The initial public offering (IPO) of Le Travenues Technology, which manages the travel tech platform Ixigo, will begin on June 10 and end on June 12.
The company submitted its draft red herring prospectus (DRHP) to markets regulator Sebi in February and gained approval in May.

The IPO, which ends on June 12, consists of a new issuance of equity shares worth Rs 120 crore and an offer-for-sale (OFS) of 6,66,77,674 equity shares by existing shareholders.

The selling stockholders in the OFS are Madison India Capital HC, Micromax Informatics, Placid Holdings, Catalyst Trusteeship, Aloke Bajpai, Rajnish Kumar, SAIF Partners India IV, and Peak XV Partners Investments V.

The company's major owners are SAIF Partners and Peak XV, with respective stakes of 23.37 percent and 15.66 percent.