LE Travenues Technology Ltd. IPO

We are a technology company focused on empowering Indian travelers to plan, book and manage their trips across rail, air, buses and hotels. We assist travelers in making smarter travel decisions by leveraging artificial intelligence, machine learning and data science led innovations on our OTA ... platforms, comprising our websites and mobile applications. Travelers can book train, flight and bus tickets and hotels, while accessing utility tools and services including train PNR status and confirmation predictions, train seat availability alerts, train running status updates and delay predictions, bus running status, personalized recommendations, instant fare alerts and automated customer support services. Our industry peers listed in India, as disclosed in “Basis for Offer Price” on page 156, include Easy Trip Planners Limited and Yatra Online Limited. Read more

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.

The total Indian travel market as represented by modes of air, rail, road and hotel is estimated at around ? 3.8 trillion in Fiscal 2023 and expected to grow at a CAGR of around 9% to reach ? 5.8 trillion by Fiscal 2028. As of Fiscal 2023, the ‘next billion users’ travel market is ... estimated to be approximately 90% of the train and bus segment each, and between 50% - 55% of the flights and hotels segment. This weighed in at over 60% - 65% of the overall travel market in 2023. Read more