (?) Crs
    Lot size: (?) Shares = (?) Forms
    Min Retail Application : (?) Sh , Rs. (?)
    Max Retail Application : (?) Sh, Rs (?)

    Le Travenues Technology IPO Tentative timeTable
    Le Travenues Technology IPO Allotment on ? 2021
    Unblocking of ASBA ? 2021
    Credit to Demat Accounts ? 2021
    Data Patterns Listing on ? 2021

    Le Travenues Technology IPO Financial & Analytical Ratios
    Earnings per Share 2019-20 Rs ( 1.84)
    Earnings per Share 2020-21,Rs 0.74
    Earnings per Share 2021-22 6M Rs ?
    Book Value of the Share as on 31.3.2021 Rs 1.03
    Return on Net Worth: 19-20 – %
    Return on Net Worth: 20-21: 24.14 %
    Return on Net Worth: 20-21 6M:( N.A.) %
    Equity Shares prior to the IPO : 368,386,800 Shares

    Ratio Analysis
    Upper Price Band/last EPS:
    Upper offer price/Book Value Ratio
    Upper offer price/BV after IPO Ratio:

    Le Travenues Technology IPO Peer Comparison:
    There are no comparable listed companies in India that engage in a business similar to that of this Company.

    Le Travenues Technology IPO Lead Managers 
    ICICI Securities, Axis Capital,Kotak Mahindra Capital ,Nomura Financial Advisory,
    Registrar to Le Travenues Technology IPO
    Linkintime India pvt ltd.

    Registered Office of Le Travenues Technology
    Veritas Building, Sector 53, Golf Course Road, Gurugram 122 002, Haryana
    Company Secretary & Compliance Officer : Suresh Kumar Bhutani

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