Schroders increases stake in Ixigo to 7.18%

Global asset manager Schroder Investment Management has increased its stake in Le Travenues Technology Limited, the parent of travel booking platform ixigo. According to a stock exchange filing, Schroders Group entities, acting as discretionary fund managers, acquired additional shares on September 18, 2025.

The acquisition was made via the open market in which Schroders bought 41,638 shares of ixigo which increased its stake by 0.011% to 7.179% from previous holding of 7.169%. Schroders now has 2,80,28,378 shares of Ixigo.

Earlier this year, Elevation Capital offloaded shares worth over Rs 226 crore in a bulk stake sale, realising a return of approximately 31.6X on its investment. Meanwhile, in that same period, Schroder had picked up an additional 16.6 lakh shares from the open market, pushing its shareholding to 5.176%.

Ixigo’s revenue from operations surged 72.5% to Rs 314 crore in Q1 FY26 in contrast to Rs 182 crore in Q1 FY25. During the period, the company’s net profit grew 27% year-on-year to Rs 19 crore in Q1 FY26 from Rs 15 crore in Q1 FY25.

Ixigo’s shares are trading at Rs 278.55 (as of 15:31 PM), giving the online travel aggregator a market capitalization of Rs 10,874 crore.