• ixigo grants 2.12 lakh ESOPs worth Rs 3.79 crore under four stock option plans.
• Exercise price set at Rs 93, offering a potential gain of Rs 85.96 per option.
• Strong Q4 FY25 performance: Revenue up 72% YoY to Rs 284 crore, profit jumps 2.28x to Rs 17 crore.

Parent firm of online travel booking platform ixigo, Le Travenues Technology Limited, has granted 211,912 stock options to qualifying employees under its four ESOP plans ESOS 2013, 2020, 2021, and 2024. The options are at Rs 93 per share and will vest in equal tranches over a period of four years.

Taking ixigo's closing share price of Rs 178.96 on Wednesday, the aggregate worth of the ESOP grant is around Rs 3.79 crore and provides workers with an in-option gain of Rs 85.96. The options will, after vesting and exercise, be convertible into equity shares on a parity with existing shareholders. Employees will have five years from vesting to exercise their options.

This step is part of ixigo's longer-term vision of drawing, retaining, and rewarding top talent by having an ownership culture and a culture of shared success. The firm considers its ESOP efforts to be a key driver in linking employee contributions to shareholder value.

The news follows ixigo's healthy financial performance for Q4 FY25, during which it saw 72% year-on-year growth in revenue to Rs 284 crore and a 2.28x increase in net profit to Rs 17 crore for the quarter.