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IPO WATCH – Ixigo, VLCC Health Care file draft papers with SEBI – fund raising, objectives, promotes – Some Key Details Here

Appetite for raising money from the primary markets is only growing as two more companies filed preliminary papers with the Securities and Exchange Board of India (SEBI). Le Travenues Technology Ltd, which operates travel platform Ixigo and VLCC Health Care Ltd have recently filed their Draft Red Herring Prospectus (DRHP) for the Initial Public Offering (IPO) the market regulator, a PTI report said Get more Markets News and Business News on Zee Business. ....

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Travel platform ixigo files for Rs 1,600-crore IPO

Last month, as part of its pre-IPO round, the company raised $53 million (Rs 395 crore) from investors led by Singapore sovereign wealth fund GIC with participation from investors such as Info Edge Ventures, White Oak, Bay Capital, Orios Venture Partners, Trifecta Capital and Malabar Investments. ....

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Indian Travel Startup Ixigo Files to Go Public to Raise $200 Million

Ixigo, an online travel and transit booking app, has filed papers in India to raise $200 million through an intital public offering. ....

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Here's How ixigo Parent Le Travenues Plans To Utilise IPO Proceeds

Le Travenues Technology – the parent company of online travel aggregator ixigo – plans to utilise 40% of net proceeds from IPO for organic and inorganic growth ....

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Travel Booking App Ixigo Files initial public offering (IPO) Papers With Sebi

Ixigo's IPO will consist of a fresh issue of Rs 750 crore and an offer for sale of Rs 850 crore by existing investors, including Micromax and Elevation Capital ....

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