Travelnews Technology IPO will open next week, know the details before investing?

Ixigo IPO Price Band: The initial public offer (IPO) of Le Travenues Technologies, the parent company of travel aggregator Ixigo, will open for public subscription next week. Retail investors will be able to bid for this IPO from June 10 to June 12.
Through this issue, the company wants to raise a total of ₹ 740.10 crores. For this, the company will issue 12,903,226 new shares worth ₹ 120 crores. At the same time, the existing investors of the company will sell 79,580,900 shares worth ₹ 740.10 through Offer for Sale i.e. OFS.

What is the minimum and maximum amount that retail investors can invest?
For this IPO, a retail investor will have to apply for a minimum of one lot i.e. 161 shares. The company has fixed the price band of the IPO at ₹88-₹93 per share.
If you apply for 1 lot as per the upper price band of the IPO of ₹93, then you will have to invest ₹14,973. Retail investors can bid for a maximum of 13 lots i.e. 2093 shares, for which an investment of ₹194,649 will have to be made.
10% of the issue reserved for retail investors (Ixigo IPO Price Band)
Le Travenues Technology Limited has reserved 75% of the issue for qualified institutional buyers (QIB). Apart from this, about 10% is reserved for retail investors and the remaining 15% is reserved for non-institutional investors (NII).
Le Travenues Technology was founded in 2006
Le Travenues Technology Limited was founded in 2006. It is an online travel agency (OTA) that allows travellers to book train, flight, bus tickets as well as hotels through the 'ixigo' app.
Apart from this, many other features are available in the app including PNR status and confirmation prediction, train seat availability alert, train running status, flight status, automated web checking. As of 31 December 2023, the company had 486 employees.