India’s travel industry is booming quickly after the pandemic and is undergoing a digital transformation. Today, people use online booking platforms like IXIGO to book, plan, and manage their trips in the comfort of time. According to a report by the World Travel and Tourism Council (WTTC), the travel industry in India is expected to grow at a rate of 20.7% in the year 2024.
Amid this future growth trend of this industry, it also brings an excellent opportunity for investors looking to invest in travel aggregator platforms. IXIGO, also known as LE Travenues Technology, is a well-known online travel aggregator that helps Indian travellers to book flights and hotels online. It is one of the fastest-growing companies in this domain, showing exemplary revenue growth at a CAGR of 83.26%.
However, investors can invest in IXIGO via its unlisted shares, actively traded in the grey market. So, if you want to invest in IXIGO unlisted shares, you should have complete information about its pre-IPO shares, like price, current performance, and more. So let’s know the complete details about IXIGO Unlisted Shares.
Details Of IXIGO Unlisted Shares
IXIGO is among India’s top 5 online travel booking platforms whose pre-IPO shares are available for trading. Retail investors can easily buy or sell IXIGO unlisted shares via online trading platforms at the pre-set price. Per the current market trends and data, IXIGO pre-IPO shares are performing well and have grown 12.7% in the last two years.
Like any other travel aggregator company, IXIGO was also negatively impacted by the pandemic, due to which the value of its unlisted shares dropped. However, the company recovers from it and competes with industry players like Make My Trip, Goibibo, etc.
As per the fresh market data, IXIGO unlisted share price today is Rs 95.0 and expected to increase as the company plans its IPO and collaborations in the coming years.
IXIGO IPO: A Great Opportunity For Investors
The current performance of IXIGO unlisted shares is positive, which makes it a good investment option for retail investors. However, there is another future advantage for investors to buy IXIGO unlisted shares, which is its upcoming IPO. The good news is that IXIGO plans to launch its Initial Public Offering (IPO), which has already filed DRHP with capital market regulator SEBI.
The expected size of IXIGO IPO will be Rs 1600 crore, in which the company set an offer for sale (OFS) of Rs 750 crore via the fresh issue of equity shares. However, officials have not released an exact figure about IXIGO IPO share price. So, investors planning to buy IXIGO unlisted shares price at the time might benefit when the company launches its IPO.
Things To Consider Before Investing In IXIGO Unlisted Shares
Unlike any other company, the performance of IXIGO unlisted shares depends on market conditions and other factors. It is an online travel aggregator with millions of active users who use this platform to book online hotels, flights, trains, etc, for their trips. That is why looking at factors like IXIGO market share, unlisted share price, and more is crucial.
Analyse The Market Trends
The primary thing we suggest you do is track the current market trends. It will show you the data about the growth rate of online travel aggregators and the travel industry. Conduct your research to check IXIGO total market share and its growth in the last five years.
Check IXIGO Price History
Another crucial thing to consider before investing in IXIGO unlisted shares is to check their price history. The data on the change in the price of IXIGO shares will give you a better idea of how the company has performed in unlisted shares in the last few years. To get updated data on IXIGO pre-IPO shares price and performance, you can also use online platforms like Stockify.
Take Guidance From Experts
If you are a beginner investor looking to buy IXIGO unlisted shares, we suggest you take assistance from an expert unlisted share broker. Doing this will give you complete details on the performance and future growth trend of IXIGO pre-IPO shares. Moreover, these experts will also suggest ways to minimise the risk and get high returns on investment.
Buy IXIGO Unlisted Shares To Get Future Benefits
IXIGO is one of the fastest online travel aggregators that has shown a positive growth rate in the last few years. Since the company is also planning for an IPO, it presents an excellent opportunity for investors looking to invest in IXIGO unlisted shares. So you should remember a few things, like current market trends, unlisted share prices, and more. To get the current IXIGO unlisted share price and financial performance, you can use the unlisted shares broking platform like Stockify. Plan your investment in IXIGO pre-IPO shares to get multibagger returns in the future.