CosmicTaco

Ixigo Allocates 10.58 Lakh Shares via ESOP

CosmicTaco · 2025-01-29T11:36:00.418003+05:30

- Ixigo has allotted 10.58 lakh shares to employees under various ESOP schemes at an exercise price of INR 1.25 per share and a premium of INR 0.25 per share. - This allotment increased the paid-up share capital to INR 38.97 Cr from INR 38.87 Cr. - Despite the allotment, Ixigo reported a 49% YoY drop in net profit for Q3 FY25, while revenue surged 42% YoY to INR 241.76 Cr. Source: [Inc42](https://inc42.com/buzz/ixigo-allots-10-58-lakh-shares-under-esop-schemes/)

Ixigo has allotted 10.58 lakh shares to employees under various ESOP schemes at an exercise price of INR 1.25 per share and a premium of INR 0.25 per share.
This allotment increased the paid-up share capital to INR 38.97 Cr from INR 38.87 Cr.
Despite the allotment, Ixigo reported a 49% YoY drop in net profit for Q3 FY25, while revenue surged 42% YoY to INR 241.76 Cr.

Source: Inc42