ixigo Leads Tech Stocks, Outshines New-Age Peers

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Ixigo's IPO Success

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Listing Day Highlight

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Comparison with Peers

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Investor Interest

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Market Performance

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Upcoming IPOs

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ixigo Brushes Past Other New-Age Tech Stocks With 25% Gains In First Four Sessions

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ixigo Leads Tech Stocks, Outshines New-Age Peers

Ixigo's IPO Success

Ixigo made a stellar debut on the Indian bourses on June 18, with shares rising over 25% in the first four trading sessions.

Listing Day Highlight

Ixigo listed at INR 135, a 45.16% premium to its issue price, ending the week at INR 169.18, a 25.3% gain.

Comparison with Peers

PB Fintech, Zomato, and Nykaa had gains of 14%-15.7% in their initial sessions, while Paytm declined 10.3%.

Investor Interest

Ixigo’s IPO was oversubscribed 98.34 times, with high interest from institutional and retail investors.

Market Performance

Ixigo's shares hit the upper circuit on listing day, gaining 20%. They declined 9% on June 20 but stayed 24.2% above listing price.

Upcoming IPOs

A surge in startup IPOs is expected, with Ola Electric, Swiggy, and others lined up.

ixigo Brushes Past Other New-Age Tech Stocks With 25% Gains In First Four Sessions