ixigo IPO Basis of Allotment

wAs certified by Sampat & Mehta, Chartered Accountants (firm registration number: 109031W), by way of their certificate dated June 12,2024.

The three BRLMs associated with the Offer have handled 61 public issues in the past three Financial Years, out of which 17 issues closed below the Offer price on the listing date.

The Offer was made in terms of Rule 19(2)(b) of the SCRR read with Regulation 31 of the SEBIICDR Regulations. The Offer was made through the Book Building Process, in compliance with Regulation 6(2) of the SEBI ICDR Regulations, wherein not less than 75% of the Offer was made available for allocation on a proportionate basis to QIBs (the ‘QIB Category'). Our Company in consultation with the BRLMs, allocated up to 60% of the QIB Category to Anchor Investors, and the basis of such allocation was on a discretionary basis, in consultation with the BRLMs, in accordance with SEBI ICDR Regulations (the ‘Anchor Investor Portion'), of which one-third was reserved for domestic Mutual Funds, subject to valid Bids having been received from domestic Mutual Funds at or above the price at which Equity Shares were allocated to Anchor Investors and on under-subscription or non-allocation in the Anchor Investor Portion, the balance Equity Shares were added to the QIB Category (excluding the Anchor Investor Portion). Further, 5% of the QIB Category (excluding the Anchor Investor Portion) was made available for allocation on a proportionate basis to Mutual Funds only and the remainder of the QIB Category was made available for allocation on a proportionate basis to all QIBs, including Mutual Funds, subject to valid Bids having been received at or above the Offer Price. Further, not more than 15% of the Offer was made available for allocation to Nils (‘Non-lnstitutional Category') of which one-third of the Non-lnstitutional Category was made available for allocation to Bidders with a Bid size of more than Rs.200,000 and up to Rs.1,000,000 and two-thirds was made available for allocation to Bidders with a Bid size of more than Rs.1,000,000 provided that under-subscription in either of these two sub-categories of Non-lnstitutional Category was allocated to Bidders in the other sub-category of Non-lnstitutional Category in accordance with the SEBI ICDR Regulations, subject to valid Bids having been at or above the Offer Price. However, if the aggregate demand from Mutual Funds was less than 5% of the QIB Category (excluding the Anchor Investor Portion), the balance Equity Shares available for allocation in the Mutual Fund Portion were added to the remaining QIB Category (excluding the Anchor Investor Portion) for proportionate allocation to QIBs. Further, not more than 10% of the Offer was made available for allocation to Rlls in accordance with the SEBI ICDR Regulations, subject to valid Bidshaving been received at or above the Offer Price. All Bidders (other than Anchor Investors) were required to participate in this Offer through the Application Supported by Block Amount ("ASBA") process and were required to provide details of their respective bank account (including UPI ID for UPI Bidders (defined hereinafter)) in which the Bid Amount was blocked by the SCSBs or the Sponsor Banks, as the case may be. Anchor Investors were not permitted to participate in the Offer through the ASBA process. For details, specific attention is invited to 'Offer Procedure' on page 485 of the Prospectus.

The Bidding for Anchor Investors opened and closed on Friday, June 7, 2024. Our Company received 23 applications from 20 Anchor Investors (including 4 domestic mutual funds through 7 Mutual Fund schemes) for 4,01,12,345 Equity Shares. The Anchor Investor Offer Price was finalized at T93 per Equity Share. A total of 3,58,11,405 Equity Shares were allocated under the Anchor Investor Portion aggregating to ^333,04,60,665.

The Offer received 22,63,561 applications for 432,61,24,740 Equity Shares (prior to rejections) resulting in 98.84 times subscription. The details of the applications received in the Offer from various categories are as under (before rejections):

Final Demand

A summary of the final demand as per BSE and NSE as on the Bid/Offer Closing Date as at different Bid prices is as under:

The Basis of Allotment was finalized in consultation with the Designated Stock Exchange, being the BSE on June 13, 2024.

A. Allotment to Retail Individual Investors (after rejections) (including AS BA Applications)

The Basis of Allotment to the Retail Individual Investors, who have bid at the Cut-Off Price or at the Offer Price of T93 per Equity S hare, was finalized in consultation with the BSE. This category has been subscribed to the extent of 54.44 times. The total number of Equity Shares Allotted in the Retail Portion is 79,58,089 Equity Shares to 49,429 successful Retail Individual Investors. The category-wise details of the Basis of Allotment are as under:

B. Allotment to Non-lnstitutional Investors (more than Rs.200,000 and up toRs. 1.000,000) (after rejections) (including ASBA Applications)

The Basis of Allotment to the Non-lnstitutional Investors (more than Rs.200,000 and up to Rs.1,000,000), who have bid at the Offer Price of ^93 per Equity Share or above, was finalized in consultation with the BSE. This category has been subscribed to the extent of 97.95 times. The total number of Equity Shares Allotted in this category is 39,79,045 Equity Shares to 1,765 successful Non-lnstitutional Investors (more than Rs.200,000and up toRs. 1,000,000). The category-wise details of the Basis of Allotment are as under (Sample):

C. Allotment to Non-lnstitutional Investors (more than Rs.1,000.000) (after rejections) (including ASBAApplications)

The Basis of Allotment to the Non-lnstitutional Investors (more than Rs.1,000,000), who have bid at the Offer Price of T93 per Equity Share or above, was finalized in consultation with the BSE. This category has been subscribed to the extent of 117.36 times. The total number of Equity Shares Allotted in this category is 79,58,089 Equity Shares to 3,530 successful Non-lnstitutional Investors (more than Rs.1,000,000). The category-wise details of the Basis of Allotment are as under (Sample):

D. Allotment to QIBs (after rejections)

Allotment to QIBs, who Bid at the Offer Price of T93 per Equity Share or above, has been done on a proportionate basis in consultation with the BSE. This category has been subscribed to the extent of 106.25 times of the Net QIB Portion. As pertheSEBI ICDR Regulations, Mutual Funds were allotted 5% of the Equity Shares of the Net QIB Portion available, i.e., 11,93,714 Equity Shares and other QIBs and unsatisfied demand of Mutual Funds were allotted the remaining available Equity Shares i.e., 226,80,557 Equity Shares on a proportionate basis. The total number of Equity Shares allotted in the Net QIB Portion is 238,74,271 Equity Shares, which were allotted to 163 successful QIB Bidders. The category-wise details of the Basis of Allotment are as under:

E. Allotment to Anchor Investors

Our Company in consultation with the BRLMs, have allocated 358,11,405 Equity Shares to 20 Anchor Investors (through 23 Anchor Investor Application Forms) (including 4 domestic Mutual Funds through 7 schemes) at the Anchor Investor Offer Price of Rs.93 per Equity Share in accordance with the SEBI ICDR Regulations. This represents 60% of the QIB Portion.

The Board at its meeting held on June 13, 2024 has taken on record the Basis of Allotment of Equity Shares approved by the Designated Stock Exchange, being BSE and has allotted the Equity Shares to various successful applicants. The Allotment Advice-cum-Unblocking Intimations and/ or notices have been dispatched to the addresses of the investors as registered with the depositories. Further, the instructions to the Self Certified Syndicate Banks for unblocking of funds, transfers to the Public Offer Account have been issued on June 13, 2024 and payment to non-Syndicate brokers have been issued on June 14, 2024. In case the same is not received within ten days, investors may contact the Registrar to the Offer at the address given below. The Equity Shares allotted to the successful Allottees have been uploaded on June 14, 2024 for credit into the respective beneficiary accounts subject to validation of the account details with the depositories concerned. Our Company has filed the listing application with the BSE and NSE on June 14,2024. Our Company has received the listing and trading approval from BSE and NSE and the trading will commence on June 18, 2024.

Note: All capitalised terms used and not specifically defined herein shall have the same meaning as ascribed to them in the Prospectus.

INVESTORS PLEASE NOTE

The details of the Allotment made will be hosted on the website of the Registrar to the Offer, Link Intime India Private Limited at www.linkintime.co.in

All future correspondence in this regard may kindly be addressed to the Registrar to the Offer quoting full name of the first/ sole Bidder, Bid cum Application Form number, Bidder DP ID, Client ID, PAN, date of submission of Bid cum Application Form, address of the Bidder, number of Equity Shares applied for, the name and address of the Designated Intermediary where the Bid cum Application Form was submitted by the Bidder and a copy of the Acknowledgment Slip received from the Designated Intermediary at the address given below:

Link Intime India Private Limited

C-101,1st Floor, 247 Park, Lai Bahadur Shastri Marg, Vikhroli (West), Mumbai -400 083, Maharashtra, India

Telephone number: +91 810 811 4949, E-mail: ixigo.ipo@linkintime.co.in, Website: www.linkintime.co.in

Investor grievance e-mail: ixigo.ipo@linkintime.co.in

Contact person: Shanti Gopalkrishnan

SEBI registration number: INR000004058

THE LEVEL OF SUBSCRIPTION SHOULD NOT BE TAKEN TO BE INDICATIVE OF EITHER THE MARKET PRICE OF THE EQUITY SHARES ON LISTING OR THE BUSINESS PROSPECTUS OF LE TRAVENUES TECHNOLOGY LIMITED.

Le Travenues Technology Limited has filed a Prospectus dated June 12,2024 (‘Prospectus') with the Registrar of Companies {‘RoC'). The Prospectus is available on the website of the Company, the SEBI, the BRLMs i.e. Axis Capital Limited, DAM Capital Advisors Limited and JM Financial Limited at www.ixigo.com, www.sebi.gov.in, www.axiscapital.co.in, www.damcapital.in and www.jmfl.com, respectively, as well as on the websites of the stock exchanges at www.nseindia.com and www.bseindia.com, respectively. Any potential investor should note that investment in equity shares involves a high degree of risk and for details relating to such risk, please see the section entitled ‘Risk Factors' beginning on page 33 of the Prospectus.

The Equity Shares offered in the Offer have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the ‘U.S. Securities Act') or any other applicable law of the United States and, unless so registered, may not be offered or sold within the United States, except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the U.S. Securities Act and applicable state securities laws. Accordingly, the Equity Shares are being offered and sold only outside the United States in ‘offshore transactions' as defined in, and in reliance on, Regulation S under the U.S. Securities Act and the applicable laws of the jurisdiction where those offers and sales are made.