ixigo shares rise 78% from IPO price on 1st day, hit upper circuit

The shares of travel aggregator ixigo rose over 78% from its IPO price on its debut on Tuesday to hit the upper circuit of ₹165.72. The stock listed at ₹138.10 on the NSE, marking a premium of 48.49% over its IPO price of ₹93 per share. The travel technology company's ₹720 crore public offer was subscribed 98.34 times by investors.