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Company Information

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LE TRAVENUES TECHNOLOGY LTD.

21 January 2025 | 12:00

Industry >> Tours & Travels

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ISIN No INE0HV901016 BSE Code / NSE Code 544192 / IXIGO Book Value (Rs.) 15.30 Face Value 1.00
Bookclosure 52Week High 198 EPS 1.95 P/E 72.24
Market Cap. 5475.28 Cr. 52Week Low 132 P/BV / Div Yield (%) 9.21 / 0.00 Market Lot 1.00
Security Type Other

History of Company

The company history sections lists out major chronological events that happened to the company.
Our Company was incorporated on June 3, 2006 as a private limited company under the Companies Act 1956, with the name "Le Travenues Technology Private Limited", pursuant to a certificate of incorporation granted by the Registrar of Companies. Pursuant to the conversion of our Company to a public limited company and as approved by our Shareholders pursuant to a special resolution dated July 29, 2021, the name of our Company was changed to "Le Travenues Technology Limited" and the Registrar of Companies issued a fresh certificate of incorporation on August 3, 2021.

Major events and milestones:
2007
-Launched meta-search website for flights

2008
-Launched meta-search website for hotels

2011
-Launched ixigo flights app

2012
-Launched a trip planner

2013
-Launched the ixigo-trains mobile application for android

2014
-Launched our first train utility features on the ixigo-trains mobile application

2017
-Launched train bookings
-Unveiled TARA, an artificial intelligence driven personal travel assistant
-Launched `ixigo money'
-Launched bus bookings

2019
-Transition from meta-search model to OTA model

2020
-Launched `ixigo assured'
-Started a help center and launched an updated version of TARA

2021
-Acquired 83.68% of the issued, subscribed and paid-up equity share capital of our erstwhile subsidiary
-Acquired the business of AbhiBus on a slump sale basis

2022
-Acquired additional 6.40% of the issued, subscribed and paid-up equity share capital of our erstwhile subsidiary
-Acquired 53.22% of the issued, subscribed and paid-up equity share capital of FreshBus

2023
-Launched co-branded travel credit card in association with AU Small Finance Bank
-Launched `ixigo assured' for international travel
-Launched `ixigo plan' generative AI trip planner
-Launched hotel bookings on our website
-Launched `ixigo assured flex' for flights and train

2024
Amalgamation between our Company and our erstwhile subsidiary