Ixigo IPO: Retail portion oversubscribed within hours of launch

The Ixigo IPO comprises a fresh equity issue of Rs 120 crore and an offer for sale (OFS) of up to 6.66 crore shares. Under the OFS, shareholders like Elevation Capital, Peak XV Partners, Bajpai, Kumar, Micromax Informatics and Placid Holdings will offload part of their stakes.