Regulation 32 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 - Monitoring Agency Reports for the quarter ended March 31, 2026
IXIGO · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Le Travenues Technology Limited (IXIGO) submitted Q4 FY2026 monitoring agency reports for two capital raises. For the June 2024 IPO, ₹112.67 crore (net) has been 98.7% utilized — ₹43.44 crore for working capital, ₹25.80 crore for technology/AI investments, and ₹41.87 crore for acquisitions including a 62% stake in Zoop Web Services. Only ₹1.563 crore remains unutilized with no material deviations reported by ICRA. Separately, for the November 2025 Preferential Issue of ₹1,295.56 crore, CARE Ratings reports ₹554.76 crore utilized (43%) in Q4 alone, including ₹129.26 crore for acquisitions — a 60% stake in Trenes (Spain) and 45.02% in Sqaas (Spain). The company deployed ₹133.45 crore on customer discounts for flight and bus bookings under organic growth. ₹740.80 crore remains parked in fixed deposits (₹500 crore) and mutual funds (₹240.80 crore), earning ₹3.22 crore in returns. No material deviations found in either report.
The filings show healthy fund deployment pace with no deviations — shareholders can be reassured that IPO and preferential issue proceeds are being used as promised. International acquisitions (Spain) signal expansion strategy. Large unutilized balance in FDs/MFs is typical for large raises being deployed over multiple quarters.