The wait is over for Ixigo (Le Travenues Technology Limited) IPO investors! Today, June 13th, 2024, marks the finalization of share allotment. Here’s a comprehensive guide to help you check your application status and understand the next steps.
Strong Demand for Ixigo IPO
The online travel agency’s initial public offering (IPO) witnessed a robust response, receiving nearly 98.34 times subscription. This strong demand indicates significant investor interest in Ixigo’s future growth prospects.
How to Check Your Allotment Status
There are two primary ways to check if you’ve been allotted shares in the Ixigo IPO:
- Link Intime India Private Ltd Website:
- Visit the Link Intime website, the official registrar for the Ixigo IPO [Link ixigo ipo ON Link Intime India Private Limited [invalid URL removed]].
- On the website, navigate to the “Status of Allotment” section.
- Enter your application details, including the PAN card ID and application number.
- Submit the details, and you’ll see the status of your allotment.
- Net Banking or Brokerage Account:
- Login to your net banking portal or brokerage account linked to your Demat account.
- Many banks and brokers offer a section for IPO allotment status within their online platforms.
- Look for a dedicated section for IPO results or allotment status.
- You should be able to find the allotment details for the Ixigo IPO there.
What Happens Next?
The allotment finalization is just the first step. Here’s a timeline of what to expect in the coming days:
- June 14th: Refund for unallotted applications will be initiated.
- June 14th: Shares will be credited to the Demat accounts of successful applicants.
- June 18th: The anticipated listing date for Ixigo shares on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE).
Didn’t Get Allotment?
If your application wasn’t allotted any shares, you’ll receive a refund for the application amount within a few business days. The exact timeframe may vary depending on the processing timelines of your bank or broker. Typically, the refund will be credited back to the source from which the application payment originated (e.g., your savings account linked to your Demat account). You can expect to see the refunded amount reflected in your account within 5-7 business days. However, it’s advisable to check with your bank or broker for their specific timeframe to avoid any unnecessary inquiries.
