ixigo founder Aloke Bajpai's ₹2.65 crore stake to be worth ₹286 crore after IPO

Travel booking platform ixigo's IPO will open for subscription on June 10 with a price range of ₹88-93 per share. At an issue price of ₹93 apiece, market value of ixigo Co-founder Aloke Bajpai's shares is expected to rise from ₹2.65 crore to ₹286 crore after IPO. Meanwhile, Co-founder Rajnish Kumar's ₹1.19 crore stake may be valued at ₹299.23 crore.