Le Travenues Technology Ltd IPO Message Board (Page 17)

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GMP
₹23.50 - ₹24/=

​@newgen consultancy sir in Bajaj housing finance IpO is there any chances of SH quota?
If yes is it Bajfinance going to be parent?

Your assistance with this matter would be greatly appreciated

​@Chhote Lal , kindly explain how SH quota works. Do we need to apply for 13lots to get confirmed allotment in SH quota or even with 1lot also will be confirmed allotment? And can we apply for 14lots or higher in SH quota or else only less than 14lots will be considered as SH quota. Kindly explain.

​@Jey Nayak There is nothing special other than permission to apply two applications with same PAN (say one for Retail and other one for SH). You need to apply as per the lots applicable. There is no guarantee of confirmed allotment in SH quota, if this segment too gets oversubscribed.

Le Travenues Technology Limited (Ixigo) IPO
Anchor Book:

▪︎ Government of Singapore,
▪︎ Nomura
▪︎ Custody Bank Of Japan
▪︎ Optimix Wholesale
▪︎ Motilal Oswal
▪︎ Malabar
▪︎ Matthews Asia
And some more....

In IXIGO IPO, based on shares offered for each segment, in case of oversubscription, following are number of applicants who will be allotted min. applicable lot/s :

bHNI : 3,530
sHNI : 1,765
Retail : 49,429
Apply wisely 👍

Le Travenues (Ixigo) Raises
176.2 cr(4.9% Eq.)Secondary Placement Ahead Of The IPO

Selling Shareholders :
SAIF Partners : 100 cr
Peak XV : 65 cr
Micromax : 10 cr
Madison India : 1.2 cr

Investors :
Ashoka India : 45 cr
Tata MF : 40 cr
Bay Capital : 50 cr
Steadview Cap : 41.2 cr

GMP 27 very low volumes though

GMP has dropped to Rs 24 or about 25%. These fluctuations will be there. One should keep keen watch.

Hello everyone, I am opening a Minor account for my daughter (11 years) in HDFC bank. However, the account name shows like- Minors name U/G Fathers name. In her PAN card, only her name is printed. If I apply for an IPO using her account, would it be considered as 3rd party application or it would be a valid application.
Many thanks for your answers!!
Manish

​@Dr. Manish Jain  Hello, have no personal experience of maintaining any minor account for IPO purposes or otherwise, hence unable to give firsthand info.

However this topic is discussed frequently in CG and if you go through the same, will certainly get some clues. I remember one of members mentioning "There is no issue in ICICI or even in HDFC. Minor account name is minor u/g parent and even got allotments. PAN should match that is the main criteria"

Suggest go to Awfis IPO page (or other IPO pages)and in search bar enter "minor". You will get useful information.

Good Luck 👍

Thanks a lot for prompt reply !!

Offtopic:
Applied in tbi corn with 3 accounts
But in 1 account Google pay is showing mandate is not revoked and the bank website is showing no funds are blocked and all funds are free
So what to do in this situation ?
Should I try to withdraw the funds?
Or wait for mandate to get revoked

​@NAPSTER No action required from your end as funds are not blocked and you have not got any allotment too.

​@NAPSTER You have not been alloted.

Actually, all your funds are unblocked, it is just that in one of the mandates you are getting an erroneous message that it is not revoked..just ignore it. You can use your funds..

Some point on Online Travel Agency apps (OTAs), from RHP
-Flight bookings have thin margins and are competitive. ixigo's share is very small here of total industry by volume.
-Rail tickets give 20 to 40 rs per ticket. ixigo have highest market share of ~52% here .
-Bus bookings give 6-20% based on operators. Abhibus ,their bus business has 11% market share. While redbus has 75% share
-Hotel bookings via ixigo has recently started , market share <1%

Peers
1. Makemytrip (OTA1)- goibibo,redbus,redrail are their brands. Biggest leader on revenues. They hold 60% of total market across all segments.
2. Easemytrip (OTA2)- 3rd largest player by revenue
3. yatra (OTA3)- So entire corporate travel market is held by them.
4. Some international OTA , booking,com, expedia ,agoda and airbnb

Surprising to know that KPI stats of ixigo.
-Higher DAUs (daily active users) indicates customer engagement
-user acquisition is also strong

I personally have never used ixigo for rail or bus bookings.

​@MuStrFc Maybe im wrong in understanding your question. DAU represent my daily engagement with users, many would just surf for price comparison, if they are ready to book, then they have to be a registered user, isn't it?

Some more points after reading rhp
-CAC, customer acquisition cost has increased, to 200 rs up from 130rs
- Also, there is no promoter here, Its a 100% public held company. Afaik the founders have ~8% equity through ESOP
-Trade receivables have also increased significantly despite same revenue growth of 30%
- IRCTC holds 80% of rail ticket market. and ixigo holds 52% of remaining market.
- There has a slowdown in rail ticket bookings from last year.
Since ixigo is betting big on rail front, it could be a risk factor as revenues from this segment may stagnate.
-Online rail ticket is already having 81% penetration and its going to 86% till 2028, 12% cagr. So single high digit growth for OTA's in this segment.

Putting it rightly again on my part, how much DAUs actually register actually would have helped more to judge how sticky their users are. Without it this KPI is not adding much value imo.

The convenience fees part is only recently waived for third party partners like ixigo for rail tickets. Plus IRCTC won't let others scale up much more in the railway part since its listed itself and basically is trying to oust all other railway partners off the space. Probably the reason why slowdown in premier segment of ixigo.

Their venturing in to offer credit cards, travel insurance, visa services, rentals shows the need to pivot owing to fierce competition. @UjwalG

Ixigo Looks good
That It has PAT Of 65 cr
And will close At 100 cr
And PE Of 36

Reality is It Has 29.7 cr Exceptional Gain and
17.3 cr Deferred Tax settlement

In Net It Has Made only
18.7 cr in First 9 Months

Even if it's posts 10 cr PAT In Q4

IPO Is Coming At A PE Of 120-130×

And Other Side is
Investors Who invested in 2022 at 81 are selling at 93
They want their capital back and Exit

In October 2022 Ixigo raised 450 cr At 5050 cr Valuation

Now IPO At 3600 cr Valuation

​@newgen consultancy Pl tell me how to edit sbi asba application in Bnii..
After edit action, delete option is not accepting or its disabled..

​@Shri Bappa You cannot delete or cancel the BHNI application, only retail application can be cancelled..

Niva Bupa is likely to raise nearly Rs 600-800 crore through fresh issuance of shares and the OFS size is likely to be between Rs 2,200-2,400 crore

European Central Bank cuts interest rate for the first time in five years.

​@newgen consultancy  Sir ITC demeger ki record date kya hai . Koi please explain krega ki ki kab share le ki demerge ka part rhe

​@Chhote Lal  Sir thanks information ke liye , lekin record date nhi pta chal rhi

​@Saney In such a situation, you have few options :
1. Buy few more to make it multiple of 10
2. Sell it before record date
3. Keep holding it and forget any demerger benefit

Bajaj Housing Finance approves IPO of equity shares of ₹10 each of the company. The IPO comprises ₹4,000 crore fresh issue & an offer for sale (OFS) of equity shares.

I Have applied in JSW infra ipo (BHNI). But no allotment received
Now this transaction is shows in AIS of Income tax portal in SFT Transaction under the head purchase of shares

Now what can I do for this Transaction
Any one face this similar issue and pls tell what can I do.??

Don't worry, there you have the option to give remarks/feedback. Therein you can object and choose the option that transaction is incorrect.

They will same amount in Input and output , so tax liability will be zero

And tell your CA he will take care of it.

Easy Trip Planner provides end- to -end travel solutions, including airline tickets, hotels and holiday packages,rail tickets, bus tickets and taxis as well as ancillary value- added services such as travel insurance, visa processing and tickets for activities and attraction.

C. P. : 41.3
Sales : 591
Opm : 36
Net profit : 103
Valuation; 48
ROCE : 40.1

IF we compare these data with IXIGO, all these datas are superior and valuations vise too it's 154.

I have bought EASY TRIP considering that it will surely give at least 10% gain within 10 days. This is no recommendation for EASY TRip, just for comparing it with the forthcoming ipo of IXIGO. Just think & decide.

​@abc xyz Wish you all the best 🙏

Pls search for curious case of EaseMyTrip by moneylife.

24% gmp

No GMP as of now ?

GMP : 30 (32.3%)

​@Chhote Lal Sir for this one , we are only interested in listing gain , no long term holding plan ,

​@Vimal Garodia  finally a good news

I have shares of bajaj financial serices.Is it ok for shareholders quota of Bajaj housing finance ipo.

​@subramanya bhatt Bajaj Housing Finance which is planning for IPO is subsidiary of Bajaj Finance Limited. If at all SH is offered (no clarity as of now), one needs to have atleast one share of Bajaj Finance and not of any other group company. One should wait for DRHP to see if SH quota is being offered.

For SH quota Bajaj Finance and Hero Motocorp lena chhahiye ? Experts please comment.

​@Rajiv RR  @Ishq With Risk 
Record date is usually the date when the Red Herring Prospectus (RHP) is filed and not when the DRHP is filed.

​@Chhote Lal Sir ji Thanks for correcting it, it's RHP not DRHP filing date.

Achche IPOs me 10% hi retail hota hai

Again pichale 3 saal mein company profitable hai to IPO mein 35% allotment retail ko rahega. Agar profit nahi hai last 3 years isliye retailers kot maximum 10% limit rahega. Ye SEBI rule hai. Is company ka loss hai ek sal isliye sirf 10% retailers ko milega.

OUR COMPANY DOES NOT HAVE AN IDENTIFIABLE PROMOTER.

So, use pronouns?