Le Travenues Technology Limited: History, Milestones, Latest Updates, Subsidiaries and  Share Price

INTRODUCTION

Le Travenues Technology Limited is an Indian online travel booking agency that owns several online portals including ixigo, ConfirmTkt, and AbhiBus. Founded in 2006, the company provides its customers with an opportunity to book train tickets, air tickets, bus tickets, hotel stays, and taxis through artificial intelligence and live travel analytics. The company caters to millions of customers with personalized suggestions and utility features like fare alerts and PNR tracking. Ixigo share price is indicative of impressive momentum driven by increased demand for digital travel. The stock can be traded via a top trading app in India.

Le Travenues Technology Limited Moves in 2026

On January 13, 2026, Stock performance was positively driven by a brokerage firm's upgrading the stock which fuelled buying activity.

On January 22, 2026, The company announced that its results show 31% YoY revenue growth along with increased profitability due to strong demand in all segments of the travel market.

On January 23, 2026, the stock witnessed a large drop (~15%) after the company's earnings release in connection with high costs.

On January 30, 2026, Analyst/investor meetings outcomes are reported by the company, pointing out the active engagement of institutional investors in the process.

On February 6, 2026, Investors are informed about the results of analyst meetings conducted recently.

On February 27, 2026, There are multiple investor meetings held in February, underlining strong interest from institutions in this company's future.

On March 9, 2026, AbhiBus platform (subsidiary company), created a partnership with Uber, allowing for intercity bus reservations via the app.

On March 23, 2026, Key analyst meetings took place, and outcomes are discussed with investors.

On April 7, 2026, Filing with SEBI in order to receive a certificate regarding the company's compliance with all requirements of the regulator.

On April 8, 2026, The company and its subsidiary ConfirmTkt entered into a collaboration agreement with Swiggy for meal delivery services onboard trains.

On April 15, 2026, A large investor cut down his stakes a little bit, which might exert some pressure temporarily but will increase liquidity.

Le Travenues Technology Limited moves in 2025

• Ixigo’s Q4 FY25 revenue surged 72% YoY to Rs. 284 crore, with profit soaring 128% to Rs. 17 crore.

• Gross Transaction Value grew by 65% YoY to Rs. 4,418 crore, driven by strong travel bookings.

• Ixigo clocked Rs. 914 crore in FY25 revenue, while net profit dipped to Rs. 60.18 crore amid increased investments.

• Ixigo suspended bookings to Turkey, China, and Azerbaijan as part of "Operation Sindoor."

• The company deepened its partnership with Amadeus to expand flight content offerings.

• Ixigo share price surged by 8% to Rs. 180 after its strong Q4 results, showing investor confidence.
  
  

Evolution of Le Travenues Technology Limited: From Past to Present:

Past:

Le Travenues Technology Ltd, the parent company of Ixigo, was founded in 2007 with the aim of simplifying travel planning for Indian users. Initially launched as a travel meta-search platform, Ixigo focused on comparing flight and train bookings. Over time, it expanded into hotel, bus, and package bookings, carving a niche in the competitive online travel industry through user-friendly features and regional language support.

Present: 

Today, Le Travenues Technology Ltd has evolved into a full-stack, AI-powered travel platform serving millions of users. With strong offerings across trains, flights, and buses, the company has seen rapid growth in both revenue and user base. Its successful IPO in 2024 and continued innovations in mobile technology have made Ixigo one of India’s leading travel brands, with Ixigo share price reflecting strong investor confidence in 2025.

Timeline of Le Travenues Technology Limited:

Inside the Le Travenues Technology Ltd and its Subsidiaries:  

Corporate actions: As of May 22, 2025, the Ixigo share price stands at Rs. 175.52.

Main News: 

• March 2025: During the Maha Kumbh Mela 2025, Ixigo observed a significant surge in travel bookings to Prayagraj. Flight bookings increased by 5.4 times, train bookings quadrupled, and bus travel soared 20-fold compared to the previous year. Notably, Gen Z and solo travelers were major contributors to this spike. 

• 19 May 2025: Ixigo's Monthly Transacting Users (MTUs) increased by 36% year-on-year to 3.34 million in FY25. The annual spend per transacting user rose to Rs. 9,716, up from Rs. 8,539 in FY24, indicating enhanced user engagement and platform utilization.

• 19 May 2025: Elevation Capital sold over 21.5 lakh shares of Ixigo at Rs. 178 each in a block deal worth Rs. 38.27 crore. Despite this sale, Elevation Capital remains a significant stakeholder, holding a 14.02% stake as of March 2025. 

• 19 May 2025: Ixigo reported a 72% year-on-year increase in Q4 FY25 revenue, reaching Rs. 284 crore. The company's net profit surged 128% to Rs. 17 crore, marking its most robust quarterly performance to date. Gross Transaction Value (GTV) rose 65% to Rs. 4,418 crore, driven by significant growth in flight and bus bookings. 
  
  

Current Ixigo Share Price NSE

Achievements and Milestones:

CONCLUSION

The growth prospects of Le Travenues Technology Limited are excellent due to factors such as increasing adoption of digital travel services, partnerships, and continuous revenues growth. Though there may be volatile periods of ups and downs due to the company’s increased expenses and ownership, in the long run, the business is set for positive performance as it improves its ecosystem. Ixigo share price shows growth possibilities, as well as market volatilities. Investors are advised to monitor the company's profitability and margins before making investment decisions. They can benefit from special offers like new refer and earn demat account.

Frequently Asked Questions:

Is Ixigo share price considered overvalued?

With a Price-to-Earnings (PE) ratio of 107.97, the Ixigo share price appears to be overvalued relative to its earnings. Investors can use valuation tools to assess whether the current price of Rs 175.52 justifies its financial performance.

Where can I check the Ixigo share price and updates?

Visit Enrich Money’s stock analysis page for real-time Ixigo share price and performance insights.

What impact does Ixigo’s sales growth have on the Ixigo share price?

Ixigo has reported a sales growth of 30.24%, which shows strong business expansion and can positively influence the Ixigo share price over time if the trend continues.

How does market sentiment affect the Ixigo share price?

Market sentiment, driven by news, investor perception, and industry trends, can cause fluctuations in the Ixigo share price even if the company’s fundamentals remain unchanged.

What has been the highest and lowest Ixigo share price in the past 52 weeks?

The Ixigo share price’s 52-week high is Rs 197.50, and the 52-week low is Rs 117.00.

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