Ixigo’s upcoming FPO draws strong anchor interest from global and domestic funds

Ixigo’s planned follow-on public offering received strong anchor interest from institutional investors in Singapore, the UAE and leading Indian mutual funds.  The company’s improving profitability, higher repeat booking rates and expanding user base have strengthened its investor appeal. The FPO is expected to attract sizeable retail participation due to Ixigo’s brand visibility and steady post-pandemic travel recovery. 

Market observers added that the aviation and travel-tech sectors are seeing renewed momentum, helping demand for digital-first ticketing platforms like Ixigo.