ixigo IPO opens on June 10; Here are key details to know before subscribing

The online travel agency ixigo (Le Travenues Technology) opened its IPO on June 10 to investors for collecting Rs 740,10 crore. The company is offering 79.6 million shares via a combination of a fresh issue and an offer for sale. The company will raise Rs 120 crore by giving 12.9 million fresh shares. While Rs 620.10 crore, the bigger part of the issue, will be pocketed by promoters and other selling shareholders by dumping their 66.7 million shares.